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3/11/2015 Item Cove/sheet <br /> S,NNY rs`F Ci <br /> r City of Sunny Isles Beach <br /> ,- - cr_ -, 18070 Collins Avenue <br /> or ..... <br /> Z Sunny Isles Beach, Florida 33160 <br /> 4 <br /> . "' '.'R\*P •�• (305)947-0606 City Hall <br /> 'C, FL° aos (305)949-3113 Fax <br /> !r o. us A <br /> MEMORANDUM <br /> TO: The Honorable Mayor and City Commission <br /> VIA: Christopher J. Russo, City Manager <br /> FROM: Audra K. Curts-Whann, Finance Director <br /> DATE: 3/19/2015 <br /> An Ordinance Amending the 2014-2015 Budget to <br /> adjust the General Fund, Street Maintenance & <br /> RE: Construction Fund, Building Fund, Capital Fund, 2011 <br /> Capital Projects Fund, 2010 Capital Projects Fund, <br /> Stormwater Fund and Stormwater Capital Fund. <br /> RECOMMENDATION: <br /> Staff recommends the City Commission approve the Ordinance. <br /> REASONS: <br /> The budget is being amended for the following reasons: <br /> • To carry over final audited fund balances as of September 30, 2014 <br /> • To carry over projects and purchase orders as of September 30, <br /> 2014 which require reappropriation of fund balance <br /> • To transfer balances between projects based upon prioritized needs <br /> • To transfer balances between projects for tracking/component <br /> purposes <br /> • To reflect additional budgetary needs identified <br /> The budget amendment is necessary to properly reflect audited <br /> balances for fiscal year 2013/2014 as finalized by the annual financial <br /> audit presented to the City Commission by Keefe McCullough. <br /> ht tpl/survryisles.novtsagerda.com/CoverSheet.aspx?ItemID=1593 1/2 <br />