HomeMy WebLinkAboutExhibit 2Virginia Key Beach Park Trust
David Shorter
Executive Director
Memo
To. Virginia Key Beach Park Board of Truste
From: David Shorter -Executive Director
Dam July 10, 2006
Ree Fiscal Year 2007 Operating Budget
Trustees,
Attached is the Fiscal Year 2007 Operating Budget as approved by the Audit
and Budget committee on June 12, 2006. This budget will be sent to the City
of Miami Commission for approval upon your recommendation and the
approval of our representative on the City of Miami commission, Linda
Haskins.
Budget Summary:
The $1,680,955 requested for the General Fund for FY 2007 is $326,513
higher than the $1,354,442 allocated in FY 2006 and is due primarily to the
planned opening of the park in 2007 and the new full time staff positions
associated with the opening of the museum in 2008.
Assumptions made in the development of FY 2007 budget are:
• Based on a two year trend the operating grants and contributions are
being estimated at $50,000.
• Full time staff to increase from 7 to 15 by the end of FY '07. Salaries
and. Benefits impact of new full-time staff amounts to approximately
$390,000 over FY 2006 forecast.
• Planned Park opening date is approximately April 1, 2007.
• The City of Miami Parks department will incorporate the Park's
maintenance cost into its FY 2007 budget.
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• The Trust Park Operation Department would add 6 week -end part-
time employees whose functions would be related to the operation of
the mini -train and the park entrance.
• Additional Park Operation cost .of $50,000 is anticipated, and related
to maintenance, repairs, security and other services.
The following is what 1 would call Significant Accomplishments In
FY2006
1. The move of the administrative offices from Biscayne Boulevard to
Historic Virginia Key Beach Park. The purchase of additional office
furniture for the Trust administrative building and installation of
infrastructure for start up of building.
2. The purchase of the Mini -Train at a fee of $82,000 FOB Miami was
approved by the Board of Trustees and is in process of being delivered to
the Park from a private owner located in Sacramento, California.
3. The issuance of the Notice to Proceed in July 2006 for the renovation
and repair of the parking lot to indude a French drainage system and 427
formal parking spaces for cars, handicap accessible and buses. This
process was very lengthy due to the added involvement of the
environmental permitting processes which the staff worked through all
necessities to insure the notice to proceed.
4, The Virginia Key Beach Park Architectural Competition selected an
architect for design of the museum building; as the design was declared
annulled by the City of Miami through the City of Miami Attorneys office
the staff labored through all necessary outlets to insure a subsequent
Request for Qualification was issued by the City of Miami Capital
Improvements Department.
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The followlna are a cameo of the Objectives for FY2007
1. Opening of the. Park on April 1, 2007
2. Completion of the circulation road paving and parking lot improvements.
3. Completion of a water supply plan and incorporation of the components
of the electrical master -pan.
4. Construction of a shoreline promenade.
5. Installation of the Children's area
6. Installation of the park furniture to include, park benches, flag poles,
grills, and covering of pavilions on the north end of the park which have
been renovated in the Regosa improvements.
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7. Redistribution of the 60,000 cubic yards of sand.
8. Removal of exotic landscape.
9. Creation of picnic areas in hammocks on the park.
10. Installation of a "No Boating Zone".
11. Securing a lease agreement with a community organization on
management of the concession stand.
12. Securing a 1950 Allen Herschel carousel for installation on the park.
13. The process necessary for the acquisition or convenience of the entry
way small parcels of land at the entry of the Park.
Your approval of this FY2007budget will ensure that progress made on
Historic Virginia Key Beach Park continues; and will also ensure an opening
in FY2007 of the status to compliment the Historic significance of this land.
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