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<br />ORDINANCE NO. 2003- -.J 80 <br /> <br />AN ORDINANCE OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, <br />ADOPTING AN OPERATING AND CAPITAL OUTLAY BUDGET FOR THE <br />FISCAL YEAR COMMENCING OCTOBER 1, 2003 THROUGH SEPTEMBER <br />30,2004, PURSUANT TO FLORIDA STATUTES SECTION 200.65 (TRIM BILL) <br />AUTHORIZING EXPENDITURES OF FUNDS ESTABLISHED BY THE <br />BUDGET; AUTHORIZING ENCUMBRANCES; AUTHORIZING ISSUANCE OF <br />CHECKS; PROVIDING FOR GRANTS AND GIFTS; PROVIDING FOR POST <br />AUDIT; PROVIDING FOR SEVERABILITY AND PROVIDING FOR AN <br />EFFECTIVE DATE. <br /> <br />WHEREAS, the City Manager has presented to the City Commission a tentative operating <br />budget for the fiscal year commencing October 1, 2003 and the City Commission has scheduled a public <br />hearing required by Section 200.065 ofthe Florida Statutes to be held on September 11, 2003, at 7:00 <br />p,m., which hearing was duly noticed by the Property Appraiser as required by Florida Statutes; and <br /> <br />WHEREAS, the second public hearing as required by Florida Statutes had been scheduled for <br />September 25,2003, which hearing was properly advertised and noticed as required by Florida Statutes, <br />giving the public and all interested parties an opportunity to address their comments to the City <br />Commission and, the City Commission having had an opportunity to review and approve the tentative <br />budget, as deemed appropriate, and having considered the comments of the public regarding the <br />tentative budget and having complied with the "Trim" requirements of the Florida Statutes; <br /> <br />NOW THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY <br />OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section 1. First Public Hearing: Operating and Capital Budget. The operating and capital budget, <br />attached as Exhibit" A," as presented by the City Manager, and as amended by the City Commission, be <br />and the same hereby is tentatively adopted at first reading, subject to final adoption and amendments, as <br />provided by Section 200.065 of the Florida Statutes (second reading). <br /> <br />Section 2, Second Public Hearing: Operating and Capital Budget. The final public hearing to adopt <br />a budget for the fiscal year commencing October 1, 2003 through September 30, 2004, set for Thursday, <br />September 25,2003,7:00 p.m., at 17070 Collins Avenue, Suite 250, Sunny Isles Beach, Florida, as <br />previously reviewed and approved on September 11, 2003, by the City Commission and adopted first as <br />the tentative operating and capital budget, be, and the same, is hereby adopted by the City as its final <br />budget for Fiscal Year 2003-2004 pursuant to Article 4.5 of the City Charter. <br /> <br />Section 3. Expenditure of funds appropriated in the budget authorized. Funds may be expended by, <br />and with the approval of, the City Manager in accordance with the provisions of the City Charter and <br />applicable laws. Funds of the City shall be expended in accordance with the appropriations provided in <br />the budget adopted by this Ordinance and shall constitute an appropriation of amounts specified therein. <br />Supplemental appropriations and reduction of appropriations, if any, shall be made in accordance with <br />Article 4.7 of the Charter of the City of Sunny Isles Beach. <br /> <br />02003- Operating and Capital Outlay Budget <br /> <br />Page I of 3 <br />