An Ordinance of the City Commission amending the City of Coral Gables Code by Creating Chapter 2 “Administration,” Article VII “Finance,” Division 1 “Generally,” Section 2-352 Fund Balance and Reserve Policy,” to codify the Fund Balance and Reserve Policy establish pursuant to Resolution No. 2016-34 and to require a four-fifths vote of the City Commission prior to spending general fund reserves, except during a declared State of Emergency, and to provide that the policy may be amended by ordinance approved by a four-fifths vote of the City Commission; providing for a repealer provision, severability clause, codification, and providing for an effective date. (Sponsored by Mayor Lago)

Committee

City Commission

Introduced

May 1, 2025

On agenda

May 20, 2025

Passed

May 20, 2025

Enacted

May 20, 2025

Enactment no.

2025-05

Where it was heard

City Commission May 20, 2025 adopted by Ordinance Number Pass City Commission May 6, 2025 approved as an Ordinance on First Reading Pass

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