R-1000-99 RESOLUTION No. 1000-99
A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI
SHORES VILLAGE, FLORIDA, CREATING BUDGET
AMENDMENT#1 TO THE FY 1999-2000 OPERATING BUDGETS,
RE-APPROPRIATING RESERVED FUND BALANCE AND
RESERVED RETAINED EARNINGS TO FUND OUTSTANDING
FISCAL OBLIGATIONS (OR ENCUMBRANCES) AS OF
SEPTEMBER 30, 1999.
WHEREAS,the Village has adopted an annual operating budget for all funds for the fiscal
year which began on October 1, 1999; and,
WHEREAS, during the process of closing FY 1998-1999 (the prior year), a series of
outstanding financial obligations were identified; and,
WHEREAS, generally accepted accounting principles require that those obligations be
recorded in the Village's Reserved Fund Balance or Reserved Retained Earnings accounts; and,
WHEREAS,re-appropriation of those funding items are required to avoid a misrepresentation
of the current year's operating accounts during FY 1999-2000; and,
WHEREAS, any type of appropriation from equity accounts requires Village Council
approval.
NOW,THEREFORE,BE IT DULY RESOLVED BY THE VILLAGE COUNCIL OF
MIAMI SHORES VILLAGE,FLORIDA:
Section 1: That the attached BudgetAmendment#1 as set forth and included herein by
reference in the amounts so identified by fund and department,be and a total
of$136,746 is hereby appropriated from the respective Reserved Fund
Balance or Reserved Retained Earnings accounts for the purpose of
reconciling outstanding financial obligations recorded on the books as of
September 30, 1999,as stated herein.
Section 2: That this resolution shall be retroactively implemented to October 1, 1999
upon its adoption.
PASSED and ADOPTED this 2'day of November, 1999.
MARK S.ULMER,Mayor
Attest:
Approved as to form:
Barbara A.Fugazzi, C C
Village Clerk
Richard Sarafan,Esq.
Village Attorney
Miami Shores Village
Budget Amendment#1
Revenue&Expenditure Summary
Fund Adopted Amendment Revised
Category Budget #1 Budget
General Fund
Revenues
Taxes $3,100,630 $0I $3,100,630
Licenses&permits 325,588 0' 325,588
Intergovernmental revenues 944,325 0 944,325
Charges for services 467,226 0 467,226
Fines and forfeitures 440,063 0I 440,063
Interest earnings 230,645 0 230,645
Rents 150,0001 0I 150,000
Miscellaneous revenues 50,036 0. 50,036
1
1,869,289 0 1,869,289
Transfers-in I 0 105,452 105,452
Fund Balance-reserved _ - -
Total revenues: General Fund r $7,F77 802_ $105,452 L _V,683,254
Expenditures
General Government $877,292 $1,390 $878,682
Public Safety 3,382,098 12,895 3,394,993
Public Works 1,750,607 84,627 1,835,234
Recreation&Culture 1,415,305 4,832' 1,420,137
Non-department I Unclassified Accounts _ -152,5001 1,708 154,208
-
Total expenditures: General Fund �_ $7,57,80.72__ _$10_5_452 _ __$_7 L683 3254
-
Capital Projects Fund 1
Revenues
Transfers-in $519,792 $0I $519,792
Unreserved Fund Balance 0i 23,094 23,094
0
Reserved Fund Balance 0�
Total fund inflows _ $519,7-9 $23,094
.2 _ $542 886
_
Expenditures/Outlay C
Capital outlay $519,792 $23,094 $542,886
$23,094 L $542 886_
Total fund outflows $519 792
Enterprise Operations i
Storm water Operations
Income
Charges for service $90,875 $0, $90,875
Interest income 5,0001 0I 5,000
Unreserved retained earnings 01 6,437 6,437
Reserved retained earnings - 01 - - 0� - -- -0
Total income 1 $95875._ -_ $102312
Expenses � __$,643T]- - �
Operating $0 $6,437 $6,437
Capital outlay 95,875 0 - 95,875
Total expenses $95,8751___- $6 437 $102312
Internal Service Fund
- _
Risk Management Operations
Revenues
Charges for services $10,000 $0 $10,000
Interest earnings 5,000 0I 5,000
Transfers-in 133,255 0 133,255
Reserved Fund Balance 0I 1,763 1,763
Unreserved Fund Balance _ _ _
Total revenues C- $14.8,255] _ - $1763 _ $150,_018_
Expenditures = -- T -
Operating $148,255, $1,7631 $150,018
Capital outlay 0_ 0 - 0
Total expenditures $148255 $1,763 L_ $150,018
The Village of Miami Shores,Florida
FY 1999-2000 Operating Budgets
Adopted&Effective October 1.1999
Fund Adopted Amendment Revised
Department/Division Budget #1 Budget
General Fund
Mayor&Council $6,380 - $6,380
Office of the Village Clerk 127,805 - 127,805
Office of the Village Manager 130,124 - 130,124
Office of the Village Attorney 159,200' - 159,200
Human Resources 32,000 - 32,000
Finance Department 304,047 - 304,047
Community Development Division 117,736 1,390 119,126
Code Enforcement Division 111,530' - 111,530
Police Department-Operations 3,051,175 12,895 3,064,070
Police Department-School Guards 25,555 - 25,555
Building&Zoning Department 193,838 - 193,838
Public Works-Waste Division(Closed) - 4,647 4,647
Public Works-Administration Division 305,002 - 305,002
Public Works-Parks Maintenance Division 460,751 11,268 472,019
Public Works-Streets Division 595,087 66,619 661,706
Public Works-Recreation Maintenance 129,458 400 129,858
Public Works-Fleet Maintenance 260,3091 1,693 262,002
Recreation Department 1,138,939 2,507 1,141,446
Library 276,3661 2,325 278,691
Non-Department/Unclassified Accounts $7,577,802_ $105,452 _ 154,208
p ---
Sub-total: General Fund-> $7,683,254
Debt Service Fund
-
General Obligation Bond,Series 1999 $221 $221,006
Sub-total: General Fund-> ,006 - $221,006
Special Revenue Funds
Excise Tax Proceeds Fund $1,533,600 - $1,533,600
Local Option Gas Tax Fund 238,582 - 238,582
Grants Fund 22,107 - 22,107
Sub-total: Spec Revenue Fund-> $1,794,289 $0 $197949289
Capital Proiects Fund
Capital Projects $519,792 $23,094 $542,886
MSVAquatic Facility
Construction 3,121,899_ _ _ 3,121,899
Subtot1. Ca Capital Fund $3,641,691 $23,094 $3,664,785
Enterprise Operations Funds
Storm water Operations Fund $95,875 $6,437 $102,312
Sanitation Operations Fund 1,507,427 - 1,507,427
Sub-total: Enterprise Funds-> $1,603,302�_- $6,437 $_1,609,739
Internal Service Funds
Risk Management Fund $148,255 $1,763 $150,018
Sub-total: Internal Service Funds-> $148,255 $1,763 $150,018
Expendable Trust Fund
Law Enforcement Training Trust $115,577 - $115,577
Law Enforcement Trust Fund 2,000 2,000
$117,577
Sub-total: Expendable Trust Fund-> $117,577 $0
Total Budgets for All Funds $15,103,922 $_1361746 $ 40,668
FY 2000 Budget Amendment 11 Prepared by MAM on 10/27/1999 at 05:57:01 PM