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Home My WebLink AboutCRA-R-11-0046 07-28-2011 BackupOMNI SPECIAL REVENUE FUND BUDGET FY 2012 Budget - OMNI Special Revenue Revenues * AD VALOREM - CITY OF MIAMI $3,142,175 * AD VALOREM - MIAMI DADE COUNTY $1,980,954 MISC -INTEREST CARRYOVER FUND BALANCE $30,072,222 TOTAL REVENUES $35,195,350 Expenditures PROFESSIONAL SERVICES - LEGAL $96,523 ACCOUNTING AND AUDIT $18,000 PROFESSIONAL SERVICES - OTHER $158,124 OTHER CONTRACTUAL SERVICES $223,883 INTERFUND TRANSFER (Administration) $927,552 OTHER CURRENT CHARGES AND OBLIG $3,136,144 INTERFUND TRANSFER (Debt Service) $8,233,352 CONSTRUCTION IN PROGRESS $17,238,432 OTHER GRANTS AND AIDS $4,963,340 BUDGET RESERVE $200,000 TOTAL EXPENDITURES $35,195,350 REVENUE LESS EXPENDITURES $D * Taxable Value In the CRA District - (Attached DR-422 Form) Less Base Value (1986) Tax Increment Value Divided by Multiplied by City Mlllage (estimate) County Mlllage (estimate) Gross Ad Valorem - City of Miami Gross Ad Valorem - Miami Dade County FY 2010 Estimated Ad Valorem Value Adjustment Divided by Multiplied by City Mlllage (estimate) County Mlllage (estimate) FY 2010 Estimated Ad Valorem Adjustment (City of Mlaml) FY 2010 Estimated Ad Valorem Adjustment (Miami Dade County) Net Ad Valorem - City of Miami Net Ad Valorem - Miami Dade County $817,906,417 ($246,898,822) $571,007,595 $1,000 95% 7.674 4.838 $4,162,817 $2,624,408 $140,000,000 $1,000 95% 7.674 4.838 (1,020,642.00) (643,454.00) $3,142,175 $1,980,954 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 f t 1, I 0 A DEPARIATNT OF REVEt3UE • • **AiciikREMOAti*ri0Orviiijiiitsi-itEr ' • Rule 12C:011-10 Florida AdmInIstratIveCode Eft. 05/11 Year : 2011 •• . • •••• , .. • • • .. COunty : • MIAMI-DADE ,, : „ , , • Principal Authority : : „.. ...., ..... , . BOARD �OUNTYCOMM&I0NERS Taxing Authority: ' • . • . ,.: ., :: , ;,.: . COUNTY OPERATING.: 1 : • :•. : • ....;. • " • . Community Redevelopment Area : .., . OMNICRA •'''• • • •• • • • t • ' • :, • • . ., ., • Base Year : . . . . - ' ' , • • • 1986. - . • 1 • : •i : .. •• • .. , ., i; : ..... SECTION I : COMPLETECOY PROPERTY APPRAISER ' 1. • Curi•ent year taxable value In the taX Indement area ' ''' . • ' •• : '. . ' :. • .. • . f, -10804r. (1) ' 2: Base year value In the tAkInC:14Ment•area . . . • • . ....„„...........,,;4:;w:, $ , • . • • • „ 246,898,822, , ••`,.,, 3. .. . Current year tax Increment value (Line 1 minus Line 2), . :. $ • • . : : ,. , , rg , - •""litrAd --\..- - I OMAN p,i(3) P 4. Prior year FInetaxable valuein the tax increment area $ • • §28;304,34.2 (4) 5. Prior `yea'r tax Increment valii (Una 4 idinti's Line 2) • '$• ' . ..... . . , • : .. 681,405,520 (5) S GN HERE Property Appraiser! certificatipti. I certify the taxable values above are correct to the best of my koowledge, . ........ Signature of Pro pral 1 . . ••••,.:;•:. ,, •• Date r•• ,n - . ,. •••• • .... : 'iiiicri., .. .. - . • :' 2011.• • ".., is.,--4,._ -,:_,,tri-A4.:,-.k ..6,f0-4,--wig:,,k-i4 4,„,-- . .; liej ORIN -5 ,,,. ff I :',.,i, -1';.!,. :•;:ii,';: 6, If the amount to be paid to the rede.4lciPiiieniiitiA fund IS BASED on a specific proportion of the tax Increment value: , - • • 6a, . Enter the proportion on which the payment Is based, . .. . % (6a) 6b. Dedicated Increment value (Line 3 multiplied by the percentage on tine 6a) livalue is. ZOO ()Hess than zero, then enterzero an Line 6b $ ' (6b) ....• 6c. Amount of payment to redevelopment trust fund In prior year ' ' " ' - S' ' ' ' • ' , . , .. .... . . (6c) .X.ithe'arnot:iiit to b'e paid t-OltWiedeveloPinent *it fudIS NOT BASED on a specific . proportion of the tax increment value: 7a. Amount of payment to redevelopinent trust.fund in prior year $ . . • . " . (7a) 7b, prior year operatIfig•millag 6 levy from Form DR426, Line 10 • , ,.... ; ., . , . .. ,,.. . .,. .,,, • .. . per $1,000 (7b) 7c. Taxes levied on prior year tax increment value : .:.:....- ' • ... •••• (Line 5 multiplied by Line 7b, divided by 1,000) $ • • • • . (7c) •''' 7d. Par idui'liajirrir\i a 0-.d);'Ortlori Of ttixes levied on Increment value; ': '' .: '•• ' (Line 7a divided by Line 7c, multiplied by 100) :..: ,•••_:•,• • . ' ''' ' ' ' % .• . :- • t••:,. • t • - :i : • ..: -.,:.• .• (7d) '•e' :. ..:•• Dedicated Increment value (Line3 Multiplied by the percentage on Line 7d) • . • If value Is zero or less than zero, then enterzero on Line 7e ''• ! ' . • (7 0) • .. I G N • H • E R E Taxing Authority Certification 1 Certify the calculations, millages and rates, are correct to the hest of my knowledge, 'Signature of Chief Administrative Officer :, : , . . %, . . ' . . • :; : . ••• .... • • • . 'It ' i ,. :,.‘: Title : . Contact Name and Contact Title : • ''..., : ,.' .. :••• • .,-: •i .....• •• : : • ::,.,• . :i ,-.. Mailing Address : Physical Address : • : ' • • . City, State, Zlp : . . . Phone Number: .• •• • . , • • . Fax Number: TAX INCREMENT ADJUST.16.04T'WORKSHEET Rule 120ER11-10 Florida Administrative Code Eff.05/11 Year: 2011: • County: • • = MIAMI-DADE••. • . • • • • Principal Authority : '_.•':.• : •!= BOARD' OF COUNTY COMMISSIONERS Taxing Authority : ' `' ; : ••':• • '. COUNTY OPERATING' ••• . • - Community Redevelopment Area: OMNI CRA 2Ob9 AISDITION•' , . '•' Base Year; •• • • SECTION l : ' COMPLETED BY PROPERTY APPRAISER 1. Current Year taxable value In the tak increment area ••$. _'_ %••'elara5 2. Base year taxable value In the tax Increment area. ,; $ ' '' - • • 109,682;825 (2) . 3:. Current year tax Increment value (Line 1 minus Line 2) $ ' ' ' kW' '' ' 1,''.i r ' f (3) a:: Prior Year Final taxablevalue fri•'the tax Intrementarea $ • 76,837,601 (4) 5=` Prloryear tax Increment value ?Line 4Minus Line 2) •$• •; , , -32,845,224 (s) S GN HBRE Property Appraiser Certifi cation I certify the taxable values above are correct to the best of my knowledge. • " Signature of Pr ` pp en i =:':.. • • = • :,_. Date :: '' ' : • • • •'. •.•. , . •, 2. .,, ,,,,_, July, 1,2011 �j]' [[:� �€ a :,S u e d :Qr'in:8'7''4Sf h.�v3j �1 `' _ j �j o tivg Q:.�f��F`��Y��r��.<<.��4r , ��s=f4�`'�.s��u?�i-sx.,u.�-ii.�^!•'zvl-�qa.<�.[:':r,� J:. �ro..J;e-�N&``� 6. If the amount to be paid to the redevelopment trust fund 15 BASED an a speeitic proportion of the tax Increment value; --: ' • ' ' 6a. Enter the proportion on which the payment is based, .•. ' % (Pa) 6b' Dedicated increment value (Line 3 multiplied by the percentage on Line 6a) If value isieroor4essthahzero,then enter'zerooft Line 6b ' '• 1• •:, • • ;••,(6b) 6c. Amount of payment to redevelopment trust fund In prior year $ . ' ' (6c) 7. If the amount to be paid to the redevelopment trust fund•IS NOT BASED on a specific proportion of the tax Increment value: . '7a, Amount of payment tb redevelopment trust fund In prior year $ . • (7a) 7b. Prior year operatliig rriillage levy frori1`Fortri DR-t1-20, Line 10 . • • .. ... • . . ...• ••• • per $1•,000 (7b) 7c' Taxes levied on prior year tax increment value (Line 5 multiplied by Line 7b, divided by 1,000) • • • • ' $ • • • ; ' • • •- (7C) 7d,Prior year payment as pro'porttori beiaiies •levied•ari increment value (Line 7a divided byLine 7c, multiplied by 100) . • .' ' % ' ; (7d) 7e: • Ded1cated Iric'rement value `(Line 3 Multiplied by'the percentage an' Llde' 7d1• s '' • if value fixer*,orled s than zero) then enter zero an Line 7e ` `" ' • • . , • . • ( ) 7e ' s 1 ' G N R Taxing Authority Certification i certify the calculations, mlilages and rates are correct to the best of my knowledge. SlgnaturA of Chief Administrative Officer: Date: Title : . • Contact Name and Contact Title 1 • . . Malling Address: Physical Address ; '. • City, State, Zip : Phone Number: Fax Number: