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ORDINANCE NO. 2015 - get, AN ORDINANCE OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, ADOPTING AN OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL f 1YEAR COMMENCING OCTOBER 1, 2015 THROUGH SEPTEMBER 30, 2016, PURSUANT TO SECTION 200.65, FLORIDA STATUTES; AUTHORIZING EXPENDITURES OF FUNDS ESTABLISHED BY THE BUDGET; AUTHORIZING ENCUMBRANCES; ' AUTHORIZING ISSUANCE OF CHECKS; PROVIDING FOR GRANTS AND GIFTS; PROVIDING FOR LOCAL AND FEDERAL LAW ENFORCEMENT TRUST FUNDS; PROVIDING FOR! POST AUDIT; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Manager has presented to the City Commission a' operating budget for the fiscal year commencing October 1,2015 and the City Commission hasHscheduled a public hearing required by Section 200.065, Florida Statutes,to be held on September 15; 2015, at 5:30 p.m., which hearing was duly noticed by the Property Appraiser and the City as requiredTby law; and WHEREAS, the second public hearing as required by law had been scheduled for September 24, 2015, which hearing was properly advertised and noticed as required by law, giving the public and all interested parties an opportunity to address their comments to the City Commission and, the City Commission having had an opportunity to review and approve the tentative !budget, as deemed appropriate, and having considered the comments of the public regarding the tentative budget and having complied with the "TRIM" requirements of the Florida Statutes; NOW THEREFORE,BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. First Public Hearing: Operating and Capital Improvement Budget'The operating and capital improvement budget, attached as Exhibit "A," as presented by the City Manager, and as amended by the City Commission,be and the same hereby is tentatively adopted atifirst reading,subject to final adoption and amendments, as provided by Section 200.065, Florida Statutes(second reading). Section 2. Second Public Hearing: Operating and Capital Improvement Budget. The final public hearing to adopt a budget for the fiscal year commencing October 1, 2015 through September 30,2016, set for Thursday, September 24, 2015, at 5:30 p.m., at 18070 Collins Avenue,'Sunny Isles Beach, Florida, as previously reviewed and approved on September 15, 2015, by the City Commission and adopted first as the tentative operating and capital improvement budget, be, and the same, is hereby adopted by the City as its final budget for Fiscal Year 2015-2016 pursuant to Article 4.5 of the City Charter. Section 3. Expenditure of funds appropriated in the budget authorized. Funds may be expended by, and with the approval of the City Commission in accordance with the provisions of the City Charter and applicable laws. Funds of the City shall be expended in accordance with the appropriations provided in the budget adopted by this Ordinance and shall constitute an appropriation of amounts specified therein. 02015-Operating and Capital Outlay Budget FY 2015-16 Page I of 3