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HomeMy WebLinkAboutOrdinance 2018-524 ORDINANCE NO. 2018- 524 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AMENDING - ORDINANCE NO. 2017-507; AMENDING THE CITY'S BUDGET NO. BA1718-02 FOR THE 2017-2018 FISCAL YEAR - GENERAL FUND, STREET MAINTENANCE & CONSTRUCTION FUND, BUILDING FUND, CAPITAL PROJECTS FUND, STORMWATER FUND, AND STORMWATER OPERATIONS AND CAPITAL FUND; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO IMPLEMENT THE TERMS AND CONDITIONS OF THIS ORDINANCE; 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 2017-2018 (the `Budget") by Ordinance No. 2017-507; and WHEREAS, the City's Finance Director has determined a need to amend the Budget for: (1) transfer existing budget to the proper departments for 17/18 COLA adjustments, (2) record newly awarded and unbudgeted revenue sources, (3) appropriate funds for hurricane preparedness efforts, (4) reclassify existing available budget for capital project needs, (5) appropriate funds in Stormwater Capital in accordance with the adopted budget for drainage projects; 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 2017-2018 adopted by Ordinance No. 2017-507 is amended as Budget Amendment No. BA 1718-02 to reflect the revisions in Exhibit "A". All other terms and conditions of Ordinance No. 2017-507 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. 02018-Budget Amend BA1718-01 FY 2017-18 Page 1 of 2 lt PASSED AND ADOPTED on first reading this (1 day of filliq 2018. 21221- PASSED PASSED AND ADOPTED on second reading this day of 001E 2018. _ George H. Scholl ' ayor • ' ), / b ow' a 1 !�,a,, _ t'4 l': Nte'''N71111114 c 4, `Maui i o 6 otancur, CMC, City Clerk APPROVED AS TO FORM AND .GA S/, FFICIENCY 0 ans 'ain't, City Attorney Moved by: \kK OW bU*1VW Second by: CQMOISSton1a SV6e#14 Vote: Mayor Scholl I (Yes) (No) Vice Mayor Goldman (Yes) (No) Commissioner Aelion (Yes) (No) Commissioner Gatto 1 (Yes) (No) Commissioner.Svechin V (Yes) (No) i,.. 02017-Budget Amend BA1617-02 FY 2016-17 Page 2 of 2 v City of Sunny Isles Beach 18070 Collins Avenue Sunny Isles Beach, Florida 33160 (305) 947-0606 City Hall ` P �F10� S frT' vs SLN A�yO (305) 949-3113 Fax MEMORANDUM TO: The Honorable Mayor and City Commission VIA: Christopher J. Russo, City Manager FROM: Audra K. Curts-Whann, Finance Director DATE: 6/21/2018 RE: Budget Amendment BA1718-02 RECOMMENDATION: ® Recommend commission approval of amendment to fiscal year 2017/2018 budget per attached. REASONS: Budget amendment BA1718-02 was prepared to: (1) transfer existing budget to the proper departments for 17/18 COLA adjustments (2) record newly awarded and un'budgeted revenue sources (3) appropriate funds for hurricane preparedness efforts (4) reclassify existing available budget for capital projects needs (5) appropriate funds in Stormwater Capital in accordance with the adopted budget for drainage projects. ATTACHMENTS: Description Ordinance Backup BA1718-02 n Item Number: 9.13. 34