_MemoOFFICE OF SOUTH MIAMI
S OF THE CITY MANAGER
THE CITY OF PLEASANT LIVING INTER - OFFICE MEMORANDUM
To: The Honorable Mayor, Vice Mayor and Members of the City Commission
From: Steven Alexander, City Manager
Date: September 15, 2016
Agenda Item: E Q
Subject: FY 2016 -2017 Levy of Millage Rate Adoption and Capital and Operating Budget
An Ordinance of the City of South Miami, located in Miami -Dade County, Florida , approving
a tentative millage rate for the fiscal year commencing October 1, 2016, through September
30, 2017 ( "fiscal year 2016 - 2017 ") which amount may be amended at the first or second
reading, and approving and enacting the final millage rate of the City on second reading.
An Ordinance of the City of South Miami ( "City "), located in Miami -Dade County, Florida,
approving a proposed budget for the City for the fiscal year commencing October 1, 2016,
through September 30, 2017, which amount may be amended at the first or second reading
of this Ordinance, and approving and enacting the final budget on second reading.
Below is a breakdown of the millage as advertised in the City's TRIM notice.
TAXING AGENCY
City of South Miami
Miami -Dade County
Miami -Dade Fire and Rescue District
Miami -Dade County Library District
Miami -Dade County School Board -State Rate
Miami -Dade County School Board
South Florida Water Management District
Everglades Project
Okeechobee Basin
Florida Inland Navigation District
Miami -Dade Children's Trust
Miami -Dade County Debt Service
Miami -Dade County School Board Debt Service
Miami -Dade Fire and Rescue District Debt Service
Total Taxes Paid by South Miami Residents
FY 2017
PROPOSED MILLAGE
4.3000
4.6669
2.4207
0.2840
4.8900
2.2480
0.1359
0.0471
0.1477
0.0320
0.5000
0.4000
0.1840
0.0075
20.6957
21.10%
22.60%
11.70%
1.40%
25.00%
10.90%
0.70%
0.20%
0.80%
0.20%
2.40%
2.20%
1.00%
0.00%
100.00%
This memo details the substantial changes in the proposed budget, relative to the Workshop
version presented at the Budget Workshop, held on August 15, 2016, and other events,
updating revenue and expenditure forecasts. As you are aware, the Proposed FY 2016 -17
Budget, as of July 28, 2016, was based on the currently adopted millage rate of 4.3000.
The budget, as proposed here, remains based on this rate as approved by the
Commission.
General Fund Revenue
The overall revenue amount for the General Fund remains the same as that which was
presented at the August 15, 2016 Budget Workshop. The only revision was an increase of
$50,000 to the Utility Tax — Electric line item, due to an anticipated electric service rate increase
by the Florida Public Service Commission (PSC) relative to power supplied by Florida Power and
Light (FPL) , which may be applicable to the FY 2016 -17 budget.
Below is a breakdown of significant changes that occurred based on multiple meetings and
discussions, including the Commission's FY 2016 -17 Budget Workshop, which have been
incorporated to the July 28, 2016 Proposed Budget. Also in this budget are revisions relating to
COLA. The COLA and retirement benefits for the City Commission, has been eliminated from
the Proposed Budget.
GENERAL FUND EXPENDITURE (in dollars)
Cost of Living (COLA) Revisions - 175,459
Include Fleet Management Tracking within Motor Pool line item 4620
Maintenance & Repair 40,656
Personnel Division Line Item # 3160 Random & Pre - Employment Testing 3,000
Personnel Division Increase for ADP Agreement- Payroll Processing 5,500
Personnel Division Increase for Broker Fees - Brown & Brown 25,000
Increase to PW- Solid Waste for Composting 50,000
Total Overall Changes in General Fund Expenditures - 51,303
EMERGENCY RESERVE FUND (in dollars)
Allocated for Emergency Zika Virus under Expense line item 3450 400,000
FEDERAL FORFEITURE FUND (in dollars)
Funds allocated for Binoculars under Expense line item 5210 11,220
Increase Line Item 4450 Lease Police Vehicles 25,368
CAPITAL IMPROVEMENT FUND (in dollars)
Additional Funds allocated for City Welcome Signs 50,000
We hereby recommend approval of the Proposed Budget for the fiscal year 2016 -2017,
including Capital Improvement, in a total amount of $25,513,883 as generally presented below.
FY 2016 - 2017
Attachments: Ordinance approving a tentative Millage Rate
Ordinance approving a proposed FY 2016 -17 Appropriation Amounts
Proposed Fiscal Year 2016 -17 Budget (As of September 8, 2016)
Appropriated
Amount
General Fund
18,694,755
Stormwater Drain Trust Fund
239,568
Local Option Gas Tax
275,000
Hometown Improvement Fund
0
Parks & Recreation Facilities Impact Fee Fund
0
Tree Trust Fund
20,000
Peoples Transportation - Transportation
1,299,000
Peoples Transportation - Transit
80,000
Revenue Stabilization Fund
0
Grant Match Fund
0
Insurance Reserve Fund
0
Tax Equalization Reserve Fund
0
Building Capital Reserve Fund
0
Park Acquisition Development Ops & Maint. Fund
0
Debt Service
1,180,540
Capital Improvement Program
21858,000
Emergency Reserve
400,000
State Forfeiture
30,000
Federal Forfeiture
437,020
TOTAL
25,513,883
Attachments: Ordinance approving a tentative Millage Rate
Ordinance approving a proposed FY 2016 -17 Appropriation Amounts
Proposed Fiscal Year 2016 -17 Budget (As of September 8, 2016)