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07-07-2003 Budget Workshop Meeting• • MIAMI SHORES VILLAGE FISCAL YEAR 2003-2004 BUDGET WORKSHOP MEETING • • The Miami Shores Village Council met on Monday, July 7, 2003 and conducted their Fiscal Year 2003-2004 Budget Workshop in the Village Hall's Conference Room. The meeting was called to order at 6:10 PM with the following members present: PRESENT: ALSO PRESENT: Mayor McCoy Herta Holly Al Davis Ed Quinton Greg Ullman Tom Benton, Village Manager Barbara Estep, Village Clerk Richard Sarafan, Village Attorney Mark Malatak, Finance Director Mr. Benton offered introductory remarks, noting some of the highlights contained within the proposed budget, including the fact that the proposed millage rates would remain at 7.7500 and 0.5151 for the ad valorem and debt service tax levies respectively. Mr. Benton reported that the total assessed value of Miami Shores' properties, as reported by Miami -Dade County, increased by 14% for a total of $532,350,000 compared to $482,755,673 for the previous year. Mr. Benton reported a change in the Non - Departmental Budget and asked that the Council make a note to the effect that the donation to the Shores Theater be changed to $25,000 and that the Contingency line item be changed to $170,000. Mr. Benton indicated that the individual Department Heads were present to answer any questions that may arise during the discussions. Mark Malatak, the Village's Finance Director, providing information on the various revenue funds and projected revenues for the new fiscal year. The Department Heads and the Village Council reviewed the individual Departmental Budgets. The following Departments were discussed and no changes in the proposed operating budgets were suggested: Recreation Library Police Department Public Works Building Department Planning & Zoning Code Enforcement Mayor & Council Village Attorney Village Clerk Finance Department Non -Departmental Within the Village Manager Department, Mr. Benton's salary was discussed. Mr. Benton had indicated that a merit increase (5%) and a COLA (3%) were included in the proposed budget. Mr. Davis suggested an additional 5% increase to reward Mr. Benton for his performance and to compensate him for the increased responsibilities of his • • • position. Following a discussion amongst the Council, the Council Members reached a consensus to award an additional 5% to the Manager's budgeted salary. Mr. Malatak indicated that funding the additional 5% could be accomplished by savings realized throughout the next fiscal year or by delaying the hiring of a Special Projects Coordinator by two weeks. Mr. Malatak stated that in any event, the additional salary would not effect the bottom line of the proposed budget numbers. The July 7, 2003 Budget Workshop on the proposed Fiscal Year 2003-2004 Operating Budget was adjourned at 8:20 PM. Barbara A. Estep, CMC Village Clerk Jim McCoy, Mayor