HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #16353
Date: 07/10/2024
Commission Meeting Date: 09/07/2024
Requesting Department: Off -Street Parking
Board/Miami Parking Authority
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Approve Annual Budget FY '25 - Department of Off -Street Parking
Purpose of Item:
Approving and adopting the annual operating budget of the Department of Off -Street
Parking for the fiscal year commencing October 1, 2024 and ending September 30,
2025 in the amount of $28,657,687.00 excluding depreciation, and other non -operating
expenses of $5,078,810.00.
Background of Item:
N/A
Budget Impact Analysis
Item is Related to Revenue
Item has NOT an Expenditure
Total Fiscal Impact:
Total Fiscal Impact: $17,000,000 (revenue)
Reviewed B
Off -Street Parking Board/Miami Parking Authority
Review Completed
Office of Management and Budget
Office of Management and Budget
City Manager's Office
City Manager's Office
Legislative Division
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Office of the City Clerk
07/10/2024 2:41 PM
Lai -wan McGinnis
Marie Gouin
Asael Marrero
Natasha Colebrook -Williams
Valentin J Alvarez
Xavier Alban
George K. Wysong III
Maricarmen Lopez
Mayor's Office
City Clerk's Office
City Clerk's Office
Scott Simpson Department Head
Budget Analyst Review
Budget Review
Assistant Manager Review
City Manager Review
Legislative Division Review
ACA Review
Approved Form and Correctness
Meeting
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
07/10/2024 2:49 PM
07/14/2024 1:46 PM
07/15/2024 11:19 AM
07/16/2024 9:35 AM
07/23/2024 4:50 PM
08/09/2024 3:36 PM
08/28/2024 5:20 PM
09/07/2024 10:00 AM
09/12/2024 2:52 PM
09/12/2024 3:22 PM
09/12/2024 3:22 PM
City of Miami
Legislation
Resolution
Enactment Number: R-24-0315
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16353 Final Action Date:9/7/2024
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET, ATTACHED AND
INCORPORATED AS EXHIBIT "A", OF THE DEPARTMENT OF OFF STREET
PARKING FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024, AND ENDING
SEPTEMBER 30, 2025, IN THE OPERATING AMOUNT OF $28,657,687.00,
EXCLUDING DEPRECIATION, AND OTHER NON -OPERATING EXPENSES OF
$5,078,810.00.
WHEREAS, Section 23(h) of the Charter of the City of Miami ("City Charter") provides
that all budgets, funds, and accounts pertaining to the off-street parking facilities of the City of
Miami ("City") shall be segregated from all other budgets, funds, and accounts of the City and
shall be so kept to reflect the financial condition and the operation of each off-street parking
facility of the City separately; and
WHEREAS, a budget is required to properly administer the Department of Off -Street
Parking ("DOSP"); and
WHEREAS, Section 23(h) of the City Charter further provides that no later than one (1)
month before the end of each fiscal year, the Director of DOSP, with the approval of the Off -
Street Parking Board, shall prepare and submit to the City Commission a budget estimate of
expenditures and revenues for the ensuing fiscal year in the same form and like manner as all
other departments of the City for approval by the City Commission; and
WHEREAS, the Off -Street Parking Board reviewed and approved the DOSP annual
budget for Fiscal Year 2024-2025 on July 10, 2024, in the operating budget amount of
$28,657,687.00, excluding depreciation, and other non -operating expenses of $5,078,810.00;
and
WHEREAS, the DOSP requests the approval of the proposed budget for the Fiscal Year
commencing October 1, 2024, and ending September 30, 2025, in the operating budget amount
of $28,657,687.00, excluding depreciation, and other non -operating expenses of $5,078,810.00,
attached and incorporated as Exhibit "A";
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. DOSP's annual budget, attached and incorporated as Exhibit "A", for the
Fiscal Year commencing October 1, 2024, and ending September 30, 2025, in the operating
amount of $28,657,687.00, excluding depreciation, and other non -operating expenses of
$5,078,810.00, is approved and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.1
APPROVED AS TO FORM AND CORRECTNESS:
ge Wy ng III, C "y ttor y 8/28/2024
1 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.