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5.m,7371 ii f To: The Honorable Mayor & Members of the City Commission From: Hector Mirabile, Ph.D., City Manager Date: May 3, 2011 (/ Agenda Item No A Resolution of the Mayor and City Commission of the City of South Miami, Florida, relating to budget; authorizing a transfer of $ 5,010 from account No. Subject: 001 - 1310 -513 -3450 Contractual Service to account No. 001 -1310 -513 -5230, City Manager Fuel & Lubricant account with a negative balance of $2,364; providing and effective date. It is essential to provide sufficient funds to City Manager Fuel & Lubricant account No. 001 -1310 -513 -5230; the additional funds will make the account whole for the remainder of the fiscal year. The discrepancy in this account are Background: the results of various economic factors; the price of gasoline increased higher than expected due to unforeseen political instability in major oil producing nations such as Egypt, Libya, Syria, Iran, and Saudi Arabia. Also contributing to the higher price for gasoline were the emerging market consumptions increase as well as the dollars devaluation as compared to other major currencies. Transfer Amount: $5,010 Transfer From: 00 1 - 13 10-513-3450 Contract Services; with a current balance of $ 29,830 Transfer To: 001 - 1310 -513 -5230, City Manager Fuel & Lubricant with a current balance negative balance of $2,364. I RESOLUTION NO. 2 A Resolution of the Mayor and City Commission of the City of 3 South Miami, Florida, relating to budget; authorizing a transfer 4 of $5,010 from account No. 001 - 1310 -513 -3450, Contractual 5 Services to account No. 001 - 1310 -513 -5230, City Manager Fuel 6 & Lubricant account currently with a negative balance of $2,364; 7 providing and effective date. 8 WHEREAS, it is requested that the budget for City Manager Fuel & Lubricant 9 account be increased by $5,010 from Contractual Services, to City Manager Fuel & 10 Lubricant account No. 001 - 1310 -513 -5230 which currently has a negative balance; and, 11 WHEREAS, it is essential to provide sufficient funds to City Manager Fuel & 12 Lubricant account No. 001 - 1310 -513 -5230; the additional funds will make the account 13 whole for the remainder of the fiscal year. The discrepancy in this account are the results 14 of various economic factors; the price of gasoline increased higher than expected due to 15 unforeseen political instability in major oil producing nations such as Egypt, Libya, Syria, 16 Iran, and Saudi Arabia. Also contributing to the higher price for gasoline were the emerging 17 market consumptions increase as well as the dollars devaluation as compared to other 18 major currencies., and, 19 WHEREAS, the Mayor and City Commission desire to transfer sufficient funds 20 from account No. 001 - 1310 -513 -3450, Contractual Services, with a current balance of 21 $29,830, to City Manager Fuel & Lubricant account No. 001 - 1310 -513 -5230, 22 currently with a negative balance of $2,364, and, 23 NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY 24 COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA; 25 Section 1. The Mayor and City Commission approve the transfer of $5,010 from 26 account No. 001 - 1310 -513 -3450, Contractual Services, with a current balance of $29,830, 27 to City Manager Fuel & Lubricant account No. 001 -1310 -513 -5230, 28 with a negative balance of $2,364. 29 Section 2. This resolution shall take effect immediately upon adoption. 30 PASSED AND ADOPTED this_ day of 2011 31 ATTEST: APPROVED: 32 33 34 35 36 37 38 39 40 41 CITY CLERK MAYOR COMMISSION VOTE: Mayor Stoddard: Vice Mayor Newman: Commissioner Beasley: Commissioner Palmer: Commissioner Harris: C C T �- 0 N 7'1 P1 w 0 S O = H O rt 3 w O W (D � rt N � � 3 � S S 1 3 N O � 3 N O S n � o m D o OIQN n. T N n tD z w m (D N d M S (D (D N S n N O n O 0. (D (D 3 (D W m _ -v n (D !n n m N w {A iA O W O w w p = Q w O w w V O O -P In o (D O O O O O O O O O O O O p O O O O O O O O O ttj 0 0�0 V ' N N N 3 n = w O 00 O w 10 O In w -P V OO -P row 00 � W V Ut rt '�. O � 1w0 N Ut co a, pP %D 4b. V 10 O N l0in - ° m�o O�o u :o ° N V �0 ut — �I m N to O w V 4P O N co — O w— w W V In .'0 o. �o 3 A S C) O ". ,0 V O1 m W V O — 100 OO 01 V cn — O7 — O �o O OO 00 m � N N OO cl O b O N (D o CD — cn (n o— o 0 o -t> o w -4 m (Or ,< 0 0 0 0 0 0 0 0 0 eo e _v D C -P In ifl N W O .� (A N .� 4A ut iA t�ii .ta Z _ (L„ oo wo CD u�, �' to .00 Ln o � rCr r�i 10 Cl w a — N p0 . tvn 0. — w N V ol O O V U( N w — O O O w {A iA O W O w w p = Q w O w w V O O -P In o (D O O O O O O O O O O O O p O O O O O O O O O ttj m .A 46 U7 0 0 97 C m r n Z to e 3 T 0 Z W 0�0 V ' N N N 3 n = w O 00 O w 10 O In w -P V OO -P row 00 � W V Ut A '�. m .A 46 U7 0 0 97 C m r n Z to e 3 T 0 Z GM200I13 Fiscal Year 2011 Account number Fund . . . . . Department . . Division . Activity basic Sub activity . Element . . . Object . . . . Original budget CITY OF SOUTH MIAMI Account Balance Inquiry . 1 -1310- 513.52 -30 : 001 GENERAL FUND . 13 ADMINISTRATION . 10 CITY MANAGER . 51 GENERAL GOVERNMENT . 3 INFRASTRUCTURE . 52 OPERATING SUPPLIES . 30 FUEL & LUBRICANT Actual expenditures - current . . Actual expenditures - ytd . . . . Unposted expenditures . . . . . . Encumbered amount . . . . . . . . Unposted encumbrances . . . . . . Pre - encumbrance amount . . . . . . Total expenditures & encumbrances: Unencumbered balance . . . . . FS= Encumbrances F7= Project data F10= Detail trans Fll =Acct activity list X 2,364.00- 4,728.00 .00 .00 .00 .00 2,364.00 2,364.00 - F8 =Misc inquiry F12= Cancel 4/25/11 08:08:28 0.0% 0.0 F9 =Misc update F24 =More keys