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ORDINANCE NO. 2023 <br />AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES <br />BEACH, FLORIDA, AMENDING ORDINANCE NO. 2022-595; APPROVING BUDGET <br />AMENDMENT NO. BA2223-03 TO THE CITY'S OPERATING AND CAPITAL <br />IMPROVEMENT BUDGET FOR THE 2022-2023 FISCAL YEAR - GENERAL FUND, <br />STREET MAINTENANCE & CONSTRUCTION FUND, SPECIAL REVENUE FUND, AND <br />CAPITAL PROJECTS FUND; AUTHORIZING THE CITY MANAGER TO DO ALL <br />THINGS NECESSARY TO IMPLEMENT THE TERMS AND CONDITIONS OF THIS <br />ORDINANCE; PROVIDING FOR AN EFFECTIVE DATE. <br />WHEREAS, in accordance with Sections 200.065 and 166.241, Florida Statutes, and the <br />City Charter, the City Commission adopted the budget for Fiscal Year 2022-2023 ("Budget") by <br />Ordinance No. 2022-595; and <br />WHEREAS, the City's Finance Director has determined a need to amend the Budget for: <br />(1) budget increases for investment earning received; (2) budget adjustments for various other <br />revenues; (3) routine transfers between existing budgeted accounts to account for actual <br />expenditure needs for Fiscal Year 2022-2023; (4) budget increase to R&M Grounds for actual <br />expenditure needs for Fiscal Year 2022-2023; (6) budget decrease to revenues and <br />expenditures to defer the Central island Drainage project to Fiscal Year 2023-2024; (7) <br />adjustment to prior year fund balance and transfers out to General Fund to fix for year-end; <br />and (8) increase appropriations for the Fiber optic Installation project; and <br />WHEREAS, the City Commission has determined that it is necessary to amend the <br />Budget, as set forth in Exhibit "A", based upon the review and analysis provided by the Finance <br />Director. <br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF SUNNY <br />ISLES BEACH, FLORIDA, AS FOLLOWS: <br />Section 1. Incorporation of Recitals. The foregoing "WHEREAS" clauses are hereby ratified <br />and confirmed as being true and correct and are hereby made a specific part by this Ordinance <br />upon adoption hereof. <br />Section 2. Budget Amendment. The Budget for Fiscal Year 2022-2023 adopted by <br />Ordinance No. 2022-595 is hereby amended as Amendment No. BA2223-03 to reflect the <br />revisions in Exhibit "A". All other terms and conditions of Ordinance No. 2022-595 not <br />otherwise amended by this Ordinance shall remain in full force and effect. <br />Section 3. Authorization of City Manager. The City Manager is hereby authorized to take all <br />actions necessary to implement the terms and conditions of this Ordinance. <br />Section 4. Effective Date. This Ordinance shall be effective ten (10) days after adoption on <br />second reading. <br />@BCL@DCOBF560.doc <br />Page 1 of 2 <br />