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HomeMy WebLinkAboutExhibitCoinmunity Redevelopment Agency South East Overtown Park West Tax Increment Fund Fiscal Year 2008 (' SEOPW SPECIAL REVENUE FUND BUDGET , FY,2006 Approved Budget- SEOPW Special Revenue FY 2007 Approved Amended Budget- SEOPW Special Revenue FY 2008 Budget- SEOPW Special. Revenue Revenues ADVALOREM TAXES - CITY OF MIAMI 2,495,666 2,995,946 3,407,794 ADVALOREM TAXES - MIAMI DADE COUNTY 1,714,153 2,410,430 2,228,086 MISC - INTEREST 10,000 10,000 10,000 MISC - NET INCREASE IN FAIR VALwE 1,500 1,500 1,500 CARRYOVER FUND BALANCE 4,100,000 6,573,475 ' 10,541,547 OTHER NON -OPERATING 2,100,000 TOTAL REVENUES f 8,321,319 14,091,351 16,188,927' ) Expenditures ACCOUNTING AND AUDIT 50,000 45,000 46,000 PROFESSIONAL SERVICES - APPRAI 25,000 - - PROFESSIONAL SERVICES - LEGAL 320,000 247,664 230,045 PROFESSIONAL SERVICES - OTHER 401,927 705,721 535,860 OTHER CONTRACTUAL SERVICES I 288,548 319,646 375,106 CONSTRUCTION IN PROGRESS 4,948,693 5,865,665 10,341,916 OTHER GRANTS AND AIDS 1,104,595 2,594,935 3,085,000 INTERFUND TRANSFER 410,000 410,000 760,000 INTERFUND TRANSFER 196,514 700,000 700,000 BUDGET RESERVE 576,042 3,202,720 115,000 TOTAL EXPENDITURES , 8,321,319 14,091,351 16,188,927 I REVENUE LESS EXPENDITURES - - - 8/9/20075:01 PM 1 Community Redevelopment Agency - General Operating (SEOPW, OMNI and Midtown) Fiscal Year 2008 II SEOPW, OMNI AND MIDTOWN GENERAL OPERATING FY 2006 Approved Budget - General Operating Fund FY 2007 Approved Amended Budget - General Operating Fund FY 2008 Budget - General Operating Fund Revenues CARRYOVER FUND BALANCE 508,000 419,000 400,000 OTHER INTERFUND TRANSFERS 22,561 27,354 OTHER INTERFUND TRANSFERS • 1,196,514 1,400,000 1,400,000 TOTAL REVENUES 1,704,514 1,841,561 1,827,354 , Expenditures REGULAR SALARIES 961,000 1,028,270 836,156 OTHER SALARIES 90,500 96,835 52,000 FICA TAXES 60,000 64,200 68,850 LIFE AND HEALTH INSURANCE 45,000 48,150 65,200 RETIREMENT CONTRIBUTION 50,000 53,500 52,237 FRINGE BENEFITS 35,000 37,450 32,400 OTHER CONTRACTUAL SERVICE 13,085 14,001 13,730 TRAVEL AND PER DIEM 6,000 6,420 10,000 COMMUNICATIONS J 10,000 10,700 8,908 UTILITY SERVICE 28,107 30,074 18,208 INSURANCE i 15,000 16,050 23,800 OTHER CURRENT CHARGE 15,900 17,013 10,000 SUPPLIES 7,000 7,490 12,000 OPERATING SUPPLIES 10,000 10,700 8,000 SUBSCRIPTION MEMBERSHIP 1,200 1,284 1,000 MACHINERY AND EQUIPMENT 1,500 1,605 5,000 ADVERTISING , 60,000 64,200 40,000 RENTAL AND LEASES 205,388 219,765 200,000 POSTAGE 1,000 6,070 6,500 REPAIR/MAINTENANCE - OUTSIDE 2,000 2,140 2,000 INTERFUND TRANSFER 38,000 40,660 35,000 BUDGET RESERVE 48,834 64,984 326,365 TOTAL EXPENDITURES 1,704,514 1,841,561 1,827,354 REVENUE LESS EXPENDITURES - - - 2