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09-18-2007 Budget Hearing Meeting• • • MIAMI SHORES VILLAGE BUDGET HEARING — FISCAL YEAR 2007-2008 The Miami Shores Village Council held their second and fmal Public Hearing on the proposed Fiscal Year 2007-2008 Operating Budget on Tuesday, September 18, 2007. The Meeting was held in the Council Chambers of Village Hall and was called to order at 7:00 PM with the following Members present: PRESENT: Mayor Herta Holly Steve Loffredo Hunt Davis Prospero Herrera J.C. Rodriguez ALSO PRESENT: Tom Benton, Village Manager Barbara Estep, Village Clerk Richard Sarafan, Village Attorney 1) PRESENTATION AND DISCUSSION OF THE PROPOSED BUDGET AND PROPOSED MILLAGE RATE (7.1400 AND 0.2153 plus 0.4611) FOR OPERATING AND DEBT SERVICE RESPECTIVELY. Mr. Benton made introductory comments regarding the reduced millage rate, the budget process, the proposed budget highlights and the associated budget cuts. 2) A RESOLUTION OF THE NIIAMI SHORES VILLAGE COUNCIL, MIAMI SHORES VILLAGE, FLORIDA ESTABLISHING FINAL AD VALOREM TAX LEVIES FOR GENERAL OPERATING AND VOTER -APPROVED DEBT SERVICE PURPOSES FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2007; PROVIDING FOR AN EFFECTIVE DATE. 3) A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, MIAMI SHORES VILLAGE, FLORIDA ADOPTING THE FISCAL YEAR 2007-2008 OPERATING, DEBT SERVICE FUND, SPECIAL REVENUE FUND, ENTERPRISE FUND AND INTERNAL SERVICE FUND BUDGETS; AND PROVIDING FOR AN EFFECTIVE DATE. Mrs. Estep read the proposed Resolutions into the record. Mayor Holly opened the floor for the Budget Hearing. Representatives from the North Miami Foundation for Senior Citizens Services, Inc. addressed the Council and requested that funding for the Foundation be reinstated into the Budget. Foundation Board Member Michael Blynn and Executive Director Debbie Kleinberg, reviewed the services that the Foundation provides to approximately 33 Miami Shores Village residents. As no one else present wished to speak, Mayor Holly closed the Budget Hearing. Mr. Loffredo spoke about the good works that the Foundation does and moved to include $5,000 in the budget for the Foundation. Mr. Davis seconded the motion and the vote was unanimous in favor of the motion. Mr. Herrera moved to adopt the presented Resolution to establish final ad valorem tax levies for fiscal year 2007-2008. Mr. Rodriguez seconded the motion and the vote was unanimous in favor of the motion. Mr. Herrera then moved to adopt the presented Resolution to adopt the fiscal year 2007-2008 budgets, including the operating, debt service, special revenue, enterprise and internal service fund budgets. Mr. Davis seconded the motion and the vote was unanimous in favor of the motion. • 4) ADJOURNMENT The September 18, 2007 Budget Hearing was adjourned at 7:17 PM. Barbara A. Estep, MMC Village Clerk • • Herta Holly, Mayor