Item Coversheet
 Consent Agenda
9.7.


City of North Miami Beach
17011 NE 19 Avenue
North Miami Beach, Fl 33162
305-947-7581
www.citynmb.com

MEMORANDUM



 

TO:Mayor and City Commission
FROM: City Manager Mario Diaz
VIA: Mario Diaz, City Manager
DATE:November  14, 2023



 RE: Resolution No. R2023-114 to Approve of Professional Consulting Services with Raftelis Financial Consultants Inc for Citywide Rate Study (Mario A. Diaz, City Manager)


Description
 
BACKGROUND ANALYSIS:


 

Raftelis Financial Consultants, Inc. ("Raftelis “) provides Professional consulting services associated with the preparation of Citywide fee/rate study through the Martin County Piggyback Contract #RFP2021-3343.

 

The City’s daily operations serve thousands of residents, visitors, business and home owners, developers and so many more are facilitated through various departments, whose functions sometimes require fees for effective operations. A Citywide fee/rate study will help better determine if the City’s rate structure provides ample revenue to operate in a safe and lawful manner.

 

Raftelis has provided a detailed phased approach to provide a comprehensive fee/rate study for multiple City departments. The study will incorporate historic data, current market trends, economic climate as well as local, state, and federal laws that govern each department.

 RECOMMENDATION:


 

City Manager and the Chief Procurement Officer recommend that the City Commission approve the Professional Service Agreement with Raftelis for citywide rate and financial consulting services in an estimated budgeted amount of $367,400.00

 FISCAL/ BUDGETARY IMPACT:
 As approved in the adopted FY24 budget appropriation. 



ATTACHMENTS:
Description
R2023-XX Resolution to Approve Professional Consulting Services with Raftelis Financial Consultants Inc.
Proposal