City of Coral Gables

File #: 20-1631    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 8/31/2020 In control: City Commission
On agenda: 9/22/2020 Final action: 9/22/2020
Enactment date: 9/22/2020 Enactment #: 2020-25
Title: An Ordinance adopting the Annual Budget of Estimated Revenues and Expenditures for the Fiscal Year beginning October 1, 2020 and ending September 30, 2021; providing for the separability of the provisions hereof; and providing that this ordinance shall become effective October 1, 2020.
Attachments: 1. FY21 Cover Letter - Adoption of Annual Budget - 2nd Hearing, 2. FY21 Ordinance to approve Annual Budget -2nd Hearing, 3. FY21 Supporting Schedules for 2nd Hearing, 4. FY21 Cover Letter - Adoption of Annual Budget - 1st Hearing, 5. FY21 Ordinance to approve Annual Budget - Updated on 9/9/2020 - 1st Hearing, 6. FY21 Supporting Schedules for 1st Hearing

Title

An Ordinance adopting the Annual Budget of Estimated Revenues and Expenditures for the Fiscal Year beginning October 1, 2020 and ending September 30, 2021; providing for the separability of the provisions hereof; and providing that this ordinance shall become effective October 1, 2020.

Body

On July 1, 2020 the City Manager distributed the City’s Fiscal Year 2020-2021 Annual Operating Budget Estimate in the amount of $208,091,965 to the City Commission.  On July 15, 2020 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 10, 2020 hearing is $211,709,248; an increase of $3,617,283.    Attached to this agenda item is a document that details the $3,617,283 difference between the two budget versions.  These changes will be presented and discussed at the hearing.