Loading...
HomeMy WebLinkAboutO-08668ORDINANCE too 8668 AN ORDINANCE AMENDING ORDINANCE 8589, ADOPTED N0 M 11, 1076, THE ANNUAL APPROV IATIONB ORDINANCE ?Oft THE FISCAL YEAR 1.976.77 SY AMENDING SECTIONS 1 AND 4 THEREOP1 PROVIDING post A DECREASE b $900, 679 IN CERTAIN APPRO., pkTA1l0N8 AND REVENUES) t Pt ALING ALL ORDINANCES 14 CONFLICT HEREW1TH AND CONTAINING A SSVt ttAhlLITY PROVISION. WHtREAS, the City Commission adopted ordinance Not 8589 on November 11, 1976, establishing revenues and appropriations for the fiscal year 1976.-77, and WHEREAS, Section 4 of ordinance 8589, as amended, provided for Anticipated Salary Savings to 8e Earned of $2,000,0001 and WHEREAS, departments programmed anticipated salary savings based upon authorized positions remaining vacant for specific portions of the fiscal year; and WHEREAS, for the period covering October 1, 1976 through April. 30, 1977, departments have saved $900,679 as follows: Department GENERAL FUND Fiscal Year 1976-77 Projected Salary Savings Actual Salary Savings Based on 1976-77 Planned Savings 10/1/76 - 4/30/77 Law Department $ 29,900 $ -0- Management Services 23,700 -0- Finance 80,000 50,000 Human Resources 10,000 10,000 Police 800,000 249,039 Fire 300,000 220,353 Communications 36,000 18,759 Sanitation 350,000 76,563 Public Works 140,000 75,718 Parks and Recreation 140,000 85,247 Building 110,000 110,000 Planning 5,000 5,000 Dinner Key Office 12,000 -0- Buildings S2.,036,600 $900,679 WHEREAS, these salary appropriations are no longer needed as a revenue item and should be cancelled: and timmtRi48, it is a eraly accepted Municipal ae : ting prinipie that Salary earnings accrue th fund balance= NOW, THRR PORt, tt IT ORMINth by THt COMMi88toN 0P THt CITY OP MIAMI, FLi Ri A t Section 1. section 1 of Ordinance No. 8589, as amended, adopted November 11, 1976, the Annual Appropriations Ordinance for fiscal year 1476- 77 is hereby further amended in the following particularstV * * * # bepartm+ nts, toards, and,pgic Ot NtrAt. . x'UNb * * * Finance Human Resources * Police Fire Communications Sanitation Public Works Parks and Recreation Building Planning TOTAL GENERAL FUND Unallocated Balance TOTAL GENERAL OPERATING BUDGET * * * ApprppxWith Amount * * $-8,9687;65 5983g66 * * * ail-5920;4 447944769i 81449148 *81-6561.61i 4,441488 474417.446 4T4997635 4347478 $;472467g94 228,690 $;474697484 $*8676237869 $ 2,918,765 580,766 21,343,235 14,721,338 2,000,359 10,580,048 4,195,412 4,086,498 1,299,635 429,178 $73,340,115 228,690 $73,568,805 $105,720,328 1/ Words stricken through shall be deleted. Underscored words constitute the amendment proposed. The remaining provisions are not affected and remain unchanged. All figures are rounded to the next dollar. * * Section 2, Seetiot► 4 of tirdinatide 85BS, as aMertded, is hereby further a rterded by reducing detterai ptmd Revenue Anticipated Salary Savings to be Famed as foliowst dE 4L FUND * Anticipated Salary Savings to 5e Earned $...4r0114e96 $ 1,0 9,321 TOTAL GENERAL POND 844r468,494 $ 73,568,805 * * * * * TOTAL GENERAL OPtRATING RIVE NUES $10674 1,899 $105, 720, 328 * * * * * Section 3. If any section, part of section, paragraph, clause, phrase, or word of this ordinance is declared invalid, the retraining provisions of this ordinance shall not be affected. Section 4. All ordinances or parts of ordinances insofar as they are inconsistent or in conflict with the provisions of this ordinance are hereby repealed. PASSED ON FIRST READING BY TITLE ONLY this 21st day of June 1977. Revenue_ PASSED AND ADOPTED ON SECOND AND FINAL READING BY TITLE ONLY this 14th day of July , 1977. EST: RALPH G. ONGIE CITY CLERK PREPARED AND APPROVED BY; MAURICE A FERRE MAYOR ALAL/5 RO$ERT . CLARK ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS; !MIAMI WeVIDV MO OM, ItION11) ralitstai My !mos giddredy# gni* ad teed fidiedyi Miami, Ante Cow" Meth suit et SUMBA WM" OP DAIS: latefrit/rhsisr2lea rill:4104o a aity SIM/ SWIM Mt FrIZtitedide eelniittiMbahterilriTtstAlitirl tillaillnleefetestnrirtieefit tv of —rir; lot* c rn fifif xxy edirn, tves published in said newspaper In the %suet ai July I Atlient further says that the tall Miami kesteer And Deily Retard It a newspaper Reellithed at Mein in meld Dade County, Merles, and that the said newt• paper has haratefete been continuously published 111 said Dade Daunty, nand*, With day (except settirdaY, Sunday and Legal 14bIldeys) and has been entered ae Seethe Wet Mall matter et the post Witte in MIAMI, in said Dade County, Flatfeet for a period of one year next preceding the first publitatlen Or the ettathed Copy of ethrenitemeht; and &Mont farther toys that she has neither pad nor promised any oltreart firm at taraoratibh any discoid*, rebate, cornmitilon et refund for the purpose of securing this advertlsentent rat atiblItatIolt in the said newspaper. 4 • VT" P • ilatiSAL Wtt AN ifittfraitid NM lilt, motet tifittifilift day tit tali WO City ttiffiffiNIMA et Atom, Merida MOM me OlterNAtier ' AN ortimAtiet AMENDING tleftbiNAMet MPOPTtes NOVONCIStA le 14h, ?tit ANNUAL APPROPRI ATIONS DINANOE POO THE PISCAL VOAR1t&4tSY AMPNOINO . SECTIONS I ANb 4 Thit !MOP; PROVIDING DECREASt OP ta00,4/4 IN CONTAIN APPROPRIATIONS AND R RVENUES: REPEALING ALL ORDINI1JC13,4N,, • CONPUtir Istlkt WITH AND-CONTAININGA SRVERASILITY PROVISION. , . RALPH G. *NOE tITT` eLeRit Publiation tit this notlea on the lath day ot July, irro, ititt „ 3osep'h R. Draggle City Manager Howard V. Gary, ©ireetdr tit? OP MIAMt, 'PLediteA IN'tErt,Or 1t6 M'CMCIRAN'DU'M • Department of Management S rviCOO CATE eTtftte 14, 1177 su@itcAnticipated Salary Savings otrtot 4C$9, tNCLtltUfttt: A common practice of the City of Miami has been to anticipate, as a revenue, salary aavings that would accrue during a fiscal year. This method of budgeting permitted the appropriation of funds for budgeted positions without having to raise an equal amount of revenue to offset same. 1n essence, revenues were anticipated that did not exist. Such an approach to budgeting is inconsistent with generally accepted accounting and budgeting principles. These principles define revenue as an addition to assets which do not depend upon the recovery of an expenditure or the increase in liabilities. This matter was brought to your attention during the preparation of the final adopted budget for fiscal year 1977. At that time, you informed fie that your policy is to phase out this approach to budgeting over the next four 14) years in $500,000 intervals beginning in fiscal. year 1978. However' during this phaseout period, the independent auditors who review our budgeting and accounting activities on an annual basis will make audit exceptions to the aforementioned method of budgeting. These exceptions -will have a negative impact on our financial statement which is used by the financial community to evaluate the soundness of our fiscal and budgetary policies. The results of this evaluation is one of the indicators used by the finan- cial community to determine the soundness of the city from an invest- ment point of view. To prevent the audit exceptions and their potential impact, is is suggested that the Anticipated Revenue from Salary Savings be reduced as salary savings are accrued. This process will enable us to remove the total amount from the budget prior to the independent auditors' review of our FY'77 budget and accounting activities. Although the independent auditors will see our original intentions, they will perceive our subsequent actions favorably as a means to rectify the problem.. For fiscal year 1977, we anticipated $2 million as Anticipated Revenue from Salary Savings. As of April 30, 1977, we have saved $900,697, It is recommended that the Annual Appropriation Ordinance be amended to reduce the Genera). Fund by the amount of the salary savings. To this end, an ordinance is attached for consideration by the City Commission,