13South Miami
To: The Honorable Mayor & Members of the City Commission
Via: Hector Mirabile, PhD, City Manager
From: Alfredo Riverol, CPA, Cr.FA, Chief Financial Officer
Date: July 07, 2011 Agenda Item No.:
A Resolution relating to budget; authorizing a transfer of $102,536.00 from
account No. 001.1310.513.9920, City Manager General Contingency,
settlements to account No. 001.1620.524.5230, Fuel for $120.00; to
Subject: account No. 001.1640.524.5230 Fuel for $ 3,100.00; to account No.
001.2000.572.5230, Fuel for $2,360.00; to account No. 001.1910.521.5230,
Fuel for $27,000.00; and to account No. 001.1760.519.5230, Fuel for
$69,956.00.
It is essential to provide sufficient funds for the Fuel accounts in order to
issue payments to be incurred before the end of this fiscal year. Due to the
present status of the national and local economy compounded by the
situation in the Middle East, the price of the fuel is on an upward steady
trend. At the present time the City is paying an average of 63% more per
Background: gallon on the fuel versus the original price estimated for the 2011 budget.
Fuel was estimated at $2.25 per gallon versus the present cost of $3.67 per
gallon. The $2.25 per gallon price was the average price being paid by the
City for fuel at the time when the budget was prepared, increased by a
conservative percentage.
Transfer Amount: $102,536.00
Transfer From: Account 001.1310.513.9920, City Manager General Contingency, with a
current balance of $ 102,536.00
Account No. 001.1620.524.5230, Planning and Zoning Fuel for $120.00; to
account No. 001.1640.524.5230 Code Enforcement Fuel for $ 3,100.00; to
Transfer To: account No. 001.2000.572.5230, Parks and Recreation Fuel for $2,360.00;
to account No. 001.1910.521.5230, Police Fuel for $27,000.00; and to
account No. 001.1760.519.5230, Public Works Fuel for $69,956.00.
I RESOLUTION NO.
2 A Resolution relating to budget; authorizing a transfer of $102,536.00
3 from account No. 001.1310.513.9920, City Manager General Contingency,
4 settlements to account No. 001.1620.524.5230, Fuel for $120.00; to account
5 No. 001.1640.524.5230 Fuel for $ 3,100.00; to account No.
6 001.2000.572.5230, Fuel for $2,360.00; to account No. 001.1910.521.5230,
7 Fuel for $27,000.00; and to account No. 001.1760.519.5230, Fuel for
8 $69,956.00.
9 WHEREAS, it is requested that the budget for Fuel accounts be increased by
10 $102,536.00 from account No.001.1310.513.9920; and,
11 WHEREAS, it is essential to provide sufficient funds for the Fuel accounts in order to
12 issue payments to be incurred before the end of this fiscal year due to an unanticipated increase
13 in fuel cost.
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NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA;
Section 1. The Mayor and City Commission approve the transfer of $102,536.00 from
account No. 001.1310.513.9920, City Manager General Contingency, with a current balance of
$102,536.00 settlements to account No. 001.1620.524.5230, Planning and Zoning Fuel for
$120.00; to account No. 001.1640.524.5230 Code Enforcement Fuel for $ 3,100.00; to account
No. 001.2000.572.5230, Parks and Recreation Fuel for $2,360.00; to account No.
001.1910.521.5230, Police Fuel for $27,000.00; and to account No. 001.1760.519.5230, Public
Works Fuel for $69,956.00.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this_ day of , 2011
ATTEST:
CITY CLERK
READ AND APPROVED AS TO FORM:
... 1
MAYOR
COMMISSION VOTE:
Mayor Stoddard:
Vice Mayor Newman:
Commissioner Beasley:
Commissioner Palmer:
Commissioner Harris: