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HomeMy WebLinkAboutMiami Sports and Exhibitions AuthorityCITY OF MIAMI OFFICE OF THE MAYOR MEMORANDUM TO: Emilio Gonzalez, City Manager 0 i FROM: Francis Suarez, Mayor/Chairman of the Miami Sports and Exhibition Authority DATE: lune 15, 2018 RE: The Miami Sports and Exhibition Authority Fiscal Year 2016/17 Annual Report 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. 1 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 antliorit THE MIAMI SPORTS AN EXHIBITION AUTHORITY ANNUAL REPORT FOR FISCAL YEAR 2015/17 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to Ordinance No. 9662, adopted July 28, 1983, in connection with former Florida Statute Section 212.057 (1983) (now repealed and superseded by Florida Statute Section 212.0305 [Convention Development Taxes]), to promote sports, conventions, and exhibitions and to strive to generate community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 Requesting Department: Miami Sports and Exhibition Authority Commission Meeting Date: 01/12/2017 District Impacted: Type: Resolution Subject: Amend Budget - MSEA Purpose of Item: 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 Off ce of Management and Budget Christopher M Rose City Manager's Office Daniel J. Alfonso Legislative Division Valentin J Alvarez Office of the City Attorney Barnby 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 12/1912016 2:55 PM Completed 12/1912016 4:13 PM Completed 12/21/2016 6:05 AM Completed 12/30/2016 2:04 PM Completed 12/30/2016 2:25 PM Completed 01/0312017 11:30 AM Pending 01/1212017 9:00 AM Op lP City of Miami * II 11. 1_115I[S :F Legislation Resolution File Number: 1494 City Hall 3500 Pan American Drive Miami, FL 33133 www,miamigov.com 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 ($444,538.00) attached and incorporated as "Exhibit B", for the operations and capital expenditures of MSEA, for Fiscal Year 2016-2017, is approved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.! APPROVED AS TO FORM AND CORRECTNESS: 1 jrda$cdeVz, ity Attolt ey 113/2017 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 ccs 4M� C'c An. ,t lig• File dumber: 16-01135 Final Action Dafe:916/2016 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, 1988, 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 Cade, 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, 2015; 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 :Vfiand Page 1 of 2 File Id: 16-01135 (°ersiom 2) Priiared On: 12/30/2016 0 C i ty of Miami City Hall 3500 Pan American � Drive Legislation Miami , FL 33133 www,miamigov.com Resolution: R-16-0394 File dumber: 16-01135 Final Action Dafe:916/2016 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, 1988, 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 Cade, 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, 2015; 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 $150,538.00, for the Operations and capital expenditures of MSEA, for the Fiscal Year commencing October 1, 2016 and ending September 30, 2017, is approved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {1 } City of :Vfiand Page 1 of 2 File Id: 16-01135 (°ersiom 2) Priiared On: 12/30/2016 0 File Number: 16-01135 Footnotes Enactment Vrrrrrber R-16-0394 {1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of "Via ofi Pune 2 of 2 File Id: 16-01133 (Version: 2) Printed On: 1213012016 City of Miami City Haff 3540 Pan American Drive Miami, FL 33133 wwwmiamigov.com AIN. I$g.It Meeting Minutes Tuesday, September 6, 2016 5.05 PM First Budget Hearing City Hall Commission Chambers City Commission Tom ds Regalado, Mayor Keon Hardemon, Chair Ken Russell, Vice Chair Wifredo (Willy) Gori, Commissioner District One Frank Carollo, Commissioner District Three Francis Suarez, Commissioner District Four Daniel J. Alfonso, City Manager Victoria Mendez, City Attomey Todd S. Hannon, City Clerk City Commission Meeting Minutes September 6, 2016 B.15 RESOLUTION 16-01135 Afitand Sports & A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH Exhibition Aulhorhly 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 Carotlo, that this matter be ADOPTED WITH MODIFICATIONS PASSED by the following vole. Votes_ Ayes: S - Corninissioner(s) Gerd, Russell. Carotlo, Suarez and .i-iardernon R-16-0394 Chair Hardemon_ B11.1j- Lourdes Blanco: Good everting, Commissioners, My name is Lourdes Blanco, a sec'rttive director, ddiami Sports � Bxhibitiotr.�uthority. 4rrdlcrvr lrer�+ requestingthat you appr�rve the kIlami Sports & E-rhibilion Authoritn= operating budget for fiscal year 2016-2017 as presented la you, Commissioner Suarez: ,tfove it. Choir 1lmdeuron: It's been properly moved and — Commissioner Carollo: Second. Discussion. Chair 1lardemon: -- seconded Yo e re recogrri_ed for discussion. Canrrrrissioner Carollo; Thank you. fir. Chairman. ally question is, why does she have the reserves in mverrues she doesn't have the expendilures s In other words, she has moved the amounts as revenue, but she's not showing horn she's going to expense those amount. bfs. Blanco: It's a wrong wording in the line, sorry. It was firm the previous executive director. Commissioner Caroller: Right, but von could leave it in reserves. You don't really need to show it as a revenue, ifvou're not going to shorn an expense for it. e1?Ls. Blanca: Mo, no, I understand` These are the funds that we have in that account to give the grants. This is inhere tine gei the experrse.s. and this is where we prat the monies. Conunissioner Carollo: Give me a second, ALTs: Blanco. e11r. Rose, will von help her? Christopher Rose (Director. 01)ice of Hanagement & Budget): If I may have a moment' Commissioner, it's just rolloverfrom prior years rip on the third line tip there, and they don't have a reserve built into the budget in fiscal year '161'17 , so it's just showing what the reser -- what the rolloverf nrn prior years would be. Commissioner Carollo: Can you 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 ihousand of what' N d1 you .show that? Ciro of:y+arrri ]'4W 2 Printed on 12 29 JO 16 City commission Moeting Minutes September 6, 2016 Mr. Rose: So what you're suggesting is a balanced budget. We couldfial have 107 lip at the top in rt venues -- Commissioner Carollo: Right, k1r, Rose: -- to match the 107. Commissioner Carl: Rollover. Commissioner Carollo: 0hich - you won't — you still iront, because I believe the amountsfivin Chalks and Watson will actually be morn than the 107, so You still wont have a balanced budget; but yes, I'm asking. in essence, can you have a balanced bud et? it-fr. Rose: ffyou could — Caminissioner Carollo: Nis. Blanco, by the ivqK it's nothing thatymi've done wrong. Its, Blanco: No, no. Commissioner Carollo: Just relax, Itsjust — ive-just want to make stere we get b7fa proper accounting -- YWY- Bianco: I understand. Commissioner Carollo: -- procedvivs and -- Us. Blanco: Yeah Commissioner Carollo. — the stay you show it, Nfr- Rose: Commissioner, if I may, ifyou would give us five minutes, we'll make a quick change and come right back to you Is that all right? Canunissioner Carallo: Yeah. Mr, Rose: Is that all right, Nfr. Chair? Chah-Hardemon: That's fine. Thank you very inuck Mr. Rose: Thankyou. Commissioner Carollo: niankyoze, Later.. Chair Hardeinun: BH. 15. Can we tackle her? Mr. Rose: Good evening, Commissioners, Chris Rose, Office of1fanagement & Budget. his. Blanco and f have gone over the USEA (Ifiami Sports & EvAiihition Authoritt-9 budget, and well like to offer the following changes. if they're acceptable to you: We would take off the third line of revenues, thereby reducing the USE budget by 294,000, and taking only the near revenues, which are lines one and hvo. 77ioseftvotogether total l.5Oj38. Andio balance the expenditilres then to bring it zip to 150,538, five would need to add a line reserve of 42,730. 7h0twould present a balanced budget at That point, Commissioners. A intedon 1129 2016 City Commission Meeting Minutes September 6, 2016 Commissioner Corollo: Thank you. .1Ir. Chairman_ I'm sorry, N/r. Chairman. Chair Hardamon: Yeah, you're recognized. Commissioner Carollo: Thank volt, Mr. Rose. Yeah. And that's why I wanted to have a -- make sure there was a balanced budget, :its. Blanco, Us. Blanco: Thank You. Commissioner Car cillo: So I'm glad ;Gtr. Rose was able tohelpyou out. And just to — fbr the record, that reserve of 42 — I fingot what the anrotmt is -- it's intended to go as a Carryover into the reserves, correct' ft's not intended to be used Chair Hardemon: All right Comrni.ssionerGort: klove it. Cormnissioner Carollo: Could you just say it? koh_ Ms. Blanco: Yeah, Commissioner Corolla: Second. Chair Hardemon:.411 right, there was a previous motion and a second that was on the floor, so I just wanted the motion to be clear that it is as -- the budget is as amended, correct? Ur. 4t onso,- Yes. Commissioner Carollo: As amended on the floor. Chair Harclemon: Correct. ,?ivfiwher disciasion? Seeing none. all infavor, sqv dye." The Commission {Colleedvelyj: .4 -Ye. Chair Hardernon: Against:' Commissioner Gorr: Let me give you some news. Chair Hay -demon. Hotion passes. Commissioner Gort: l doral know ifyou'reatvai-e; 11re PGA (Professional Golj'Associalion) Latino, which is the best 60 gofers, is going to be at Xleh eese in -- excuse me -- firm dltovetnber 20 -- f\'ovember 28 through December ?. So they're going to be pinving here, the 617 best goers' from South and Central ilmerica, and the have the contract for the nest three years_ 11s. Blanco: Thank -You. 0tv of.kttrrrul Prig" t Printed an 12 w9 21116 THIS DOCUMENT 15 A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. MIAMI SPORTS AND EXHIBITION AUTHORITY Cify of mi,r„i Ra+renuasM ,1:r„peneilnrt; $o $x,ioa 5.646 -$694913. iSlesuol sat566,46954 Printed'. 9161'016 7;15 PM Page 1 of 1 FY P011-13 Artiral FY 7013-34 Acnral pY 1011 16 Anual FY I075 16 Budyal FY Pi11S-I6 Fro}cAion FY 7416-17 P! finied t";2.0o(I Pifiprenco Natnx w572.04:l —Walton Island ideIi wrt Lcrr Iffenon .__.M,000 54S own su,536 +S78.5si! WEA R.7vve Fwn4/Noni'tenr-rrrive F..i-i; 566,4no Slit 9P,n 569.0n0 5499 81}9 Revenue Grand Total 66 no 566,G586,4110 Wow $4 3:47,So4 1So,518 $i50.s38 54 R.r tsrsralaryankwakes aS.Rna $2anOQ $sn,nrxl- 53o,44a $3?i,os9 $sn.nnlr. ,$24).ono Frin�e 0enoilri $3,600 ;G,BaU $R,Ain ili,YUO $9.0!313 452!YI FICA Tsars _ $i,3C10. $i, 300 $9,8.5 e$2,5..2 5 fietharnent C4ntnhuttnn< Liar ane Health inivrante $5�0ofl '�._...,.— :5,4(Nl 55,490 55.4110 ju Wartrers`Cam aruoiion _ ��� pratessional $ew""s - LOOM Profoaitanal Serviret $15,a00 5s,19r Ss:rnn 3rnn 5699 9x60 -SIoa Accountln and Midi $15,000 _ __. $-,i [Vic, $t/r, 60 $1B,30p _ $18,304 575333 t$33 Orher Carnraetuai Smavitex Traval and Per Siam $1,3130 $t,Fnln $4,240. con Imuniratinna and Related Surv,et 5A,604 S?IM', _.. _ $4044 i slm •5141 m Pottage_ jinn $iot> $toa sLIN 5o -5go Uliili Rentarl% arai Leases Iruuranca ._,tontiq andflindin $.25,(109 51.7,ow MU $_i6,noo _ $ton 513,000 _ SIM ,i P3.nC1.i Sing 8.5G4 '104 •$c,511B 54 Aelvertlstr,q and Rolated C _. _ ~� 47?11ce 5uapnex $eitl4 5344 5�n0 244 739 5100 50 Ooemtinm.5u pllec inn Motar Fuel Puil6t Sale 5u ties Subs:ri [tans Mernh»rsha a, arri Litensrs $inn $500 5°sw 55,74 5sao $a Interf and Trantfxr - c,111 4100 Capital Prolett9 onsi Pulth.so All Other Eapeneilures $Ono. $too ..._.._ 57,1{7 $11,101 511,100 511.500 .5799 R.11,Nar _ 542./iU ,$42.730 Fa ondltilre rrand Tarn $66,000 $63,900 561444 $69#444 S89.On4 5154.178 Sal's otio. .�- Ra+renuasM ,1:r„peneilnrt; $o $x,ioa 5.646 -$694913. iSlesuol sat566,46954 Printed'. 9161'016 7;15 PM Page 1 of 1 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. 4LA01 1 $DOORS AND EsYITIBITION AUTHORITY Proposed Budget FISCAL YEAR 2016-2017 FHel�porVSeapianle Proposed cS C RI PTI0 N 2016.2017 Budget Base R Rent VSEA Reeerse Punds;Ncn Rastricb've Funds TOTAL REVENUE 444,53s 1:. Payroll, Taxes a€€d Benefits R _ _ COMPENSATION AND BEN—=FITS I Executive Direct®r 5c,: 2 ins jrar#ce-health, lie, disability ar SS1State!F:.deral Taxes, 1„ edlicare Toad PHyruli, Taxes and Bencfits 58,E _ 11.Operi inn, VxpensEs I 5 r3usln ss 111e:?ti^� Exponsas ,,�e-� 6 Communications and related services 7 ,: Contingencies �UaNli nnLti 8 Gensre}'nsurance & Ds ecWs y Irsurance 9 Car Abwanca 10- Me nbershIps[Subscripi:ors s 11 ri:'`i ce Sipplles and Opi-ating supplies `2:Wi' ,r; ouseiS torago 4, _ 13 P,-Oriarj able PC Allowance 14 Print€ng 1 "? kc PC -stag; _ TOTAL OPERATING EXPENSES X9,7 C" III. .I'itO:�ESS�QiVAL Si;ItV'tCES 16 Audit 17 reank.Services .• 5 7c It AC.Countinq SaiVices TOTAL PROFESSIONAL SERVICES t�,s33 TOTAL. OPER&TING EXP".EASES 147,403 IV. CAPITAL F'XPRI -D('I U RFS 19 OR ,CE EQUIPMENT PURCHASES tec TOTAL CAPITAL EXPENDITURES _ _ _ 400 l 'TOTAL OPERATLNG BUI}G T W-1 CriT'>-"> AU E `L ENDITUR S 947;808 xcess4 shor e }ripBevancoomExpenses 337,130 SUBSTITUTED MIAMI SPORTS AND EXIIInITION AUTHORITY City of rvlhmi Y�v 12.13 A"". A C1 „1lks HautEA s9 tar LC [Y 2013 14 h� 1)) 1 �s 'I. .,f f'V 211�s 1� 711, 1j 78-x;, x5781, ik ,539 _R?Vm�Sidi,v —d Vi�tr.j_ Fringe liorftfits "4�1, COW o" We WRF CSS Ow-- Lo —Fr" "i riss I o- 1 5 a rw tr mv All Iffn $18.1m $3u,3 'A I VaVO and Per ulawST.V C.mmurk-m-m an Wed Sim +$IGO Pnm�+a 53fin SA Gil RKI 5114) uOlity L onrak and Le�.s Inwanto fie wid R sko WO S2W W Skib-mripLinn t, MomNohipv, and Lf�nses $200 intm, Imi Tawfet All 05w FkV*nc5i,­$ -im I, if", -sli ILI, 07,M)R L It) VMAW.169:16ANI V.g. I r 1 � '*")UBSTITUTED TIT MLAdviI SPO RTS AIa D 'Ir -ffIBI I- ION AUTHORITY Proused Budget FISCAL YEAR 2010-2017 Proposed DESCRIPTION 2016-2017 Budget RE, VLNU.ES HeliporbSeaplane Base F Rent :MSEA Raser;e urdslidan Restrictive Puns TOTAL REVEN I 444,5 j 1. Payroll, Taxus till C1 Bene tits COMPENSATION AND BEMER T S 1 Executive Director so,c c 2 Insurance-heak'ni, life, disability 5 Geo W SSIStatelFedlet] .faxes. Medicare 3,82v Total Payrall,Taues and Beuerits 58:82a 11. Operating Expenses -� 5 Business Meeting Expenses 5 Go nrnunicaiio �s art.d relatadl services 1 7 ContingencteS S,Gv General I ,-surance €: Directcrs I"iabi' , Irs.;rance .8,5,"o g Car Allowance 10 Mernbe:°si ipaSubscripLWS neo .11 Office Suppllie5 and OPerath ..v_ipplies 2 goo 12 ' tJJa;ehouse'S(nrage ...:, 4,300 �3 Phone; E able PC A.I!G rar' e 1µ Pnn tng tUo i v Poslagp 10 TOTAL OPERATING PENSEE 29,7a,0 III. PROIMSSION A _ SER'VTCTS 16 Audit 1a,oa0 1$ Amour :rig Serylces.. 8,33s TOTAL OFESSIONAL SERVICES j 18,°33 IOTA : OPERA ING E, XPE SES 107,408 I ` QJ0ITAL L,_ Pr,NW)fffTR,S a OFFICE EQUIPMENT PURCHASES =:Gu -20 Fuvn it:re & FlA res ." TOTAL CAPITAL. EXPENDITURES 4ou ` 'OT.AL.OHRATING BLTDGLT Vi CAPITAL EXPENDITURES 107,808 Excess( shat age) of Revenue eves Expenses 337,13E MIAMI SPORTS AND EXHIBITION AUTHORITY City of Miami Revenues Minus Expendlturas $0 $2,1001 $5,0001 489,006 $518,500 $0I -$518,500 $o hi b i r 4J Printed- 12/29/2016 2:22 PM Page 1 of I FY 2012-13 Actual FY 2013.14 Actual FY 201445 Actual FY 2015.15 Budget FY 2015-16 Projection FY 2616-17 Proposed VII Motes Raveriue$ _ . Chalk's/ Nautilus Enterprises LLC $72,000 $72,000 �_ . ..... $Q Watson Island Heliport Car oration $45,600 78,538 -$32,83$ PrlorYear Rollover $66,006 566,000 $89,600 $484,900 $294,660 •5195,900 $8,800 $8,800 $91000 t$200 FICA Taxes .�_ $1,300 $1,300 $3,825 +$2,525 Retirement Contributions Life and Realth lnsurancc $5.000 $5,G00 $5,000 $5,000 $a Revenue Grand Tutat $66,o00 $b6,pOp $89,000 $0 $607,500 $444,538 $162,962$0 Revenues Minus Expendlturas $0 $2,1001 $5,0001 489,006 $518,500 $0I -$518,500 $o hi b i r 4J Printed- 12/29/2016 2:22 PM Page 1 of I fla ular Salary and Wages $5,000 _..$20,000. $30,000 590,000 3(1,000 $50,000 1-$20,000 Prin a Benefits $3,600 $4,800 $8,800 $8,800 $91000 t$200 FICA Taxes .�_ $1,300 $1,300 $3,825 +$2,525 Retirement Contributions Life and Realth lnsurancc $5.000 $5,G00 $5,000 $5,000 $a Workers' Com nsation Professional Servicas- Legal Professional Services $15,600 $5,100 $5,000 $600 $500 $560 _Sim Accountl nZ andAuditl $15,000 $13.000 $14.000 $18,300 $18,300 $18,333 +$33 Other Contractual Services Travel and Per Diem $1,300 $1,600 $4,200 Communications and Re€ated Services $3,600 $2,400 _ $4,000 $100 -$100 Pastae $100 $100 $100 $100 $50 -$50 Utility Rentafs and Leases Insurance $25,006 $17,000 $16,000 $13000 $13,000 $8,5013 -$4,500 Printing and Binding $1pp $100z $..p0 $100 5100 $0 Advettislng and Related Costs Office Supplies $600 $300 $200 5200 $200 $200 50 Oj3eraring Supplies $500 Motor Fuel Public 55fety SupR!ies Subkelpuon$, Memberships, and Licenses $200 $300 $500 $500 $500 $0 Irterfund Transfer $400 �54p0 Capital Projects and Purchases All Other Expenditures 5400 SIIX7 $lOG $11,100 $11,100 $348,030 +5336,930 Ex .n ,tune Grand Total $66,0001 $63,906 $84;000 $89,000 $89,000 $444,538 $355,538 $0 Revenues Minus Expendlturas $0 $2,1001 $5,0001 489,006 $518,500 $0I -$518,500 $o hi b i r 4J Printed- 12/29/2016 2:22 PM Page 1 of I y r FiiR_gltfi : AGENDA ITEM SUMMARY FORM °T File ID: #2830 Date: 08/11/2017 Requesting Department Exhibition Authority Commission Meeting Date: 09/19/2017 District Impacted: Type: Resolution Subject: Approve Annual Budget FY'18 - MSEA Purpose of Item: Miami Sr)orts and 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 By 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 Christopher M Rose City Manager's Office Alberto N. Parjus City Manager's Office Fernando Casamayor Legislative Division Marta Gomez Office of the City Attorney Xavier Alban Office of the City Attorney Barnaby L. Min Office of the City Attorney Victoria Mendez City Commission Nicole Ewan Lourdes Blanco Department Head Budget Analyst Review Completed 08/15/2017 3:59 PM Budget Review Completed 08/16/2017 7:59 AM Assitant City Manager Review Completed 08/1612017 1:16 PM City Manager Review Completed 08/16/2017 3:53 PM Legislative Division Review Completed 08/16/2017 7:50 PM ACA Review Completed 0812412017 2:00 PM Deputy City Attorney Review Completed 08124/2017 2:12 PM Approved Form and Correctness Completed 08128/2017 2:23 PM Meeting Completed 09114/2017 5.05 PM Op iT City of Miami City Hall Legislation 3500 Pan American Drive Miami, FL 33133 ra t Resolution 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.' ' 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: 1 Uri dez, ity ttor ey 8/28/2017 To: Honorable Mayor and Members of the City Commission August 9'J', 2017 From: Lourdes Blanco RECOMMENDATION: Subject; Approval of the Miami Sports & Exhibition Authority 2017-2018 Operating Budget for City Commission. meeting September 14`x', 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 18`x', 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 IIL MSEA Operating Budget MIAMI SPORTS AND EXHIBITION AUTHORITY BOARD OF DIRECTORS Mayor Tomas Regalado, Chairman Commissioner Wifredo Gort Commissioner Keon Hardemon Lathan 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. Ex enditures 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 $30,000 $50,000 $50,040 $50,000 $0 Chalks -Nautilus Sea IareBase $72,000 $72,000 $72,000 $72,000 $0 Watson Island heliport $45,600 $78,500 $78500 $80,517 +$2,017 Retirement Contributions Prior Year Rollover $489,900 $294,000 $294,000 $524,633 +$230,633 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 Revenue Grand Total 1 $0 $0 $607,500 $444,500 $444,500 $677,150 $232,650 $0 Ex enditures .... Regular Salary and Wages $30,000 $50,000 $50,040 $50,000 $0 Fringe Benefits $8,800 $9,000 $9,000 $9,500 +$500 FICA Taxes $1,300 $3,800 $3,840 $3,800 $0 Retirement Contributions Life and Fleaith Insurance $5,000 $5,000 55,000 $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 Su lies _ Motor Fuel Public Safety Supplies Subscriptions, Memberships, and licenses $500 $SDO $500 $500 $0 Interfund Transfer $400 $400 -$400 Capital Pro ects and Purchases All Other Expenditures $11,100 $11,300 $11,300 $13,350 +$2,050 Grants $150,000 Reserve $336,7001 $0 $414,700 +$78,000 Expenditure Grand Total $0 $0 $89,0001 $444,500 $107,800 $677,150 $82,6501$0 Revenues Minus Expenditures 1$0 $D $518,500 $0 $336,700 $01 $15Q000 $D Printed: 9/22/20172:32 PM 2830 -Exhibit -SUB Page 1 of 1 SUBSTITUTED MIAMI SPORTS AND EXHIBITION AUTHORITY (MSEA) City of Miami July 18th, 2017 FY 2017 Revenues Ir Chalks -Nautilus Seaplane Base $72,000 Watson Island heliport $80,517 MSEA Reserve Fund Revenue Grand Total $677,150[ Expenditures Ar Regular Salary and Wages JIF $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 Ar $100 Postage $100 General &Liability Insurance/ Board Memmbers $9,000 Printing and Binding $100 Office Supplies $200 Subcriptions, Memberships, and Licens $500 Contingencies z $5,000 Bussiness Meeting Expenses $2,700 Courrier/Delivery $100 Bank Services $550 Iron Mountain Warehouse Arage $4,700 Office Equipment Purcha , (printer) $300 Budget Reserve/GranZ $564,700 If Expenditures Ar $112,450 Total $677,150 8/10/2017 1236 PM Page 1 of 1 SUBSTITUTED MIAMI S►)6' P rq Mpjr% II=VLU vrrnu nreTur.eaa�v •war.r`..r FxA�tditures � S500 $0 Regular Salary and Wages $39,ORp $50,000 II $50 Fringe Benefits $8,800 59,000 9,000 Aso ,000 PICA Taxes $1,300 $3.800 $3,808 $3,800 $p Retirement Cenzrkbutions Life and Health insurance $5,000 $5,000 $5,000 $5,000 $p Workers' Cosnpensatron Professional Services- Legal Professional Services $600 $500 $500 $500 $0 Accounting and Auditing 516,300 518,300 $18,300 $20,300 +$2.900 Other Contractual Services Travel and Per Diem Communications and Related Services §100 $100 $100 $0 Postage Utility 0. 51R0 $300 S1D0 $0 Rentals and teases Insurance/Board McMmbers 513,000 $8,508 $5,5 00 ,500 $9,000 r$540 Printing and Binding $100 $100 5100 $0 Advertising and Related Costs PV Office supplies $2005200 $200 $244 O eratln Su .lies Motor Fuel. Pubrie Safety SuApiies - Sybscriptions, Memberships, and Licenses law,5500 $500 $500 Inmrfund Transfer $500 Sp ,$400. $4D0 $a00 Capital Projects and Purchases Ag Otiter Expenditures 511,100 $11,300 $11,300 $13,354 budget Reserve/GrantsHt;? +52,050 +$228,c00 5232,650 56 $336,700 $336,700 $564,700 EK enditure6randTotal $0 $0 $89,000 $444,504 $464,500 5677,150 SO $D 8/9/2017 5:11 PM Page 1 of 1