Laserfiche WebLink
ORDINANCE NO. 2016- 4 S 7 <br /> AN ORDINANCE OF THE CITY COMMISSION OF THE CITY <br /> OF SUNNY ISLES BEACH, FLORIDA AMENDING <br /> ORDINANCE NO. 2015-461; AMENDING THE CITY'S <br /> BUDGET NO. BA1516-04 FOR THE 2015-2016 FISCAL.YEAR - <br /> GENERAL FUND, STREET CONSTRUCTION & <br /> MAINTENANCE FUND, BUILDING FUND, PUBLIC ART <br /> TRUST FUND, CAPITAL PROJECTS FUND, STORMWATER <br /> OPERATIONS FUND, AND STORMWATER CAPITAL FUND; <br /> AUTHORIZING THE CITY MANAGER TO DO ALL THINGS <br /> NECESSARY TO IMPLEMENT THE TERMS AND <br /> CONDITIONS OF THIS ORDINANCE; PROVIDING FOR AN <br /> 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 2015-2016 (the "Budget") <br /> by Ordinance No. 2015-461; and <br /> WHEREAS, the City's Finance Director has determined a need to amend the Budget for <br /> Fiscal Year 2015-2016 to record (1) final audited fund balances for 09/30/2015; (2) revised <br /> transfers between funds as necessary; (3) increased appropriations and/or transfer of funds <br /> between departments and project to reflect actual needs based upon timing; (4) record non-cash <br /> acquisition of land for audit purposes; and (5) reduce budgeted bonus and TDR revenue to <br /> properly reflect anticipated receipts through the end of Fiscal Year 2015/2016; 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 <br /> CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> Section 1: Incorporation of Recitals. The foregoing "WHEREAS" clauses are hereby <br /> ratified and confirmed as being true and correct and are hereby made a specific part by this <br /> Ordinance upon adoption hereof. <br /> Section 2: Budget Amendment. The Budget for Fiscal Year 2015-2016 adopted by <br /> Ordinance No. 2015-461 is amended as Amendment No. BA1516-04 to reflect the revisions in <br /> Exhibit "A". All other terms and conditions of Ordinance No. 2015-461 not otherwise amended <br /> 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 <br /> all 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 /> 02016-Budget Amend BA1516-04 FY 2015-16 Page 1 of 2 <br />