The URL can be used to link to this page

Home My WebLink AboutCRA-R-11-0042 07-25-2011 BackupSEOPW SPECIAL REVENUE FUND BUDGET FY 2012 Budget- SEOPW Special Revenue Revenues * ADVALOREM TAXES - CITY OF MIAMI $5,188,446 * ADVALOREM TAXES - MIAMI DADE COUNTY $3,271,006 CARRYOVER FUND BALANCE $25,367,764 OTHER NON -OPERATING TOTAL REVENUES $33,827,215 Expenditures PROFESSIONAL SERVICES - LEGAL $142,148 ACCOUNTING AND AUDIT $36,500 PROFESSIONAL SERVICES - OTHER $807,439 OTHER CONTRACTUAL SERVICES $432,587 INTERFUND TRANSFER (Debt Service) $1,698,471 OTHER CURRENT CHARGES AND OBLIG $465,702 INTERFUND TRANSFER (Administration) $1,000,958 INTERFUND TRANSFER (Grant) $500,000 CONSTRUCTION IN PROGRESS $21,987,604 OTHER GRANTS AND AIDS $6,555,807 BUDGET RESERVE $200,000 TOTAL EXPENDITURES $33,827,215 REVENUE LESS EXPENDITURES $0 * Taxable Value In the CRA District -(Attached DR-422 Form) Less Base Value (1982) Tax Increment Value Divided by Multiplied by City Millage (estimate) County Millage (estimate) Gross Ad Valorem - Clty of Miami Gross Ad Valorem - Miami Dade County FY 2010 Estimated Ad Valorem Value Adjustment Divided by Multiplied by City Millage (estimate) County Millage (estimate) FY 2010 Estimated Ad Valorem Adjustment (City of Miami) FY 2010 Estimated Ad Valorem Adjustment (Miami Dade County) Net Ad Valorem - Clty of Miami Net Ad Valorem - Miami Dade County $929,997,146 ($78,305,502) $851,691,644 $1,000 95% 7.674 4.838 $6,209,088 $3,914,460 $140,000,000 $1,000 95% 7.674 4.838 (1,020,642,00) (643,454.00) $5,188,446 $3,271,006 1 OMNI CRA, SEOPW CRA and MIDTOWN CRA GENERAL OPERATING BUDGETS FY 2012 Budget General Operating Fund Revenues FY 2011 ESTIMATED CARRYOVER FUND $280,000 BALANCE -GENERAL FUND OTHER INTERFUND TRANSFERS-OMNI CRA, $1,933,613 Midtown CRA AND SEOPW CRA SPECIAL REVENUE FUND (Estimated FY 2012 TIF revenue shares for administration) TOTAL REVENUES $2,213,613 Expenditures REGULAR SALARIES $1,029,411 OTHER SALARIES $43,000 FICA TAXES $82,353 LIFE AND HEALTH INSURANCE $156,101 RETIREMENT CONTRIBUTION $70,519 FRINGE BENEFITS $9,980 OTHER CONTRACTUAL SERVICE $51,660 TRAVEL AND PER DIEM $2,500 COMMUNICATIONS $7,520 UTILITY SERVICE $63,308 INSURANCE $112,000 OTHER CURRENT CHARGE $5,700 SUPPLIES $12,000 OPERATING SUPPLIES $8,000 SUBSCRIPTION MEMBERSHIP $6,000 MACHINERY AND EQUIPMENT $23,000 ADVERTISING $30,000 RENTAL AND LEASES $163,208 POSTAGE $3,000 REPAIR/MAINTENANCE - OUTSIDE $2,250 INTERFUND TRANSFER $47,000 BUDGET RESERVE $285,103 TOTAL EXPENDITURES $2,213,613 REVENUE LESS EXPENDITURES $0 2 TAX INCREMENT•ADJU TMENT WoRKSHEET Rule 12DgR11-10 Florida Administrative Code Eff.O5/11 Year: 2011 s'- • - County: ' MiAMI-DADi ''' Principal Authority : • BOARD OF COUNTY COMMISSIONERS Taxing Authority ; • • Y 7.: COUNTY OPERATING' ' . :'t ' • • • Community Redevelopment Area,:. . • • . SOUTHEAST oVERR'TbWN%PARK WEST• •.... Base Year: ' 1982' SECTION I t COMPLBTRD BY PROPRRTYAPPRAISER 1. Current year taxable value In the' taxincre'ment'area ,..: ra: • �•••. . • 929,997,3.46 (1) 2.. Base year taxable value•In the tax increment area. •,. • ' $ .. , _'' '- : 78,305,502 (2) 3.- Current year tax Increment value (Line 1 minus Line2) • $' • • '• ' " . '851,6911644 '(3) =4.' Pribr year Flriartaxable value in'the tax increrrient'area • $ 895,420,825 (4) S. Prior year tax Increment value (Line 4 minus Line2) •. $;. • _, •. • . :•. •• . •• , 817,115,323 (5) SIGN property Appraiser Certification I certify the taxable values above are correct to the best of my knowledge. • HElB • Signature of Prop als'er: , Date` i' - • - • July•1 2011 v}�� r{{f::f'�� 7ii��i45��t� •yc•_ � •L2�"�� 'air. s`: .�.� ,•sS? ` '�'' a"�. •�F' -•(}�;tea.`'.'.'p��:1i�`�c5 ¢y .f• 3 Y'ca� �?Y� '�,c aYg, . L J* : �� ; �£ ':iF . jig : r .,'zb. t ��7.ug 4 e-i3O „, ,' 6, If the Amount to be paid to the redevelopment trust fund IS RASED on a specific propoition of the tax•inCrenierit vAltie:'"•''•' • • • .. 6a. Enter the proportion on which the payment is based. 16 • (6a) 6b. Dedicated increment value (Line 3 multiplied by the percentage on Line 6a) "'value Ware iirless'than IeVo, then enterkera on Line 6b " ' $ ` ' (6b) 6c Amount of payment to redevelopment trust fund in prior year $ .: • (6c) 7,•Ifth0 amount to be pald,to tjie redevelopment trust fund 15 NOT BASED on a specific proportion of the tax increment value: 7a. Amount of payment to re develepmerit'trust fund•ln prior year $ . (7a) 7b. Prior year operating Williagii levyfrorn'i:brin D'R420, Line 10 .. . • .. per$1,000 (7b) 7c, Taxes levied on prior year tax increment value (Line 5 rnuitipiled by Line 7b, divided by 1,000) •$ • • • "I ' : • • •• •• (70 7.c). Prior year payment a's proportion of ttixe3 levied on increment value (Line 7a divided by Line 7c, multiplied by 100) 'i •• ' ' ' ' • 9E, 7d ( ) 7e, Dedt€atad Ir crei'Yient value (tine 3 riuiltIpiled by the percentage on tir'te 7dt''' • ' If value isxaro orless than kero; 'then enterzero oh Line 7e • $ (7e) Taxing Authority Certification 14erUtfjr'the calculations; millages and rates are corract to the best of my knowledge, •'' Slgnat(i1VofChief'AdminlstrativeOfficer: •• • • :.... .. Date: G N Title . • • Contact Name and Contact Title: • • _ . •. H R Mailing Address : Physical Address : • E City, State, zip: Phone Number: Fax Number: orIiEVrt 'Year: 2011' •' TAX INCREMENT• ADJUSTMENT WCRKSHEET Rule 12DE011-10 Florida Ac1minlslrattve Code Eff.OS/11 County: MIAMI-DADE Principal Authority : ;.': ; BOARD OF COUNTY COMMISSIONERS Taxing ,Authority..:.: • •' • COUNTY OPERATING . • • • • • Community Redevelopment Area PARK WEST ADDITION' • ' : SECTION I : COMPLETED BY PROPERTY APPRAISER Base Year; 1. Current year'taxabie value In the tax increment area '21 Base year taxable value to thetas increment are 3. Current year tax increment value (Line 1 minas We 2) 4. Prior year Fir~iai'taxabie value Ifi the tax ihcrettlentaree. ; : 27L2,74,5.1.. (1) • • • • 37,461,910 (2) ' 41.0,187,39'9 (3) • 25, 575, 875 (4) 5. Prloryear taxi'ncrement•vaiile (Line 4minas tlne2) SIGN HERt Property. Appraiser Cer{tificatiorr -11,886,035 (5) ' i certify the taxable values above are correct to the best of my knowledge. Signature of NO • e 6. if the amount to be paid to the redevelopment trust fund IS BASED bn a speeiflc proportion ofthe tax incrementvalae:'••' ; • '' • ' •r•: •• Date July 1, 6a. Enter the proportion on which the payment Is based. 6b. Dedicated Increment value (Line 3 multiplied by the percentage on Line 6a) rfvalue Iszelt, orless'than zero, then enterzero on Line 6b (6a) (6b) 6c. Amount of payment to redevelopment trust fund in prior year (6c) 7, ifitieamountto be pald•to the redevelopment trust fund 15 NOT BASED on a specific proportion of the tax Increment value; 7a. 7b. Amount of payment to redevelopment•trust fund in prior year Prior year operating'mtllag'e'leVy frail Feliti•DR=420; Line 10 Taxes levied on prior yeartax Increment value (Line 5 multiplied by Line 7b, divided by 1,000) 7d.Prieryear payment Eti foi i rt(on bf taiee ' ievled on inclement value (Line 7a divided by Line 7c, multiplied by 100) . ., ;; • per $1,000 g5 (7a) (7b) (7c) (7d) Deducted Increment value. (Line 3 multiplied by -the percentage on Line 7d) 7e. '• Ifvalue lszero �r less than zero, then enterzeo on Line 7e • G N H E R E (7e) Taxing Authority Certification I corttfy the calculations, mlllages and rates are correct to the best of my knowledge. Signature of ChiefAdmtnistrative Officer ; Date: • .• • • '' +• • . Title ; Mailing Address ; City, State, Zip : Contact Naine and Contact Title ; • Physical Address : Phone Number : Fax Number; AX INCREIVIENT,AbJUSTIVIENT WORItSil'EET. Rule 120E1111-10 Florida Administrative Code Eft 05/11 Year: 2011 !'3" ..‘' ":. ' -. %1•!':...':. .:''.: ..:: ;: • County :. -' MIAMI-DADE.- • • . ,.. ., .‘ ,- Principal Authority ;, I ;,. •:, ) ...: ,.. i.! , i ,••• BOARD ot: couNry. COMMISSIONERS Taxing Authority :, . • ••'." : : : ' - :,1 COUNTY OPERATING i ••••••••••••1 ,..! 1 , • . Community Redevelopment Area : . .., • SE OVERTOWN/PARk WEST 2009 •AiioN ' " Base Year . :".2000:. :. : , ,.. ...; .• .• , , ..; .: ,c, ., ., ... . • SECTION I I COMPLETED BY PROPERTY APPRAISER 1. Current Year i63?able value Inthe'thielrferehieht area ' ' .." - '' -.. ' '' '1' ' '.'" ' ' - • .• : '..• • 80,141;008 (1) 2. i3ks4ear tOribte4l60 fri‘ifi>5in'ef&neritarea , .. $ '- ':•.' • - v:••••• • :'", . • 99,36E4621 (2) 3,,.. Current year tax increment value (Line 1 minus tine 2) .. • ••,-, ....:. 1 ; ,• .: ..,, ;, • $ ' • ' ' ' - ' ' . --.1'6,-Mil . (3) 4. Pifor year Phial -taxable ValCid inthe taX increrrientatea-* $ .• ' ' 73;101,334 (4) . S: . •., ,.....: Prioryear taxinCrerilent ia'file aine -4 thltiu,i.ine2). .. .,, •: • ... $.....: , ... , -26,263,287 . (5) S GN Property Appraiser Certification I certify the taxable values above are correct to the best of my knowledge. HEiii Signature of 1r•o_:....,... r r •:. :•.: ....: ' • '.' '.' • -: - • -----/ ' ' . :.- • bate : '• i •• :.,'::: • • • • :* •••• ..*: ::.•• I:: •••!,, . :,.,...........=, ..: .. .... •,.. , July 1,..2011 . . .g . ., .,.. r' 0.0,010f-C [1J - ;- • , e rrVPSY't•-w" ' - , -- —Aititgra .. 6.1f the amount to be paid tp•the redevelopment trust ft19g. IS BASED oifa SpeCifi6 pFopoition of th'6 tax'increment vaitt.:,'.%• • , , •• 6a. ..,• .. . „ . . Enter the proportion on which the payment is based. " : " - W .(6a) 6b. Dedicated Increment yaiue (Line 3 multiplied by the percentage on Line 6a) If value tkiii15.iiiiiisihaniero;-tbeitentOrWro On Line 6b ' • '' • r •. • • .., 'f• • • - . ,.:- • , • • . , • - • , • • ; ..", , (6b) ,... 6c. Amount of payment to redevelopment trust fund In prior year • $ (6c) . ,.. 7. If the amount tO'bselmid tOtriei!'ed-evePPOieiit trust 'fund 15 NOT BASED on a specific proportion of the tax increment value; •la. Amount of payment to redevelopment trust fund In prior year .• , • : • $ •. . . . ' (7a) 7b, Prior year operating"MIll'agViWifrofn Font DR:420; Line 10 ... •.'y .::. • ... . f: • „ ,. •. •:.?,:1 :: I ,. , per si,poQ (7b) • 7c, Taxes levied on prior year tax increment value • • • • • . (Line 5 multiplied by Line 7b, divided by 1,000) ., . • .1 i • : - - $ • • .. ' • • •::. . • • • :•:'-.;•:::• ..; • , •••.....:::. -. ,-, • (7c) 7d. PriOr Veer payrneni APrbtion Of taes'lvled bri Increment value ' • (tine 7a divided by Line 7c, multiplied by 100) •:.•-• • .- .• , • • •• '''• • ' ' • - • % '' . '' ' - ;:•,i ;• • , :,,'; .; ,':•• : •• . • -, ,..• • -:;.•:-.• •,. . (7d) • ' 7e. Uiaktitied frirerrient value Airid 3' riitiltiPlied bythe Perantage On Lin6 7d) ‘ . • livable Mierd 'or /es than zero, then enter,zero on Line A :: i '' ••• . , (70 Taxing Authority Certification t ceklfy the calculations, millages and rate e are correct to the bestof my knowledge. • s• . I. Signature ofthlef AciministrotiVe Officer: • • .• ' ;• • „ = .. .. • ,•• • • ' •: : • i. : ••.• !•-i., ., ••••... Date; •••••• • •••• t :.• • ,:•• • • •::... .• :. •: ...: ", .• • i ..., . : % if.:.,..:••, • G N• Title : Contact Name and Contact Title ; ,. • . . ,. • ... • : , .. ; ..... ....,,, , .: .:: , ,. % . ,-;• . ; , :. •.:•., ; •:• • • : .: I., ..,..• i, • ,..:.;,,I., .. ;1:,,, : .. H E Mailing Address : ' Physical Address : • . . • E City, State, Zip : . ..• , , • . •• , . _.• . . . . - Phone Number: Fax Number: •