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HomeMy WebLinkAboutR-25-0491City of Miami Resolution R-25-0491 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 18464 Final Action Date: 11/20/2025 A RESOLUTION OF THE MIAMI CITY COMMISSION AMENDING APPROPRIATIONS RELATING TO THE 2025-2026 FISCAL YEAR ADOPTED OPERATING BUDGET PURSUANT TO RESOLUTION NO. R-25-0413 ADOPTED ON SEPTEMBER 25, 2025, AS AMENDED, THE FIVE-YEAR FINANCIAL PLAN, THE STRATEGIC PLAN, AND THE MULTI -YEAR CAPITAL PLAN PURSUANT TO RESOLUTION NO. R-25-0412 ADOPTED ON SEPTEMBER 25, 2025, AS AMENDED (COLLECTIVELY, THE "BUDGET"), AND AUTHORIZING THE CITY MANAGER TO MAKE ANY NECESSARY CHANGES TO ADJUST, AMEND, ALLOCATE, AND APPROPRIATE THE BUDGET, AND ANY PART THEREOF, REGARDING CITY OF MIAMI SERVICES AND RESOURCES AS NECESSARY AND LEGALLY ALLOWED; RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS OF THE CITY MANAGER AND DESIGNATED OFFICIALS AND DEPARTMENTS TO UPDATE THE RELEVANT FINANCIAL CONTROLS, PROJECT CLOSE-OUTS, ACCOUNTING ENTRIES, AND COMPUTER SYSTEMS IN CONNECTION THEREWITH AND FOR GRANTS AND OTHER FUNDING SOURCES IN PROGRESS AND FOR NECESSARY RELATED DOCUMENT NEGOTIATIONS AND EXECUTIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY; PROVIDING FOR APPLICABLE EFFECTIVE DATES. SPONSOR(S): Commissioner Joe Carollo WHEREAS, on September 25, 2025, the City Commission, pursuant to Resolution No.25-0413, adopted a General Fund budget for the City of Miami ("City") for the Fiscal Year beginning October 1, 2025, and ending September 30, 2026 ("Fiscal Year 2025-26"), in the amount of $1,224,745,000 and the total budget for all non -capital funds in the amount of $1,830,273,000, as subsequently amended ("Adopted Budget"); and WHEREAS, on September 25, 2025, the City Commission, pursuant to Resolution No. R-25-0412, adopted its Fiscal Year 2025-26 Multi -Year Capital Plan, as subsequently amended (Adopted Capital Plan); and WHEREAS, it is necessary to make corresponding adjustments to the Adopted Budget, as amended, and the Adopted Capital Plan, as amended; and WHEREAS, the City intends to reallocate funds in a total amount not to exceed Four Hundred Sixty -Three Thousand and 00/100 Dollars ($463,000.00) from Project 40- B193514 (Coral Way Park Expansion and Enhancements), Capital Fund 35000, to City of Miami Page 1 of 2 File ID: 18464 (Revision:) Printed On: 12/8/2025 File ID: 18464 Enactment Number: R-25-0491 Project 40-B223401 (D3 Affordable Housing Development and Park Projects), Capital Fund 34000, and WHEREAS, except for such changes as set forth herein, all previous appropriations remain authorized to continue as previously approved City capital projects (new, revised, and continued projects collectively, "Projects") according to the Adopted Capital Plan; and WHEREAS, the appropriations authorized pursuant to this Resolution are subject to all applicable Federal, State of Florida ("State"), local, and City laws, rules and regulations; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble of this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The City Manager is authorized' to allocate and appropriate an amount not to exceed Four Hundred Sixty -Three Thousand and 00/100 Dollars ($463,000.00) from Project 40-B193514 (Coral Way Park Expansion and Enhancements), Capital Fund 35000, to Project 40-B223401 (D3 Affordable Housing Development and Park Projects), Capital Fund 34000. Section 3. The City Commission hereby approves, directs, and authorizes the City Manager to add capital projects to the Adopted Capital Plan, revise current appropriations among approved projects and appropriate funding for the new capital project, attached and incorporated. Section 4. Certain necessary actions by the City Manager and designated City officials and departments made in order to update the Capital Plan, relevant financial controls and computer systems in connection therewith, for project close-outs, and for grants and other funding sources in progress in connection herewith are ratified, approved, and confirmed. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: rge ng 111, C y ttor -y 11/10/2025 City of Miami Page 2 of 2 File ID: 18464 (Revision:) Printed on: 12/8/2025