HomeMy WebLinkAboutCRA-R-10-0081 DELETE (2)City of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 10-01146 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("CRA"), WITH ATTACHMENTS, APPROVING AND ADOPTING THE CRA'S
AMENDED TAX INCREMENT FUND AND GENERAL OPERATING BUDGETS FOR
THE FISCAL YEAR COMMENCING OCTOBER 1, 2009 AND ENDING
SEPTEMBER 30, 2010; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT
A COPY OF THE AMENDED BUDGETS TO THE CITY OF MIAMI AND
MIAMI-DADE COUNTY.
WHEREAS, the Board of Commissioners of the Omni Redevelopment District Community
Redevelopment Agency, pursuant to Resolution No. CRA-R-09-0042, passed and adopted on August
6, 2009, approved and adopted the CRA's Fiscal Year 2010 General Operating and Tax Increment
Fund Budgets; and
WHEREAS, the Board of Commissioners, by Resolution No. CRA-R-10-0009, passed and
adopted on March 11, 2010, approved and adopted an amended version of the Fiscal Year 2010
budget to account for actual tax increment funds received in January 2010; and
WHEREAS, certain reimbursements, not originally included in the Fiscal Year 2010 budget,
have been requested by the City of Miami for expenses incurred on the CRA's behalf for the design of
the Museum Park project; and
WHEREAS, it is necessary to amend the Fiscal Year 2010 budget to reflect these
reimbursements to the City of Miami; and
WHEREAS, the Board of Commissioners wishes to approve and adopt the CRA's Amended
Tax Increment Fund and General Operating Fund Budgets for the Fiscal Year commencing October 1,
2009 and ending September 30, 2010;
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 Amended Tax Increment Fund and General Operating Budgets
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.
City of Miami
Page 1 of 2 File Id: 10-01146 (Version: 1) Printed On: 9/23/2010
File Number. 10-01146
Section 4. This resolution shall become effective immediately upon its adoption.
• APPROVED AS TO FORM AND CORRECTNESS:
•
JULIE O. BRU
GENERAL COUNSEL
City of Miami
Page 2 of 2 File Id: 10-01146 (Version: 1) Printed On: 9/23/2010
Community Redevelopment Agency -
General Operating
(SEOPW, OMNI and Midtown)
Fiscal Year 2010
Revenues
CARRYOVER FUND BALANCE
OTHER INTERFUND TRANSFERS
OTHER INTERFUND TRANSFERS
OTHER INTERFUND TRANSFERS
400,000
34,213
1,367,002
445,078
35,484
1,538,784
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 (City of Miami)
INTERFUND TRANSFER
BUDGET RESERVE
TOTAL EXPENDITURES
REVENUE LESS EXPENDITURES
•
$1,801,215
884,210
53,560
66,422
48,000
50,000
7,200
13,730
8,000
8,908
18,208
23,800
10,000
12,000
8,000
1,000
5,000
58,387
207,661
20,000
1,981
50,000
245,148
$1,801,215
$2,019,346
894,510
53,560
68,430
101,200
75,000
8,400
13,730
8,000
8,908
27,808
23,800
10,000
12,000
8,000
1,000
27,000
58,387
207,661
20,000
1,981
50,000
339,971
$2,019,346
Community Redevelopment Agency
Omni Tax Increment Fund
Fiscal Year 2010
Revenues
AD VALOREM - CITY OF MIAMI
AD VALOREM - MIAMI DADE COUNTY
GRANT FROM STATE OF FLORIDA
CARRYOVER FUND BALANCE
MISC -NET INCREASE IN FAIR VALUE
8,925,576
5,597,328
33,193,873
8,238, 547
5,195,407
100,000
30,482,017
TOTAL REVENUES
Expenditures
ACCOUNTING AND AUDIT
PROFESSIONAL SERVICES - LEGAL
PROFESSIONAL SERVICES - OTHER
OTHER CONTRACTUAL SERVICES
CONSTRUCTION IN PROGRESS
OTHER GRANTS AND AIDS
INTERFUND TRANSFER (Administration)
INTERFUND TRANSFER (City of Miami)
OTHER CURRENT CHARGES AND OBLIG
BUDGET RESERVE
TOTAL EXPENDITURES
REVENUE LESS EXPENDITURES
$47,716,777
15,000
187,898
664,555
221,131
36,143,184
2,670,564
683,510
7,030,935
100,000
$47,716,777
$44,015,971
7,000
180,597
476,391
98,715
33,461,079
2,813,471
716,400
6,162,318
100,000
$44,015,971
•