HomeMy WebLinkAboutCRA-R-08-0041 Legislation•
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City of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 08-00935 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"),
WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S PROPOSED
GENERAL OPERATING BUDGET AND TAX INCREMENT FUND BUDGET FOR
THE FISCAL YEAR COMMENCING OCTOBER 1, 2008 AND ENDING
SEPTEMBER 30, 2009; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT
A COPY OF EACH BUDGET TO THE CITY OF MIAMI AND MIAMI-DADE
COUNTY.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA")
is responsible for carrying out redevelopment activities within the Southeast Overtown/Park West
Redevelopment Area; and
WHEREAS, as a prerequisite to carrying out Fiscal Year 2009 redevelopment activities, it is
required that the CRA Board of Commissioners approve the CRA's proposed Fiscal Year 2009
General Operating Budget and Tax Increment Fund Budget; and
WHEREAS, pursuant to Interlocal Agreements, a copy of each budget is to be transmitted to
the City of Miami and Miami -Dade County;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted
by reference and incorporated herein as if fully set forth in this Section.
Section 2. The attached CRA General Operating Budget and Tax Increment Fund Budget for
the Fiscal Year commencing October 1, 2008 and ending September 30, 2009 are approved and
adopted.
Section 3. The Executive Director is directed to transmit a copy of each budget to the City of
Miami and Miami -Dade County.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
SI JULIE O. BRU
GENERAL COUNSEL
Li
City of Miami
Page 1 of 2 Printed On: 8/26/2008
File Number: 08-00935
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City of Miami Page 2 of 2 Printed On: 8/26/2008
Community Redevelopment Agency
South East Overtown Park West Tax Increment Fund
Fiscal Year 200
SEOPW SPECIAL REVENUE FUND BUDGET
Revenues
ADVALOREM TAXES - CITY OF MIAMI
ADVALOREM TAXES - MIAMI DADE COUNTY
MISC - INTEREST
MISC - NET INCREASE IN FAIR VALUE
INTERFUND TRANSFER (Debt Service)
CARRYOVER FUND BALANCE
OTHER NON -OPERATING
TOTAL REVENUES
Expenditures
ACCOUNTING AND AUDIT
PROFESSIONAL SERVICES - APPRAI
PROFESSIONAL SERVICES - LEGAL
PROFESSIONAL SERVICES - OTHER
OTHER CONTRACTUAL SERVICES
CONSTRUCTION IN PROGRESS
OTHER GRANTS AND AIDS
INTERFUND TRANSFER (Debt Service)
INTERFUND TRANSFER (Administration)
BUDGET RESERVE
TOTAL EXPENDITURES
REVENUE LESS EXPENDITURES
FY 2008
Approved
July 30, 2007
- Budget -
SEOPW
Special
Revenue
3,407,794
2,228,086
10,000
1,500
10,541,547
16,188, 927
46,000
230,045
535,860
375,106
10,341,916
3,085,000
760,000
700,000
115,000
16,188,927
FY 2008
Approved
Amended
Budget -
SEOPW
Special
Revenue
3,568,307
2,228,137
10,000
1,500
11,804,141
530,408
18,142,493
40,000
145,298
485,203
547,912
12,180,867
3,518,213
410,000
700,000
115,000
18,142,493
FY 2009
Budget -
SEOPW
Special
Revenue
4,309,075
2,726,936
1,400,000
14,291,517
22, 727, 528
40,000
200,000
880,300
520,173
15,376,385
4,793,265
60,000
757,405
100,000
22,727,528
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Community Redevelopment Agency - General Operating (SEOPW, OMNI and Midtown)
Fiscal Year 2009
SEOPW, OMNI AND MIDTOWN GENERAL OPERATIN
Revenues
CARRYOVER FUND BALANCE
OTHER INTERFUND TRANSFERS
OTHER INTERFUND TRANSFERS
TOTAL REVENUES
Expenditures
REGULAR SALARIES
OTHER SALARIES
FICA TAXES
LIFE AND HEALTH INSURANCE
RETIREMENT CONTRIBUTION
FRINGE BENEFITS
OTHER CONTRACTUAL SERVICE
TRAVEL AND PER DIEM
COMMUNICATIONS
UTILITY SERVICE
INSURANCE
OTHER CURRENT CHARGE
SUPPLIES
OPERATING SUPPLIES
SUBSCRIPTION MEMBERSHIP
MACHINERY AND EQUIPMENT
ADVERTISING
RENTAL AND LEASES
POSTAGE
REPAIR/MAINTENANCE - OUTSIDE
INTERFUND TRANSFER
BUDGET RESERVE
TOTAL EXPENDITURES
REVENUE LESS EXPENDITURES
FY 2008
Approved
July 30, 2007 -
Amended
Budget
General
Operating Fund
400,000
27,354
1,400,000
1,827,354
836,156
52,000
68,850
65,200
52,237
32,400
13,730
10,000
8,908
18,208
23,800
10,000
12,000
8,000
1,000
5,000
40,000
200,000
6,500
2,000
35,000
326,365
1,827,354
FY 2008
Approved
Amended
Budget General
Operating Fund
620,667
27,354
1,400, 000
2,048,021
FY 2009
Budget
General
Operating Fund
34,309
1,514,810
836,156
52,000
68,850
65,200
52,237
32,400
13,730
10,000
8,908
18,208
23,800
10,000
12,000
8,000
1,000
5,000
40,000
200,000
6,500
2,000
35,000
547,032
2,048,021
1,549,119
787,420
52,000
64,216
55,200
50,000
13,730
8,000
8,908
18,532
23,800
8,000
12,000
10,000
1,000
5,000
58,387
207,661
6,500
2,000
35,000
121,765
1,549,119
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