HomeMy WebLinkAboutComposite Exhibit AComposite Exhibit "A"
Resolution of the Members of the Governing Body of the Liberty City Community
Revitalization Trust of August 19, 2020
authorizing the Trust's Fiscal Year 2020-2021 Budget, with all attachments thereto
including the required Budget Form
RESOLUTION NO. ZO-005
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE LIBERTY
CITY COMMUNITY REVITALIZATION TRUST ("LIBERTY CITY TRUST")
APPROVING THE LIBERTY CITY COMMUNITY REVITALIZATION
TRUST'S ANNUAL/MASTER PLAN FOR THE FISCAL YEAR 2020-2021.
TYRONEY.. COVERSON, CHAIR
Approved by the Board of Directors of the Liberty City Community Revitalization Trust at
its meeting of August 19, 2020.
e
ELAINE H. BLACK
PRESIDENT/CEO
STATE OF FLORIDA )
COUNTY OF MIAMI-DADE )
Subscribed and sworn to before me by ELAINE H. BLACK, President/Chief
Executive Officer, as the official recordkeeper for the Liberty City Trust, who is
personally known to me
adWtlatrw4 on the ::�/ day of .< ,. , 2020.
V
My Commission expires:
:off rou iSHUDSON
Notary Public'- State of Florida
is �a Commission # GG 3617t3
�+ My Comm. Expires Aug 1, 2023
Bonded through National Notary Assn,
State of Florida
RESOLUTION NO. Z0-004
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE LIBERTY
CITY COMMUNITY REVITALIZATION TRUST ("LIBERTY CITY TRUST")
APPROVING THE ANNUAL BUDGET OF THE LIBERTY CITY
COMMUNITY REVITALIZATION TRUST IN THE AMOUNT OF EIGHT
HUNDRED NINE THOUSAND, SEVEN HUNDRED ELEVEN AND 00/100
DOLLARS ($809,711.00) FOR THE FISCAL YEAR COMMENCING
OCTOBER 1, 2020 AND ENDING SEPTEM 30, 2021.
TYRONE VCOVERSON, CHAIR
Approved by the Board of Directors of the Liberty City Community Revitalization Trust at
its meeting of August 19, 2020.
ELAINE H. BLACK
PRESIDENT/CEO
STATE OF FLORIDA
COUNTY OF MIAMI-DADE
Subscribed and sworn to before me by ELAINE H. BLACK, President/Chief
Executive Officer, as the official recordkeeper for the Liberty City Trust, who is
personally known to me
,Aftntftal �", on the day of
Public, State of Florida
My Commission expires:
�rxv ooe •.. IRIS HUDSD1,2023
Notary Public - Sta
Commission # GMy Comm. ExpiresBonded through Nationa
Liberty City Trust
Budget Template FY 242D-21 Proposed Budget
FY 2016.17 Actual IY 2017-18 Actual FY 2018-19 Actual I FY2019-20 Budgetl FY2019-20 Projection FY 20-21 Proposed I I Difference jNotes
Number of Full -Time Positions
3
3
3
3
3
3
Are any positions funded in other budgets?
No
if so, how much is in this budget?
$
$
If so, how much is in the other budget?
Revenues
General Fund
$ 199,000
$ 199,000
$ 199,000
$ 199,000
$ 199,000
$ 199,000
Fund Balance Carryover
$ 60,363
$ 54,004
$ 233,599
$
$ 87,762
$ -
Neighborhood Improvement Grant R/O
$
$
$
$
$ -
$
Off Street Parking
19,575
$ 15,000
$ 15,000
$ 17,000
$ 17,000
$ 17,000
Orange Bowl Committee Donation
$
$ 15,000
$ -
$ -
$ -
Other Income
$ -
$ -
$ 17,030
$
$
$
Skyrise Rollover
$ 347,787
$ 185,682
$ -
$
$
$
Anti -Poverty Contribution {SYEP 2016j
$ -
$
$
$
$
$
Anti -Poverty Contribution (SYEP 2017)
$ 250,000
$
$
$
$
$
Anti -Poverty Contribution SYEP 2018j
$
$ 400,000
$
$
$
$
Anti -Poverty Contribution (SYEP 20191
$
$ -
$ 200,000
$
$
$ -
Anti -Poverty Contribution (SYEP 2020)
$
$ -
$ -
$ 200,000
$ 200,000
$ -
Anti -Poverty Contribution SYEP R/0
$ 1,044
$ 1,637
$
$ 71,525
$ 71,525
$ 100,950
Orange Bowl Committee Donation R/0
$
$ -
$ -
$
S
$
Wynwood Fundin
$
$
$ 500,000
$
$
$ -
Wynwood Funding Rollover
$
$
$ -
$ 500,000
$ 492,761
$ 492,761
MLK Mural Rollover
$ 90,000 I
$ 90,000
_$ -
$
$ -
$ -
Revenue Grand Total
$ 967,769 1
$ 960,323
$ 1,164,629
$ 987,525
$ 1,068,048
$809,711
Expenditures
Regular Salary and Wages
$ 372,583
$ 369,370
$ 417,491
$ 220,000
$ 469,060
$ 235,000
Fringe Benefits
$ Soo
$ 2,699
$ 2,600
$ -
$
$
FICA Taxes
$ 28,300
$ 27,963
$ 31,077
$ 17,000
$ 38,638
$ 27,000
Retirement Contributions
$
$
$ -
$ -
$
$
Life and Health Insurance
$
$ -
$
$
$ -
$
Workers' Compensation
$ 8,051
$ 2,569
$ 1,685
$ 3,500
$ 2,500
$ 2,275
Professional Services - Legal
$ -
$ -
$ -
$ -
$ -
$ -
Professional Services
$ 43,478
$ 16,274
$ 15,288
$ 15,000
$ 15,000
$ 17,000
Accounting and Auditing
$ 7,000
$ 7,000
$ 7,500
$ 8,000
$ 7,800
S 8,500
Other Contractual Services
$ 154,453
$ 273,294
$ 30,665
$ 4,000
$ 15,000
$ 7,500
Travel and Per Diem
$ 5,305
$ 1,791
$
$ 3,000
$ 3,000
$ 3,000
Communications and Related Services
$
$ -
$
$ -
$ _
$ -
Postage
$
$ 37
$
$ 250
$ 200
$ 250
Utility _
$
$ - -
$
$ -
$ -
$
Rentals and Leases
$ 1,233
$ 1,147
$ 1,147
$ 1,500
$ 1,425
$ 1,700
Repair and Maintenance Services
$
$
$ -
$ -
$
$ -
Printing and Binding
$ 160
$ 100
0
$ 500
$
$ 500
Advertising and Related Costs
$ 850
$ 448
0
$ -
$ 703
$ 1,000
Other Current Charges and ON
$ 836
$ 808
$ -
$ 6,725
$ 5,000
$ 3,500
Office Su lies
$ 4,317
$ 2,532
$ 1,861
$ 2,550
$ 5,000
$ 2,500
Insurance - General Uability
3,129
3132
3,197
3,986
4 200
Operating Supplies
2 662
8,324
7 369
2,725
2,725
Clothing Uniform
$ 3,359
9,060
6 637
3 200
5,000
-
Motor Fuel
$
$ -
$
$ -
$ -
$
Pub,,cSafety Supplies
$ -
$ -
$
$
$
Liberty City Trust
Budget Template FY 2020-21 Proposed Budget
FY 2016-17 Actual FY 2017-18 Actual FY 2018-19 Actual FY2019.20 Oudgetj FY2019.20 Projection FY 20-21 Proposed I F Difference Notes
0
Number of Full -Time Positions
3
3
3
3
3
3
Are any positions funded in other budgets?
No
If so, how much is in this budget?
$
If so, how much is in the other budget?
$
Subscriptions, Memberships, and Licenses
$ 100
$ 175
jo
$ 300
$ 250
$ 300
Interfund Transfer
$ -
$ -
$
$ -
$ -
$
Capital Projects and Purchases
$
$
$
$
$
All Other Expenditures
$
$
$
$
$ -
$
Budget Reserve
$
$
$ 416
$ 500,000
$ 492,761
$ 492,761
Expenditure Grand Total
$ 636,416
$ 726,724
$ 526,913
$ 785,525
$ 1,068,048
$809,711
Revenues Minus Expenditures I $ 331,353 1 $ 233,599 1 $ 637,716 1 $ 202,000 1 $ 0 $0