The URL can be used to link to this page

Home My WebLink AboutSEOPW-CRA-2000-01-24-Discussion Item 03CITY OF MIAMI COMMUNITY REDEVELOPMENT AGENCY Director of Fiscal Operation's Report Including Statement of Funding Sources and Expenditures Schedule of Operating Expenses Schedule of Project and Program Expenses And Statement of Funding Sources and Expenditures by Projects and Programs For the quarter ending, December 31, 1999 TIF Committee Met and presented CRA's consolidated, SEOPW, OMNI, and Projects and Programs w/ Funding Sources budgets for fiscal year 2000 on November 8, 1999. The committee requested the budget be presented in a format depicting SEOPW and OMNI as stand alone budgets and the resolution approving CRA's budget. The committee is in receipt of the stand alone budgets and will inform CRA of the next scheduled meeting. Correspondence from the executive director was sent to the county manager requesting a one-time $400,000 exemption of TIF monies from the OMNI area and was included in the budget and budget presentation. We were informed the county manager had not responded to date and follow-up would be forthcoming. Grants Urban Infill and Redevelopment p t Assistance Grant ,. The CRA is actively engaged in partnership with the City of Miami and the community for preparation of the "draft" application of HB- 17 Urban Infill and Redevelopment Assistance Program. This grant will be competitively bid in the amount of $2.5M divided into 30% I for planning, 60% for fifty-fifty matching and 10% for implementation grants under $50,000. Attendance at the October 25th workshop was informative where our participation and comments were welcomed on drafting the rule and grant application. Safe Neighborhood Parks- Interest Earnings Grant ` Applied for $750,000 and received $55,000 through City of Miami Parks and Recreation Department for the Gibson Park Annex Culture and Technology Center. Keep Florida Beautiful Grant tv COn behalf of the Overtown Advisory Board a $10,000 grant with grantee match of $10,000 was applied for and received. C)City of Miami Community Development Applied for allocations of $1,467,222 and to -date received funding in the amount of $325,000 for baseline funding commitments and '1 $379,000 to support operating expenses. Carryforwards from prior year baseline fundings have not been received. I City of Miami General Funds As directed by Board Chairman Teele, $60,000 of general funds were decreased to aid in balancing the City's budget. Thus the udget reserves in the OMNI and Operating accounts were reduced $26,426 and $33,574 respectively. The total revised budget is (11-'--$22,071,075. Prior year Balances With the exception of the above mentioned projects all prior balances in the budget have been recorded in the accounts. Payroll Tax Returns W-2's have been issued to all employees. Federal Payroll forms 941 and State Forms UCT-6 for year ending 1999 have been filed accordingly. Auditors The firm of KPMG has been engaged to perform the audit services for fiscal year 1998-99 and preparation of an accounting 'C procedures manual. s A proposal to prepare an OMB Circular A-87 cost allocation plan has been requested and received from KPMG. This proposal has �- not been acted on due to instructions from COM Community Development that in FY 2000 direct costing will be allowed for reimbursement and drawdowns of funds. Staffing Resolutions have been requested to continue and extend employment for: 4 Employee y Chelsea Arscott, Executive Assistant Salary $32,000 in addition to COM employment Jeanette Thompson, Secretary $20,000 Er, Werner Kuster, Business Specialist $20,000 Part-time 'Aaron Strong, Sanitation and Code Inspector $13.55 per hour or current rate in addition to COM employment !- Supporting documentation for City of Miami employees charged to the CRA have not been received and thus have not been included in the attached expenditure report. ` Vx nditures 1=See attached report E 4 City of Miami Community Redevelopment Agency Statement of Funding Sources and Expenditures For the quarter ending, December 31, 1999 SEOPW OMNI Community Revised Trust Trust Capital Community YTD FY 2000 Funding Sources Fund Fund Operating Projects Programs Total Budget Tax Increment Revenues -City 871,214 Tax Increment Revenues -County 534,485 1995 Special Non Ad Valorem Revenue Bonds 2,000,000 2,000,000 2,000,000 City of Miami General Support 279,488 279,488 279,488 City of Miami - HR Support 242,576 60,445 303,021 303,021 City of Miami - Community Development Support 704,000 704,000 1,467,222 C City of Miami- Parking Revenue 75,000 Community Development Block Grant 5,000,000 FIND -Grant 134,150 134,150 134,150 Grant -Other 1,532,778 Safe Neighborhood Parks Bond -city pass thru 735,249 735,249 680,249 Guaranteed Entitlement Revenue Bonds -city pass thru 60,140 60,140 60,140 Interest on Investment 85,985 r Tax Increment-1 time exemption from County Prior year carryover 750,529 790,786 354,488 1,895,803 3,392,640 SEOPW Fund Balance Appropriated 1,400,000 1,400,000 1,400,000 OMNI Fund Balance Appropriated 1,200,000 1,200,000 1,200,000 CRA Fund transfer -in from SEOPW Trust fund 2,289,353 CRA Fund transfer -in from OMNI Trust fund 765,350 Jw Total Funding i $2,150,529 $1,990,786 $876,552 $2,929,539 $764,445 $8,711,851 $22,071,075 Expenditures f `s' Salaries and Fringe Benefits Operating Expenses Furniture, Fixtures and Equipment Community Redevelopment Projects and Programs -� SEOPW Fund Transfer -out to CRA Fund C.,OMNI Fund Transfer -out to CRA Fund I ' County Interlocal Agreement nBudget Reserve c Total Expenditures 9 9,021 6,192 49,935 7,845 72,993 896,435 50,917 50,917 372,340 62,000 18,433 18,433 15,192,711 2,289,353 765,350 1,184,163 1,308,723 6,192 100,852 18,433 7,845 142,343 22,071,075 "a'Funding Sources over (Under) Expenditures $2,141,508 $1,984,594 $775,700 $2,911,106 $756,600 $8,569,508 City of Miami Community Redevelopment Agency Schedule of Operating Expenses For the quarter ending, December 31, 1999 YTD Expenditures Rent Expense 6,016 Office Supplies & Expenses 2,759 Postage 12 Delivery Services 230 Professional Services -Legal 30,012 Repairs and Maintenance 5,126 Printing 1,027 Books Publications Memberships 4,275 Training and Workshops 250 Travel and Per Diem 516 Telephone and Communication Services 695 Total Operating Expenses 50,917 City of Miami Community Redevelopment Agency Schedule of Project and Program Expenses For the quarter ending, December 31, 1999 YTD Expenditures Appraisals 4,150 Office Supplies & Expenses 250 Other Contractual Services 4,788 Equipment 650 Printing 5,645 Promotional Activities 850 Landscaping 2,100 Total Operating Expenses 18,433 ttri 4� n City of Miami Community Redevelopment Agency Statement of Funding Sources and Expenditures by Projects and Programs For the quarter ending, December 31, 1999 YTD Revised YTD Funds FY 2000 FY2000/2004 A. Planning, Development, Technical Assistance and Program Compliance Expenditures Received Budget Budget Priority Proiects and Programs ' Administration: Southeast Overtown Park West Redevelopment Plan $9,021 $2,150,529 $2,841,126 $2,841,126 ' Administration: Omni Redevelopment Plan 6,192 1,990,786 2,493,299 2,493,299 ' Administration: Community Redevelopment Operating Cost 100,852 876,552 1,149,352 1,149,�, ' Direct Costs: Employees for Projects and Programs 7,845 60,445 394,587 394.6. ' Enhancement of property assessments and options to improve 350,000 3,500,000 values in the vicinity of Camillus House ' Property assessment revaluation 20,000 20,000 * Design assistance, award of grants and other incentives to existing businesses in Overtown 650 50,000 250,000 500,000 ' Planning and implementation of environmental pilot projects for SEOPW and Omni using the Greater Miami Service Corps 250,000 250,000 ' Coordination of infrastructure improvements with City of Miami and Miami -Dade County Public Works, 100,000 100,000 Miami Dade County Water and Sewer Department, FDOT, Off -Street Parking Authority and other relevant agencies ' Planning of Historic Priority Business Corridor 35,000 35,000 ' Planning and development of parking facilities for the Historic Priority Business Corridor 2,000 60,000 2,210,000 2,210,000 ' Identification, marketing and negotiation of a national franchiser as a Pioneer project for the 350,000 600,000 Historic Priority Business Corridor ' Planning, design and development of a Job Creation Plaza (Phase 1) 950,000 1,625,000 ' Development of a Professional Office Complex 2,000,000 2,200,000 2,200,000 ' Planning, design and development of infrastructure improvements in the Historic Priority Business Corridor 200,000 1,800,000 ' Master Planning, Design and Construction of Margaret Pace Park 434,150 1,600,000 2,634,6 ` Technical assistance, program compliance and marketing to complete Phase III of Poinciana Village 13,383 20,000 20,000 20,0 ' Technical assistance and coordination of Phase IV of Poinciana Village 45,000 70,000 70,000 ' Provide planning, coordination and technical assistance to the Black Archives Historic Village Development 85,000 130,000 130,000 ' Planning, development and preparation of grant applications for Gibson Park Annex Culture and Technology Center 5,000 185,000 1,500,000 ' Development of a Master Plan Implementation Strategy for SEOPW and OMNI CRA areas 13,000 175,000 175,000 * Plan and develop the frontage of 3rd Avenue north of the Lamont Building for business usage in coordination 100,000 300,000 with St John's CDC ' Create and design an overlay of special fencing for all government owned properties in Overtown 100,000 200,000 d YTD Revised YTD Funds FY 2000 FY 2000/20004 Ongoing Proiects and Programs Expenditures Received Budget Budget ' Technical assistance and program compliance to St. John Community Development Corporation's 5,000 10,000 affordable housing development project ' Historic designation activities in the CRA areas • Establishment of an Artists District by legislation " Develop and arts and culture office incubator including art studios and residences • Technical assistance to the Historic Lyric Theatre Redevelopment ' Planning, design and development of infrastructure improvements in the Historic Folklife Village • Planning, design and development of parking facilities to support the Lyric Theatre and the Folklife Village ' Completion of NW 9th Street Pedestrian Mall • Miscellaneous business activity: development and relocation of new businesses to Overtown • Technical assistance/liaison to Optimists Club activities 250 ` Establishment of pilot infrastructure improvement and maintenance program " Planning , design and coordination of a Special Lighting and Security District in Park West • Technical assistance for the development of property known as Sawyers Walk ' Plan the improvements to Overtown Parks: Gibson Park, Williams Park, Reeves Park, Dorsey Park and Athalie Range Park • Renovation of historically significant buildings: Ward Rooming House, Old People's BBQ, Lamont Building, Cola Nip Building, Overtown Police Precinct and any others that can be identified ` Miscellaneous land acquisition 2,150 • Planning and Coordination of the North Bayshore extension and the Venetian Causeway approach " Planning and design of the Baywalk behind the International Fine Arts College . Development of a "Gateways" project into the Omni and the Southeast Overtown Park West Areas B. Home ownership pre -qualification and counseling C. Little Haiti employment creation project D. Grants to existing businesses program E. Laredo/Re-Use Plan (CLUC 90 properties) 50,000 50,000 5,000 5,000 5,000 250,000 1,200,000 15,000 15,000 15,000 200,000 2,000,000 50,000 500,000 1,300,000 1,300,000 250,000 250, 1,000 5,000 5,0K 200,000 200,000 50,000 1,400,000 30,000 30,000 30,000 495,389 990,389 1,056,139 50,000 750,000 1,405,000 550,000 550,000 20,000 20,000 45,000 450,000 45,000 45,000 262,322 262,322 225,000 225,000 225,000 500,000 500,000 100,000 100,000 1,000,09- $142,343 $8,711,851 $22,071,075 $37,226,475 ile : \\DATP_SERVER2,5\BLDIST\BUDGET\SCI\0133418.-.�ZEQ PGM TO: FN/SC/PO/RPT10 C I T Y O F N I A M I PAGE 20- 908 RUN DATE: 11/11/1999 DETAILED REVENUE AND EXPENDITURES BY PROJECT RPT RFC:REPORT 10 12 FISCAL MONTH AS OF 09/30/1999 FUND 101 COMMi1N1TY REDEVELOPMENT AREA PROJECT 705128 SOUTHEAST OVERTOWN/PARK WEST RE -DEVELOPMENT ENTITLEMENT PERIOD 09/30/97 TO 09/30/99 PORTION EXPIRED 100.0 STATUS ACTIVE OF REVISED * * REVENUES / EXPENDITURES " OUTSTANDING REMAINING INDEX MIN% CODE 0B3 DESCRIPTIONBUDGET TOTAL BUDGET CURR MONTH CURR Y-T-D TOTAL T-D ENCUMBRANCE BALAtcCE R E V E N U E S * * * 045223 CDBG - 23RD YEAR 159,986 159,986 159,986 159,986- 339 US DEPT OF H U D INDEX CODE 045223 159,986 159,996 159.986 159,986- TOTAL REVENUES 159,986 159,986 1S9,986 159,986- E X P E N D I T U R E 5* t¢¢ 459428 SO. EAST OVERTOWN/PARK DEVELMT 220 PROFESSIONAL SERVICES - APPRAI 100.0 12,700 12,700 12,700 131,279 1,192 7,304 230 PROFESSIONAL SERVICES - ARCHIT 94.7 100.0 139,767 81,427 135,346 40,546 131,279 66.119 66,118 15,309 250 PROFESSIONAL SERVICES - LEGAL 270 PROFESSIONAL SERVICES - OTHER 98.2 35,000 32,224 32,224 283 2,174 600 287 ADVERTISING 100.0 340 OTHER CONTRACTUAL SERVICES - 0 100.0 283 40,06S 283 32,847 293 32.847 32,847 7,218 i,891 540 UTILITY SERVICES - ELECTRICITY 16.1 100.0 2,254 2,643 156 2,643 363 2,643 363 2,643 610 RENT OF EQUIPMENT - OUTSIDE 99.9 22,879 1,203 18,046 18,046 4,912 19 620 kENT BUILDINGS 690 PROMOTIONAL ACTIVITIES 100.0 1,351 1.351 721 1,351 1,958 1,351 1,958 2,735 700 OFFICE SUPPLIES 99.9 722 MISCELLANEOUS SUPPLIES 100.0 4,695 3,301 1,072 2,938 2,938 217 362 760 BOOKS PUBLICATIONS MEMBERSHIPS 100.0 217 217 45 ® 195 INTERDEPMENTAL CHGES -POLICE I 99.9 45 33,268 33,267 33,267 930 AID TO PRIVATE ORGANIZATION INDEX CODE 459428 97.4 379,9DO 216,173 336,241 336,241 33,795 9,863 i TOTAL EXPENDITURES 97.4 379,900 216,173 336,241 336,241 33,795 9,863 RECAP: REVENUES LESS EXPENDITURES 329,900- 56,187- 176,255- 176,255- .' �� . • 7671 Date t 0( P pages (� postAr Fax Note TaC. F LA collceo. Qll P!K,ne PMne i Fax 0 Fax#3�S-�,So� �34 gage: 908 13