The URL can be used to link to this page

Home My WebLink AboutCRA-R-05-0025 Attachment-Omni budget FY06• • • Community Redevelopment Agency Consolidated Budget Fiscal Year 2006 OMNI CRA FY'06 CONSOLIDATED CRA (SEOPW AND OMNI) BUDGETS Special Revenue SEOPW FY 2006 Special Revenue OMNI FY 2006 General OPERATING FY 2006 Consolidated FY 2006 Revenues 01 TAXES 100 CURRENT AD VALOREM TAXES 001 TAXES REAL CURRENT - CITY OF MIAMI 2,290,813 3,767,004 6,057,817 03 INTERGOVERNMENTAL REVENUE 377 ECONOMIC ENVIRONMENT 074 STATE OF FLORIDA REVENUE - 310 CONTR FROM OTHER GOVTS-COUNTY 1,556,555 2,451,250 4,007,805 383 OTHER PAYMENTS FROM LOCAL UNIT 235 OFF-STREET PARKING 8,000 8,000 04 CHARGES FOR SERVICES 438 HOUSING 1 264 PROPERTY SALE 06 MISCELLANEOUS REVENUE 601 INTEREST INCLUDING PROFIT ON I 094 INTEREST ON INVESTMENT 25,000 40,000 65,000 379 INTEREST INCOME -OTHER - 749 GAIN/LOSS INVESTMENTS 1,500 1,500 3,000 607 RENT AND ROYALTIES 070 RENTAL PROPERTIES - 08 NON -REVENUES 801 INTERFUND TRANSFER 140 TRANSFER FROM COMMUNITY DEVELO 244 CARRYOVER FUND BALANCE 4,079,803 6,948,210 150,000 11,178,013 807 OTHER NON -REVENUES 990 OTHER NON -OPERATING 2,600 2,600 905 MAJOR DESC. NOT FOUND 193 CONTRIBUTION FROM GN.FD. 659,388 659,388 09 INTERNAL SERVICE FUNDS 905 CONTRIBUTION FROM OTHER FUNDS 356 CONTRIBUTION FROM TRUST AND AG 1,070,000 ** TOTAL REVENUES 7,956,271 13,207,964 1,887,388 21,981,623 Expenditures 10 PERSONNEL SERVICES 100 SALARIES & WAGES -FIXED 001 SALARIES - CLASS 45,000 45,000 006 EARNED TIME OFF 110,000 110,000 010 SALARIES - UNCLASSIFIED 386,000 386,000 010 SALARIES - UNCLASSIFIED 420,000 420,000 013 SALARIES TEMPORARY 90,500 90,500 200 FRINGE BENEFITS -FIXED 100 SOCIAL SECURITY CONTRIB 60,000 60,000 080 EXPENSE ALLOWANCE 18,000 18,000 083 CAR ALLOWANCE 12,000 12,000 110 RETIREMENT CONTRIB. 50,000 50,000 130 GROUP INSURANCE CONTRIB. 45,000 45,000 1 • Community Redevelopment Agency Consolidated Budget Fiscal Year 2006 CONSOLIDATED CRA (SEOPW AND OMNI) BUDGETS Special Revenue SEOPW FY 2006 Special Revenue OMNI FY 2006 General OPERATING FY 2006 Consolidated FY 2006 150 WORKER'S COMPENSATION 160 UNEMPLOYMENT COMPENSATION - 170 SEVERANCE PAY 180 TUITION REIMBURSEMENT 5,000 5,000 30 OPERATING EXPENSES 300 OPERATING EXPENSES -FIXED 280 PROFESSIONAL SERVICES - ACCT'G 40,000 25,000 65,000 602 INTEREST EXPENSE - 280 PROFESSIONAL SERVICES - ACCT'G 287 ADVERTISING 60,000 60,000 410 TRAVEL AND PER DIEM - TRAINING 420 TRAVEL AND PER DIEM - OTHER 6,000 6,000 470 ENTERTAINMENT 495 PARKING EXPENSE 533 POSTAGE 1,000 1,000 540 UTILITY SERVICES 28,107 28,107 560 UTILITY SERVICES - WATER 610 RENT OF EQUIPMENT - OUTSIDE 45,000 45,000 620 RENT BUILDINGS 160,388 160,388 635 RENT OTHERS 710 FOOD 13,600 13,600 715 MOTOR FUEL 800 800 400 OPERATING EXPENSES -VARIABLE 220 PROFESSIONAL SERVICES - APPRAI 40,000 40,000 250 PROFESSIONAL SERVICES - LEGAL 320,000 125,000 445,000 270 PROFESSIONAL SERVICES - OTHER 525,071 737,826 1,262,897 340 OTHER CONTRACTUAL SERVICES - 0 221,000 13,085 234,085 230 PROFESSIONAL SERVICES - ARCHIT 250 PROFESSIONAL SERVICES - LEGAL 289 SPECIAL SERVICES - MISCELLANEO - 330 TAXES 340 OTHER CONTRACTUAL SERVICES - 0 - 510 COMMUNICATIONS SERV. TELEPH. 0 10,000 10,000 534 DELIVERY SERVICES 1,500 1,500 650 INSURANCE - LIABILITY 15,000 15,000 670 REPAIR/MAINTENANCE - OUTSIDE 2,000 2,000 680 PRINTING/BINDING - OUTSIDE 690 PROMOTIONAL ACTIVITIES 700 OFFICE SUPPLIES 6,000 6,000 722 MISCELLANEOUS SUPPLIES 1,000 1,000 760 BOOKS PUBLICATIONS MEMBERSHIPS 1,200 1,200 60 CAPITAL OUTLAY 500 CAPITAL OUTLAY -VARIABLE 810 LAND 860 CONSTRUCTION 1N PROGRESS 5,322,433 9,319,000 14,641,433 861 CONSTRUCTION IN PROGRESS - 810 LAND 840 EQUIPMENT - NEW 1,500 1,500 841 OFFICE FURNITURE - NEW - 843 EQUIPMENT LEASE -PURCHASED I 2 • • Community Redevelopment Agency Consolidated Budget Fiscal Year 2006 CONSOLIDATED CRA (SEOPW AND OMNI) BUDGETS 860 CONSTRUCTION IN PROGRESS 880 CAPITAL LEASES 80 GRANTS AND AIDS 600 GRANTS IN AID 940 OTHER GRANTS AND AIDS 90 NON -OPERATING 600 TRANSFERS TO OTHER FUNDS 700 PRIOR YEAR'S APPROPRIATION 901 PERSONAL SERVICES 903 MATERIALS AND SUPPLIES 905 INTERGOVERNMENTAL CHARGES 951 CONTRI/TRANSFER TO DEBT SERVIC 956 CONTRIBUTION TO SPECIAL REVENU 950 CONTRIBUTION TO GRAL FUND 960 CONTRIBUTION TO TRUST & AGENCY 996 BUDGET RESERVE 997 BUDGET RESERVE - LAND SALE TOTAL EXPENDITURES REVENUE LESS EXPENDITURES Special Revenue SEOPW FY 2006 801,250 410,000 170,000 106,517 7,956,271 Special Revenue OMNI FY 2006 424,150 1,430, 000 72,500 900,000 174,488 13,207,964 General OPERATING FY 2006 Consolidated FY 2006 1,225,400 10,000 10,000 1,430,000 410,000 38,000 110,500 ** 231,708 512,713 1,887, 388 21,981,623 NOTE: Interfund Transfers were not recognized either as additional revenue or additional expense** 3 Community Redevelopment Agency - General Operating (SEOPW and OMNI) Fiscal Year 2006 • SEOPW AND OMNI GENERAL OPERATING Revenues 06 MISCELLANEOUS REVENUE 601 INTEREST INCLUDING PROFIT ON I 094 INTEREST ON INVESTMENT 139 REIMB. PR. YR. EXPEND. 235 OFF STREET PARKING 244 CARRYOVER FUND BALANCE 749 GAIN/LOSS INVESTMENTS 607 RENT AND ROYALTIES 070 RENTAL PROPERTIES 08 NON -REVENUES 801 INTERFUND TRANSFER 140 TRANSFER FROM COMMUNITY DEVE 736 CONTR. FRM. OFFSTR. PARKING 905 MAJOR DESC. NOT FOUND 193 CONTRIBUTION FROM GN.FD. 09 INTERNAL SERVICE FUNDS 905 CONTRIBUTION FROM OTHER FUNDS 356 CONTRIBUTION FROM TRUST AND Ai TOTAL REVENUES Expenditures 10 PERSONNEL SERVICES 100 SALARIES & WAGES -FIXED 001 SALARIES - CLASS. PERM. FT 006 EARNED TIME PAYOFF 010 SALARIES - UNCLASSIFIED 010 SALARIES - UNCLASSIFIED 013 SALARIES - TEMPORARY 200 FRINGE BENEFITS -FIXED 080 EXPENSE ALLOWANCE 083 CAR ALLOWANCE 100 SOCIAL SECURITY CONTRIB 110 RETIREMENT CONTRIB. 130 GROUP INSURANCE CONTRIB. 150 WORKER'S COMPENSATION 160 UNEMPLOYMENT COMPENSATION 170 SEVERANCE PAY 180 TUITION REIMBURSEMENT 30 OPERATING EXPENSES 300 OPERATING EXPENSES -FIXED 280 PROFESSIONAL SERVICES - ACCT'G 287 ADVERTISING 410 TRAVEL AND PER DIEM - TRAINING 420 TRAVEL AND PER DIEM - OTHER FY 2004 Approved Budget - SEOPW and OMNI General Operating Fund FY 2005 Approved Budget - SEOPW and OMNI General Operating Fund 8,500 236,000 659,388 785,209 1,689, 097 133,062 707,923 50,000 20,000 10,800 65,000 40,000 40,000 3,700 6,300 4,175 4,000 25,000 50,000 14,000 FY 2006 Budget - SEOPW and OMNI General Operating Fund 659,388 1,653,614 2,313,002 8,000 150,000 659,388 1,070,000 1,887,388 147,000 96,000 407,000 90,500 18,000 12,000 85,000 52,281 45,000 6,300 25,000 30,000 40,000 45,000 110,000 386,000 420,000 90,500 18,000 12,000 60,000 50,000 45,000 5,000 60,000 6,000 Community Redevelopment Agency - General Operating (SEOPW and OMNI) Fiscal Year 2006 • SEOPW AND OMNI GENERAL OPERATING 470 ENTERTAINMENT 495 PARKING EXPENSE 533 POSTAGE 540 UTILITY SERVICES 560 UTILITY SERVICES - WATER 610 RENT OF EQUIPMENT - OUTSIDE 620 RENT BUILDINGS 635 RENT OTHERS 710 FOOD 715 MOTOR FUEL 400 OPERATING EXPENSES -VARIABLE 230 PROFESSIONAL SERVICES - ARCHIT 250 PROFESSIONAL SERVICES - LEGAL 270 PROFESSIONAL SERVICES - OTHER 289 SPECIAL SERVICES - MISCELLANEO 330 TAXES 340 OTHER CONTRACTUAL SERVICES - 510 COMMUNICATIONS SERV. TELEPH. 0 534 DELIVERY SERVICES 650 INSURANCE - LIABILITY 670 REPAIR/MAINTENANCE - OUTSIDE 680 PRINTING/BINDING - OUTSIDE 690 PROMOTIONAL ACTIVITIES 700 OFFICE SUPPLIES 722 MISCELLANEOUS SUPPLIES 760 BOOKS PUBLICATIONS MEMBERSHIP 60 CAPITAL OUTLAY 500 CAPITAL OUTLAY -VARIABLE 810 LAND 840 EQUIPMENT - NEW 841 OFFICE FURNITURE - NEW 843 EQUIPMENT LEASE -PURCHASED 860 CONSTRUCTION IN PROGRESS 880 CAPITAL LEASES 80 GRANTS AND AIDS 600 GRANTS IN AID 940 OTHER GRANTS AND AIDS 946 REHABILITATION GRANT AWARDS 90 NON -OPERATING 600 TRANSFERS TO OTHER FUNDS 950 CONTRIBUTION TO GRAL FUND 956 CONTRIBUTION TO SPECIAL REVENU 700 PRIOR YEAR'S APPROPRIATION 901 PERSONAL SERVICES 903 MATERIALS AND SUPPLIES 996 BUDGET RESERVE TOTAL EXPENDITURES REVENUE LESS EXPENDITURES FY 2004 Approved Budget - SEOPW and OMNI General Operating Fund 1,600 20,000 500 5,000 35,000 166,000 5,000 400 27,137 49,000 40,000 41,000 2,000 25,000 10,000 6,000 8,500 1,000 12,000 10,000 FY 2005 Approved Budget - SEOPW and OMNI General Operating Fund 1,000 14,000 45,000 160,388 13,600 800 231,000 38,000 13,085 10,770 2,000 40,000 5,000 6,000 2,000 7,000 6,000 FY 2006 Budget - SEOPW and OMNI General Operating Fund 50,000 35,000 628,278 1,689,097 2,313,002 1,000 28,107 45,000 160,388 13,600 800 13,085 10,000 1,500 15,000 2,000 6,000 1,000 1,200 1,500 38,000 10,000 231,708 1,887,388 Community Redevelopment Agency Omni Tax Increment Fund F • • • OMNI SPECIAL REVENUE FUND BUDGET FY 2004 As End of May Budget - OMNI Special Revenue FY 2005 Approved Budget - OMNI Special Revenue I FY 2006 Budget - OMNI Special Revenue Revenues 01 TAXES 100 CURRENT AD VALOREM TAXES 001 TAXES REAL CURRENT - CITY OF MIAMI 2,451,649 3,920,483 3,767,004 03 INTERGOVERNMENTAL REVENUE 377 ECONOMIC ENVIRONMENT 310 CONTR FROM OTHER GOVTS-COUNTY 1,774,495 2,294,328 2,451,250 04 CHARGES FOR SERVICES 311 MAJOR DESC. NOT FOUND 754 CRA FUND T/OUT SEOPW 06 MISCELLANEOUS REVENUE 601 INTEREST INCLUDING PROFIT ON I 094 INTEREST ON INVESTMENT 48,000 40,000 40,000 244 CARRYOVER FUND BALANCE 726,283 2,932,945 6,948,210 749 GAIN/LOSS INVESTMENTS 12,840 1,500 1,500 TOTAL REVENUES 5,013,267 9,189,256 13,207,964 Expenditures 10 PERSONNEL SERVICES 100 SALARIES & WAGES -FIXED 010 SALARIES - UNCLASSIFIED 200 FRINGE BENEFITS -FIXED 100 SOCIAL SECURITY CONTRIB 30 OPERATING EXPENSES 300 OPERATING EXPENSES -FIXED 280 PROFESSIONAL SERVICES - ACCT'G 109,000 25,000 25,000 287 ADVERTISING 10,000 470 ENTERTAINMENT 400 OPERATING EXPENSES -VARIABLE 220 PROFESSIONAL SERVICES - ARCHIT 250 PROFESSIONAL SERVICES - LEGAL 150,002 60,000 125,000 270 PROFESSIONAL SERVICES - OTHER 1,421,625 531,200 737,826 340 OTHER CONTRACTUAL SERVICES - O 680 PRINTING/BINDING - OUTSIDE 690 PROMOTIONAL ACTIVITIES 35,000 760 BOOKS PUBLICATIONS MEMBERSHIPS 500 60 CAPITAL OUTLAY 500 CAPITAL OUTLAY -VARIABLE 860 CONSTRUCTION IN PROGRESS 308,934 4,300,000 9,319,000 80 GRANTS AND AIDS 600 GRANTS 1N AID 940 OTHER GRANTS AND AIDS 575,934 584,504 424,150 90 NON -OPERATING 600 TRANSFERS TO OTHER FUNDS 950 CONTRIBUTION TO GENERAL FUND 900,000 956 CONTRIBUTION TO SPECIAL 17,500 72,500 952 CONTRIBUTION TO CAP PROJECTS 439,143 1,140,419 960 CONTRIBUTION TO TRUST & AGENCY 6 Community Redevelopment Agency Omni Tax Increment Fund Fiscal Year 2006 • • • OMNI SPECIAL REVENUE FUND BUDGET FY 2004 As End of May Budget - OMNI Special Revenue FY 2005 Approved Budget - OMNI Special Revenue FY 2006 Budget - OMNI Special Revenue 996 BUDGET RESERVE 700 PRIOR YEAR'S APPROPRIATION 905 INTERGOVERNMENTAL CHARGES 515,629 1,430,000 1,118,133 1,430,000 174,488 1,430,000 TOTAL EXPENDITURES REVENUE LESS EXPENDITURES 5,013,267 9,189,256 13,207,964 - - - 7 • • FY 2006 CAPITAL IMPROVEMENT PLAN - OMNI OMNI - TIF monies The proposed OMNI 2006 Capital Improvement Plan recommends 6 major projects with a total value of $9.3 million funded with OMNI TIF. The breakdown is as follows: Proposed Budget Project Name Amount in FY 2006 Water Pipeline Upgrades 3,500,000 Streetscape Improvements Performing Art Center - CIP Department 500,000 Entertainment District / PAC Streetscape Project 2,000,000 14 th Street Corridor Streetscape Project 1,500,000 OMNI Hotel Study Traffic Study 19,000 Baywalk Improvements along Magaret Pace Park & Women's Club 1,000,000 Contingency 800,000 $ 9,319,000