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Home My WebLink AboutCRA-R-12-0017 OMNI Special Rev. Encumbrance ReconciliationOMNI SPECIAL REVENUE FUND BUDGET (Encumbrance Reconciliation To Date) FY 2012 Amended Budget OMNI Special Revenue Revenues Cash Balance @ Feb 27, 2012 $24,735,930 TOTAL REVENUES $24,735,930 Expenditures PROFESSIONAL SERVICES - LEGAL $75,157 ACCOUNTING AND AUDIT $0 PROFESSIONAL SERVICES - OTHER $97,733 OTHER CONTRACTUAL SERVICES $142,182 INTERFUND TRANSFER (Administration) $1,033,174 OTHER CURRENT CHARGES AND OBLIG $2,513,119 INTERFUND TRANSFER (Debt Service) $0 INTERFUND TRANSFER (Grant) $399,754 CONSTRUCTION IN PROGRESS $16,653,070 OTHER GRANTS AND AIDS $3,721,741 BUDGET RESERVE $100,000 TOTAL EXPENDITURES $24,735,930 5o 1 Submitted into the public record in connection with item on 7—I2-i 1►-. Priscilla A. Thompson City Clerk Description Category Authorization Amount Budgeted Amount Expended Remaining Balance Professional Services - Legal 1 External Legal Counsel Services (Holland & Knight, LLP) Admin 10-0002 575,000 $74,843 $15 2 FY 2011 Available for External Legal Counsel Services (Holland & Knight, LLP) Admin NR $75,000 $75,00 Accounting and Audit 3 FY 2011 External Audit - Sanson Kline Jacomino & Company, LLP Admin 11-0044 $11,000 $11,000 Professional Services - Other 4 Akerman Senterfitt & Eidson PA - Lobbyist Federal Government Admin 11-0021 $48,000 $22,000 $26,00 5 Doug Bruce & Associates - Lobbyist Florida State Government Commencing July 2010 Admin 10-0054 $62,600 $49,937 $12,66 6 Available for Other Professional Services Admin WO < $4,500 $67,996 58,926 $59,07 Other Contractual Services 7 Demolition and removal of the Cafe structures at Bicentennial Park Infrast 10-0043 $69,957 $10,401 $59,55 8 Demolition and removal of the Cafe structures at Bicentennial Park (Additional Funding) Infrast NR $51,374 $51,37 9 Landscape Maintenance (CRA Owned Vacant Lots) Quality of Life 10-0005 512,226 $2,783 $9,44 10 Landscape Maintenance (CRA Owned Vacant Lots) Quality of Life 11-0018 $4,452 $3,525 $92 11 Horsepower Electric, Inc. - Streetlight Maintenance Quality of Life 11-0024 $15,000 $4,862 $10,138 12 Horsepower Electric, Inc. - Streetlight Maintenance (Outside Normal Scope of Work) Quality of Life NR $15,000 $4,256 $10, 744 Subtotal $507,605 $192,533 $315,072 Total Budget Amount NR - No CRA Resolution R - CRA Resolution Passed Professional Services (Legal) Accounting and Audit Professional Services (Other) Other Contractual Services 5196,188 $118,884 $315,072 $75,157 $0 $97,733 $142,182 $315,072 2 Funding Source Carryover FY 2012 Fund Balance TIF Revenue 7 $157 $75,000 ) $0 $26,000 I $12,663 1 $56,070 $3,000 $59,556 $51,374 $9,443 $927 $10,138 $10,744 $312,072 $3,000 $312,072 $3,000 $315,072 Submitted into the public record in connect' n ith item #45 on Priscilla A. Thompson City Clerk Description Category Authorization Amount Budgeted Amount Expended Remaining Balance Interfund Transfer (Administration) 1 FY 2012 OMNI TIF Contribution - General Operating Fund Admin FY 2012 Budget $1,033,174 $1,033,17 Other Current Charges and Obligations 2 FY 2012 PAC Contribution * Infrast Interlocal Agreement $2,513,119 $2,513,119 Interfund Transfer (Debt Service) 3 FY 2012 Omni/Port Tunnel Loan Payment Infrast Loan Payment (Actual) $7,156,893 $7,156,893 $o Interfund Transfer (Grants) 4 Overtime Police Visibility Pilot Program III Quality of Life 10-0052 $500,000 $450,246 $49,754 5 Overtime Police Visibility Pilot Program IV Quality of Life 11-0064 $350,000 $350,000 $11,553,186 $7,607,139 $3,946,047 Total Budget Amount NR - No CRA Resolution R - CRA Resolution Passed $3,946,047 $3,946,047 Interfund Transfer (Adm) $1,033,174 Other Current Charges and Obligation: $2,513,119 Interfund Transfer (Grant) $399,754 Interfund Transfer (Debt Service) $0 * FY 2012 PAC Payment Base $246,898,822 Preliminary 2011 Tax Roll $817,906,417 Difference $571,007,595 Multiplied by 95% $542,457,215 City Millage (estimate) 7.571 County Millage (estimate) 4.805 City Revenue County Revenue Total Revenue $2,764,458 $1,760,167 $4,524,625 Less PAC Payment - Expires In March 2012 $1,430,000 Net Revenue $3,094,625 Multiplied by 35% 35% Payment $1,083,119 Plus $1,430,000 Total Payment to County $2,513,119 $3,946,047 3 Funding Source Carryover FY 2012 Fund Balance TIF Revenue $1,033,174 $2,513,119 $0 $0 $49,754 $350,000 $399,754 $3,546,293 $399,754 $3,546,293 $3,946,047 Submitted into the public record in connec ion ith item-AVS on z-i �2- Priscilla A. Thompson City Clerk Description Category Authorization Amount Budgeted Amount Expended Remaining Balance Construction in Progress 1 Fire Station No. 2 on North Avenue and 14th Street Infrast 08-0065 $3,500,000 $1,064,634 $2,435,36 2 14th Streetscape Corridor Project Infrast 08-0047 $6,000,000 $1,155,639 $4,844,361 3 4 Omni CRA Waterline Improvement Project ($5M)-Net of Grant Awarded to City Hall The Restaurant LLC. North Bayshore Drive Improvements Infrast 08-0049 $4,768,843 $524,666 $4,244,177 Infrast 07-0045 $500,000 $161,761 $338,239 5 Bayshore Drive Project Infrast 07-0056 $4,100,000 $1,812,754 6 Skateboard Park Parks and Open Spaces 08-0057 $1,000,000 $25,836 $2,287,246 $974,164 7 8 9 MEC/Media & Entertainment Complex / Design Phase Museum Park Project - Expenditures Paid by the City of Miami MEC/Media & Entertainment Complex Infrast 11-0043 $1,087,268 $1,087,268 Infrast NR $422,249 $422,249 Infrast FY 2011 Rent Collected (Rock Of The Ages) $20,000 $20,000 Subtotal $21,398,360 $4,745,290 $16,653,070 Total Budget Amount NR - No CRA Resolution R - CRA Resolution Passed $442,249 $16,210,821 $ 16,653,070 4 Funding Source Carryover FY 2012 Fund Balance TIF Revenue $2,435,366 $4,844,361 $4,244,177 $338,239 $2,287,246 $974,164 $1,087,268 $17,000 $405,249 $20,000 $16,247,821 $405,249 $16,247,821 $405,249 $ 16,653,070 Submitted into the public record in connect'on ith item on Priscilla A. Thompson City Clerk Funding Source Description Category Authorization Amount Budgeted Amount Expended Remaining Balance Carryover Fund Balance FY 2012 TIF Revenue Grants and Aids 1 Miami Woman's Club - 40 year recertification Infrast 09-0020 $3,750,000 $3,746,964 $3,036 $3,036 2 Trinity Church for exterior repairs and 40- year recertification Infrast 09-0013 $1,000,000 $611,440 $388,560 $388,560 3 Matching Grant with City of Miami - Miami Woman Club Baywalk Project Infrast 10-0034 $46,500 $1,165 $45,335 $45,335 4 Museum Park Baywalk - Matching Funds FIND Grant -Total Project Cost $8,617,449 Infrast 11-0033 $1,143,000 $1,143,000 $1,143,000 5 Environmental Remediation Bicentennial Park Infrast 10-0046 $2,000,000 $998,348 $1,001,652 $1,001,652 6 Tunnel Facility Fee Infrast 10-0074 $160,000 $160,000 $160,000 7 FY 2010 Art Basel Arst and Culture 10-0095 $50,000 $6,835 $43,165 $43,165 8 FY 2012 Art Basel Arst and Culture NR $50,000 $50,000 $50,000 9 Downtown Enhancement Team - Entertainment and Media District I Job Creation 08-0036 $55,000 $52,289 $2,711 $2,711 10 Downtown Enhancement Team - Entertainment and Media District 11 Quality of Life 10-0011 $55,000 $55,000 $55,000 11 Overtime Police Visibility Program II Quality of Life 09-0022 $60,000 $59,583 $417 $417 12 Margaret Pace Park - Replacement of damaged playground shade structures. Parks and Open Spaces 10-0056 $60,000 $56,121 $3,879 $3,879 13 Margaret Pace Park - Exercise Equipment Parks and Open Spaces 10-0030 $66,000 $58,048 $7,952 $7,952 14 FY 2010 DMP Wrap Around Program - Approved 3/10 Job Creation 10-0012 $325,000 $215,081 $109,919 $109,919 15 Youth Summer Employment Program II Job Creation 10-0044 $120,000 $86,499 $33,501 $33,501 16 Youth Summer Employment Program II (add funds) Job Creation 10-0055 $120,000 $57,345 $62,655 $62,655 17 Small Business Economic Stimulus I Job Creation 09-0004 $50,000 $7,916 $42,084 $42,084 18 Small Business Economic Stimulus II Job Creation 10-0032 $50,000 $50,000 $50,000 19 NANA - Business Training Program Job Creation 10-0031 $30,000 $27,600 $2,400 $2,400 20 Film, Media and Entertainment Grant Job Creation 10-0091 $250,000 $250,000 $250,000 Submitted into the public record in connecti n w ith item s on 2-la l l Z 5 Priscilla A. Thompson City Clerk 21 City Hall The Restaurant LLC - Funding Source "Omni CRA Waterline Project" Infrast 11-0033 $80,798 $80,798 $0 $0 22 Braman Auto, Inc - Underwrite Costs associated with the installation of a 12" Water Main along NE 7nri Avanue Infrast 11-0063 $150,359 $150,359 $0 $0 23 Dolphin Coin - Renovation Vacant Structure Job Creation 11-0062 $16,475 $16,475 $16,475 24 Beautification of Parking Lots around AAA/PAC Area Sidewalk Enhancement Infrast 10-0090 $250,000 $250,000 $250,000 Subtotal $9,938,132 $6,216,391 $3,721,741 $3,721,741 $0 $3,721,741 $0 Total Budget Amount NR - No CRA Resolution R - CRA Resolution Passed $50,000 $3,671,741 $3,721,741 6 $3,721,741 Submitted into the public recordconnection ith item on `" B- Priscilla A. Thompson City Clerk