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HomeMy WebLinkAboutExhibitCITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Honorable Mayor and Members DATE: November 6, 2014 of the City Commis ! SUBJECT: Information for FY 2013-14 FROM: Daniel J. AlforiYear-End Budget Amendment City Manager Background for General Fund Amendment As FY 2013-14 is now complete and the financial system is closed, it becomes necessary to amend the City's previously approved budget allocation so that the budget aligns with the expenditures in compliance with State Law. These adjustments in the General Fund, Debt Service Funds, and Special Revenue Funds are only requested when expenditures exceed the authorized budget. The various additional General Fund expenditure authority requested herein is in accord with expectations presented in the monthly budget reports to the City Commission or are adjustments that are the result of pass -through revenues and expenditures that must be recorded in the City's financial system, but are not truly an operating cost of the City and as such were not budgeted, such as Fire -Rescue and Police. The FY 2013-14 City's Adopted General Fund Budget totaled $542.58 million. This amendment increases the previously Adopted Budget by $10.16 million, to a revised total of $552.74 million. This increase in the General Fund isprimarily due to the aforementioned Section 175 and Section 185 revenue and expenditures that were not budgeted. Additionally, there is a need to adjust a couple of departments due to higher than budgeted expenditures. The increased allocation was done and offset with reduction of unspent allocations within the General Fund without increasing the overall budget. Most of these adjustments were noted to the Commission during the monthly Budget Discussion and previous monthly reports. The list that follows denotes the areas of increased adjustment and summarizes the principal reasons for the required increase; additionally, Attachment 1 shows a listing of the operating units that required an increase in allocation and the operating units that were reduced in order to offset the increases. Honorable Mayor and Members of the City Commission Page 2 of 4 Adjustments to the General Fund Revenue Line Items Intergovernmental Revenue The FY 2013-14 Adopted Budget of $49.40 million is increased by $10.16 million to a revised total of $59.55 million. The increase is due to Florida Statutes Chapter 175 and 185 revenues that are regularly recognized in the Fire -Rescue and Police Departments at the end of the fiscal year. Adjustments to the General Fund Expenditures by Department Solid Waste The FY 2013-14 Adopted Budget of $28.52 million is increased by $29,300 to a revised total of $28.55 million. The increase is primarily due to higher than expected cost of Tipping Fees. The residential solid waste generation increased by 1,550 tons due to increased economic activity along with an additional 9,000 tons of clean yard trash tonnage. Fire The FY 2013-14 Adopted Budget of $103.18 million is increased by $5.36 million, to a revised total of $108.54 million. The increase is primarily due to the posting of the pass -through re►ated to the transfer of State Secondary Pension contribution (F.S. Chapter 175) in the amount of $5.14 million, and partially due to the accrual of unbudgeted Emergency Medical Services (EMS) Revenue Sharing in the amount of $1.22 million. Police The FY 2013-14 Adopted Budget of $168.60 million is being increased by $5.69 million, to a revised total of $174.29 million. The increase is needed to reflect the pass -through posting of a $5.02 million expense related to the transfer of State Secondary Pension contribution (F.S. Chapter 185). This transaction is neutral to the City's finances because the revenue received offsets this expenditure. Additionally, the Department's budget was overspent by $674,200 primarily due to Overtime costs that exceeded savings in other operating line -items. Non -Departmental Expenses The Non -Departmental portion of the City's Budget did not need to be amended as it was not exceeded; instead, $924,000 of unused allocation in the Non -Departmental budget was removed to offset the increases in other areas noted above. OM B15001 Honorable Mayor and Members of the City Commission Page 3 of 4 Debt Service Fund Amendment The FY 2013-14 Adopted Budget of $77.64 million is increased by $25.15 million to a revised total Debt Service Fund Budget of $102.79 million. The increase is due the issuance of special obligation bond series 2014, series 2002A bond and series 2002C bond ($23.21 million) by Resolution #14-0299 dated July 24, 2014 in order to obtain interest savings, and adjustment in the amount of $1.94 million by Resolution #14-0157 related to the remaining original issue proceeds of the Sunshine State Loans as debt service interest payments. Adjustments to Special Revenue Funds Adjustments in the Special Revenue Funds are normally requested due to the acceptance of additional grants and the receipt of new program revenues that were not previously allocated as part of the mid- year budget adopted by the City Commission. The Special Revenue Fund Budget that was initially approved by the City Commission in September of 2013 and amended in April of 2014 totaled $171.61 million. This Budget Amendment adds $7.04 million for a revised total Special Revenue Fund Budget of $178.66 million. The budget changes (Attachment 2) are further described below. General Special Revenue The FY 2013-14 Adopted Budget of $841,500 is increased by $62,200 to a revised total of $903,700. The increase is due to the acceptance of the Florida Department of Transportation grant for the Overtown/Health District after the April 2014 Mid -Year Amendment per Resolution #14-0033. Fire Rescue Services The FY 2013-14 Adopted Budget of $27.71 million is increased by $5.22 million to a revised total of $32.93 million. The increase is due to the acceptance of the Urban Areas and Security Initiatives (UASI) 2013 grant per Resolution #14-0011 Neighborhood Enhancement Teams - Homeless Programs The FY 2013-14 Adopted Budget of $2.20 million is increased by $323,000 to a revised total of $2.53 million. The increase is due to the acceptance of the Miami -Dade County Homeless Trust Hotel/Motel feeding grant per Resolution #12-00879. O M B15001 Honorable Mayor and Members of the City Commission Page 4 of 4 Parks and Recreation Services The FY 2013-14 Adopted Budget of $4.05 million is increased by $130,000 to a revised total of $4.18 million. The increase is due to the acceptance of Summer Food Service Program grant per Resolution #14-0136 Police Services The FY 2013-14 Adopted Budget of $21.99 million is increased by $288,500 to a revised total of $22.28 million. The increase is due to the acceptance of the Operation Task Force "US Marshalls" per Resolution #14-0037 ($91,200), Miami DUI Checkpoint and Saturation Patrol Overtime Project per Resolution #14-0075 ($120,000) Investigative Cost Recovery Fund ($5,000), and E-Citation Project per Resolution #14-0272 ($72,000). Public Works Services The FY 2013-14 Adopted Budget of $2.23 million is increased by $536,400 to a revised total of $2.77 million. The increase is due to the allocation of program revenue related to development in downtown core as per Resolution #13-0407. Departmental Improvement Initiatives The FY 2013-14 Adopted Budget of $4.79 million is increased by $477,400 to a revised total of $5.27 million. The increase is due to the acceptance of the Summer Youth Employment Program per Resolution #14-0179 ($395,200), Neighborhood and Business Sustainability Challenge per Resolution #14-0168 ($75,000), and 21st Community Learning Center ($7,200) grants. OMB15001 FY 2014 Close Out ATTACHMENT 1 Amended Budget Year to Date Actual Year to Date Variance Section 175/185 Impact Amending Allocation Final Budget Revenues: Property Tax 225,733,400 215,971,381.92 9,762,018 225,733,400 Franchise Fees and Other Taxes 99,587,900 106,681,970.81 (7,094,071) 99,587,900 Occupational Licenses and Permits 44,156,500 60,863,903.51 (16,707,404) 44156 500 Fines and Forfeitures 4,019,200 11,406,852.38 (7,387,652) 6,850,000 10,869,200 Intergovernmental 49,397,200 60,982,329.10 (11,585,129) 10,156,700 59,553,900 Charges for Services 93,314,300 93,073,021.99 241,278 93,314,300 Interest 1,000,000 3,740,131.57 (2,740,132) 1000 000 Other 13,608,300 4,620,259.12 8,988,041 (6,850,000) 6,758,300 Transfer In 11,766,000 12,279,144.80 (513,145) 11,766,000 Total Revenues 542,582,800 569,618,995.20 (27,036,195) 10,156,700 - 552,739,500 Expenditures: General Government Mayor 957,200 890,274.47 66,926 957,200 Board of Commissioners 2,489,100 2,426,953.54 62,146 2,489,100 Office of City Manager 2,924,700 2,704,191.75 220,508 2,924,700 Agenda Coordination - - - Office of NET 3,376,000 3,187,338.31 188,662 3,376,000 Office of Code Compliance 4,533,700 4,284,894.59 248,805 4,533,700 Office of City Clerk 1,508,500 1,394,149.98 114,350 1,508,500 Office of Civil Service 370,900 335,674.73 35,225 370,900 Office of Auditor General 1,078,200 984,418.74 93,781 1,078,200 Office of Communications 1,060,100 1,048,951.22 11,149 1,060,100 Office of City Attorney 6,393,900 6,154,679.39 239,221 6,393,900 Office of Equal Opportunity & Diversity 329,400 253,753.02 75,647 329,400 Office of Film and Entertainment - - Management & Budget 1,823,600 1,751,461.30 72,139 1,823,600 Human Resources 3,749,400 3,283,471.96 465,928 3,749,400 Finance 8,010,800 7,264,961.57 745,838 8,010,800 Capital Improvement Administration 5,121,100 4,804,900.73 316,199 5,121,100 Information Technology 8,544,100 8,373,271.87 170,828 8,544,100 Office of Grants Administration 931,100 921,760.92 9,339 931,100 FY 2014 Close Out ATTACHMENT 1 Amended Budget Year to Date Actual Year to Date Variance Section 175/185 Impact Amending Allocation Final Budget Procurement 1,567,000 1,511,494.64 55,505 1,567,000 Total General Government 54,768,800 51,576,602.73 3,192,197 - 54,768,800 Planning and Development Building 9,282,500 8,624,231.55 658,268 9,282,500 Planning & Zoning 5,964,600 5,370,405.63 594,194 5,964,600 Total Planning and Development 15,247,100 13,994,637.18 1,252,463 - 15,247,100 Public Works General Service Administration 21,114,200 21,045,011.54 69,188 21,114,200 Public Works 16,351,400 15,764,329.49 587,071 16,351,400 Solid Waste 28,519,800 28,549,094.83 (29,295) 29,300 28,549,100 Total Public Works 65,985,400 65,358,435.86 626,964 29,300 66,014,700 Public Safety Fire 103,181,900 108,543,429.22 (5,361,529) 5,141,100 220,500 108,543,500 Police 168,598,800 174,288,505.61 (5,689,706) 5,015,600 674,200 174,288,600 Total Public Safety 271,780,700 282,831,934.83 (11,051,235) 10,156,700 894,700 282,832,100 Other Public Facilities 6,465,400 5,764,099.60 701,300 6,465,400 Parks and Recreation 29,507,100 28,681,775.27 825,325 29,507,100 Risk Management 12,964,200 11,395,414.96 1,568,785 12,964,200 Total Other 48,936,700 45,841,289.83 3,095,410 - Non -Departmental Non -Departmental 27,126,000 23,290,378.42 3,835,622 (924,000) 26,202,000 Operating transfers out 58,738,100 58,284,523.95 453,576 58,738,100_ Total Non -Departmental 85,864,100 81,574,902.37 4,289,198 - (924,000) 84,940,100 Total Expenditures 542,582,800 541,177,803 1,404,997 10,156,700 - — Revenues Over (Under) Expenditures - 28,441,192.40 (28,441,192) - - 552,739,500 ATTACHMENT 2 Special Revenue Adjustments SPECIAL REVENUE FUNDS Amended Budget Adjustments Final - Close Out General Special Revenue $ 841,500 $ 62,200 $ 903,700 City Clerk Services 663,300 663,300 Community and Economic Development 57,950,200 57,950,200 Economic Development and Planning Services 7,451,600 7,451,600 Fire Rescue Services 27,705,700 5,225,000 32,930,700 Homeless Programs 2,204,400 323,000 2,527,400 Law Enforcement Trust Fund 3,248,500 3,248,500 Parks and Recreation Services 4,049,700 130,000 4,179,700 Police Services 21,988,000 288,200 22,276,200 Public Facilities 10,767,500 - 10,767,500 Miami Ballpark Facilities 5,497,000 5,497,000 Public Works Services 2,229,000 536,400 2,765,400 Transportation & Transit 17,280,800 17,280,800 Net/Code Enforcement 2,762,100 2,762,100 Departmental Improvement Initiatives 4,788,500 477,400 5,265,900 Solid Waste - Recycling Education Trust Fund 1,259,000 1,259,000 ARRA Other 123,300 - 123,300 ARRA Police 704,100 704,100 Emergency Fund 100,000 100,000 TOTAL SPECIAL REVENUE FUND $ 171,614,200 $ 7,042,200 $ 178,656,400