HomeMy WebLinkAboutCRA-R-09-0042 Legislation•
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XLXR. XXIIX
City of Miami
Legislation
CRA Resolution
City Hal!
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 09-00821 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT 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, 2009 AND
ENDING SEPTEMBER 30, 2010; DIRECTING THE EXECUTIVE DIRECTOR TO
TRANSMIT A COPY OF EACH BUDGET TO THE CITY OF MIAMI AND
MIAMI-DADE COUNTY.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is
responsible for carrying out redevelopment activities within the Omni Redevelopment Area; and
WHEREAS, as a prerequisite to carrying out Fiscal Year 2010 redevelopment activities, it is
required that the CRA Board of Commissioners approve the CRA's proposed Fiscal Year 2010
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
OMNI REDEVELOPMENT DISTRICT 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, 2009 and ending September 30, 2010 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..
City of Mianei
Page 1 of 2 Printed On: 7/17/2009
File Number: 09-00821
APPROVED AS TO FORM AND CORRECTNESS:
GENERAL COUNSEL
City of Miami
Page 2 of 2 Printed On: 7/17/2009
Community Redevelopment Agency
Omni Tax Increment Fund
Fiscal Year 2010
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OMNI SPECIAL REVENUE FUND BUDGET
FY 2008
Approved
Amended
Budget
OMNI Special
Revenue
FY 2009
Approved
Amended
Budget
OMNI Special
Revenue
FY 2010
Proposed
Budget
OMNI Special
Revenue
Revenues
AD VALOREM - CITY OF MIAMI
7,444,383
8,925,576
8,925,576
AD VALOREM - MIAMI DADE COUNTY
4,652,351
5,597,328
5,597,328
MISC -INTEREST
20,000
CARRYOVER FUND BALANCE
18,739,032
26,237,167
33,193,873
MISC -NET INCREASE IN FAIR VALUE
1,500
TOTAL REVENUES
30,857,266
40,760,071
47,716,777
Expenditures
ACCOUNTING AND AUDIT
18,500
11,000
15,000
PROFESSIONAL SERVICES - LEGAL
25,300
84,194
187,898
PROFESSIONAL SERVICES - OTHER
422,588
313,593
664,555
OTHER CONTRACTUAL SERVICES
200,000
211,822
221,131
CONSTRUCTION IN PROGRESS
20,102,995
24,867,489
36,143,184
OTHER GRANTS AND AIDS
3,411,873
7,469,283
2,670,564
INTERFUND TRANSFER (Administration)
700,000
756,359
683,510
OTHER CURRENT CHARGES AND OBLIG
5,341,862
6,946,331
7,030,935
BUDGET RESERVE
634,148
100,000
100,000
TOTAL EXPENDITURES
30,857,266
40,760,071
47,716,777
REVENUE LESS EXPENDITURES
-
-
-
Community Redevelopment Agency -
General Operating
(SEOPVV, OMNI and Midtown)
Fiscal Year 2010
SEOPW, OMNI, MIDTOWN AND GENERAL
OPERATING
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
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FY 2008
Approved
Amended
Budget
General
Operating
Fund
620,667
27,354
1,400,000
2,048,021
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
FY 2009
Approved
Amended
Budget -
General
Operating
Fund
FY 2010
Proposed
Budget -
General
Operating
Fund
443,201 400,000
34,309 34,213
1,512,700 1,367,002
1,990,210 1,801,215
884,210 884,210
53,560 53,560
66,422 66,422
48,000 48,000
50,000 50,000
7,200 7,200
13,730 13,730
8,000 8,000
8,908 8,908
18,208 18,208
23,800 23,800
10,000 10,000
12,000 12,000
8,000 8,000
1,000 1,000
5,000 5,000
58,387 58,387
207,661 207,661
20,000 20,000
1,981 1,981
50,000 50,000
434,143 245,148
1,990,210 ` 1,801,215