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HomeMy WebLinkAboutResolution No 16-0394 - MinutesCity of Miami City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Meeting Minutes Tuesday, September 6, 2016 5:05 PM First Budget Hearing City Hall Commission Chambers City Commission Tomas Regalado, Mayor Keon Hardemon, Chair Ken Russell, Vice Chair Wifredo (Willy) Gort, Commissioner District One Frank Carollo, Commissioner District Three Francis Suarez, Commissioner District Four Daniel J. Alfonso, City Manager Victoria Mendez, City Attorney Todd B. Hannon, City Clerk City Commission Meeting Minutes September 6, 2016 BH.15 16-01135 Miami Sports & Exhibition Authority RESOLUTION A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE MIAMI SPORTS AND EXHIBITION AUTHORITY ("MSEA"), ATTACHED AND INCORPORATED, IN THE AMOUNT OF $150,538.00, TO PROVIDE FOR THE OPERATIONS AND CAPITAL EXPENDITURES OF MSEA, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2016 AND ENDING SEPTEMBER 30, 2017. Motion by Commissioner Suarez, seconded by Commissioner Carollo, that this matter be ADOPTED WITH MODIFICATIONS PASSED by the following vote. Votes: Ayes: 5 - Commissioner(s) Gort, Russell, Carollo, Suarez and Hardemon R-16-0394 Chair Hardemon: BH.15. Lourdes Blanco: Good evening, Commissioners. My name is Lourdes Blanco, executive director, Miami Sports & Exhibition Authority. And I am here requesting that you approve the Miami Sports & Exhibition Authority operating budget for fiscal year 2016-2017 as presented to you. Commissioner Suarez: Move it. Chair Hardemon: It's been properly moved and -- Commissioner Carollo: Second. Discussion. Chair Hardemon: -- seconded. You're recognized for discussion. Commissioner Carollo: Thank you, Mr. Chairman. My question is, why does she have the reserves in revenues if she doesn't have the expenditures? In other words, she has moved the amounts as revenue, but she's not showing how she's going to expense those amount. Ms. Blanco: It's a wrong wording in the line, sorry. It was from the previous executive director. Commissioner Carollo: Right, but you could leave it in reserves. You don't really need to show it as a revenue, if you're not going to show an expense for it. Ms. Blanco: No, no, I understand. These are the funds that we have in that account to give the grants. This is where we get the expenses, and this is where we put the monies. Commissioner Carollo: Give me a second, Ms. Blanco. Mr. Rose, will you help her? Christopher Rose (Director, Office of Management & Budget): If may have a moment? Commissioner, it's just rollover from prior years up on the third line up there, and they don't have a reserve built into the budget in fiscal year '16/'17, so it's just showing what the reser -- what the rollover from prior years would be. Commissioner Carollo: Can you show it as a reserves -- there is -- in other words, because you have -- what is it? -- 440,000 in revenues; yet, you only have 100, 000 in expenses, so you're going to have 300 and some thousand of what? Will you show that? City of Miami Paget Printed on 12/29/2016 City Commission Meeting Minutes September 6, 2016 Mr. Rose: So what you're suggesting is a balanced budget. We could just have 107 up at the top in revenues -- Commissioner Carollo: Right. Mr. Rose: -- to match the 107. Commissioner Gort: Rollover. Commissioner Carollo: Which you won't -- you still won't, because I believe the amounts from Chalks and Watson will actually be more than the 107, so you still won't have a balanced budget; but yes, I'm asking, in essence, can you have a balanced budget? Mr. Rose: If you could -- Commissioner Carollo: Ms. Blanco, by the way, it's nothing that you've done wrong. Ms. Blanco: No, no. Commissioner Carollo: Just relax. It's just -- we just want to make sure we get into proper accounting -- Ms. Blanco: I understand. Commissioner Carollo: -- procedures and -- Ms. Blanco: Yeah. Commissioner Carollo: -- the way you show it. Mr. Rose: Commissioner, ifI may, if you would give us five minutes, we'll make a quick change and come right back to you. Is that all right? Commissioner Carollo: Yeah. Mr. Rose: Is that all right, Mr. Chair? Chair Hardemon: That's fine. Thank you very much. Mr. Rose: Thank you. Commissioner Carollo: Thank you. Later... Chair Hardemon: BH.15. Can we tackle her? Mr. Rose: Good evening, Commissioners. Chris Rose, Office of Management & Budget. Ms. Blanco and I have gone over the MSEA (Miami Sports & Exhibition Authority) budget, and we'd like to offer the following changes, if they're acceptable to you: We would take off the third line of revenues, thereby reducing the MSEA budget by 294, 000, and taking only the new revenues, which are lines one and two. Those two together total 150,538. And to balance the expenditures then to bring it up to 150, 538, we would need to add a line reserve of 42, 730. That would present a balanced budget at that point, Commissioners. City of Miami Page 3 Printed on 12/29/2016 City Commission Meeting Minutes September 6, 2016 Commissioner Carollo: Thank you, Mr. Chairman. I'm sorry, Mr. Chairman. Chair Hardemon: Yeah, you're recognized. Commissioner Carollo: Thank you, Mr. Rose. Yeah. And that's why I wanted to have a -- make sure there was a balanced budget, Ms. Blanco. Ms. Blanco: Thank you. Commissioner Carollo: So I'm glad Mr. Rose was able to help you out. And just to -- for the record, that reserve of 42 -- I forgot what the amount is -- it's intended to go as a carryover into the reserves, correct? It's not intended to be used. Chair Hardemon: All right Commissioner Gort: Move it. Commissioner Carollo: Could you just say it? Yeah. Ms. Blanco: Yeah. Commissioner Carollo: Second. Chair Hardemon: All right, there was a previous motion and a second that was on the floor, so I just wanted the motion to be clear that it is as -- the budget is as amended correct? Mr. Alfonso: Yes. Commissioner Carollo: As amended on the floor. Chair Hardemon: Correct. Any further discussion? Seeing none, all in favor, say aye." The Commission (Collectively): Aye. Chair Hardemon: Against? Commissioner Gort: Let me give you some news. Chair Hardemon: Motion passes. Commissioner Gort: I don't know if you're aware; the PGA (Professional Golf Association) Latino, which is the best 60 golfers, is going to be at Melreese in -- excuse me -- from November 20 -- November 28 through December 7. So they're going to be playing here, the 60 best golfers from South and Central America, and we have the contract for the next three years. Ms. Blanco: Thank you. City of Miami Page 4 Printed on 12/29/2016