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ORDINANCE NO.2025 - 6+ <br />AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES <br />BEACH, FLORIDA, AMENDING ORDINANCE NO. 2024-618; APPROVING BUDGET <br />AMENDMENT NO. BA2425-07 TO THE CITY'S OPERATING AND CAPITAL <br />IMPROVEMENT BUDGET FOR THE 2024-2025 FISCAL YEAR; AUTHORIZING THE <br />CITY MANAGER TO DO ALL THINGS NECESSARY TO IMPLEMENT THE TERMS <br />AND CONDITIONS OF THIS ORDINANCE; PROVIDING FOR AN EFFECTIVE DATE. <br />WHEREAS, in accordance with Sections 200.065 and 166.241, Florida Statutes, and the <br />City Charter, the City Commission adopted the budget for Fiscal Year 2024-2025 ("Budget") by <br />Ordinance No. 2024-618; and <br />WHEREAS, the City's Finance Director has determined a need to amend the Budget to: <br />(1) record routine transfers between existing budgeted accounts to account for actual <br />expenditure needs for FY 2024-2025; and (2) reduce budgeted funds allocated for employee <br />health insurance as there was no increase in premium rates following the March renewal. This <br />adjustment reflects the cost savings realized unless those funds were reallocated to offset <br />increases in other budget line items as detailed by narrative items A and B; and <br />WHEREAS, the City Commission has determined that it is necessary to amend the <br />Budget, as set forth in Exhibit "A", based upon the review and analysis provided by the Finance <br />Director. <br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF SUNNY <br />ISLES BEACH, FLORIDA, AS FOLLOWS: <br />Section 1. Incorporation of Recitals. The foregoing "WHEREAS" clauses are hereby ratified <br />and confirmed as being true and correct and are hereby made a specific part by this Ordinance <br />upon adoption hereof. <br />Section 2. Budget Amendment. The Budget for Fiscal Year 2024-2025 adopted by <br />Ordinance No. 2024-618 is hereby amended as Amendment No. BA2425-07 to reflect the <br />revisions in Exhibit "A". All other terms and conditions of Ordinance No. 2024-618 not <br />otherwise amended by this Ordinance shall remain in full force and effect. <br />Section 3. Authorization of City Manager. The City Manager is hereby authorized to take all <br />actions necessary to implement the terms and conditions of this Ordinance. <br />Section 4. Effective Date. This Ordinance shall be effective ten (10) days after adoption on <br />second reading. <br />@BCL@1C18B83A Page 1 of 2 <br />92 <br />