HomeMy WebLinkAboutBack-Up from Law DeptSec. 2-1257. - Annual budget; source of funds.
(a) Upon the effective date of the enactment of the ordinance from which this division derives, the BID
board shall establish a fiscal year which coincides with that of the city. Within 60 days following the
effective date of the enactment of the ordinance from which this division derives, the BID board shall
submit to the city commission, in a form acceptable to the city manager, a BID board budget for
adoption and ratification by the city commission. Commencing with fiscal year 2009-2010, consistent
with the city's budget process, the BID board shall submit to the city manager, a BID board budget
request pertaining to management, operation and maintenance expenditures and delineating the
financial responsibility of the city for certain categories including but not limited to: insurance, security,
utilities and maintenance to be approved by the city commission. Nothing contained herein shall be
construed to prohibit the BID board from submitting a supplemental budget to the city commission for
approval.
(b) No expenditure shall be made in any given year without approval by the city commission of the BID
board budget for that year and all expenditure shall comply with city procedures for acquisition of
goods and services.
(c) In conjunction with the submission of the budget, the BID board shall submit a plan reflecting the
proposed operations, activities, improvements, and maintenance plans for the forthcoming fiscal year.
The city commission may review and deny any item contained in the plan within 30 days from the date
of its submission by the BID board.
(d) No provision contained in this division shall be construed to violate the Anti -Deficiency Act, as set forth
in sections 18-500-18-503.
(e) The operations of the BID board shall be principally financed from the following sources and such other
sources as may be approved by the city commission:
(1) Contributions, gifts, and/or donations to the BID board for the performance of its functions.
(2) Proceeds of a special assessment as authorized by Resolution 08-0455, adopted July 24, 2008,
and later confirmed in Resolution #09-0076, adopted on February 12, 2009.
(3) Parking waiver fees as authorized by section 35-224.
(4) Parking surcharge fees as authorized by section 35-342.
(5) Sidewalk cafe fees as authorized by section 54-223.
(6) Event supplemental fees as authorized by section 54-343.
(7) Banner fees as authorized by section 54-344.
(8) Grant proceeds.
(Ord. No. 13059, § 2, 3-12-09)
Page 1