_Revised MemoCITY OF SOUTH MIAMI
OFFICE OF THE CITY MANAGER
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: __________
Subject: REVISED 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 FY 2017
PROPOSED MILLAGE
City of South Miami 4.3000 21.10%
Miami-Dade County 4.6669 22.60%
Miami-Dade Fire and Rescue District 2.4207 11.70%
Miami-Dade County Library District 0.2840 1.40%
Miami-Dade County School Board-State Rate 4.8900 25.00%
Miami-Dade County School Board 2.2480 10.90%
South Florida Water Management District 0.1359 0.70%
Everglades Project 0.0471 0.20%
Okeechobee Basin 0.1477 0.80%
Florida Inland Navigation District 0.0320 0.20%
Miami-Dade Children’s Trust 0.5000 2.40%
Miami-Dade County Debt Service 0.4000 2.20%
Miami-Dade County School Board Debt Service 0.1840 1.00%
Miami-Dade Fire and Rescue District Debt Service 0.0075 0.00%
Total Taxes Paid by South Miami Residents 20.6957 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 virtually the same as that which was
presented at the August 15, 2016 Budget Workshop. The only revision is to Revenues
which is 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
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 2,858,000
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)