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HomeMy WebLinkAboutMCRA-R-12-0003 04-26-12 BackupMIAMJ-DADE miamidade.gov April 17, 2012 Mr. Pieter Bockweg Executive Director Midtown Miami Community Redevelopment Agency 49 NW 5 Street Miami, FL 33128 Dear Mr. Bockweg: Management and Budget 111 NW lst Street • 22nd Floor Miami, Florida 33128-1926 T 305-375-5143 F 305-375-5168 We have reviewed the Midtown Miami Community Redevelopment Agency (CRA) budget for FY 2011-12, The budget included one line item for grants in the amount of $8,367. According to the Second Amendment to the Interiocal Agreement among the County, City of Miami and the CRA Section 3.3.1, the CRA may use a maximum of one percent (1%) for administrative expenses associated with the administration of the CRA. The fine item for the grant is not an allowable expense, therefore the budget must be amended to exclude this item and those monies must be paid back into the trust fund, Please resubmit the corrected budget along with the CRA and City of Miami resolutions. Should you have any questions, please feel free to contact me. Sincer Jor• - M. ` ernandez P'•gram Coordinator c: Jennifer Moon, Director Office of Management and Budget