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HomeMy WebLinkAboutPre-LegislationCity of Miami VKBPT Resolution VKBPT-R-24-0006 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16329 Final Action Date: 7/11/2024 A RESOLUTION OF THE VIRGINIA KEY BEACH PARK TRUST ("TRUST"), WITH ATTACHMENT(S), APPROVING AND ADOPTING ITS GENERAL OPERATING BUDGET, ATTACHED AND INCORPORATED AS EXHIBIT "A," IN THE TOTAL AMOUNT OF ONE MILLION NINE HUNDRED EIGHTY FIVE THOUSAND DOLLARS $1,985,000.00, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025 ("FY24-25 BUDGET"), SUBJECT TO THE CITY OF MIAMI, CITY COMMISSION'S APPROVAL; DIRECTING THE EXECUTIVE DIRECTOR TO PRESENT THE FY24-25 BUDGET TO THE CITY OF MIAMI FOR ITS APPROVAL AND FORMAL ADOPTION; IF ADOPTED, RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS OF THE EXECUTIVE DIRECTOR TO UPDATE THE RELEVANT FINANCIAL CONTROLS, CREATE THE NECESSARY FUND ACCOUNTS, AND UNDERTAKE PROJECT CLOSE-OUTS, ACCOUNTING ENTRIES, AND COMPUTER SYSTEMS IN CONNECTION THEREWITH, ALL IN ACCORDANCE WITH APPLICABLE SECTIONS OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Virginia Key Beach Park Trust ("Trust") in cooperation with the Department of Parks and Recreation and other City departments, is guided by its vision to preserve the Historic Virginia Key Beach Park property in a manner consistent with the environmental health, public use, historical importance of the park, and the aspirations of the African American community; and WHEREAS, the Trust desires to adopt its general operating budget, attached and incorporated as Exhibit "A," in the amount of One Million Nine Hundred Eighty -Five Thousand Dollars ($1,985,000.00), for the fiscal year commencing October 1, 2024, and ending September 30, 2025 ("FY24-25 Budget"); and WHEREAS, as a prerequisite for the FY24-25 Budget's adoption, Section 38-237 of the Code of the City of Miami, Florida, as amended ("City Code") provides that no expenditure shall be made in any given year without approval by the City Commission of the Trust budget for that year; and WHEREAS, if approved and adopted by the City Commission, it is in the best interests of the Trust to authorize the Executive Director to make any and all necessary changes to adjust, appropriate, and allocate the Trust's FY24-25 Budget for the purposes set forth in this Resolution; City of Miami Page 1 of 2 File ID: 16329 (Revision:) Printed On: 8/27/2024 File ID: 16329 Enactment Number: VKBPT-R-24-0006 WHEREAS, it is also in the best interests of the Trust to ratify, approve, and confirm certain necessary actions of the Executive Director to update the relevant financial controls, create necessary fund accounts, and undertake project close-outs, accounting entries, and computer systems in connection therewith, all in accordance with applicable Sections of the City Code; NOW, THEREFORE, BE IT RESOLVED BY THE VIRGINIA KEY BEACH PARK TRUST 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. The Trust's FY24-25 Budget is hereby approved and adopted, subject to the City Commission's approval. Section 3. The Executive Director is hereby directed to transmit a copy of the FY24-25 Budget to the City for its approval and formal adoption. Section 4. If adopted, certain necessary actions of the Executive Director to update the relevant financial controls, create necessary fund accounts, and undertake project close-outs, accounting entries, and computer systems in connection therewith, all in accordance with applicable Sections of the City Code, are hereby ratified, approved, and confirmed. Section 5. This Resolution shall become effective upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: City of Miami Page 2 of 2 File ID: 16329 (Revision:) Printed on: 8/27/2024 Virginia Key Beach Park Trust Fiscal Year: 2024-2025 Budget Mission & Vision of the Trust: Our mission is to create a vision for the development and use of Virginia Key Beach Park promoting and maintaining absolute public ownership and access, fostering its perpetuation as a passive open green -space that includes nature trail, recreational facilities and museums structures appropriate and compatible with the nature of Virginia Key; preserving it as a valuable resource to be enjoyed for posterity, and to honor the rich historical legacy of the social and civil rights history of South Florida. Priority Areas: Restoring the following locations: Historic Bathhouse, Boardwalk, Historic Carousel and Playgrounds. Organization Structure Procurement & Special Projects Coordinator Administrative Aide Board of Trustees Executive Director/CEO Assistant Director Finance Coordinator Park Supervisor Park Lead 1 Development/Special Event Coordinator Park Tender II ` Park Tender II Park Tender 1 Park Tender 1 Park Tender 1 Park Tender 1 Park Tender 1 Park Tender 1 Revenue Collector Revenue Collector History. Culture & Volunteer Education Coordinator Science & Environment Education Coordinator 1 I VKBPT 2024-2025 Budget Virginia Key Beach Park Trust Proposed Budget Line -Item (Account Code) Budget by Fiscal Year (FY) Projected Revenue FY 2024 — 2025 Proposed Budget Park Revenue (449000) Small Events, Photo/Film Shoots, Entrance Fee, etc. $350,000 Special Events (469000) $1,000,000 Grants (437000) $25,000 City of Miami Contributions (439000) $600,000 Donations (466000) $10,000 Total Projected Revenue $1,985,000 Projected Expenditures Administration Salaries (512000) Executive Director/CEO $160,000 Assistant Director $120,000 Procurement & Special Projects Coordinator $75,000 Finance Coordinator $63,000 Development/Special Events Coordinator $68,500 History & Culture Education/Volunteer Coordinator $57,000 Science & Environment Education/Volunteer Coordinator $56,000 Administrative Aide $56,000 Overtime $7,000 Total Administration Salaries $662,500 Park Salaries (513000) Park Supervisor $63,540 Park Lead $50,300 Park Tender II $40,250 Park Tender II $40,250 Park Tender I $32,830 Park Tender I $31,000 2 I VKBPT 2024-2025 Budget Park Tender I $23,700 Park Tender I $28,200 Park Tender I $18,000 Park Tender I $22,230 Revenue Collector $27,200 Revenue Collector $21,500 Overtime $5,000 Total Park Salaries $404,000 Fringe Benefit (516000) $50.00 Phone Monthly Stipend $6,000 FICA (521000) 7.65% $81,600 Retirement Contributions (522000) Trust Matches Up To 5% $53,400 Health & Dental Insurance (523000) $110,000 Unemployment Compensation (525000) $10,000 Professional Services (531000) $50,000 Auditing (532000) $13,500 Other Contractual Services (534000) Aerial Photography, Marketing Consultant, Seasonal Police Officer, Paychex, Community Events, Virginia Key Beach 80th Anniversary, Juneteenth etc. $214,000 Travel and Per Diem (540000) Commuter Pass, Mileage, Travel Expenses, etc. $8,000 Postage (541100) $150 Communications and Related (541000) Website, Quality Wiring, JotForm, Constant Contact, etc. $20,000 Rent and Lease (544000) Public Storage, Fortress, Office Modular, Equipment, etc. $92,500 Repair and Maintenance (546000) Pump Station Monthly Maintenance, Pump Station Replacement, Seasonal Cleaning Crew, Pest Control, Equipment Maintenance, etc. $87,000 3 1 VKBPT 2024-2025 Budget Printing and Binding (547100) $15,000 Promotional Expenses (548000) T-shirts, Fans, Museum Promotion, etc. $20,000 Advertising (548100) Billboards, Open Position Ad, etc. $20,000 Other Current Charges (549000) $10,000 Office Supplies (551000) Toner, Paper, Pens, etc. $5,000 Operating Supplies (551000) Garbage Cans, Grills, Toilet Paper, Cleaning Supplies, Trash Bags, Insect Repellant, Sun Protection Supplies, etc. $82,000 Uniforms (552000) $6,000 Subscriptions, Memberships (554000) $4,350 Donations $10,000 Total Projected Expenditures $1,985,000 4 I VKBPT 2024-2025 Budget