City of Coral Gables - File #: 17-6550

• File #: 17-6550
• Version: 1
• Type: Ordinance
• Status: Adopted
• File created: 9/20/2017
• In control: City Commission
• On agenda: 9/26/2017
• Final action: 9/26/2017
• Enactment date: 9/26/2017
• Enactment #: 2017-37
• 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. (Passed on First Reading on September 14, 2017)

Date	Ver.	Action By	Action	Result
9/26/2017	1	City Commission	adopted by Ordinance Number	Pass

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.  (Passed on First Reading on September 14, 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 was presented at the September 14, 2017 hearing was $192,355,830; a decrease of $1,302,569.  Details of this change were discussed at that hearing.  The budget that will be presented at the 2nd and final hearing is $192,355,830, unchanged from the 1^st hearing.  The Ordinance passed on First Reading on September 14, 2017.