HomeMy WebLinkAboutCRA-R-12-0050 07-30-2012 Legislation with attachmentCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00816
Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST 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, 2012 AND ENDING
SEPTEMBER 30, 2013; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT
A COPY OF EACH BUDGET TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA")
is responsible for carrying out community redevelopment activities and projects within its
Redevelopment Area; and
WHEREAS, as a prerequisite to carrying out Fiscal Year 2013 redevelopment activities, the
Board of Commissioners must approve the CRA's proposed General Operating Budget and Tax
Increment Fund Budget for the Fiscal Year commencing October 1, 2012 and ending September 30,
2013; 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
SOUTHEAST OVERTOWN/PARK WEST 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's General Operating Budget and Tax Increment Fund Budget, for
the Fiscal Year commencing October 1, 2012 and ending September 30, 2013 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.
APPROVED AS TO FORM AND CORRECTNESS:
(1'1.0
JULIE O. BRU, GENERAL COUNSEL
City of Miami Page I of 1 File Id: 12-00816 (Version: 1) Printed On: 7/18/2012
SEOPW OPERATING & SPECIAL REVENUE FUND BUDGET
FY 2013
SEOPW
Budget
Revenues
CITY OF MIAMI - TAX INCREMENT (ORIGINAL BOUNDARIES) (ESTIMATE)
MIAMI DADE COUNTY - TAX INCREMENT (ORIGINAL BOUNDARIES) (ESTIMATE)
CITY OF MIAMI -TAX INCREMENT (EXPANDED BOUNDARIES) (ESTIMATE)
MIAMI DADE COUNTY -TAX INCREMENT (EXPANDED BOUNDARIES) (ESTIMATE)
CARRYOVER FUND BALANCE
$5,671,631
$3,628,369
$120,000
$80,886
$26,376,416
TOTAL REVENUES
Special Revenue Expenditures
PROFESSIONAL SERVICES - LEGAL
ACCOUNTING AND AUDIT
PROFESSIONAL SERVICES - OTHER
OTHER CONTRACTUAL SERVICES
LAND
INTERFUND TRANSFER (Debt Service)
INTERFUND TRANSFER (Grant)
DEBT SERVICE PAYMENT
CONSTRUCTION IN PROGRESS
OTHER GRANTS AND AIDS
Administrative Expenditures
REGULAR 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/TRAINING
MACHINERY AND EQUIPMENT
ADVERTISING
RENTAL AND LEASES
POSTAGE
REPAIR/MAINTENANCE - OUTSIDE
INTERFUND TRANSFER
BUDGET RESERVE
$35,877,302
$172,242
$45,000
$422,698
$236,239
$581,500
$440,059
$501,966
$5,006,269
$17,451,218
$9,547,175
$721,115
$55,165
$103,154
$66,032
$12,000
$19,830
$10,000
$5,500
$63,640
$89,500
$9,000
$7,000
$7,000
$16,000
$2,000
$40,000
$7,000
$2,000
$2,000
$35,000
$200,000
TOTAL EXPENDITURES
$35,877,302
So
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