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HomeMy WebLinkAboutR-2014-085 - Approved a Tentative Annual Budget for the Fiscal Year 2014-2015 RESOLUTION NO. 2014-085 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AS REQUIRED BY THE CITY CHARTER AND SECTION 200.065, FLORIDA STATUTES, APPROVING A TENTATIVE ANNUAL BUDGET FOR THE CITY FOR THE FISCAL YEAR 2014-2015; PROVIDING FOR A PUBLIC HEARING WHEN OBJECTIONS WILL BE HEARD AND QUESTIONS CONCERNING THE BUDGET WILL BE ANSWERED; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Charter of the City of Dania Beach, Florida, requires that the City Commission shall, by Resolution, adopt an annual budget, determine the amount of millage necessary to be levied and publish the budget so adopted, together with a notice stating the time and place where objections to it may be heard; and WHEREAS, the City Manager of the City of Dania Beach, Florida, has prepared and submitted to the City Commission an annual report covering the operation of the City and has set forth in it an estimate of the expenditures and revenues of the City for the ensuing year,beginning October 1, 2014 and ending September 30, 2015, with a copy of the report and estimate being on file in the office of the City Clerk so that any interested parties may view such copy upon request; and WHEREAS, the City Manager has presented to the City Commission detailed information supporting such estimate, affording the City Commission a comprehensive understanding of the City Government for the ensuing period, including expenditures for corresponding items during the last two fiscal years and increased and decreased demands for the ensuing year as compared with corresponding appropriations for the last fiscal year; and WHEREAS, the City Commission has met and carefully considered such annual report and estimate for the ensuing year, has prepared a tentative budget setting forth the amounts necessary to be raised for the various departments of the City and has appropriated the amounts to the various departments of the City considering the applicable funds on hand and the estimated departmental revenues; NOW,THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH,FLORIDA: Section 1. That a tentative budget for the City of Dania Beach, Florida, for the fiscal year beginning October 1, 2014 and ending September 30, 2015, is adopted(subject to the public hearing for which provision is subsequently made below). A copy of the tentative budget summary is attached to this Resolution and made a part of it as "Exhibit A", and the appropriations set out in it are made for the maintenance and carrying on of the government of the City of Dania Beach, Florida, and for the purpose of paying debt service requirements, if any, of the City for the fiscal year beginning October 1, 2014 and ending September 30, 2015. Section 2. That all delinquent taxes, collected as proceeds from levies of operating millages for former years are specifically appropriated for the use and benefit of the "General Fund". Section 3. Automatic Amendment: the Fiscal Year 2014-2015 budget is automatically amended to reappropriate open P.O. encumbrances that have not been closed by the Finance Department as a normal function of the City's fiscal year end review, fund outstanding contracts, fund required payments on approved City debt, and fund capital projects reserved or unexpended from prior years including Fiscal Year 2013-2014, such appropriations having been previously approved by the City Commission. Section 4. That the City Commission of the City of Dania Beach will meet in the City Commission Chamber in the City Hall (100 West Dania Beach Boulevard, Dania Beach, Florida 33004) on Wednesday, September 24, 2014 at 5:01 p.m. for the purpose of finalizing the budget and answering questions concerning it. The City Manager shall specify the purposes for which ad valorem tax revenues are being increased or decreased, if any, over the "rolled back rate". A notice of this public hearing shall be published in strict compliance with the provisions of Section 200.065(2) (d) and Section 200.065(3), Florida Statutes. Section 5. That City staffing positions and capital expenditures reflected and approved in the annual budget establish Commission consent over these areas and that all additions to these items shall be approved through Commission approval of an amendment to the approved budget. Section 6. That the City Commission reaffirms its annual goal to achieve and maintain a minimum available Unassigned Fund Balance equal to at least 20% of the annual expenditures in the approved General Fund budget. 2 RESOLUTION#2014-085 Section 7. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 8. That this Resolution shall take effect and be in force immediately upon its passage and adoption. PASSED AND ADOPTED on September 15,2014. ATTEST: ��o�PRp'S F LOUISE STILSON, CMC 1' WAL ERLD , III CITY CLERK MAYOR APPROVED AS TO FO AND CORRECTNESS: r, -� IA - THO J. AN CITY ATTORN Y 3 RESOLUTION#2014-085 City-wide All Funds Summary 101 1114-9130/15 2015 2012 2013 2014 Mbnagrr Actual Actual Budget Beconnamided Revenues/Resources General Fund 40,638,886 43,979,490 43,978,212 43,003,499 Water Fund 5,344,406 5,479,489 6,088,343 6,250,658 Sewer Fund 6,293,726 6,779,136 9,137,884 7,878,500 Stormwater Fund 2,097,449 1,954,553 10,646,746 1,935,987 Marina Fund 0 198,964 547,550 682,205 Building Fund 1,345,470 2,746,750 1,816,090 21098,920 Parking Fund 701,497 1,052,362 960,220 t250,000 Pier Fund 373,536 362,949 376,000 290,936 Debt Service Fund ---- funded by vanders from o1h€r City fiords — Total Revenue 56,K969 0,442,613 72,#51,045 63400AN Expenses f hn-es General Fund 40,638,896 43,879,490 43,878,212 43,003,499 Water Fund 5,344,406 5,479,489 6,088,343 6,250,658 Seaver Fund 6,293,726 6,779,136 8,137,884 7,878,5W Stormwater Fund 4097,449 1,934,553 10,646,746 1,953,997 Marina Fund - 188,964 547,550 682,205 Building Fund 045,470 4746,750 1,816,090 2,098,920 Parking Fund 701,497 1,052,362 960,220 1,250,000 Piet Fund 373,536 362,949 376,000 2%,936 ToW Ezpenues SIi,984,969 67,442,613 72,01,04S 63,400AM ISdf 17D 4 RESOLUTION#2014-085