HomeMy WebLinkAboutMiami Sports and Exhibitions AuthorityCITY OF MIAMI
OFFICE OF THE MAYOR
MEMORANDUM
TO: Emilio Gonzalez, City Manager
FROM: Francis Suarez, Mayor/Chairman of the Miami Sports and Exhibition Authority
—/t
DATE: June 15, 2018
RE: The Miami Sports and Exhibition Authority Fiscal Year 2016/17 Annual Report
i
Enclosed please find a copy of the Miami Sports and Exhibition Authority ("Authority") Fiscal Year
2016/17 Annual Report ("Report"), as approved by the governing body of the Authority on May 31, 2018.
I am submitting the Report pursuant to the requirements of Section 2-890, of the Code of the City of
Miami, Florida; however, please note that the Report addresses actions of the Authority prior to my
tenure as its current Chairman.
Enclosure
sports & exhibition author
y
THE MIAMI SPORTS AN EXHIBITION AUTHORITY ANNUAL REPORT FOR FISCAL YEAR 2016/17
1. Is the Board serving the purpose for which it was created?
The Miami Sports and Exhibition Authority ("Authority") was established as an independent and autonomous
agency and instrumentality of the City of Miami ("City") pursuant to Ordinance No. 9662, adopted July 28, 1983, in
connection with former Florida Statute Section 212.057 (1983) (now repealed and superseded by Florida Statute
Section 212.0305 [Convention Development Taxes]), to promote sports, conventions, and exhibitions and to strive
to generate community support to achieve this purpose. That being said, there are ongoing discussions as to
whether the Authority should be abolished, continued, consolidated or modified.
2. Is the Board serving current community needs?
The Authority promotes and sponsors events within the City, including socially driven art, culture and sports
exhibitions. It also continues oversight of its three (3) tenants the Children's Museum, the Chalks Airlines -Miami
Sea Plane Base, and the Watson Island Heliport.
3. List of the Board's major accomplishments.
During the 2016/17 Fiscal Year, the Authority awarded the following grants:
• WDNA 88.9 FM ($10,000.00) Inaugural Miami Downtown Jazz Festival held in Downtown Miami on February
24-25, 2017;
• Olympia Center Inc. ($20,000.00) Sponsorship for the "In the Lobby Lounge" series;
> Erik Lamelas ($5,000.00) Sponsorship of Erik Lamelas, as part of the United States Karate team, at the PKF Pan
American Championship, in Buenos Aires, Argentina;
• Hispanicize Media Group LLC ($15,000.00) Hispanicize 2017 Week, held April 3-6, 2017, was an event for Latino
trendsetters and newsmakers in digital content creation, journalism, marketing, entertainment and tech
entrepreneurship; and
• Miami Int'I Jazz Festival ($7,500.00) International Jazz Festival held at the Epic Hotel, Manuel Artime Theater,
and Florida International University on April 27-29, 2017.
4. Are there any other board, either public or private, which would better serve the function of the Board?
No, because, as stated above, the Authority is unique in that it was established in connection with former Florida
Statute Section 212.057 (1983) (now repealed and superseded by Florida Statute Section 212.0305 [Convention
Development Taxes]).
5. Should the ordinance creating the Board be amended to better enable the Board to serve the purpose for which
it was created?
There are no amendments required at this time. However, as stated above, there are ongoing discussions as to
whether the Authority should be abolished, continued, consolidated or modified.
6. Should the board's membership requirements be modified?
No modifications are needed at this time, as membership requirements were recently changed pursuant to
Ordinance No. 13628.
7. What is the cost, both direct and indirect, of maintaining the board?
Attached please find both the Fiscal Year 16/17 and Fiscal Year 17/18 annual budgets for the Authority, approved
and adopted by the Miami City Commission pursuant to Resolutions 17-0024 and 17-0431, respectively.
AGENDA ITEM SUMMARY FORM
File ID: #1494
Date: 12/09/2016
Commission Meeting Date: 01/12/2017
Type: Resolution
Subject: Amend Budget - MSEA
Purpose of Item:
Requesting Department: Miami Sports and
Exhibition Authority
District Impacted:
Approval of an amendment to the Miami Sports and Exhibition Authority ("MSEA")
Budget for FY 2016-17, as approved by the MSEA Board of Directors on August 2,
2016, and by Resolution of the Miami City Commission on September 6, 2016.
Background Information:
The Miami Sports and Exhibition Authority ("MSEA") was established as an
independent and autonomous agency and instrumentality of the City of Miami ("City")
pursuant to City Commission Ordinance No. 9662, adopted July 28, 1983, in connection
with former F.S. Section 212.057 (1983) (now repealed and superseded by F.S.
212.0305 (Convention Development Taxes)), to promote sports, conventions and
exhibitions and to strive to generate community support to achieve this purpose. The
amendment recognizes $294,000 of prior year rollover and authorizes additional
expenditures in the same amount for grants for sport and exhibition events in the City.
Budget Impact Analysis
Item is Related to Revenue
Item is an Expenditure
Item is NOT funded by Homeland Defense/Neighborhood Improvement Bonds
Total Fiscal Impact:
Reviewed By
Miami Sports and Exhibition Authority
Office of Management and Budget Domingo Echevarria
Office of Management and Budget Christopher M Rose
City Manager's Office Daniel J. Alfonso
Legislative Division Valentin J Alvarez
Office of the CA)/ Attorney Barnaby L. Min
Office of the City Attorney Victoria Mendez
City Commission Todd B. Hannon
Lourdes Blanco
Review Pending
Budget Analyst Review
City Manager Review
Legislative Division Review
Deputy City Attorney Review
Approved Form and Correctness
Meeting
Initial Review
Completed
Completed
Completed
Completed
Completed
Completed
Pending
Completed
12/19/2016 2:55 PM
12/19/2016 4:13 PM
12/21 /2016 6:05 AM
12/30/2016 2:04 PM
12/30/2016 2:25 PM
01/03/2017 11:30 AM
01/12/2017 9:00 AM
11,
aY— pl
* IUUirs *
0 g v
City of Miami
Legislation
Resolution
City Hall
3500 Pan American Drive
Miami, FL 33133
www,miamigov.com
File Number: 1494 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE AMENDED BUDGET OF THE MIAMI SPORTS AND EXHIBITION
AUTHORITY ("MSEA"), ATTACHED AND INCORPORATED, IN THE AMOUNT OF
FOUR HUNDRED FORTY-FOUR THOUSAND FIVE HUNDRED THIRTY-EIGHT
DOLLARS ($444,538.00) TO PROVIDE FOR THE OPERATIONS AND CAPITAL
EXPENDITURES OF MSEA FOR THE FISCAL YEAR COMMENCING OCTOBER 1,
2016 AND ENDING SEPTEMBER 30, 2017.
WHEREAS, the Miami Sports and Exhibition Authority ("MSEA") was established as an
independent and autonomous agency and instrumentality of the City of Miami ("City") pursuant
to City Commission Ordinance No. 9662, adopted July 28, 1983, in connection with former F.S.
Section 212.057 (1983) (now repealed and superseded by F.S. 212.0305 [Convention
Development Taxes]), to promote sports, conventions and exhibitions and to strive to generate
community support to achieve this purpose; and
WHEREAS, Section 2-1020 of the Code of the City of Miami, Florida, as amended ("City
Code"), provides that MSEA shall submit its annual budget for its operations and capital
expenditures to the City Commission for approval; and
WHEREAS, pursuant to Section 2-1017 of the City Code, MSEA shall, to the greatest
extent it determines to be feasible, implement the exercise of its powers in a manner which
utilizes and encourages the fullest and most active participation and cooperation of private
enterprise; and
WHEREAS, Section 2-1012 of the City Code states that MSEA shall promote sports,
conventions, and exhibitions to the greatest extent feasible, and that MSEA shall strive to
generate and further community support to achieve this purpose; and
WHEREAS, pursuant to Resolution No. 16-0394, adopted on September 6, 2016,
attached and incorporated as "Composite Exhibit A", the City Commission approved and
adopted the proposed MSEA annual budget for the fiscal year commencing October 1, 2016
and ending September 30, 2017 ("Fiscal Year 2016-2017") in the amount of One Hundred Fifty
Thousand Five Hundred Thirty -Eight Dollars ($150,538.00) ("Original Annual Budget"); and
WHEREAS, subsequent to its September 6, 2016 Original Annual Budget approval,
MSEA has been requested to provide community support grants in accordance with its
purposes and MSEA has available Two Hundred Ninety -Four Thousand Dollars ($294,000.00)
of unrestricted reserved rollover funds; and
WHEREAS, Section 2-1020 of the City Code also provides for MSEA to return to the
City Commission for approval of supplements to the Original Annual Budget, as requested in
"Exhibit B", attached and incorporated; and
Page 2 of 3
WHEREAS, MSEA wishes to increase its Fiscal Year 2016-2017 annual budget to
account for the additional community support grants for a total amount of Four Hundred Forty -
Four Thousand Five Hundred Thirty -Eight Dollars ($444,538.00);
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 MSEA Original Annual Budget supplemented and amended in the
amount of Two Hundred Ninety -Four Thousand Dollars ($294,000.00) for a total Supplemental
Budget of Four Hundred Forty -Four Thousand Five Hundred Thirty -Eight Dollars ($444,538.00)
attached and incorporated as "Exhibit B", for the operations and capital expenditures of MSEA,
for Fiscal Year 2016-2017, 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:
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.
Page 3 of 3
Cwt} 4vvit c,.\.c x4, ,\ R
,sI r .stfo *
1
r) K
City of Miami
Legislation
Resolution: R-16-0394
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-01135 Final Action Date:9/6/2016
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.
WHEREAS, the Miami Sports and Exhibition Authority ("MSEA") was established as an
independent and autonomous agency and instrumentality of the City of Miami ("City") pursuant to City
Commission Ordinance No. 9662, adopted July 28, 1983, in connection with former Florida Statute
Section 212.057 (1983) (now repealed and superseded by Florida Statute Section 212.0305
[Convention Development Taxes]), to promote sports, conventions and exhibitions and to strive to
generate community support to achieve this purpose; and
WHEREAS, Section 2-1020 of the Code of the City of Miami, Florida, as amended ("City
Code"), provides that MSEA shall submit its annual budget for its operations and capital expenditures
to the City Commission for approval; and
WHEREAS, pursuant to Section 2-1017 of the City Code, MSEA shall, to the greatest extent it
determines to be feasible, implement the exercise of its powers in a manner which utilizes and
encourages the fullest and most active participation and cooperation of private enterprise; and
WHEREAS, the MSEA Board of Directors reviewed and approved its budget for Fiscal Year
2015-2016 on August 2, 2016; and
WHEREAS, the MSEA Board of Directors requests City Commission approval of the budget for
the Fiscal Year commencing October 1, 2016 and ending September 30, 2017, in the amount of
$150,538.00;
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 MSEA annual budget, attached and incorporated, in the amount of
$150,538.00, for the operations and capital expenditures of MSEA, for the Fiscal Year commencing
October 1, 2016 and ending September 30, 2017, is approved and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor. {1}
City of Miami Page 1 of 2 File Id: 16-01135 (Version: 2) Printed On: 12/30/2016
File Number: 16-01135 Enactment Number: R-16-0394
Foo tno tes
(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.
City of Miami
Page 2 of 2 File Id: 16-01135 (14:rsiorr: 2) Printed On: 12/30/2016
City of Miami
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
* 11c1tE.1Tt *
d- lirEE
r.)
Meeting Minutes
Tuesday, September 6, 2016
5:05 PM
First Budget Hearing
City Hall Commission Chambers
City Commission
Tomas Regaledo, Mayor
Keon Hardemon, Chair
Ken Russell, Vice Chair
Wifredo (Willy) Gorf, 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 Caroflo,
ADOPTED WITH MODIFICATIONS PASSED by the following vote.
Votes_ A)es: 5 - Commissioner(s) Gort, Russell. Corolla, Suarez and .Hardemon.
R-16-0394
Chair Hardemon: 81Y.11
hat this matter be
Lourdes Blanco: Good evening, Commissioners, illy name is Lourdes Blanco, executive
director, Miami Sports & Exhibition Authority. And 1 am here requesting that you approve the
Miami Sports & Exhibition Authority operating budget for fiscal year 2016-2017 as presented to
you,
Conunissioner Suarez.: :Move
Chair Hardemon: It's been properly moved and —
Commissioner Corolla: 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 ifshe 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 Corolla: Right, but you could leave it in reserves. Thu don't really need to show
it as a revenue, f 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?
Christoplter Rose (Director, Office of Management & Budget): 1)7 may have o moment?
Commissioner, it's Just rollover front 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 frown prior years would be.
Commissioner Corolla: Canyon show it as a reserves -- there is — in other words, because you
have -- what is it? — 440,000 in revenues: yet, you onh' have 100,000 in expenses, so you're
going to have 300 and some thousand of what? Wil1 you .show that?
City of,yurrr i
Paler 2 Primed' 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 al the top
in revenues —
Commissioner Condit): Right.
Rose: to match the 107.
Commissioner Gort: Rollover.,
Commissioner Carollo: Which you won't — you still won't. because 1 believe the amounts fi.00r
Chalks and Watson will actually be more than the 107, so you still won't have a balanced budget;
hut 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 yvu've done wrong,
Ms. Blanco: Aro, no.
Commissioner Carollo: Just relax. It's just — we just want to make sure we get into proper
accounting --
Ms. Rianco: understand,
Commissioner Camila: -- procedures and --
Ms. Blanco: Yeah.
Commissioner Carollo: — the way you show it.
Mr Rose: Commissioner, if I 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 Corolla: Yeah.
iVir. Rose: Is that all right, IVIr Chair?
Chair Hardman: That's fine. Thank yon very muck
Mr. Rose: Thankyou.
Commissioner Corolla: Thank you,
Later..
Chair Hardemon: BH.1.5. Can we tackle her?
Mr. Rose: Good evening, Commissioners. Chris Rose, Office of Management & Budget. Ms.
Blanco and (have gone over the il4SEA (Miami Sports & Exhibition Authority) budget, and we'd
like to offer the following changes. if they're acceptable to von: We would take off the third line
of revenues. thereby reducing the MYE.4 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 1.50,138, we would need to add a line reserve of 42,730. That would
present a balanced budget at that point, Commissioners.
Citi, of:L-11,1mi rage 3 Prinr& on 12 29 21916
City Commission
Meeting Minutes September 6, 2016
Commissioner Carona: Thank you. Mr. Chairman. Pm sorry, Mr. Chairman.
Chair Hardemon: Yeah, you're rscogniced.
Commissioner Carona: Than you, ;1/r•. Rose. Yeah. And that's why I wanted to have a -- make
sure there was a balanced budget, Ms. Blanco.
Ms. Blanca: Thank von.
Corrrrrar`sskmer Carona: So Pm glad {Glr. Rase was able to help you out. Arad just to —Jar the
record, that reserve of 42 — (Pilot got what the amount is -- it's intended to go as a carryover iota
the reserves, correct? It's not intended to be used.
Chair Hardemon: All right
Commissioner Gort: More it.
Commissioner Carollo: Could you just say it? leak
Ms. Blanco: Yeah.
Commissioner Carona: Second.
Chair Hardman: All right, there was a previous motion and a second that was on the floor, so I
just wanted the motion to he clear that it is as -- the budget is as amended, correct.'
Alfonso: Yes.
Commissioner Corolla: As amended on the floor.
Chair Hardemon: Correct. Anyfurther discussion? Seeing none. all in favor, say dye."
The Commission (Collectively): Ave,
Chair Hardemon: Against?
Commissioner Gart: Let me give you some news.
Chair Hardemon: Motion passes.
Commissioner Gore: 1 don't know rfyou're cnvare; the PGA (Professional Golf Association)
Latino, which is the best 60 golfers, is going to be at tWetr eese in -- excuse me --Jivm November
20 — A'oventher 28 through December 7. So they're going to be playing here, the 60 best gofers
from South trod Central Americo, and we have the contract for the next three years_
Ms. Blanco: Thank von.
City of.ktweii P r Print& rn 12 29 21116
THIS DOCUMENT 15 A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE
SEEN AT THE END OF THIS DOCUMENT.
MIAMI SPORTS AND EXHIBITION AUTHORITY
City of Itifinnli
FY 2011-13 arena]
FY 7013-54 Actual
FY 1014-16 Annat
fY I015 16 Du el
FY 2015-16 Reelection
FY 2016-17 P/afrnsed
PIlierence
Natax
w573.00.
—_._., -__ ,..� ___-._�..�......,....
CI alk'a1 f1 i Ids 0r4 rri,. Llc
572,000
772,uun
W0is+ln Ialand 65eliiwrt 1capnsatlon
045 6tttl
576,538
+578,Se
MSFA Reserve Fun dfl4onilenrictive F. i-it
S66,00R
$0n 000
539.030
5185 ri08
IIMIIIIIIIII
IIIIIIIIIIIIMIIIIIIIIIIIIIIIIIIIIIIB
OIIIIIIIIIIIMIIIIIIIIIIIIIIII
Revenue Grand Fetal
500.5151
566,000
589,090
$d
3607,500
-150318
5150.538
;a
1lpndll urea
526 0p0
R.61r1,4r Salary and Waller
5300a
5i0,0rxi
530,300
530,003
55n.n05.
+$20,130
Fi nie Benefit;
$9,661E
;4,800
}8,Y00
$3.01i3
FICA Txsas
51,R,i6
$1,800
51, 300
53,6?5
2.525
e$2,5I5
O Urns
�11�
I0i
Li, and Health IntLYanra
,c and Hoa
55.000
:S,EKN1
55,000
SS.nao
=
W ortrers` Calmpenaulinn
Pro feLei ar,aI $eavex -1.n a1
Prafoaslanai Send res
515,(ICC
55,700
$5,0n0
iron
3630
55np
®'
III I�I�II
Accounting end Att3Wln8
$15,000
511,155(1:
$11,010
513,300
$13,303
515333
MEM
nry nl5icrx
Other Cod
Travel and er Diem
P(1
$1,300
57,fn7C
$4,200.
Cuniratinnaand Related So+rvites
53,600
S7L1R2
54,fi01
$ltlp
M.
Postage
jinn
5300
510n
5300
5S0
INERENIMINIMMINEMINIO
Utitltp
Rentals and Leases
111111111.11111111.1.111111111.1111.111.
Inhurance
515,(100
51.7,000
516,0013
SI3,00i3
$ 13.0C1.1
$8.5G0
•S-0,SaB
Prinsin and fltnding
5100
51nn
5140
5101
.500
50
Aclva7lsir.8 end Ralezad Inr#s
O{(Ice 5uapnex
5VI a
5300
Slur
52PN5
$710
52nn
Ouerutinm Supplies00
��
Meter Fuel
IMMIll
Pul10c Sa1et5 SupptietIIIIIIIIIIIIIIIIMIIIIIIIIIIIIIIMIIII
$ubx:riPtkanx Mernhershalle, arrl Ei:ensrs
52PIu
$S0tl
5500
55r70
5SQD
50
Wert end a
c,t�n
oIcc1
capitol Prolett9 and
al PuechnscY
1
All glher EMpencino-es
Sann
5100
in
$11,iMs
5.i1,1RG
111,3n
Rell•Over
Sa2;7411
r,42.730
eapendlnIre grand Tnrai
566,000
563,900
38i..000
$89,000
$89,609
5150.n511R
561,3 a
50
Re+renasrt Miml: refendinu
Printed.
16/2016 7:15 PM
\ O 1 35E) 1
i9a
�89,nn 1 5n
Pike 1 of 1
THIS DOCUMENT IS A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE
SEEN AT THE END OF THIS DOCUMENT.
IL MI S01 1`S AND EXHIBITION AUTIIOPIT`Sr''
Proposed Budget
FISCAL YEAR 2016-2017
_
Proposed
DESCRIPTION
2016-2017
Budget
IIEVENTJES
Heliport/Seaplane Ease R Rent
i','SEA Reserve Punds;Non Restrictive Funds
TOTAL REVENUE
444,538
L Payroll, Taxes and Benefits
COMPENSATION AND BENEFITS
1 Executive Director
50,: "
2 ins ranee -health, l ie, disability
5 0c
SSiStatetFedera1Taxes, Medicare
_=
Ttstat Psyroii, Taxes sand 11 ri " 1
58,8 ,:
1. Operating Expenses
5 EEus€risss Meeting Expanses
1,s0c
6 Communications and related services
100
7 : Contingencies
, 5,000
8 General Insurance &Directors Liability Insurance
. . 8,500
9 Car Allowance
8,40f4
10 M5 bershipafSubscriptior s
500
11 Off Se Supplies and Ope'ating Supplies
00
2 :War'-ou8elStarago
4,�=_
13 PI^.ot: ab e PC Allowance
3,600
`i4 Printng
1
: 15 Postage
TOTAL OPERATING EXPENSES
'9,750
III..PRO. ESSTOTVAL SERVICES
16 Audit
in,cor,
17 Sank Se v ces .,
KO
16 AccountingSep vic s :,
-8`33=
TOTAL PROFESSIONAL SERVICES
18,833
TOTAL OPERATING EXPENSES
'107,408
TV. CAPITAL 1YPEN-D(TURES
19 CIFa ,Cc EQUIPMENT PURCHASES
400
20 urnturd-& Fixtures
TOTAL CAPITAL EXPENDITURES
1 400
TO"_ L OPEIiATLNG BUDGET W/ Or1I'1 4 EX tNDITL'RLS
107,808
1FACRM shar'tace}ripRNenueover ;., pens
237,130
SU
MIAMI SPORTS AND EXHIrSITION AUTHORITY
City of 1111 irtrni
-MUTED
FY 20E3 14 hc/4 ,I
FY i'i/ ) 1 11; Art11.4
i'v 21/1S-1/••1`..4,ell
//Y YO I g-16 Pr.,
.71'7010.17 /Nor., i•,i
niffeer..nr,
fl••44/ ..or
Rotai44ii'0..itlf '•• • .., • • , .
tioikw klawiliiiir ittarin'sottlIC
'' .. J ••
tsiz...non
S.7.141f1
:k421.9oo
Maul, tiland filikart CofEoritit-
545,6on
en.538
s$724,' .
M.ILA lta 50111:: Fond/Nan. itelfrirtive Ilizatt
$Eiii,ittal
$5/5,01f1
5-14 ktiO
,;..139,son
544,
.1.,, faai
R11[4, r-,,,,i 7, / /I
1•'•41100
$66,ono
r,,,,, ono
W 11.01.7,` $444,510
•:. /44,,VIR
SO
riiii.i,jithiG/,:l'
Regultir Sallry und VI:Tits
35.flao
$1,11.ilcil
'1f1l1l,li
1
SliftlThil
Iiiiti 000
`..,(1110
.1.511lifirifi
Fringe kicirritlis
$3,E03
$.1 /101.1
tia txti
1FiztalP
,ria OM
+52.00
PICA Taxes
1,3//1/
1,300
`,;1.045
452.52.1)
fietirrenent Cantribittionc
Life and Haattii inatintoca
Ifi• ON
r•
$smni,
ss DUI)
54
Wailers' Carmainaietiati
ProfvoziarialSairviaaa- Loot
—Fritiassiolial
Sarvirag
$13,000
$5,100
$5110/.1
4G110
U0
35110
-$100
Aecallfaing and Anditin
$1S,0110
$14,000
ii4.0.111,
j10 300
$18.1141
.$10331
4533
(tt nor Contractuili Saail CMS
Travel and Pas Diary
i,3, fl
$3.600
,..1,'
Corriantirkationa and Abiuter4 5t ry if,
$3.410
S1.440
„ i oh
5100
f-5100
Poona
it
5100
t
11,1)
SVI
410
tiniey
flartrais and Letotis
Inv./mita
.^,,,Orin
a MO
1116,000
113.01:01
$13,11111
$0,S./0
-11.,500
Printing and Binillok
tit
'5100
j10/1
.$100
51410
SO
Oduartiiirsig•nd Rtiattat r....A
Klit`ito atippiats
litiliO
5300
5200
$:KX)
5/1111
52(10
'ill
_._..
Cloetairrit0.0.iilaffa
f‘ron
Molar foal
Oiiitlirtfafary siin52(01
ShhIrrotinelt, MOM ',4,,/fli1/S, and Litanses
$200
:lava
55:0
3018
5314$0
m1401'111E1 Trarofet
5400
+5,441
earilf al Projects and Piarhatas
Ail Otietr Eko.ndirit rata
;Mal
51410
5(114I
511, WO
511,100
a 11 100
443l5
Pa_iiitiel Rascfve
rapandil are Gr-fifiTatai
60100
$50,110
583.11118
$10,0[10
504,n05
suri,onn
pa,goa
to
[F81,4,41.10% rxponflitii
r/i4et• VPIMU 9:16 Aril
SU 1.7,151}
• qattit100
$3561750,1 547s,75uf$0
Pool_ af 1
7 U B TITUTE D
NELANIi SPORTS AND EXTllBI i IO N ALJT7-TORITY
Proposed Budget
FISCAL YEAR 2016-2017
DESCRIPTION
Proposed
2016-2017
Budget
REVENUES
Heliport/Seaplane Base R Rent
1
MSEA Reserve Funds!Nan Restrictive Funds
TOTAL REVENUE
444,5
I. Payroll., Taxes Sind Benefits
COMPENSATION AND BENEFITS
1 Executive D1 sctor
so,occ
2 InSurcance-heeltr,, life, disability
5,000
55,000
SSlSteteiFede al .Taxes. Medicare
3,825
Total Payroll, Taxes and Bate Its
58:825
II.Operafins, Expenses
U. 5 Business Meetiro Expenses
1,5 0
6 Gornrnunicado 1s and related services
100
7 Contingencies .: :.
5,000
General Insurance & Directors Liabr ,, Insurance
5,500
9 Car All wince
5,400
10 Memberships/Subscriptions
500
11 Office Supplies and Ooerctin . ....'.polies
: 200
12 ' Wa;chouse'Storage ..:'
4,300
13 Phone T able PC AUcwar 'e
3,500
1µ Penang
100
15 Postage
. 0
TOTAL OPETING ; Pi^NSES
29,750
I. PROFESSION -_ S1 RVTCES
16 ALIO
10,000
I7 6s'ifr Ser ;e
I8 c ear :rig Services ..
8,33 s
TOTAL OFESSIONAL SERVICES
13,3333
TO _ OPERATING EKPE iSE'
i 107,408
I ` CAPITAL EXPENDITURES
9 OFFICE EQUIPMENT PURCHASES'
400
-20 Furniture &_Fiat res ..
-
TOTAL CAPITAL EXPENDITURES
400
.'IOTAL.OPL.RATING BUDGET \Vi CAPITAL 'L DITUR S
_ 107,808
LxGsss( shcrtage) of Revsnue over Expe=.1ses
337,13G
MIAMI SPORTS AND EXHIBITION AUTHORITY
City of Miami
FY 2012-13 Actual
FY 2013.14 Actual
FY 2014,15 Actual
FY 2015.16 Budget
FY 2015-16 Projection
FY 2016-17 Proposed
'® Notes
Revenues
ON=1111
Chalk's/ Nautilus Enterprises LLC
572,000
$72,000
SO
Watson Island Heliport Corporation
$45,600
Prior Year Rollover
$66,000
566,000
$89,000
$484,900
s578,538
5294,000
•5195,900
111111
1111111111111.1
111111.1
1.111111111111
IIIIIIIIIIIIHIIIIIIIIINMIIIIIIIMIIIIIII
-$162,962 0
Revenue Grand Total
$66,000
S66,000
$89,000
$0
5607,500
$444,538
Exp®ndltursie
Regular Salary and wages
55,000
$25,000.
$30,000
53g000
530,000
$50,000
+$70,000
Fringe Benefits
$3,600
$4,800
$6,800
Soma)$9,000
t$200
FICA Taxes
$1,300
51,300
$3,825
+$2,525
Retirement Contributions
Life and Health Insurance
55.000
55.000
$5,000
$5,000
$a
Workers' Compensation
Professional Services - Legal
Professional Services
515.000
$5,100
$5,000
$600
$500
$500
-5100
Accounting end Auditing
$15,000
$13.000
$14,000
518,300
$18,300
$18,333
+533
Other Contractual Services
Travel and Per Diem
$1,300
$1,600
$4,200
Communications end Re€aced Services
$3,600
$2.400
$4,000
$100
+$100
Postage
$100
$100
$100
$100
$50
-$50
0tiiity
Rentals and Leases
Insurance
$25,000
$17,006
516,000
$13,000
$13,000
$8,500
-54,500
Printing and Binding
$100
$100
z $..00
$100
5100
$0
Advertising and Related Costs
Office Supplies
$600
5300
$200
5200
$200
$200
50
Operating Supplies
5500
Motor Fuel
Public Safety Supplies
Subse€lpuons, Memberships, and Licenses
$200
$300
$500
$500
$500
$0
lrterfund Transfer
$400
+54pQ
Capital Projects and Purchases
All Other Expenditures
$400
5100
$100
$11,100
$11,100
$348,036
+$335,930
Expenditure Grand Total
$66,000
563,900
$84,000
$89,000
$69,000
$444,538
$355,538
$0
Revenues Minus Expenditures
S0
$2,100
Ey h, b i t B
Printed- 12/29/202S 2:22 PM
$5,000
-$89,000
$s18,s00.j
$0
-5518,500 $0
Paget ofI
AGENDA ITEM SUMMARY FORM
File ID: #2830
Date: 08/11/2017
Commission Meeting Date: 09/19/2017
Type: Resolution
Subject: Approve Annual Budget FY '18 - MSEA
Purpose of Item:
Requesting Department: Miami Sports and
Exhibition Authority
District Impacted:
It is respectfully recommended that the City Commission approve the Miami Sports
&Exhibition Authority Operating Budget for Fiscal Year 2017-2018.
Background of Item:
The Miami Sports & Exhibition Authority (MSEA) was established in 1983, pursuant to
Florida Statute 212.057, as an independent and autonomous agency and instrumentally
of the City of Miami. Currently, MSEA is being managed by Lourdes Blanco. MSEA was
created to promote sports, conventions and exhibitions and to strive to generate
community support to achieve this purpose. It was further given the authority to exercise
any power usually possessed by private corporations performing similar functions that
are not in conflict with the Florida constitution or law. Your approval of the attached
budget will enable MSEA to fulfill its mandate. The budget was unanimously approved
by the MSEA board at its July 18th, 2017, meeting.
Budget Impact Analysis
Total Fiscal Impact:
$677,150.00
Reviewed B
Miami Sports and Exhibition Authority
Review Completed 08/11/2017 12:42 PM
Office of Management and Budget Domingo Echevarria
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
Christopher M Rose
Alberto N. Parjus
Fernando Casamayor
Marta Gomez
Xavier Alban
Barnaby L. Min
Victoria Mendez
Nicole Ewan
Lourdes Blanco
Budget Analyst Review
Budget Review
Assitant City Manager Review
City Manager Review
Legislative Division Review
ACA Review
Deputy City Attorney Review
Approved Form and Correctness
Meeting
Department Head
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
08/15/2017 3:59 PM
08/16/2017 7:59 AM
08/16/2017 1:16 PM
08/16/2017 3:53 PM
08/16/2017 7:50 PM
08/24/2017 2:00 PM
08/24/2017 2:12 PM
08/28/2017 2:23 PM
09/14/2017 5.05 PM
City of Miami
Legislation
Resolution
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 2830 Final Action Date:
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 $677,150.00 TO PROVIDE FOR THE OPERATIONS AND CAPITAL
EXPENDITURES OF MSEA FOR THE FISCAL YEAR COMMENCING OCTOBER 1,
2017 AND ENDING SEPTEMBER 30, 2018.
WHEREAS, the Miami Sports and Exhibition Authority ("MSEA") was established as an
independent and autonomous agency and instrumentality of the City of Miami ("City") pursuant
to Ordinance No. 9662, adopted July 28, 1983, in connection with former Florida Statute Section
212.057 (1983) (now repealed and superseded by Florida Statute Section 212.0305
[Convention Development Taxes]), to promote sports, conventions, and exhibitions and to strive
to generate community support to achieve this purpose; and
WHEREAS, Section 2-1020 of the Code of the City of Miami, Florida, as amended ("City
Code"), provides that MSEA shall submit its annual budget for its operations and capital
expenditures to the City Commission for approval; and
WHEREAS, pursuant to Section 2-1017 of the City Code, MSEA shall, to the greatest
extent it determines to be feasible, implement the exercise of its powers in a manner which
utilizes and encourages the fullest and most active participation and cooperation of private
enterprise; and
WHEREAS, the MSEA Board of Directors reviewed and approved its budget for Fiscal
Year 2017-2018 on July 18, 2017; and
WHEREAS, the MSEA Board of Directors requests City Commission to approve the
budget for the Fiscal Year commencing October 1, 2017 and ending September 30, 2018 in the
amount of $677,150.00;
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 MSEA annual budget, attached and incorporated, in the amount of
$677,150.00 for the operations and capital expenditures of MSEA for the Fiscal Year
commencing October 1, 2017 and ending September 30, 2018, is approved and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
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.
APPROVED AS TO FORM AND CORRECTNESS:
ity ttor ey 8/28/2017
To: Honorable Mayor and Members
of the City Commission
From: Lourdes Blanco
RECOMMENDATION:
August 9t, 2017
Subject; Approval of the
lvliami Sports & Exhibition
Authority 2017-2018
Operating Budget
for City Commission. meeting
September 14th, 2017.
It is respectfully recommended that the City Commission approve the Miami Sports
&Exhibition Authority Operating Budget for Fiscal Year 2017-2018.
BACKGROUND:
The Miami Sports & Exhibition Authority (MSEA) was established in 1983, pursuant
to Florida Statute 212.057, as an independent and autonomous agency and
instrumentally of the City of Miami. Currently, MSEA is being managed by Lourdes
Blanco. MSEA was created to promote sports, conventions and exhibitions and to
strive to generate community support to achieve this purpose. It was further given the
authority to exercise any power usually possessed by private corporations performing
similar functions that are not in conflict with the Florida constitution or law. Your
approval of the attached budget will enable MSEA to fulfill its mandate. The budget
was unanimously approved by the MSEA board at its July 18th, 2017, meeting.
Attachments:
Resolution
Budget
MIAMI SPORTS AND EXHIBITION AUTHORITY
OPERATING BUDGET FOR FISCAL YEAR 2017-2018
Table of Contents
I. MSEA Members
II. Letter of Introduction
III. MSEA Operating Budget
MIAMI SPORTS AND EXHIBITION AUTHORITY
BOARD OF DIRECTORS
Mayor Tomas Regalado, Chairman
Commissioner Wifredo Gort
Commissioner Keon Hardemon
Nathan Kurland
James Cassel
Rachel Wagner Furst
Rudy Sablon
Rafael Cabrera
Frank Veloso
Kathryn Moore
Davie Madison
Eli Feinberg
EXECUTIVE DIRECTOR
Lourdes Blanco
MIAMI SPORTS AND EXHIBITION AUTHORITY (MSEA)
City of Miami
Budget Template
THIS DOCUMENT IS A SUBSTITUTION
TO ORIGINAL. BACKUP ORIGINAL
CAN BE SEEN AT THE END OF THIS
DOCUMENT.
FY 2013-14 Actual
FY 2014-15 Actual
FY 2015-16 Actual
FY 2016-17 Budget
FY 2016-17 Projection
FY 2017-18 Proposed
Difference
Notes
Revenues
Chalks -Nautilus Seaplane Base
$72,000
$72,000
$72,000
$72,000
$0
Watson Island heliport
$45,600
$78,500
$78,500
$80,517
+$2,017
Prior Year Rollover
$489,900
$294,000
$294,000
5524,633
+$230,833
Revenue Grand Total
$0
$0
$607,500
$444,500
$444,500
$677,150
$232,650
$0
Expenditures
....
Regular Salary and Wages
$30,000
$50,000
$50,000
$50,000
$0
Fringe Benefits
58,800
$9,000
$9,000
$9,500
+$500
FICA Taxes
$1,300
$3,800
$3,800
$3,800
$0
Retirement Contributions
Life and Health Insurance
$5,000
$5,000
$5,000
$5,000
$0
Workers' Compensation
Professional Services - Legal
Professional Services
$600
$500
$500
$500
$0
Accounting and Auditing
$18,300
$18,300
$18,300
$20,300
+$2,000
Other Contractual Services
_
Travel and Per Diem
Communications and Related Services
$100
$100
$100
$0
Postage
$100
$100
$100
$100
$0
Utility
Rentals and Leases
Insurance/Board Memmbers
$13,000
$8,500
$8,500
$9,000
+$500
Printing and Binding
$100
$100
$100
$100
$0
Advertising and Related Costs
Office Supplies
$200
$204
$200
$200
$0
Operating Supplies
Motor Fuel
Public Safety Supplies
Subscriptions, Memberships, and Licenses
$500
$500
$500
$500
$0
Interfund Transfer
$400
$400
-$400
Capital Projects and Purchases
All Other Expenditures
$11,100
511,300
$11,300
$13,350
+$2,050
Grants
$150,000
Reserve
$336,700
$0
$414,700
+$78,000
Expenditure Grand Total
$0'
$0
$89,000
$444,500
$107,800
5677,150
$82,650
_
$0
Revenues Minus Expenditures
Printed: 9/22/2017 2:32 PM
2830-Exhibit-SUB
$0
$0
$518,500
$o
$336,700f
$0
$150,000
$0
Page 1 of 1
SUBSTITUTED
MIAMI SPORTS AND EXHIBITION AUTHORITY (MSEA)
City of Miami
July 18th, 2017
FY 2017- roposed
Revenues
Chalks -Nautilus Seaplane Base
$ 72, 000
Watson Island heliport
$80,517
MSEA Reserve Fund
$524,633
Revenue Grand Total
$677,150
Expenditures
Regular Salary and Wages
$50,000
Fringe Benefits (car, tablet, phone)
$9,500
FICA Taxes
$3,800
Retirement Contributions
Life and Health Insurance
$5,000
Workers' Compensation
Professional Services - Legal
Professional Services
$500
Accounting and Auditing
$20,300
Communications and Related Services
$100
Postage
$100
General &Liability Insurance/ Board
Memmbers
$9,000
Printing and Binding
$100
Office Supplies
$200
Subcriptions, Memberships, and Licens
$500
Contingencies
$5,000
Bussiness Meeting Expenses
$2,700
Courrier/Delivery
$100
Bank Services
$550
Iron Mountain Warehouse rage
$4,700
Office Equipment Purcha , (printer)
$300
Budget Reserve/Gran
$564,700
Expenditures
$112,450
Total
$677,150
Printed: 8/10/2017 12;36 PM
Page 1 of 1
SUBSTITUTED
MIAMI SPORTS AND EXHIBITION AUTHORITY (MSEA)
City of Miami
Budget Template
Revenues
Chalks -Nautilus Seaplane Base
Watson Island heliport
MSFA Reserve Fund
FY 2013-14 Actual
FY 2014-15 Actual
FY 2015-16 Actual
FY 2016-17 Budget
FY 2016-17 Projection
FY 2017-18 Proposed
Difference
Notes
$72,000
545,600
$485,900
572,000
578,500
5294,000
$72,009
$78,500
5294,000
$72,000
$60,517
S524,633
50
_ +$2,017
+52 -3
Revenue Grand Total
50
$o
$607,500
$444,500
5444,500
$677,150
S232,650
50
Expenditures
Regular Salary and Wages
S30,000
$50,000
- 0
550,000
$0
Fringe Benefits
FICA
$8,800
S9,000
9,000
$9-500
+5500
Taxes
$1,300
$3,800
$3,800
53,800
$0
Retirement Contributions
Life and Health insurance
$5,000
$5,000
$5,000
$5,000
$0
Workers' Compensation
Professional Services - Legal
Professional Services
5600
$500
$500
5500
50
Accounting and Auditing
$18,300
518.300
$18,300
$20,300
+$2.000
Other Contractual Services
Travel and Per Diem
Communications and Related Services
$100
$100
$100
50
Postage
0
5100
$300
5100
SO
Utility
Rentals and teases
-
-
Insurance/Board Mernmbers
513,000
58,500
58,500
59,000
r$500
Printing and Binding
$100
$100
$100
$100
SR
Advertising and Related Costs
office supplies
5200
$200
S2R0
$2pp
so
Operating Supplies
Motor Fuel.
Pubte Safety Supplies
Subscriptions, Memberships, and Licenses
5500
$500
5500
5500
$0
tnterfund Transfer
$400
$400
$400
Capital Projects and Purchases
_
Ail Other Expenditures
511,100
$11,300
$11,300
$13,350
+$2,050
Budget Reserve/Grants
5336,700
$336,700.
$5E4,700
+$228,000
Ex• enditure Grand Total
$0
50
$89,000
$444,500
5444,500
$677,150
5232,650
SO
$0
ed: 8/9/2017 5:11 PM
5518,5ool
50
$Q
50 50
Page 1 of 1