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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #18902 Date: 02/19/2026 Commission Meeting Date: 04/09/2026 Requesting Department: Office of Management and Budget Sponsored By: District Impacted: All Type: Resolution Subject: Approve - Capital Budget Amendment - Fiscal Year 2025-26 Purpose of Item: TO DE -APPROPRIATE, RE -APPROPRIATE, AND APPROPRIATE FUNDS FOR EXISTING AND NEW PROJECTS, AMENDING THE FISCAL YEAR 2025-26 MULTI- YEAR CAPITAL PLAN ADOPTED WITH MODIFICATIONS ON SEPTEMBER 25, 2025, PURSUANT TO RESOLUTION NO. 25-0412. Background of Item: The Office of Management and Budget, along with other departments managing capital projects, has reviewed projects that are either completed with remaining balances or deemed lower priority. We recommend reallocating funds from these projects to higher - priority initiatives. To implement these changes, an amendment to the existing Capital Plan, adopted as Resolution No. 25-0412, will be necessary. Budget Impact Analysis Item is NOT Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: CIP Project No: Various Office of Management and Budget Office of Management and Budget City Manager's Office Legislative Division City Manager's Office Office of the City Attorney Office of the City Attorney City Commission Office of the Mayor Office of the City Clerk Legislative Division Office of the City Attorney Office of the City Attorney Office of the City Clerk Reviewed B Marie Gouin Lai -wan McGinnis Erica T. Paschal Valentin J Alvarez Natasha Colebrook -Williams Xavier Alban George K. Wysong III Nicole Ewan Mayor's Office City Clerk's Office Valentin J Alvarez Xavier Alban George K. Wysong III City Clerk's Office Department Head Review Budget Analyst Review Assistant City Manager Review Legislative Division Review Completed Completed Completed Completed Approved on behalf of the City Manager ACA Review Completed Approved Form and Correctness Completed Meeting Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Legislative Division Review Completed Deputy Attorney Review Completed Approved Form and Correctness with Modification(s) Rendered Completed 03/27/2026 4:47 PM 03/30/2026 11:12 AM 03/30/2026 12:05 PM 03/31/2026 3:44 PM Completed 03/31/2026 8:28 PM 03/31/2026 8:34 PM 04/09/2026 9:00 AM 04/16/2026 4:45 PM 04/16/2026 4:55 PM 04/20/2026 4:54 PM 05/28/2026 3:58 PM Completed 06/02/2026 7:26 PM City of Miami Legislation Resolution Enactment Number: R-26-0165 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 18902 Final Action Date:4/9/2026 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS, REALLOCATING FUNDS, IN THE TOTAL AMOUNT OF THIRTY-FOUR MILLION FOUR HUNDRED THREE THOUSAND NINE HUNDRED SIX DOLLARS AND SIXTY- SEVEN CENTS ($34,403,906.67) ("FUNDS") FROM CERTAIN PROJECT(S) IN THE CITY OF MIAMI'S ("CITY") FISCAL YEAR 2025-26 MULTI -YEAR CAPITAL PLAN ADOPTED ON SEPTEMBER 25, 2025 PURSUANT TO RESOLUTION NO. R-25-0412 ("CAPITAL PLAN"), AND RE -APPROPRIATING SAID FUNDS TO CURRENT AND/OR FUTURE CAPITAL PROJECTS, ALL AS SET FORTH IN EXHIBIT "A," ATTACHED AND INCORPORATED; THE USE, ALLOCATION, AND APPROPRIATION OF FUNDS IDENTIFIED HEREIN, ARE SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS AND THE RECEIPT OF ALL NECESSARY APPROVALS, INCLUDING, BUT NOT LIMITED TO THE CITY ATTORNEY AND BOND COUNSEL APPROVAL; FURTHER APPROVING THE CITY MANAGER TO MAKE ANY CHANGES TO ADJUST, AMEND, AND APPROPRIATE THE CITY'S OPERATING BUDGET, FIVE-YEAR FINANCIAL PLAN, STRATEGIC PLAN, MULTI -YEAR CAPITAL PLAN, AND ANY OTHER DOCUMENTS AS NECESSARY AND APPLICABLE, PURSUANT TO THE PROVISIONS OF THIS RESOLUTION; RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS BY THE CITY MANAGER AND DESIGNATED CITY DEPARTMENTS 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; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, except for such changes as set forth herein, all previous appropriations remain authorized to continue as previously approved City of Miami ("City") capital projects (new, revised, and continued projects collectively, "Projects") according to the Fiscal Year 2025- 2026 Multi -Year Capital Plan adopted on September 25, 2025, pursuant to Resolution No. R-25- 0412 ("Capital Plan"), as amended; and WHEREAS, it is now necessary to reallocate funds in the total not to exceed amount of thirty-four million four hundred three thousand nine hundred six dollars and sixty-seven cents ($34,403,906.67) ("Funds") from certain project(s) in the City's Capital Plan, and re - appropriating said Funds to current and/or future capital projects, all as set forth in Exhibit "A," attached and incorporated; 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 thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Commission hereby approves and authorizes the City Manager to reallocate funds in the total not to exceed amount thirty-four million four hundred three thousand nine hundred six dollars and sixty-seven cents ($34,403,906.67) ("Funds") from certain project(s) in the City's Capital Plan, and re -appropriating said Funds to current and/or future capital projects, all as set forth in Exhibit "A," attached and incorporated. Section 3. The allocation and appropriation of the funds referenced herein are subject to all federal, State, and local laws that regulate the use of such funds and the receipt of all necessary approvals, including, but not limited to the City Attorney. Section 4. The City Manager is authorized' to make any changes to adjust, amend, and appropriate the City's Operating Budget, Five -Year Financial Plan, Strategic Plan, Multi -Year Capital Plan, and any other documents as necessary and applicable, pursuant to the provisions of this Resolution. Section 5. 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 6. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: ge = . Wyy ng III, C y tor -y 3/31/2026 1 The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to, those prescribed by applicable City Charter and City Code provisions. 2 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.