City of Coral Gables

File #: 17-6521    Version: 1 Name:
Type: Ordinance Status: First Reading
File created: 9/5/2017 In control: City Commission
On agenda: 9/14/2017 Final action:
Enactment date: Enactment #:
Title: An Ordinance adopting the Annual Budget of Estimated Revenues and Expenditures for the Fiscal Year beginning October 1, 2017 and ending September 30, 2018; providing for the separability of the provisions hereof; and providing that this ordinance shall become effective October 1, 2017.
Attachments: 1. FY18 Cover Letter - Adoption of Annual Budget - 1st Hearing, 2. FY18 - Ordinance to approve Annual Budget - 1st Hearing - Final, 3. FY18 Supporting Schedules for 1st Hearing

Title

An Ordinance adopting the Annual Budget of Estimated Revenues and Expenditures for the Fiscal Year beginning October 1, 2017 and ending September 30, 2018; providing for the separability of the provisions hereof; and providing that this ordinance shall become effective October 1, 2017.

Body

On July 1, 2017 the City Manager distributed the City’s Fiscal Year 2017-2018 Annual Operating Budget Estimate in the amount of $193,658,399 to the City Commission.  On July 11, 2017 a workshop was held to present the budget estimate to the City Commission and answer any questions or concerns.  The budget that is being presented at the September 14, 2017 hearing is $193,355,830; a decrease of $302,569.    Attached to this cover letter is a document that details the $302,569 difference between the two budget versions.  These changes will be presented and discussed at the hearing.