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<br />ORDINANCE NO. 2005 - ~~3 <br /> <br />AN ORDINANCE OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, <br />ADOPTING AN OPERATING AND CAPIT AL OUTLAY BUDGET FOR THE <br />FISCAL YEAR COMMENCING OCTOBER 1,2005 THROUGH SEPTEMBER <br />30,2006, 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, 2005 and the City Commission has scheduled a public <br />hearing required by Section 200.065 of the Florida Statutes to be held on September 8, 2005, at 6:00 <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 22,2005, 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 ofthe 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 1,2005 through September 30, 2006, set for Thursday, <br />September 22, 2005, 6:00 p.m., at 18070 Collins Avenue, Sunny Isles Beach, Florida, as previously <br />reviewed and approved on September 8, 2005, by the City Commission and adopted first as the tentative <br />operating and capital budget, be, and the same, is hereby adopted by the City as its final budget for <br />Fiscal Year 2005-2006 pursuant to Article 4.5 of the City Charter. <br /> <br />Section 3. Expenditure offunds 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 ofthe Charter ofthe City of Sunny Isles Beach. <br /> <br />02005- Operating and Capital Outlay Budget <br /> <br />Page 10f3 <br />