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HomeMy Public PortalAbout18-9555 Adopting Resolutions Pursuant to Sec 4.5(B)/Code of Ords for theCurrent Fiscal Year 2017-2018 for Ensuing Fiscal Year 2018-2019 Sponsored by: City Manager RESOLUTION NO. 18-9555 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA, ADOPTING RESOLUTION(S) PURSUANT TO SECTION 4.5(B) OF THE CITY OF OPA-LOCKA CODE OF ORDINANCES, DIRECTING THAT THE AMOUNTS APPROPRIATED FOR CURRENT OPERATIONS FOR THE CURRENT FISCAL YEAR (FY 2017-2018) BE DEEMED ADOPTED FOR THE ENSUING FISCAL YEAR (FY 2018-2019) FOR A PERIOD OF FIFTEEN (15) DAYS AND RENEWED BY RESOLUTION EACH FIFTEEN (15) DAYS, WITH ALL ITEMS PRORATED ACCORDINGLY, UNTIL SUCH TIME AS THE STATE OF FLORIDA FINANCIAL OVERSIGHT BOARD FOR THE CITY OF OPA-LOCKA REVIEWS AND APPROVES ANNUAL BUDGETS FOR THE ENSUING FISCAL YEAR (FISCAL YEAR 2018-2019); PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, The City Commission held its second reading and public hearing for the Fiscal Year 2018-2019 proposed Millage Rate and Budgets adoption on September 26, 2018; and WHEREAS, The City Commission did adopt a budget for fiscal year 2018- 2019; WHEREAS, The State of Florida Financial Oversight Board for the City of Opa-locka requires 20 days from the adoption of the Fiscal Year 2018-2019 Budgets to review and approve the said budgets proposed by the City of Opa-locka. NOW THEREFORE BE IT RESOLVED THAT THE CITY COMMISSION OF THE CITY OF OPA LOCKA, FLORIDA: Section 1. The recitals to the preamble herein are incorporated by reference. Resolution No. 18-9555 Section 2. The City Commission of the City of Opa-locka hereby adopts a resolution pursuant to Article IV Section 4.5 of the City Charter, directing that the amounts appropriated for current operations for the current fiscal year (FY 2017-2018) shall be deemed adopted for the ensuing fiscal year (FY 2018-2019) for a period of fifteen (15) days and renewed by resolution each fifteen (15) days, with all items in it prorated accordingly, until such time as the Commission adopts an annual budget for the ensuing fiscal year. Section 3. This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 2nd day of October 2018. /gal M_i . . Taylor Mayor Attest to: Approved as to form and legal sufficiency: 4A0 21(1--.`" Joa,1 a Flores Vincent T. Brown, Esq. Ci Clerk The Brown Law Group, LLC City Attorney Moved by: COMMISSIONER RILEY Seconded by: COMMISSIONER HOLMES Commissioner Vote: 3-2 Commissioner Pigatt: NO Commissioner Riley: YES Commissioner Holmes: YES Vice Mayor Kelley: NO Mayor Taylor: YES Opa-locka, FL Code of Ordinances Page 1 of 1 Section 4.5. -Annual Budget Adoption. (A) Balanced Budget. Each annual budget adopted by the Commission shall be a balanced budget and adopted in accordance with Florida law. (B) Budget Adoption.The Commission shall by ordinance adopt the annual budget on or before the thirtieth (30th) day of September of each year. If it fails to adopt the annual budget by this date, the Commission may by resolution direct that the amounts appropriated for current operations for the current fiscal year shall be deemed adopted for the ensuing fiscal year for a period of fifteen (15) days and renewed by resolution each fifteen (15) days, with all items in it prorated accordingly, until such time as the Commission adopts an annual budget for the ensuing fiscal year. An ordinance adopting an annual budget shall constitute appropriation of the amounts specified therein. (C) Specific Appropriation. The budget shall be specific as to the nature of each category of appropriations therein. Reasonable appropriations may be made for contingencies, but only within defined spending categories. (Res. No. 12-8434, § 2, 7-18-12) about:blank 10/1/2018