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rrr 4F 501A <br />TO: <br />VIA: <br />FROM: <br />DATE: <br />RE: <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br />(305) 947-0606 City Hall <br />(305)949-3113 Fax <br />MEMORANDUM <br />Honorable Mayor and City Commissioners <br />Stan Morris, City Manager <br />Tiffany Neely, Finance Director <br />November 20, 2025 <br />Approval of Budget Amendment BA2425-07 for Fiscal Year 2024-2025 <br />RECOMMENDATION: <br />Staff recommends approval of this ordinance. <br />REASONS: <br />This budget amendment is necessary to record the following transactions: <br />A. Record routine transfers between existing budgeted accounts to account for actual expenditure <br />needs for FY 2024-2025. <br />B. Reduce budgeted funds allocated for employee health insurance as there was no increase in <br />premium rates following the March renewal. This adjustment reflects the cost savings realized <br />unless those funds were reallocated to offset increases in other budget line items as detailed by <br />narrative items A and B. <br />ATTACHMENTS: <br />Ordinance <br />Budget Amendment BA2425-07 <br />Item Number: 8.1) <br />91 <br />