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HomeMy WebLinkAboutR-2016-123 As Required by the City Charter & Sec. 200.065, Florida Statutes, Approves a Tentative Annual Budget for the City for Fiscal Year 2016-2017. RESOLUTION NO. 2016-123 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 2016-2017; 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, 2016 and ending September 30, 2017, 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, 2016 and ending September 30, 2017, 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, 2016 and ending September 30, 2017. 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 2016-2017 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 2016-2017, such appropriations having been previously approved by the City Commission. Section 4. Contingency Funds: That department heads or their designee shall only be allowed to transfer funds from their designated contingency accounts below an aggregate amount of Twenty five thousand dollars ($25,000.00) with City Manager approval. Aggregate amounts above the Twenty five thousand dollars ($25,000.00) threshold that are requested to be transferred from Contingency must be approved by the City Commission. Section 5. 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 Tuesday, September 20, 2016 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 6. That City staffing positions and capital expenditures reflected and approved in the annual budget establish Commission consent over these areas and that all 2 RESOLUTION#2016-123 additions to these items shall be approved through Commission approval of an amendment to the approved budget. Section 7. 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. Section 8. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 9. That this Resolution shall take effect and be in force immediately upon its passage and adoption. PASSED AND ADOPTED on September 14, 2016. ATTEST: p,W7IS F1 7. LOUISE STILSON, CMC CO A. SALVINO, SR. CITY CLERK AYOR APPROVED AS FO AND CORRECTNESS: (1h THOMAS J. SBRO CITY ATTO EY 3 RESOLUTION#2016-123 City-wide All Funds Summary 2017 2014 2015 2016 Manager Actual Actual Budget Recommended Revenues / Resources General Fund 44,789,773 44,743,570 48,886,705 48,498,274 Water Fund 5,518,175 5,619,733 6,819,131 5,526,410 Sewer Fund 7,042,891 6,670,364 9,276,244 6,702,658 Stormwater Fund 1,931,726 2,042,108 9,595,592 2,090,760 Marina Fund 7,916,424 775,742 856,400 852,392 Building Fund 1,960,974 2,687,323 3,002,900 3,526,000 Parking Fund 1,405,824 1,644,600 1,623,063 1,540,432 Pier Fund 356,454 463,542 509,425 474,396 Debt Service Fund ----------------- funded by transfers from other City funds -------------- Total Revenue 70,922,240 64,646,981 80,569,460 69,211,322 Expenses / Expenditures General Fund 41,220,985 41,934,128 48,886,705 48,498,274 Water Fund 5,285,959 5,492,304 6,819,131 5,526,410 Sewer Fund 5,222,376 4,519,412 9,276,244 6,702,658 Stormwater Fund 1,408,042 1,311,626 9,595,592 2,090,760 Marina Fund 459,253 825,522 856,400 852,392 Building Fund 1,684,687 2,182,176 3,002,900 3,526,000 Parking Fund 579,541 1,199,361 1,623,063 1,540,432 Pier Fund 333,590 473,553 509,425 474,396 Total Expenses $ 56,194,433 $ 57,938,081 $ 80,569,460 $ 69,211,322 Net Surplus (Deficit) $ 14,727,807 $ 6,708,900 - - City of Dania Beach Amendments to Proposed Budget 10-1-2016 to 9-30-2017 Account Description Increase Decrease OAmendment for ERU's July 1 BCPA Decrease to Stormwater Revenue(403-00-00-325-20-03) Stormwater Fund Professional Services 1,454 Decrease to Stormwater Contingency(403-38-01-538-99-10) Stormwater-Contingency 1,454 OAmendment for Solidwaste (Inclusion of Oaks at Hidden Harbour) Increase to Public Services(001-34-01-534-34-10) General Fund Contractual Services-Solidwaste 20,549 Increase to Solidwaste Revenue (001-00-00-343-40-01) Solid Waste Assessment Revenue 19,727 Decrease to Contingency(001-18-00-519-99-10) General Fund-Contingency 822 U3 Amendment for Property Insurance Coverage-Water Plant Increase to Water Plant(401-33-03-533-45-10) Water Fund Insurance Coverage 54,000 Decrease to Water Fund Contingency(401-33-01-533-99-10) Contingency 54,000 ® Amendment for use of Recreation Impact Fees Decrease Appropriation of Recreation Impact Fees(001-00-00-389-90-03) General Fund Recreation Impact Fees 46,850 Decrease Commission Contingency(001-18-00-519-99-10) Contingency 46,850 �5 Amendment for Hollywood Large User Agreement GASB 68 Increase Contractual Services(402-35-02-535-34-10) Sewer Fund Contractual Services 90,000 Decrease to Contingency(402-35-02-535-99-10) " " Contingency 90,000