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12-16-08 Item 2aSouth Miami AR-ftedea i N-Ep CITY OF SOUTH MIAMI I OFFICE OF THE CITY MANAGER INTER- OFFICE MEMORANDUM 2001 To: The Honorable Mayor Feliu and Members of the City Commission Via: Ajibola W. Balogun, City Manager Matilde Gil Menendez, Finance Director Kathy Vazquez, Purchasing Mgr. Date: December 16, 2008 4;L a Subject: Expenditures over $5,000.00 On March 10, 2005, the City Commission requested that purchase expenditures in excess of the $5,000.00 be reported via the City Managers report instead of a Resolution. This procedure was developed with the intent of full disclosure of expenditures expected to exceed $5,000.00 during a fiscal year. During the current fiscal year al report was submitted reflecting estimated expenditures for the current fiscal year. During our routine monitoring of the vendors we found that the following vendors are expected to exceed $5,000.00 and /or are also expected to exceed the previously approved amount during the current fiscal year 2008/2009. At the end of the current fiscal year another report will be submitted for final expenditure numbers. Vendor name Description of sys Rodriguez & Trueba Financial Auditors Laz Parking Parking meters Miami Dade County Solid W Refuse Disposal fees Optibase Inc. Video hardware/software/support Superior Landscaping landscaping maintenance Est. Expenses for F/Y 08/09 $ 10, 000.00 $ 209,540.00 $ 600,000.00 $ 5,500.00 $ 105,000.00 All vendors will continue to be monitored throughout the remainder of the fiscal year for Charter compliance by Central Services. There will be additional reports through out the fiscal year as vendor expenditures either increase or new vendors are selected. Please let me know if you have any questions.