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HomeMy WebLinkAboutOrdinance 2015-444 ORDINANCE NO. 2015- Lig q AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA AMENDING ORDINANCE NO. 2014-436; AMENDING THE CITY'S BUDGET NO. BA1415-02 FOR THE 2014-2015 FISCAL YEAR - GENERAL FUND, STREET MAINTENANCE & CONSTRUCTION FUND, BUILDING FUND, CAPITAL FUND, 2011 CAPITAL PROJECTS FUND, 2010 CAPITAL PROJECTS FUND, STORMWATER FUND AND STORMWATER CAPITAL FUND; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO IMPLEMENT THE TERMS AND CONDITIONS OF THIS ORDINANCE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS. in accordance with Sections 200.065 and 166.241. Florida Statutes and the City Charter, the City Commission adopted the Budget for Fiscal Year 2014-2015 (the `Budget") by Ordinance No. 2014-436; and WHEREAS. the City's Finance Director has determined a need to amend the Budget for audited fund balance from Fiscal Year 2013-2014 to Fiscal Year 2014-2015, carryover projects from Fiscal Year 2013-2014 to Fiscal Year 2014-2015, Reappropriation of Funds and additional budgetary needs; and WHEREAS. the City Commission has determined that it is necessary to amend the Budget, as set forth in Exhibit "A", based upon the review and analysis provided by the Finance Director. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1: Incorporation of Recitals. The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part by this Ordinance upon adoption hereof. Section 2: Budget Amendment. The Budget for Fiscal Year 2014-2015 adopted by Ordinance No. 2014-436 is amended as Amendment No. BA1415-02 to reflect the revisions in Exhibit "A". All other terms and conditions of Ordinance No. 2014-436 not otherwise amended by this Ordinance shall remain in full force and effect. Section 3: Authorization of City Manager. The City Manager is hereby'authorized to take all actions necessary to implement the terms and conditions of this Ordinance; Section 4: Effective Date. This Ordinance shall be effective ten (10) days after adoption on second reading. 02015-Budget Amend BA1415-02 FY 2014-15 Page 1 of 2 PASSED AND ADOPTED on first reading this 194 day of FE& 2015. PASSED AND ADOPTED on second reading this q ` say ofMON 2015. George Scholl, Mayor V 0.-.. r ,ATTEST:- j r ,' an do- • m Jane • . H. es,-M, City Clerk -"r APPROVED AS TO FORM AND SUFFICIENCY At fir; /rarer it, C''yAttorney ^^ Moved by: Cwv ert.� !'1ti-ION Second by: Cm'm,m); 1- L.,£Y t 10 VOTE AS FOLLOWS: 5-0 Mayor Scholl (veyes U no Vice Mayor Gatto (%yes U no Commissioner Aelion ayes U no Commissioner Goldman (dyes U no Commissioner Levin (/yes U no 02015-Budget Amend BA 1415-02 FY 2014-15 Page 2 of 2 iii : \ - \ _ {rn 2 _ 2 _ C. /_ ƒ \ @ - : 2 e 2 Cn/ / 0 \ \ \_ 0 \ c \ _! ro / as ( s k / � \ \ \ \ \ - \ \ _ \ Q v 2 § - \ > < \ j _ - Eml E. 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Z Sunny Isles Beach, Florida 33160 4 . "' '.'R\*P •�• (305)947-0606 City Hall 'C, FL° aos (305)949-3113 Fax !r o. us A MEMORANDUM TO: The Honorable Mayor and City Commission VIA: Christopher J. Russo, City Manager FROM: Audra K. Curts-Whann, Finance Director DATE: 3/19/2015 An Ordinance Amending the 2014-2015 Budget to adjust the General Fund, Street Maintenance & RE: Construction Fund, Building Fund, Capital Fund, 2011 Capital Projects Fund, 2010 Capital Projects Fund, Stormwater Fund and Stormwater Capital Fund. RECOMMENDATION: Staff recommends the City Commission approve the Ordinance. REASONS: The budget is being amended for the following reasons: • To carry over final audited fund balances as of September 30, 2014 • To carry over projects and purchase orders as of September 30, 2014 which require reappropriation of fund balance • To transfer balances between projects based upon prioritized needs • To transfer balances between projects for tracking/component purposes • To reflect additional budgetary needs identified The budget amendment is necessary to properly reflect audited balances for fiscal year 2013/2014 as finalized by the annual financial audit presented to the City Commission by Keefe McCullough. ht tpl/survryisles.novtsagerda.com/CoverSheet.aspx?ItemID=1593 1/2 3/112015 Item Coversheet FUNDING SOURCE: N/A ATTACHMENTS: Description Ordinance Budget Amendments Notice of Public Hearing Miami Herald Item Number: 9.F. httpl/survryisles.novusagenda.com/CoverSI leet.aspx?Item ID=1590 2/2