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Home My WebLink AboutOMNI-CRA-R-02-0006January 28, 2002 OMNI/CRA ITEM 1J RESOLUTION NO. OMNI/CRA A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OMNI COMMUNITY REDEVELOPMENT AGENCY (CRA) APPROVING THE TRANSMITTAL OF THE REPORT OF ACTIVITIES FOR THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY FOR FY 1999-00 TO MIAMI DADE COUNTY PER FLORIDA STATUTES 163.356 (3)(C) AND PURSUANT TO THE INTERLOCAL COOPERATIVE AGREEMENT WHEREAS, the CRA desires to transmit the report of activities for FY 1999-00 for the Omni Communtiy Redevelopment Agency pursuant to Florida Statute 163.356(3)(c) and the Interlocal Copperative Agreement with Miami -Dade County. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE OMNI COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are incorporated herein as if fully set forth in this Section. Section 2. The Board of Directors of the CRA hereby authorizes the transmittal of the report of activities for Fiscal Year 1999-00 for the Omni Community Redevelopment Agency as detailed in "Exhibit A", pursuant to Florida Statute 163.356(3)(c) and the Interlocal Cooperative Agreement with Miami -Dade County Section 3. This Resolution shall be effective upon its adoption. PASSED AND ADOPTED this 28th day of January, 2002. Walter J. Foeman Clerk of the Board APPROVED AS TO FORM AND CORRECTNESS: Alejandro Vilarello General Counsel Arthur E. Teele, Jr., Chairman LU/CRA 02 - 06 CITY OF MIAMI, FLORIDA January 28, 2002 INTER -OFFICE MEMORANDUM ITEM 1J Chairman Arthur E. Teele Jr. and TO: Members of the CRA Board DATE: January 28, 2002 FILE: Transmittal of OMNI/CRA report of SUBJECT -Activities for FY 2000 Annette E. Lewis FROM: REFERENCES: Acting Executive Director ENCLOS?lution and Supporting Documents RECOMMENDATION It is recommended that the CRA Board of Directors approve the transmittal of the report of activities for the Omni Community Redevelopment Agency for FY 1999-00 to Miami Dade County pursuant to Florida Statutes 163.356 (3) (c) and the Interlocal Cooperative Agreement with Miami -Dade County. BACKGROUND On December 27, 2001, the CRA received a letter from Steve Shiver, Miami -Dade County Manger, requesting that the CRA submit to the Office of Community Economic Development ("OCED") a "report of activities" for the fiscal years ended September 30, 2000 and 2001. The report should include a report on activities undertaken with SEOPW and CRA Tax Increment dollars for the referenced years. The report should include the amount expended on projects, the project status and the anticipated completion date; FS 163.356 (3) (c) mandates that the report be filed with the governing body on or before March 31 or each year. This section also requires that the agency advertise and publish in a newspaper of general circulation a notice informing the public of the filed report. (91�/iM/CPA Q2-- 06 MIAMI-DADE COUNTY, FLC 'DA / MIAMI-0ADE MAW STEPHEN P. CLARK CENTER December 27, 2001 Ms. Annette Lewis Acting Executive Director City of Miami Community Redevelopment Agency 300 Biscayne Way Blvd., Suite 430 Miami, Florida 33131 OFFICE OF COUNTY MANAGER SUITE 2910 111 N.W. 1st STREET MIAMI, FLORIDA 33128-1994 (305) 375-5311 Re: Omni tax increment district - FY 2001-02 check transmittal — County revenue Dear Ms. Lewis: Enclosed is a check in the amount of $618,663 in payment of the -County -portion of the FY 2001-02 Omni tax increment district revenues. This is the amount noticed to your office in a letter from Tony E. Crapp, Sr., former Director, Office of Community Development (OCED) dated October 10, 2001. Your FY 2001-02 Miami Community Redevelopment Agency - Omni proposed budget must be finalized with OCED at this time. You were notified in the October 10, 2001 letter of the items needed in order to complete your proposed budget package. Upon OCED's receipt, your completed proposed budget package will be reviewed by the County's Tax Increment Finance (TIF) Committee and, upon its approval, will be scheduled for consideration by the Board of County Commissioners' (BCC) Economic Development and Housing Committee and by the full BCC. To the extent that our Interlocal Cooperation Agreement provides limitations, spending restrictions shall be in place prior to County approval of your budget. To date, OCED is not in receipt of the required report of activities for FY 1999-00 ended September 30, 2000 per Florida Statute 163.356(3)(c). This required report of activities is an important part of the public process and must be filed at this time. Your efforts toward this end are appreciated. As well, this required report of activities for FY 2000-01 ended September 30, 2001 is due to OCED by March 31, 2002. In closing, we appreciate your awareness of and cooperation regarding these issues. If you have any questions, please do not hesitate to contact David Morris, Director of the Office of Management and Budget at (305) 375-5143, Bryan K. Finnie, Acting Director of the Office of munity and Economic Development at (305) 375-3431 or me directly. Si e ly, Steve Shiver County Manager Enclosure cc: Carlos Gimenez, City Manager, City of Miami Tony E. Crapp, Sr., Assistant County Manager David M. Morris, Director, Office of Management and Budget Bryan K. Finnie, Acting Director, Office of Community and Economic Development Oil/CRA Cmo/03702e 02- 06 January 28, 2002 OMNI/CRA ITEM 1J RESOLUTION NO. OMNI/CRA A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OMNI COMMUNITY REDEVELOPMENT AGENCY (CRA) APPROVING THE TRANSMITTAL OF THE REPORT OF ACTIVITIES FOR THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY FOR FY 1999-00 TO MIAMI DADE COUNTY PER FLORIDA STATUTES 163.356 (3)(C) AND PURSUANT TO THE INTERLOCAL COOPERATIVE AGREEMENT WHEREAS, the CRA desires to transmit the report of activities for FY 1999-00 for the Omni Communtiy Redevelopment Agency pursuant to Florida Statute 163.356(3)(c) and the Interlocal Copperative Agreement with Miami -Dade County. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE OMNI COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. - The recitals and findings contained in the Preamble to this Resolution are incorporated herein as if fully set forth in this Section. Section 2. The Board of Directors of the CRA hereby authorizes the transmittal of the report of activities for Fiscal Year 1999-00 for the Omni Community Redevelopment Agency as detailed in "Exhibit A", pursuant to Florida Statute 163.356(3)(c) and the Interlocal Cooperative Agreement with Miami -Dade County Section 3. This Resolution shall be effective upon its adoption. PASSED AND ADOPTED this 28th day of January, 2002. Walter J. Foeman Clerk of the Board APPROVED AS TO FORM AND CORRECTNESS: Alejandro Vilarello General Counsel Arthur E. Teele, Jr., Chairman ( N4-_ I / CRA 02- 06 ' January 28, 2002 EXHIBIT "A" 0i,/CRA 02.- 06 02- 03 02- 06 Southease Overtown Parkwest Trust Fund Statement of Revenues and Expenditures Fiscal Year Ended 9/30/00 Beginning Fund Balance $ 1,073,011 Receipts: Tax Increment Revenue 570,982 Other Revenue 104,989 Operating Transfers In 528,870 Total Revenue 1,204,841 Expenditures: Operating Expenses 644,861 Capital Projects 275,617 (See Attached Schedule) Total Expenditures 920,478 Excess of reciepts over expenditures $ 284,363 Ending Fund Balance $ 1,357,374 SEOPW/CRA ®MNT/CRA 02- 09 02- 06 Southeast Overtown Parkwest Trust Fund Project Activity Report For The Fiscal Year September 30, 2000 Anticipated Amount Expended Completion Project # Project Description Budget TIF Other Total Status Date 1 Property assessment evaluation 20,000.00 2,387.00 2,387.00 On -going Planning, design and development of infrastructure improvements in the Priority 28 Business Corridor. 200,000.00 78,836.00 78,836.00 On -going Planning and development of parking facilities for the Historic Priority Business 17 Corridor 2,210,000.00 55,733.00 - 55,733.00 On -going Design assistance, award of grants and other 22 incetives to existing businesses in Overtown. 250,000.00 34,457.00 34,457.00 On -going Miscellaneous business activity: development and relocation to existing 23 business in Overtown. Planning, design and development of infrastructure improvements in the Priority 28 Business Corridor. 200,000.00 15,566.00 15,566.00 On -going 37 Miscelaneous land acquisition 550,000.00 61,996.00 61,996.00 On -going Technical assistance relating to the proposed location of The Marlins Basball Stadium in 50 Miami. - 26,642.00 26,642.00 Completed N/A Total Project Cost Expended 275,617.00 - 275,617.00 SEOPW / CRA 0 2 - 09 ON !BRA. 02- 06 MY OF MrAW SOUTJdEAST OVERTOWN PARS'; WEST RED.EVELOpMENT AGENCY (A COMPONENT UNIT OF THE MT OF MxAm FLORI D,A) Staterr wA of Revenue, Expenditures and Changes in Fund Balances All Governmental .Fund Types Fiscal year ended September 30, 2000 `- ioverttmebtal irut�d Types. Special Debt ` Capital General revimme service project Rct enues: Tax increment revenue State of Florida revenue sbmiDg Pexking lease - Rental itater+est Other Total mmue Espm&tures: Cunrcmt: General government Debt service: `interest Capital outlay Total expcnditures Excess (deficiency) of revenue over (under) expenditures 570,982 - - 300,000 — . S065 — 50,340 is 09 30,663 115,576 4 5Q,341— 675, 'ice 330,663 119,777 524,020 430,259 — 224 699,993 — i`�`12,479 — — 275,617 �9_ 43 59 794,993 275,841 (486,159) 245,712 (464,330) 156,064) Other fmaxlci Sources (uses): ►=`�` Operating trazasfexs in 214,602 353,649 — 275,617 .= : Operating hvnsfers out ; i�1 ;1Si' (333,649) (490,219) — OXati ag transfers in from Pn' ary. rvamnieat I.202,152 175,221 943,833 — Tutal other financing sources (us). , ,16iT3,105 38,651 9, _3� 27 Excess of revenue and otboer J5nandng sources over expeuditums and otbAr firm--ng uses Flmd balances, g of year Fund balaweq, end of y* See acoo�anyiti$;1a0teg to firtawe�ial stateApc�t3, 576,946 284,363 479,503 119,553 920,236 1.073,0I1 294,860 2.171.350 S 1,497,182 1,357,374 774 363 2,290,903 4 SEOPW I CRA 02- 09 CRA 02- 06 MIAMI-DADE COUNTY, FLORIDA 4,04� %. I•" M IAM I-D 6 STEPHEN R CLARK CENTER OFFICE OF COUNTY MANAGER December 27, 2001 Ms. Annette Lewis Acting Executive Director City of Miami Community Redevelopment Agency 300 Biscayne Way Blvd., Suite 430 Miami, Florida 33131 SUITE 2910 111 N.W. 1st STREET MIAMI, FLORIDA 33128-1994 (305) 375-5311 Re: Omni tax increment district - FY 2001-02 check transmittal-- County revenue Dear Ms. Lewis: Enclosed is a check in the amount of $618,663 in payment of the County -portion of the FY 2001-02 Omni tax increment district revenues. This is the amount noticed to your office in a letter from Tony E. Crapp, Sr., former Director, Office of Community Development (OCED) dated October 10, 2001. Your FY 2001-02 Miami Community Redevelopment Agency - Omni proposed budget must be finalized with OCED at this time. You were notified in the October 10, 2001 letter of the items needed in order to complete your proposed budget package. Upon OCED's receipt, your completed proposed budget package will be reviewed by the County's Tax Increment Finance (TIF) Committee -and, upon its approval, will be scheduled for consideration by the Board of County Commissioners' (BCC) Economic Development and Housing Committee and by the full BCC. To the extent that our Interlocal Cooperation Agreement provides limitations, spending restrictions shall be in place prior to County approval of your budget. To date, OCED is not in receipt of the required report of activities for FY 1999-00 ended September 30, 2000 per Florida Statute 163.356(3)(c). This required report of activities is an important paof the public process and must be filed at this time. Your efforts toward this end are appreciated. As well, this required report of activities for FY 2000-01 ended September 30, 2001 is part due to OCED by March 31, 2002. In closing, we appreciate your awareness of and cooperation regarding these issues. If you have any questions, please do not hesitate to contact David Morris, Director of the Office of Management and Budget at (305) 375-5143, Bryan K. Finnie, Acting Director of the Office of munity and Economic Development at (305) 375-3431 or me directly. Si e ly, Steve Shiver County Manager Enclosure cc: Carlos Gimenez, City Manager, City of Miami Tony E. Crapp, Sr., Assistant County Manager David M. Morris, Director, Office of Management and Budget Bryan K. Finnie, Acting Director, Office of Community and Ec CKAr�Ic Development Cmo/03702e I 0 -- 0 9 0 ��/QR) n cts n � OMNI Trust Fund Statement of Revenues and Expenditures Fiscal Year Ended 9/30/00 Beginning Fund Balance Receipts Tax Increment Revenue 834,718 Other Revenue 97,335 Operating Transfers In - Total Revenue 932,053 Expenditures: Operating Expenses 37,505 Capital Projects 101,455 Remittance to Dade County 1,104,733 $ 1,516,424 Total Expenditures 1,243,693 Excess of reciepts over expenditures $ (311,640) Ending Fund Balance (See Attached Schedule) SEOPW / CRA 0 / CRA 02- 09 02_ 06 OMNI Trust Fund Project Activity Report For The Fiscal Year September 30, 2000 Amount Expended Project # Project Description Budget TIF Other Total Status 1 Margaret Pace Park 976,450.00 101,455.00 - 101,455.00 On -going Total Project Cost Expended 101,455.00 - 101,455.00 SEOPW/CRA 02- 09 O /CRA 02- 06 CITY OF MIAMI ONINI COMMUNITY REDEVELOPMENT AGENCY, (A COMPONENT UNIT OF THE CITY OF MIAMI, FLORIDA) Statement of Revenue, Expenditures and Changes in Fund Balances All Governmental Fund Types Fiscal year ended September 30, 2000 Revenues: Tax increment revenue Remittance to Miami -Dade County, Florida Net Interest Total revenue Expenditures: Current: General government Capital outlay Total expenditures Excess (deficiency) of revenue over (under) expenditures Other financing sources (uses): Operating transfers in Operating transfers out Total other financing sources (uses) Deficiency of revenue and other financing sources under expenditures and other financing uses Fund balances, beginning of year Fund balances, end of year Governmental Fund Types Special Capital General revenue project $ — 834,718 — (1,104,733) — (270,015) — 97,335 — (172,680) — 37,505 37,505 0 101,455 101.455 (37,505) (172,680) (101,455) 37,505 — 101,455 (138,960) — 37,505 (138,960) 101,455 (311,640) — 1,516,424 — — 1,204,784 — SEOPW/CRA MfCRA 4 i�ow 09 02— 06 MIAMI-DADE COUNTY, FLORIDA ��jEI4 � P., MIAMI- ,f,, STEPHEN P. CLARK CENTER December 27, 2001 Ms. Annette Lewis Acting Executive Director City of Miami Community Redevelopment Agency 300 Biscayne Way Blvd., Suite 430 Miami, Florida 33131 OFFICE OF COUNTY MANAGER SUITE 2910 111 N.W. 1st STREET MIAMI, FLORIDA 33128-1994 (305) 375-5311 Re: Omni tax increment district - FY 2001-02 check transmittal — County revenue Dear Ms. Lewis: Enclosed is a check in the amount of $618,663 in payment of the County -portion of the FY 2001-02 Omni tax increment district revenues. This is the amount noticed to your office in a letter from Tony E. Crapp, Sr., former Director, Office of Community Development (OCED) dated October 10, 2001. Your FY 2001-02 Miami Community Redevelopment Agency - Omni proposed budget must be finalized with OCED at this time. You were notified in the October 10, 2001 letter of the items needed in order to complete your proposed budget package. Upon OCED's receipt, your completed proposed budget package will be reviewed by the County's Tax Increment Finance (TIF) Committee and, upon its approval, will be scheduled for consideration by )he Board of County Commissioners' (BCC) Economic Development and Housing Committee and by the full BCC. To the extent that our Interlocal Cooperation Agreement provides limitations, spending restrictions shall be in place prior to County approval of your budget. To date, OCED is not in receipt of the required report of activities for FY 1999-00 ended September 30, 2000 per Florida Statute 163.356(3)(c). This required report of activities is an important part of the public process and must be filed at this time. Your efforts toward this end are appreciated. As well, this required report of activities for FY 2000-01 ended September 30, 2001 is due to OCED by March 31, 2002. In closing, we appreciate your awareness of and cooperation regarding these issues. If you have any questions, please do not hesitate to contact David Morris, Director of the Office of Management and Budget at (305) 375-5143, Bryan K. Finnie, Acting Director of the Office of munity and Economic Development at (305) 375-3431 or me directly. Si e ly, Steve Shiver County Manager Enclosure cc: Carlos Gimenez, City Manager, City of Miami Tony E. Crapp, Sr., Assistant County Manager David M. Morris, Director, Office of Management and Budget Bryan K. Finnie, Acting Director, Office of ComM 6&onomic Development �y O M\t Tf /C'RA Cmo/03702e U 2 -� 00 0 2— 06 Assets: Cash, cash equivalents and investments $ Accounts receivable Cash held by other government Due from other funds Allowance for accounts receivable Interest receivable Market gain/(loss) investments Restricted assets Total Assets Liabilities and Fund Balance Accounts payable Due to other funds Cash deposit due to other Gov't Prepaid Income Total liabilities Fund Balance. Reserved for encumbrances O Undesignated Total Liabilities and Fund Balances City of Miami Community Redevelopment Agency Unaudited Combined Balance Sheet as of October 30, 2001 OMNI SEOPW OMNI-TIF SEOPW-TIF General Oneratine Redev. Proi Community Proe. SEOPW-Redev. SEOPW-Redev.Tru: Totals SEOPW only 357,061 1,681,454 137,413 1,077,283 (252,223) (5,813) (276) 2,994,898 2,637,837 - 500,000 - - - 500,000 500,000 663,895 663,895 - 353,649 50,340 403,989 403,989 5,741 13,144 7,884 7,628 34,398 28,657 5,275 13,568 7,700 6,526 33,068 27,793 1,031,972 2,561,815 203,337 1,091,437 (252,223) (5,813) (276) 4,630,248 3,598,276 2,680 407,941 192,228 - 602,849 600,169 50,340 353,649 403,989 403,989 663,895 663,895 663,895 554,148 554,148 554,148 2,680 1,122,176 1,100,025 2,224,881 2,222,201 1,029,292 1,439,639 (896,688) 1,091,437 (252,223) (5,813) (276) 1,376,075 2,405,367 1,029,292 1,439,639 (896,688) 1,091,437 (252,223) (5,813) (276) 2,405,367 1,376,075 1,031,972 2,561,815 203,337 1,091,437 (252,223) (5,813) (276) 4,630,248 3,598,276 Revenues Taxes Rentals Interest on investments Transfer to from Community Development Contribution from General Fund Offstreet parking Carryover fund balance Contribution from other governments Contribution Guaranteed Entitlement Contribution from off street parking Impact fees Total revenue Expenditures Salaries and benefits Operating Land Plant, property and equipment Construction in progress Other Vj Budget reserve +O l v./ Other financing sources (uses) Operating transfers in Operating transfers out Operating transfers to from local government Excess (deficiency) of revenue and other financing sources over (under expenditures and other financing uses Fund balance (deficit), beginning of year Equity transfers to (out) Fund balance, end of period City of Miami Community Redevelopment Agency Unaudited Statement of Revenues, Expenditures and Changes in Fund Balance as of October 30, 2001 OMNI SEOPW OMNI-TIF SEOPW-TIF General Operatine Redev. Proi Community Prot. SEOPW-Redev. SEOPW-Redev.Trust Totals SEOPW only S- - - - - - - 2,012 2,760 2,199 3,273 - - - 10,243 8,231 2,199 3,273 2,012 2,760 10,243 8,231 1,484 - 21,098 - - - - 22,572 21,088 - 114,365 300,434 - - - 414,798 414,798 176,020 - - - - - 176,020 - 321,521 - 177,504 114,365 613,390 435,886 (175,492) (111,604) (319,323) 3,273 - - - (603,147) (427,655) 1,204,784 t 1,551,244 (577,365) 1,088,164 = (252,223) (5,813) (276) 3,008,518 1,803,734 $ 1,029,292 1,439,639 (896,688) 1,091,437 (252,223) (5,813) (276) 2,405,368 1,376,076 To adjusted by $700,000 that represents a due Crom ocher governments (SEPO W) 52) ' Does not reflect appr—mate amount of $554,000 of reserves required by the 1990 Series bond nsue to be returned to the CRA hW City of Miami Community Redevelopment Agency Unaudited Combined Balance Sheet as of November 30,2001 OMNI SEOPW OMNI-TIF SEOPW-TIF General Ooeratine Redev. Proi Community Proe. SEOPW-Redev. SEOPW-Redev.Tru. Totals SEOPW only Assets: Cash, cash equivalents and investments $ 353,910 1,563,860 (184,297) 1,087,889 (252,223) (5,813) (276) 2,563,049 2,209,139 Cash held by other government 663,895 663,895 - Accounts receivable - 500,000 - - 500,000 500,000 Allowance for accounts receivable - _ Interest receivable 4,414 9,666 6,853 6,835 27,768 23,354 Due to other funds 353,649 50,340 403,989 403,989 Market gain/(loss) investments 5,275 13,567 7,700 - 26,542 21,267 Restricted assets - _ Total Assets 1,027,494 2,440,741 (119,404) 1,094,724 (252,223) (5,813) (276) 4,185,243 3,157,749 Liabilities and Fund Balance Accounts payable 90,664 324,382 (78,700) 336,346 245,682 Cash deposits due to other gov't 663,895 663,895 663,895 Due to other funds 50,340 353,649 403,989 403,989 Prepaid Income 554,148 554,148 554,148 Total liabilities 90,664 1,038,617 829,097 1,958,378 1,867,714 Fund Balance: Reserved for encumbrances - - �' ` d Undesignate 936,829 1,402,124 (948,501) 1,094,724 (252,223 ) (5,813) (276) 2,226,865 1,290,035 936,829 1,402,124 (948,501) 1,094,724 (252,223 (5,813) '(276) 2,226,865 1,290,035 Q Total Liabilities and Fund Balances 1,027,494 2,440,741 (119,404) 1,094,724 (252,223) (5,813) (276) 4,185,243 3,157,749 :l1 Revenues' Taxes Rentals Interest on investments Transfer in from Community Development Contribution from General Fund Offstreet parking Carryover fund balance Contribution from other governments Contribution Guaranteed Entitlement Contribution from off street parking Impact fees Total revenue Expenditures' Salaries and benefits Operating Land Plant, property and equipment Construction in progress Other Budget reserve Ao l r+ b/ Sj Other financing sources (uses) Operating transfers in Operating transfers out Operating transfers in from local government Excess (deficiency) of revenue and other financing sources over (under expenditures and other financing uses Fund balance (deficit), beginning of year Equity transfers in (out) Fund balance, end of period City of Miami Community Redevelopment Agency Unaudited Statement of Revenues, Expenditures and Changes in Fund Balance as of November 30, 2001 OMNI SEOPW OMNI-TIF SEOPW-TIF General Ooeratina Redev. Pro* Community Pro¢. SEOPW-Redev. SEOPW-Redev.Trust Totals SEOPW only - - 7,455 - - - - 7,455 7,455 3,320 5,051 5,258 6,560 - - - 20,189 16,869 - - 23,291 - - - - 23,291 23,291 - - - 375,000 - - - 375,000 375,000 3,320 5,051 36,004 381,560 - 425,936 422,616 3,562 - 35,698 - - - - 39,261 35,698 - 146,295 371,442 - - - - 517,737 517,737 267,713 7,876 - - - - - 275,589 7,876 • - - 375,000 - - - 375,000 375,000 271,275 154,171 407,140 375,000 - 1,207,586 936,311 • - (23,291) - - - - (23,291) (23,291) - - (23,291) - - - - (23,291) (23,291) - (46,582) - - - (46,582) (46,582) (267,955) (149,119) (371,136) 6,560 - - _ (781,650) ( 1,204,784 i 1,551,244 (577,365) x I,088,164 (252,223) (5,813) (276) - 784) (1,204,204,784) $ 936,829 1,402,124 (948,501) 1,094,724 (252,223) (5,813) (276) 2,226,865 1,290,035 O ) 7a Ii To adjusted by $700,000 that represents a due from other governments (SEPO W ) lam/ ly„�i 2 Does not reflect approximate amount of $554,000 of reserves requued by the 1990 Series bond issue to be reamed to the CRA l 1 �asO VI Assets' Cash, cash equivalents and investments $ Cash held by other government Accounts receivable Allowance for accounts receivable Due from other funds Interest receivable Market gain/(loss) investments Restricted assets Total Assets Liabilities and Fund Balance Accounts payable Due to other funds Cash deposits due to other gov't Prepaid Income Total liabilities ® Uj td FV Fund Balance: G G Reserved for encumbrances Undesignated C R W Total Liabilities and Fund Balances City of Miami Community Redevelopment Agency Unaudited Combined Balance Sheet as of December 31,2001 OMNI SEOPW OMNI-TIF SEOPW-TIF General Ooeratine Redev. Pro Community Proe. SEOPW-Redev. SEOPW-Redev.Tru: Totals SEOPW only 1,847,133 2,810,356 (464,257) 1,083,760 (252,223) (5,813) (276) 5,018,680 3,171,547 663,895 663,895 - 500,000 - - 500,000 500,000 353,649 50,340 403,989 403,989 4,090 9,029 7,168 7,742 28,030 23,939 5,275 13,567 7,700 6,526 33,068 27,793 2,520,393 3,686,601 (399,049) 1,098,028 (252,223) (5,813) (276) 6,647,661 4,127,267 293,576 (104,515) - - 189,061 189,061 50,340 353,649 403,989 403,989 663,895 663,895 663,895 - 554,148 554,148 554,148 1,007,811 803,282 1,811,093 1,811,093 2,520,393 2,678,790 (1,202,331) 1,098,028 (252,223) (5,813) (276) 4,836,568 2,316,174 2,520,393 2,678,790 (1,202,331) 1,098,028 (252,223) (5,813) (276) 4,836,568 2,316,174 2,520,393 3,686,601 (399,049) 1,098,028 (252,223) (5,813) (276) 6,647,661 4,127,267 Revenues Taxes Rentals Interest on investments Transfer in from Community Development Contribution from General Fund Offstreet parking Carryover fund balance Contribution from other governments Contribution Guaranteed Entitlement Contribution from offstreet parking Impact fees Total revenue Expenditures. Salaries and benefits Operating Land Plant, property and equipment Construction in progress Other ' Budget reserve Other financing sources (uses) Operating transfers to Operating transfers out Operating transfers in from local government Excess (deficiency) of revenue and other financing sources over (under expenditures and other financing uses Fund balance (deficit), beginning of year Equity transfers in (out) lv i Fund balance, end of period ^-Preliminary Q City of Miami Community Redevelopment Agency Unaudited Statement of Revenues, Expenditures and Changes in Fund Balance as of December 31, 2001 OMNI SEOPW OMNI-TIF SEOPW-TIF General Ooeratin¢ Redev. Proi Community Proe. SEOPW-Redev. SEOPW-Redev.Trust Totals SEOPW only $ 964,997 801,316 - - - - - 1,766,313 801,316 - - 25,972 - - - 25,972 25,972 4,263 7,210 7,792 9,864 - - - 29,129 24,867 - - 69,873 - - - 69,873 69,873 - - - 375,000 - - - 375,000 375,000 618,663 548,451 - - - - - 1,167,114 548,451 1,356,977 384,864 - 1,587,923 103,637 3,433,401 1,845,478 4,601 - 129,055 - - - 133,656 129,055 - 154,171 599,548 - - 753,719 753,719 - 28,497 - - - - - 28,497 28,497 267,713 33,004 - - - - - 300,717 33,004 - 13,758 - 375,000 - - - 388,758 388,758 272,314 229,430 728,603 375,000 - - ,1,605,347 1,333,033 9,864 - - - 1,127,547 1,315,609 (624,966) 1,828,054 512,446 1,204,784 1,551,243 (577,365) 1,088,164 Z (252,223) (5,813) (276) 3,008,517 1,803,733 $ 2,520,393 2,678,790 (1,202,331) 1,098,028 (252,223) (5,813) (276) 4,836,569 2,316,176