HomeMy Public PortalAbout20-9790 - Amending FY 2020-2021 Proposed Budget totalsSponsored by: City Manager
RESOLUTION NO. 20-9790
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF OPA-LOCKA, FLORIDA, AMENDING THE
FISCAL YEAR 2020-2021 PROPOSED CITYWIDE
BUDGET TOTAL REVENUES AND EXPENSES TO
$45,838,741, TO RECOGNIZE AN ADDITIONAL
$651,663.00 OF INTERFUND TRANSFERS NOT
INITIALLY INCLUDED DURING THE JULY 28, 2020
COMMISSION MEETING; PROVIDING FOR
CORRECTION OF SCRIVENERS' ERRORS;
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, on July 22, 2020 the City Commission of the City of Opa-Locka's
(City) deferred consideration of the preliminary annual budget to a Special Commission
meeting that was held on July, 28, 2020; and
WHEREAS, at the July 28, 2020 Special Commission meeting, the City
Commission voted to transfer funds between the Debt Service Fund and General Fund,
with the original total revenues and expenditures being $44,557,037.00; and
WHEREAS, the Commission specifically adopted an additional $630,041 of
additional expenditures of State Provided Revenue Adjustments; and
WHEREAS, said amount was added to the amount indicated in the resolution to
adjust the resolution to $45,187,078. The Commission then adopted the $45,187,078.00
budget, pursuant to the additional expenditure; and
WHEREAS, in governmental accounting, monies transferred between funds are
also treated as expenditure although only moving money from one fund to another; and
WHEREAS, as the result of the adoption of $630,041.00 of additional revenue
and expenditures, there were also changes in the transfers of monies between funds
with the largest being the additional transfer between the Debt Service Fund and the
General Fund of $630,041.00, which is also treated as an expenditure; and
WHEREAS, when the additional transfers between funds that resulted from the
adoption of $630,041 of additional revenue and expense are taken into account, the
entire increase from the original resolution is $1,281,704.00 ($630,041.00 of increased
Resolution No. 20-9790
expenditure and $651,663 of increased transfers between funds) with the resultant total
Citywide revenue and expenditure budget of S45,838,741. According to City's Budget
Administrator, this number was unavailable until processed by the budget system;
and
WHEREAS, the Commission desires to adopt the corrected and amended
preliminary budget of $45,838,741, pursuant to adoption of additional expenditure.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION
OF THE CITY OF OPA-LOCKA, FLORIDA:
Section 1. Adoption of Representations. The above recitals are true and correct and
are incorporated into this Resolution by reference.
Section 2. Authorization. The City Commission hereby authorizes amending the
Fiscal year 2020 - 2021 proposed Citywide budget total revenue and expense to
$45,838,741 in recognition of an additional $651,663 of interfund transfers not included
when setting the new proposed citywide budget total revenue and expense totals at the
July 28th Commission Meeting.
Section 3. Effective Date.
This Resolution shall take effect immediately upon adoption and is subject to the
approval of the Governor or his designee.
PASSED and ADOPTED this 30th day of July, 2020.
Matthew A. Pigatt, Mayor
ATTEST:
a Flores, City Clerk
Resolution No. 20-9790
APPROVED AS TO FORM AND
LEGAL SUFFICIENCY:
Burnadette Norris -Weeks, P.A.
City Attorney
Moved by: COMMISSIONER BURKE
Seconded by: COMMISSIONER BASS
VOTE: 4-0
Commissioner Bass YES
Commissioner Burke YES
Commissioner Kelley ABSENT
Vice -Mayor Davis YES
Mayor Pigatt YES
City of Opa-locka
Agenda Cover Memo
Department
Director:
Bob Anathan
Department
Director Signature:
��
City
Manager:
John E. Pate
CM Signature:
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Commission
Meeting
Date:
Jul 30, 2020
Item Type:
(EnterXin box)
Resolution
Cordinance
Other
X
Fiscal
Impact:
(EnterXin box)
N/A
Yes
No
Ordinance Reading:
(EnterXin box)
lst Reading
2nd Reading
Public Hearing:
(Enter X in box)
Yes
No
Yes
No
X
X
Funding
Source:
Account# :
(Enter Fund &
Dept)
Ex:
Advertising Requirement:
(EnterXin box)
Yes
No
X
Contract/P.O.
Required:
(EnterXin box)
Yes
No
RFP/RFQ/Bid#:
X
Strategic
Plan Related
(EnterXin box)
Yes
No
Strategic Plan Priority
Enhance Organizational
Bus. & Economic Dev
Public Safety
Quality of Education
Qual. of Life & City Image
Communication
Area:
Strategic Plan Obj./Strategy:
(list the specific objective/strategy this
item will address)
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Sponsor
Name
City Manager
Department:
City Manager
Short Title:
FY 21 Proposed Citywide Budget Total Amendment
Staff Summary:
Prior to Commission budget consideration at the July 28, 2020 Commission meeting, the total Citywide budget
was $44,557,037. At this meeting the Commission adopted an additional $630,041 of expenditure and
contingency. This was added to the prior total budget to reflect a new Citywide budget of $45,187,078.
In governmental accounting, transfer of monies between funds is also classified as expenditures. The transfer of
$630,041 from the the Debt Service Fund to the General Fund is treated as an expenditure. The increase in the
General Fund for the Asset Identification project results additional transfers out to other funds such as the Water -
Sewer Fund which derives benefit from the project. In aggregate the increase in transferred funds equals
$651,663. This only relates to monies transferred between funds and doesn't increase the City's actual cash
expenditures beyond the $630,041 adopted by Commission. This number wasn't available until entered into the
budget system, making the adjustment identified at the July 28th meeting premature.
Proposed Action:
Staff recommends that the City Commission further amend the total FY 21 proposed total budget to
$45,838,741 in recognition of an additional $651,663 of interfund transfers not recognized at the July 28,
2020 Commission meeting on this subject.
Attachment: