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Home My WebLink AboutExhibit A-SUBTHIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Honorable Mayor and Members DATE: July 17, 2025 of the City Commission FDS FROM: Arthur Noriega V OSSUBJECT: Information for the Fiscal Year 2024-25 City Manager Budget Amendment (M-Y) Background and Summary for Mid -Year Budget Amendment This proposed Mid -Year Budget Amendment addresses operational budget changes required for Fiscal Year 2024-25. The areas of the budget changes reflected in this memorandum are: • Appropriating additional general fund (GF) revenues of $25.689 million based on the previous year's ending fund balance, of which $1.860 million is prior year surplus rollover funds (in accordance with the Financial Integrity Principles Ordinance) to certain departments and elected officials, $5 million is a recommended GF contribution to the FIFA World CUP, and other expenditures to cover unanticipated shortfalls • Appropriating and adjusting funds in various Special Revenue (SR) Funds to reflect audit adjustments recorded in the City's 2024 Annual Comprehensive Financial Report, the acceptance of various grants, and the rollover of prior year surpluses. The net change in SR fund balances is $120.047 million. - N t, Cr Y� rr, C_ CD General Fund -< • N co Detail of General Fund Revenues Changes (See Attachment A) The revenue appropriation is being modified as follows: 1. Other Revenues line item, Prior Year Fund Balance - $25.689 million Details of General Fund Expenditures Changes (See Attachment A) The expenditure appropriation is being modified as follows ($25.689 million): 62. h r- rn 1. Commissioners - $100,000 — Chairperson's budget. 2. Solid Waste - $1.288 million - To cover the cost of Solid Waste Litter Can Pickup services. 0 N (11 ) rn 17391 Exhibit -A -SUB Honorable Mayor and Members of the City Commission Information for the FY 2024-25 Budget Amendment (M-Y) Page 2 of 3 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. 3. Non -Departmental Account - $728,000 - To cover the estimated cost of the District 4 Special Election ($350,000), the renovation of the Ark of the City Inc. ($250,000), and the demolition of the Carver Theater ($128,000). 4. General Fund Transfer — Out Allocations Detail ($23.573 million): a) $10 million - General Fund Contribution to Capital for improvements or acquisition of public parks, as discussed in the commission meeting of February 13, 2025 (Allocation: $2.5 million each for Districts 2, 3, 4, and 5). b) $5 Million — Contribution to Special Revenue Fund for the FIFA World Cup. c) $3.145 million - Contribution to Capital for Fire and Rescue apparatus. d) $2.9 million - Transfer of previously earned interest to CRAs. Breakdown: SEOPW — $1,392,106.72; OMNI —$1,115,031.48; and MIDTOWN — $392,766.54. e) $1.860 million - Rollover funds from the prior fiscal year, pursuant to the City's Financial Integrity Principles. f) $263,000 - Contribution to Capital for water intrusion repairs at the College of Policing, which serves as the location of the City's Emergency Operations Center (EOC). g) $250,000 - Contribution to Capital for the Florida Cultural Heritage Center Complex. h) $85,000 - Contribution to Capital for City Hall 2nd Floor Terrace Repairs (40-6233102). i) $70,000 - Contribution to Capital for 911 Communication System Consultants (40-BTBD). Special Revenue Funds Detail of Special Revenue Fund Changes Special Revenue Fund appropriations are being modified as follows ($120.047 million): 1. $75.989 million - The City's Fiscal Year 2024-25 Special Revenue Fund Budget is being amended to increase the previous year's fund balance (See Attachment B). 2. $1.860 million - The allocation of rollover funds • Mayor - Elected Official Discretionary Account - $83,000 • District 1- Elected Official Discretionary Account - $307,000 • District 2 - Elected Official Discretionary Account - $604,000 • District 3 - Elected Official Discretionary Account - $486,000 • District 4 - Elected Official Discretionary Account - $155,000 • District 5 - Elected Official Discretionary Account - $151,000 • Real Estate and Asset Management - $74,000-�J 3. $5 million — A GF Contribution to the Citywide Festivals and Events for the FIFA World Cup. 4. $4.698 million - The acceptance of various grants 5. $32.5 million - Adjustment to the revenue collected on the newly created Public Benefits Find. r\) cn Special Revenue Transfer — Out Allocations Detail ($5 million) a) $2.5 million —Transfer from the Fund 10095 - Public Benefits Fund to the SRF Fund TBD — Baywalk- Riverwalk Project (per Reso R-22-0156). Honorable Mayor and Members of the City Commission Information for the FY 2024-25 Budget Amendment (M-Y) Page 3 of 3 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. b) $2.115 million — Transfer from the SRF Fund TBD — Baywalk-Riverwalk Project to the Capital Fund/Project number40-B193802 Brickel Bay Drive. c) $385,000 — Transfer from the SRF Fund TBD — Baywalk-Riverwalk Project to the Capital Fund/Project number TBD - Edgewater Baywalk Project - Phase 1 (Item ID#17322). The Five -Year Capital Plan Details of the Changes in the Five -Year Capital Plan - All the changes to the capital plan are mentioned above. This section recognizes the changes to the capital plan in this amendment. New Appropriations ($16.313 million) 1. $10 million - For Parks and Recreation capital projects (Multiple Projects) to support park improvements or the acquisition of public parks. - see item a) under General Fund Transfer— Out Allocations Detail. 2. $3.145 million - For the Fire and Rescue apparatus. - see item c) under General Fund Transfer — Out Allocations Detail. 3. $2.115 million - For Brickel Bay Drive (Project No. 40-6193802)—see item b under Special Revenue Transfer -Out Allocations Detail. 4. $385,000 - Cash match contribution to Edgewater Baywalk Project - Phase 1 (FIND Grant, Item ID#17322) — see item c under Special Revenue Transfer -Out Allocations Detail. 5. $263,000 — Water Intrusion at EOC (Project No. 40-B72910C). - see item f) under General Fund Transfer — Out Allocations Detail. 6. $250,000 — Florida Cultural Heritage Center Complex (Project No. 40-BTBD). - see item g) under General Fund Transfer — Out Allocations Detail. 7. $85,000 — City Hall 2nd Floor Terrace Repairs (Project No. 40-6233102). - see item h) under General Fund Transfer — Out Allocations Detail. 8. $70,000 — 911 Communication System Consultants (Project No. 40-BTBD). - see item i) under General Fund Transfer — Out Allocations Detail. Cr i THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. Attachment A !Q�Fh�J RV4r/T 25 Adopted Budget FY September 26, 2024 Mid -year Amendment Amended Budget FY 2024-25 Proper Taix6sz =-,1 E ; i r CI$589,253,000 $589,253,000 Franchise Fees and �Oth'er." mites! $156,298,000 156,298,000 Interest $17,363,000 17, 363,000 Transfers -In $7,457,000 7,457,000 Fines and Forfeitures $7,379,000 7,379,000 Intergovernmental Revenues $107,933,000 107,933,000 Licenses and Permits $101,281,000 101,281,000 Other Revenues (Inflows) $38,695,000 $25,689,000 64,384,000 Charges for Services $141,142,000 141,142,000 Total Revenues $1,166,801,000 $25,689,000 $1,192,490,000 General Fund Expenditures Mayor $3,560,000 $3,560,000 Commissioners 12,611,000 100,000 12,711,000 City Manager 3,689,000 3,689,000 Agenda Coordination 492,000 492,000 Independent Inspector General 2,106,000 2,106,000 City Attorney 15,006,000 15,006,000 City Clerk 2,459,000 2,459,000 Civil Service 648,000 648,000 Code Compliance 13,048,000 13,048,000 Communications 2,204,000 2,204,000 Economic Innovation and Development 1,598,000 1,598,000 Equal Opportunity and Diversity Programs 711,000 711,000 Finance 13,971,000 13,971,000 Grants Administration 2,227,000 2,227,000 Human Resources 6,746,000 6,746,000 Innovation and Technology 16,971,000 16,971,000 Management and Budget 4,418,000 4,418,000 Procurement 3,974,000 3,974,000 Resilience and Sustainability 1,377,000 1,377,000 Human Services 8,118,000 8,118,000 Building 44,073,000 44,073,000 Planning 7,746,000 7,746,000 Zoning 6,555,000 6,555,000 Housing and Community Development 3,879,000 3,879,000 Capital Improvements 2,048,000 2,048,000 General Services Administration 37,823,000 37,823,000 Resilience and Public Works 41,500,000 41,500,000 Solid Waste 48,033,000 1,288,000 49,321,000 Fire -Rescue 243, 529, 000 243, 529, 000 Police 378,574,000 378,574,000 Real Estate and Asset Management 21,392,000 21,392,000 Parks and Recreation 63,384,000 63,384,000 Risk Management 5,286,000 5,286,000 Non -Departmental Accounts (NDA) 70,215,000 728,000 70,943,000 Transfers - Out 76,830,000 23,573,000 100,403,000 TOTAL GENERAL FUND $1,166,801,000 $25,689,000 $1,192,490,000 ITHIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. i RFD .. 1VED 2025 JUL 2 I AM 10: 25 OFFICE OF THE CITY CLEF CITY OF MIAMI Attachment B Special Revenue Funds Amended Budget FY 2024-25 February 13, 2025 Fund Balance Adjustment per ACFR Sep 30, 2024 New Grants, GF Rollover, and PR Adjustment Amended Budget FY 2024-25 General Special Revenues $ 4,103,000 $ 495,000 $ - 4,598,000 Public Benefits Trust Fund - 2,500,000 32,500,000 35,000,000 Planning Services 28,488,000 8,332,000 - 36,820,000 Planning and Zoning Tree Trust Fund 4,383,000 (650,000) - 3,733,000 Public Art Fund 1,766,000 601,000 - 2,367,000 Historic Preservation Trust Fund 863,000 225,000 - 1,088,000 Public Benefits Trust Fund - NDR2 1,290,000 - - 1,290,000 Fire Rescue Services 11,732,000 (5,002,000) 896,000 7,626,000 UASI-Fire Rescue 42,504,000 (27,778,000) - 14,726,000 Parks and Recreation Services 21,231,000 2,525,000 - 23,756,000 Police Services 14,403,000 3,729,000 1,702,000 19,834,000 Law Enforcement Trust Fund 1,881,000 (214,000) - 1,667,000 Public Works Services 10,059,000 (616,000) 2,000,000 11,443,000 Solid Waste Recycling Trust 120,000 54,000 - 174,000 City Clerk Services 2,019,000 84,000 - 2,103,000 Community and Economic Development 107,790,000 - 100,000 107,890,000 Homeless Program 3,407,000 - - 3,407,000 Human Services 210,000 857,000 - 1,067,000 Bayfront/Riverfront Land Acquisition Rouse Trust 2,214,000 - - 2,214,000 Miami Ballpark Parking Facilities 12,820,000 6,438,000 - 19,258,000 Departmental Improvement Initiatives 70,161,000 4,800,000 6,860,000 81,821,000 Transportation and Transit 23,170,000 79,609,000 - 102,779,000 Emergency Funds 100,000 - - 100,000 American Rescue Plan Act 48,000,000 - - 48,000,000 TOTAL SPECIAL REVENUE FUNDS $ 412,714,000 $ 75,989,000 $ 44,058,000 $ 532,761,000 Abbreviations ACFR - Annual Comprehensive Financial Report FY - Fiscal Year GF - General Fund PR - Program Revenues UASI - Urban Area Security Initiative SUBSTITUTED CITY OF MIAMI, FLORi1tiA7 INTER -OFFICE MEMORANDUM e COI ,;yil Honorable Mayor and Members of the City Commission ,- Ds Arthur Noriega V Q(U City Manager DATE: June 26, 2025 SUBJECT: Information for the Fiscal Year 2024-25 Budget Amendment (M-Y) Background and Summary for Mid -Year Budget Amendment This proposed Mid -Year Budget Amendment addresses operational budget changes required for Fiscal Year 2024-25. The areas of the budget changes reflected in this memorandum are: • Appropriating additional general fund (GF) revenues of $25.339 million based on the previous year's ending fund balance, of which $1.860 million is prior year surplus rollover funds (in accordance with the Financial Integrity Principles Ordinance) to certain departments and elected officials, $5 million is a recommended GF contribution to the FIFA World CUP, and other expenditures to cover unanticipated shortfalls • Appropriating and adjusting funds in various Special Revenue (SR) Funds to reflect audit adjustments recorded in the City's 2024 Annual Comprehensive Financial Report, the acceptance of various grants, and the rollover of prior year surpluses. The net change in SR fund balances is $120.047 million. General Fund Detail of General Fund Revenues Changes (See Attachment A) The revenue appropriation is being modified as follows: 1. Other Revenues line item, Prior Year Fund Balance - $25.339 million Details of General Fund Expenditures Changes (See Attachment A) The expenditure appropriation is being modified as follows ($25.3396 million): 1. Solid Waste - $1.288 million - To cover the cost of Solid Waste Litter Can Pickup services. 2. Non -Departmental Account - $728,000 - To cover the estimated cost of the District 4 Special Election ($350,000), the renovation of the Ark of the City Inc. ($250,000), and the demolition of the Carver Theater ($128,000). Honorable Mayor and Members of the City Commission Information for the FY 2024-25 Budget Amendment (M-Y) Page 2 of 3 3. General Fund Transfer — Out Allocations Detail ($23.323 million): a) $10 million - General Fund Contribution to Capital for improvements or acquisition of pu c parks, as discussed in the commission meeting of February 13, 2025 (Allocation: $2.5 ion each for Districts 2, 3, 4, and 5). b) $5 Million — Contribution to Special Revenue Fund for the FIFA World Cup. c) $3.145 million - Contribution to Capital for Fire and Rescue apparatus. d) $2.9 million - Transfer of previously earned interest to CRAs. Breakdo : SEOPW — $1,392,106.72; OMNI —$1,115,031.48; and MIDTOWN — $392,766.54. e) $1.860 million - Rollover funds from the prior fiscal year, pursuant to e City's Financial Integrity Principles. f) $263,000 - Contribution to Capital for water intrusion repairs at the C• ege of Policing, which serves as the location of the City's Emergency Operations Center ( C). g) $85,000 - Contribution to Capital for City Hall 2nd Floor Terrace ' pairs (40-6233102). h) $70,000 - Contribution to Capital for 911 Communication Syst= Consultants (40-BTBD). Q Special Revenue Funds Detail of Special Revenue Fund Changes Special Revenue Fund appropriations are being modifi- . as follows ($120.047 million): rn 1. $75.989 million - The City's Fiscal Year 20 -25 Special Revenue Fund Budget is being awnendeff to increase the previous year's fund bal ce (See Attachment B). 2. $1.860 million - The allocation of roller funds • Mayor - Elected Official D retionary Account - $83,000 • District 1- Elected Offi : I Discretionary Account - $307,000 • District 2 - Elected 0 cial Discretionary Account - $604,000 • District 3 - Elected Official Discretionary Account - $486,000 • District 4 - Elect- Official Discretionary Account - $155,000 • District 5 - El ed Official Discretionary Account - $151,000 • Real Estat- . nd Asset Management - $74,000 3. $5 million — A GF ontribution to the Citywide Festivals and Events for the FIFA World Cup. 4. $4.698 million he acceptance of various grants 5. $32.5 millio Adjustment to the revenue collected on the newly created Public Benefits Fund. Special Revenu ransfer — Out Allocations Detail ($5 million) a) $2 ' million —Transfer from the Fund 10095 - Public Benefits Fund to the SRF Fund TBD — Baywalk- erwalk Project (per Reso R-22-0156). 2.115 million — Transfer from the SRF Fund TBD — Baywalk-Riverwalk Project to the Capital Fund/Project number 40-B193802 Brickel Bay Drive. ) $385,000 — Transfer from the SRF Fund TBD — Baywalk-Riverwalk Project to the Capital Fund/Project number TBD - Edgewater Baywalk Project - Phase 1 (Item ID#17322). Honorable Mayor and Members of the City Commission Information for the FY 2024-25 Budget Amendment (M-Y) Page 3 of 3 The Five -Year Capital Plan Details of the Changes in the Five -Year Capital Plan - All the changes to the capital plan are ntioned above. This section recognizes the changes to the capital plan in this amendment. New Appropriations ($16.063 million) See Attachment D 1. $10 million - For Parks and Recreation capital projects (Multiple Proje• - to support park improvements or the acquisition of public parks. - see item a) under Gene •l Fund Transfer— Out Allocations Detail. 2. $3.145 million - For the Fire and Rescue apparatus. - see item c) und= General Fund Transfer — Out Allocations Detail. 3. $2.115 million - For Brickel Bay Drive (Project No. 40-B193802) .ee item b under Special Revenue Transfer -Out Allocations Detail. 4. $385,000 - Cash match contribution to Edgewater Baywa roject - Phase 1 (FIND Grant, Item ID#17322) — see item c under Special Revenue Transfer 'utAllocations Detail. 5. $263,000 — Water Intrusion at EOC (Project No. 40 - 2910C). - see item f) under General Fund Transfer — Out Allocations Detail. 6. $85,000 — City Hall 2nd Floor Terrace Repair Project No. 40-B233102). - see item g) under General Fund Transfer — Out Allocations Deta 7. $70,000 — 911 Communication System C. sultants (Project No. 40-BTBD). - see item h) under General Fund Transfer — Out Allocations ' etail. C) �r r-- rn �e� REC PIED Attachment A General Fund Revenue Adopted Budget Fr 2024-25 September 26, 2024 1 7={ ll r! 2 1 t �4fri• MIlhd:yearAmendm nt' :. , R r_ _ 28 Amended Budget FY 2024-25 Property Taxes $589,253,000 r l (`-` j ,_ ; i" `-' " $589, ' ,000 Franchise Fees and Other Taxes $156,298,000 156 ' •8,000 Interest $17,363,000 ,363,000 Transfers -In $7,457,000 7,457,000 Fines and Forfeitures $7,379,000 7,379,000 Intergovernmental Revenues $107,933,000 107,933,000 Licenses and Permits $101,281,000 101,281,000 Other Revenues (Inflows) $38,695,000 $25,339,000 64,034,000 Charges for Services $141,142,000 141,142,000 Total Revenues $1,166,801,000 $25,339,000 $1,192,140,000 General Fund Expenditures Mayor $3,560,000 $3,560,000 Commissioners 12,611,000 12,611,000 City Manager 3,689,000 3,689,000 Agenda Coordination 492,000 492,000 Independent Inspector General 2,106,000 2,106,000 City Attorney 15,006,000 15,006,000 City Clerk 2,459,000 2,459,000 Civil Service 648,000 648,000 Code Compliance 13,048,000 13,048,000 Communications 2,204,01 • 2,204,000 Economic Innovation and Development 1,598 ' 10 1,598,000 Equal Opportunity and Diversity Programs 7 ,000 711,000 Finance 13 '- 1,000 13,971,000 Grants Administration ,227,000 2,227,000 Human Resources 6,746,000 6,746,000 Innovation and Technology 16,971,000 16,971,000 Management and Budget 4,418,000 4,418,000 Procurement 3,974,000 3,974,000 Resilience and Sustainability 1,377,000 1,377,000 Human Services 8,118,000 8,118,000 Building 44,073,000 44,073,000 Planning 7,746,000 7,746,000 Zoning 6,555,000 6,555,000 Housing and Community Develop t 3,879,000 3,879,000 Capital Improvements 2,048,000 2,048,000 General Services Administrati• 37,823,000 37,823,000 Resilience and Public Work 41,500,000 41,500,000 Solid Waste 48,033,000 1,288,000 49,321,000 Fire -Rescue 243,529,000 243,529,000 Police 378,574,000 378,574,000 Real Estate and As t Management 21,392,000 21,392,000 Parks and Recre. on 63,384,000 63,384,000 Risk Managem- t 5,286,000 5,286,000 Non -Depart ntal Accounts (NDA) 70,215,000 728,000 70,943,000 Transfers- Jut 76,830,000 23,323,000 100,153,000 TOTAL ERAL FUND $1,166,801,000 $25,339,000 $1,192,140,000 ler SUBSTITUTED 2625 J 2 I Of IQ: 28 Or--FICE .,FThE CI PITY OF $Inl' lCLE �j Attachment B Special Revenue Funds Amended Budget FY 2024-25 February 13, 2025 Fund Balance Adjustment per ACFR Sep 30, 2024 New G ts, GF Rollo - r, and PR justment Amended Budget FY 2024-25 General Special Revenues $ 4,103,000 $ 495,000 $ - 4,598,000 Public Benefits Trust Fund - 2,500,000 32,500,000 35,000,000 Planning Services 28,488,000 8,332,000 - 36,820,000 Planning and Zoning Tree Trust Fund 4,383,000 (650,00) - 3,733,000 Public Art Fund 1,766,000 60 '00 - 2,367,000 Historic Preservation Trust Fund 863,000 ,000 - 1,088,000 Public Benefits Trust Fund - NDR2 1,290,000 - - 1,290,000 Fire Rescue Services 11,732,000 ,002,000) 896,000 7,626,000 UASI-Fire Rescue 42,504,000 (27,778,000) - 14,726,000 Parks and Recreation Services 21,231,000 2,525,000 - 23,756,000 Police Services 14,403,000 3,729,000 1,702,000 19,834,000 Law Enforcement Trust Fund 1,881,000 (214,000) - 1,667,000 Public Works Services 10,059,000 (616,000) 2,000,000 11,443,000 Solid Waste Recycling Trust 120,000 54,000 - 174,000 City Clerk Services 2,019,00$ 84,000 - 2,103,000 Community and Economic Development 107,790, $' 1 - 100,000 107,890,000 Homeless Program 3,40 400 - - 3,407,000 Human Services 1,000 857,000 - 1,067,000 Bayfront/Riverfront Land Acquisition Rouse Trust 14,000 - - 2,214,000 Miami Ballpark Parking Facilities ,820,000 6,438,000 - 19,258,000 Departmental Improvement Initiatives 70,161,000 4,800,000 6,860,000 81,821,000 Transportation and Transit 23,170,000 79,609,000 - 102,779,000 Emergency Funds 100,000 - - 100,000 American Rescue Plan Act 48,000,000 - - 48,000,000 TOTAL SPECIAL REVENUE FUNDS 412,714,000 $ 75,989,000 $ 44,058,000 $ 532,761,000 Abbreviations ACFR - Annual Comprehensive Financial Rep FY - Fiscal Year GF - General Fund PR - Program Revenues UASI - Urban Area Security Initiative