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1THE CITY OF PLEASANT LIVING To: FROM: Via: DATE: SUBJECT: BACKGROUND: TRANSFER AMOUNT: TRANSFER FROM: TRANSFER To: ATTACHMENTS: CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER-OFFICE MEMORANDUM The Honorable Mayor & Members of the City Commission Steven Alexander, City Manager Quentin Pough, Director of Parks and Recreation Agenda Item No.:l September 5,2017 A Resolution relating to budget; authorizing a transfer of $25,000 from Recreation-Tennis Salaries account to Recreation-Tennis Contractual Services account. It is requested that the budget for Tennis Contractual Services, account #001- 2010-572-3450, be increased by $25,000 dollars. Additional funds are requested to compensate the City's tennis pros/contractors in order to keep up with the demand for tennis instructions, programs and classes at Dante Fascell Park. Tennis pros/contractors receive a percentage of the fee that the City receives. This is a revenue positive program. The City had forecasted $340,000 dollars in revenue for tennis fees in the FY 16/17 adopted budget and has received approximately 91% of revenue as of July 2017. City staff anticipates approximately $367,000 dollars by September 30,2017. City staff projects a net revenue gain of $43,000 dollars for operating tennis in- house for current fiscal year. $25,000 $12,000 from account 001-2010-572-1210, Recreation Tennis Full-Time Salary, with a budget balance of $38,000. $13,000 from account 001-2010-572-1310, Recreation Tennis Part-Time Salary, with budget balance of $17,000. Account 001-2010-572-3450, Tennis Contractual Services, with an unencumbered balance of -$2,172 at the time of this request. Resolution for approval 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 RESOLUTION NO.: _____ _ A Resolution relating to budget; authorizing a transfer of $25 /000 from Recreation-Tennis Salaries account to Recreation-Tennis Contractual Services account. WHEREAS 1 it is requested that the budget for Tennis Contractual Services, account #001- 2010-572-3450, be increased by $25,000 dollars; and WHEREAS, additional funds are being requested to compensate the City's tennis pros/contractors in order to keep up with the demand for tennis instructions, prbgrams and classes; and WHEREAS, the City had forecasted $340,000 dollars in revenue for tennis fees in the FY- f16!'17 adopted budget and has received approximately 91% of revenue as of July 2017; and WHEREAS, City staff anticipates approximately $367,000 dollars-[$55,OOO total for August and September '17J-in revenue as opposed to the estimated amount of $378,826 listed in the proposed budget on July 28,2017; and WHEREAS, City staff projects a net revenue gain of $43,000 dollars-[$367,OOO revenue minus $324,000 total expensesJ-for operating tennis in-house this fiscal year. 23 NOW1 THEREFORE 1 BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY 24 OF SOUTH MIAMII FLORIDA THAT: 25 26 Section 1: The City Manager is authorized to transfer $12,000 from account 001-2010-572- 27 1210, Recreation Tennis Full-Time Salary, with a current budget' balance of $38,000 and $13,000 28 from account 001-2010-572-1310, Recreation Tennis Part-Time Salary, with budget balance of 29 $17,000 for a total of $25,000 to account 001-2010-572-3450, Tennis Contractual Services, with an 30 unencumbered balance of -$2,172 at the time ofthis request. 31 32 Section 2: If any section clause, sentence, or phrase of this resolution is for any reason held 33 invalid or unconstitutional by a court of competent jurisdiction, the holding shall not affect the 34 validity of the remaining portions ofthis resolution. 35 36 Section 3: This resolution shall become effective immediately upon adoption. 37 38 39 40 41 42 43 44 45 46 47 PASSED AND ADOPTED this ___ day of ____ _ ,2017 ATTEST: APPROVED: CITY CLERK MAYOR 48 49 50 51 52 53 READ AND APPROVED AS TO FORM LANGUAGE, LEGALITY AND EXECUTION THEREOF CITY ATTORNEY COMMISSION VOTE: Mayor Stoddard Vice Mayor Welsh Commissioner Edmpnd Commissioner Liebman Commissioner Harris