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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #2666 Date: 07/24/2017 Commission Meeting Date: 09/19/2017 Requesting Department: Off -Street Parking Board/Miami Parking Authority Sponsored By: District Impacted: All Type: Resolution Subject: Approve Annual Budget FY '18 - Dept 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, 2017 and ending September 30, 2018 in the amount of $17,595,461 excluding depreciation, and other non -operating expenses of $13,731,487. Background of Item: N/A Budget Impact Analysis Item is Related to Revenue Total Fiscal Impact: $ 7,200,000.00 (revenue) 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 Office of the City Attorney City Commission City Commission Office of the Mayor Office of the City Clerk Reviewed B Arthur Noriega Department Head 07/26/2017 11:42 AM Adine Cordero Budget Analyst Review Completed Christopher M Rose Budget Review Completed Nzeribe Ihekwaba Assistant City Manager Review Completed Fernando Casamayor City Manager Review Completed Marta Gomez Legislative Division Review Completed Xavier Alban ACA Review Completed Barnaby L. Min Deputy City Attorney Review Completed Victoria Mendez Approved Form and Correctness Completed Nicole Ewan Meeting Completed Nicole Ewan Meeting Completed Mayor's Office Signed by the Mayor Completed City Clerk's Office Signed and Attested by the City Clerk Completed 07/26/2017 5:34 PM 08/14/2017 9:52 AM 08/14/2017 10:45 PM 08/16/2017 4:00 PM 08/16/2017 7:45 PM 08/17/2017 5:21 PM 08/21/2017 2:35 PM 08/21/2017 4:34 PM 09/14/2017 5:05 PM 09/19/2017 5:05 PM 09/20/2017 4:12 PM 09/20/2017 4:13 PM City of Miami Legislation Resolution Enactment Number: R-17-0430 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 2666 Final Action Date:9/19/2017 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE DEPARTMENT OF OFF STREET PARKING, ATTACHED AND INCORPORATED, IN THE OPERATING AMOUNT OF $17,595,461.00, EXCLUDING DEPRECIATION, AND OTHER NON - OPERATING EXPENSES OF $13,731,487.00, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018. 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 budget for Fiscal Year 2017-2018 on July 12, 2017; and WHEREAS, the DOSP requests the approval of the attached proposed budget for the Fiscal Year commencing October 1, 2017 and ending September 30, 2018, in the operating budget amount of $17,595,461.00, excluding depreciation, and other non -operating expenses of $13,731,487.00; 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. The DOSP's Fiscal Year 2017-2018 budget, attached and incorporated, for the Fiscal Year commencing October 1, 2017 and ending September 30, 2018, in the operating amount of $17,595,461.00, excluding depreciation, and other non -operating expenses of $13,731,487.00, is approved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: ndez, City Attor ey 8/2172017 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.