2010-0914 1st Budget Hrg - Special Commission Meeting

Home Browse Search

Summary Minutes: Special City Commission Meeting September 14,2010 First Budget Hearing Sunny Isles Beach, Florida offset that with a decrease in the Capital Outlay, those one time expenses, but we do have enough funding for vehicle replacements, as well as computer replacements and software upgrades. In addition, during the year we are now recognizing the first debt service payment for the $15 Million debt, that has increased and the offset to that is a transfer to the Capital Improvement Program, and so we have managed our increases by reducing other costs. With that 1 % increase the Commission has allowed us to still have major accomplishments, to continue to provide community and cultural events, and to develop a budget that will sustain a City with its amenities and the aesthetics that our residents have come to enjoy. Capital Improvement Program: The Capital Improvement Program consists of three capital funds: 1) General Capital Improvement Program Fund; 2) 2010 Capital Improvement Program Fund which consists of the $15 Million funding from the Bond; and 3) Stormwater Capital Fund which is funded by the $3.5 Million fund. There are new projects that are coming on line that are being funded which includes: the Intracoastal Park; the Newport Fishing Pier; and the North Bay Road Drainage Projects. The other projects that have been budgeted are continuing projects that have been reallocated for funding. Public Speakers: none Mayor Edelcup said that everyone has studied the book and through the fact that we had a series of workshops that we started doing two years ago, we have simplified the whole budgetary process. Mayor Edelcup commended staff for doing a great job of putting the budget together and walking us through all the sessions we had. Vice Mayor Thaler noted a typo in the Resolution heading, it states 2010/2009, when it should be 2010/2011, City Clerk Hines read the correction into the record. City Attorney Ottinot said that the Resolution and Ordinance can be heard together with a single roll call vote. Vice Mayor Thaler moved and Commissioner Brezin and Commissioner Goodman seconded a motion to approve the resolution, as amended. Resolution No. 2010-1598 was adopted by a roll call vote of 5-0 in favor. 3B. Budget Ordinance (Public Hearing) An Ordinance of the City Commission of the City of Sunny Isles Beach, Florida, Adopting an Operating and Capital Outlay Budget for the Fiscal Year Commencing October 1, 2010 through September 30,2011, Pursuant to Section 200.65, Florida Statutes (Trim Bill); 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. Action: City Clerk Hines read the title. Vice Mayor Thaler moved and Commissioner Brezin and Commissioner Goodman seconded a motion to approve the proposed ordinance on first reading. The motion was approved by a roll call vote of 5-0 in favor. Second reading, public hearing will be held on 3