C7E - Expand Early Childhood Scholarships

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE, AT ITS JUNE 11, 2025 MEETING, TO CONSIDER AS PART OF THE FISCAL YEAR 2026 BUDGET PROCESS A BUDGET ENHANCEMENT OF APPROXIMATELY $100,000 FOR ADDITIONAL SCHOLARSHIPS AND A MODIFICATION TO THE EARLY CHILD CARE PREKINDERGARTEN PROGRAM FOR MIAMI BEACH RESIDENTS COMMENCING IN SCHOOL YEAR 2026-2027 BY: (I) ALLOCATING THE SCHOLARSHIP FUNDS, IN THE AMOUNT NOT TO EXCEED $440,000.00 TO SERVE UP TO 220 ELIGIBLE FOUR YEAR OLD MIAMI BEACH CHILDREN ENROLLING IN PREKINDERGARTEN 4 CLASSES WITH A SCHOLARSHIP AMOUNT OF UP TO $2,000; (II) REALLOCATING THE REMAINING PROGRAM FUNDS, IN THE AMOUNT NOT TO EXCEED $220,000.00 TO SERVE UP TO 220 ELIGIBLE THREE-YEAR-OLD MIAMI BEACH RESIDENT CHILDREN WITH A SCHOLARSHIP AMOUNT OF UP TO $1,000; AND FURTHER, AUTHORIZING THE CITY MANAGER OR HIS/HER DESIGNEE TO EXECUTE ANY REQUIRED AGREEMENTS OR DOCUMENTS TO IMPLEMENT THE PROGRAM.