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Home My WebLink AboutCRA-R-14-0019 Exhibit 1OMNI SPECIAL REVENUE FUND 2013-2014 Amended Budget 2013/14 REVENUE: AMENDED CITY OF MIAMI - Tax Increment Funds 6,730,834 MIAMI DADE COUNTY - Tax Increment Funds 4,175,796 FY 2013 FUND BALANCE 18,890,662 TOTAL REVENUE 29,797,292 EXPENDITURE PROFESSIONAL SERVICES 165,436 OTHER CONTRACTUAL SERVICES 29,606 INTERFUND TRANSFER (Administration) 600,000 OTHER CURRENT CHARGES AND OBLIGATION 3,817,321 INTERFUND TRANSFER (Debt Service) 4,262,285 INTERFUND TRANSFER (Grant) 1,337,822 CONSTRUCTION IN PROGRESS 16,501,222 OTHER GRANTS AND AIDS 2,983,600 BUDGET RESERVE 100,000 TOTAL EXPENDITURES 29,797 292 REVENUES LESS EXPENDITURES 2/24/2014 OMNI SPECIAL REVENUE FUND 2013 - 2014 Amended Budget 2013-2014 Funding Source DESCRIPTION Category Reso # Amount Budgeted Remaining Balance Carryover Fund Balance FY 2013/14 TIF Revenue Professional Service 1 External Legal Counsel Services Admin. 10-0002 75,000 157 157 2 FY 2013 Available for Wragg & Cases Admin. 13-0055 75,000 70,630 70,630 3 FY 2013/14 External Auditing: Sanson Kline lacomino Tandon & Gamarra, LLP Admin. 13-0055 15,000 15,000 8,000 7,000 4 Federal Government - Lobbyist Admin. 11-0021 48,000 2,000 2,000 5 Doug Bruce & Assoc. - Lobbyist Florida State Government Admin. 10-0054 13-0055 62,600 55,000 3,063 28,330 3,063 28,330 6 First Southwest Financial Services Admin. 12-0024 28,000 6,256 6,256 7 Available for Other Professional Services Admin. 13-0055 48,927 40,000 40,000 Other Contractual Services 8 Purchases of Streetlight Pole - Superblock Infrast. 11-0025 7,900 7,900 7,900 9 Landscape Maintenance (CRA Owned Vacant Lots) Quality of Life 11-0005 11-0018 12,226 4,452 2,254 4,452 2,254 4,452 10 Horsepower Electric, Inc. - Streetlight Maintenance Quality of Life 13-0055 15,000 15,000 1,697 13,303 SUBTOTAL 447,105 195,042 174,739 20,303 TOTAL BUDGET AMOUNT $195,042 NR - No CRA Resolution R - CRA Resolution; Passed PROFESSIONAL SERVICES OTHER CONTRACTUAL SERVICES $ 195,042 $ 195,042 $ 165,436 $ 29,606 $ 195,042 Detail n1 Mod 2(,13 2i, I ()MN! sper ir.i krver t - Funr1 l„jai„t.d FtiuiFe; Pg 2 of 5 2/24/2014 12:07 PM OMNI SPECIAL REVENUE FUND 2013 - 2014 Amended Budget 2013-2014 Funding Source DESCRIPTION Category Reso # Amount Budgeted Remaining Balance Carryover Fund Balance FY 2013/14 TIF Revenue Interfund Transfer (Administration 1 FY 2013 OMNI TIF: Contribution General Operating Fund Admin. 13-0055 600,000 600,000 600,000 Other Current Charges and Obligations FY 2014 PAC Contributions Interfund Transfer (Debt Service 3 FY 2014 OMNI/Port Tunnel Loan Payment Interfund Transfer (Grants) Infrast Infrast Overtime Police Visibility Pilot program IV Quality of Life Overtime Police Visibility Pilot program IV CRA Police Quality of Life Quality of Life SUBTOTAL TOTAL BUDGET AMOUNT NR - No CRA Resolution R - CRA Resolution; Passed 825,000 $9,192,427 $ 10,017,427 INTERFUND TRANSFER (Admin) 600,000 OTHER CURRENT CHARGES ANC 3,817,320 INTERFUND TRANSFER (Debt Se 4,262,285 INTERFUND TRANSFER (Grant) 1,337,822 $ 10,017,427 Interlocal Agreement Loan Payment 11-0064 13-0055 FY 2014 3,817,320 5,801,792 3,817,320 4,262,285 3,817,320 4,262,285 350,000 162,822 350,000 350,000 825,000 825,000 11, 744,112 10,017,427 162,822 4,425,107 350,000 825,000 5,592,320 $10,017,427 Detail p2 Pg 3 of 5 2/24/2014 12:07 PM 2033-2014 OMNI Special Revenue Fund Amended Budget - Final DESCRIPTION Construction In Progress Fire Station No. 2 North Miami Ave. & 14th St. NE 14th Streetscape Corridor Project Museum Park MEC/Media & Entertainment Complex Design Phase MEC/Media & Entertainment Complex North Bayshore Drive Improvements Bayshore Drive Project eim.ursemen o e i yo Miami (Museum Park - Design 8 Phase) Bayshore Drive OMNI SPECIAL REVENUE FUND 2013 - 2014 Amended Budget Category Infrast Infrast Infrast Infrast Infrast Infrast - To be Deobligated Infrast - To be Deobligated Infrast Reso # 08-0065 08-0047 12-0027 11-0043 13-00401 FY 2014 Rent Collected 07-0045 07-0056 Directive Given By The CRA Board Amount Budgeted 3,500,000 6,000, 000 5,000,000 1,087,268 5,535 6,252,176 34,000 500,000 4,100,000 733,351 Remaining Balance 464,700 2,945,352 2,557,603 887,768 5,535 6,252,176 34,000 333,491 2,287,246 733,351 SUBTOTAL $27,212,330 $16,501,222 TOTAL BUDGET AMOUNT NR - No CRA Resolution R - CRA Resolution; Passed $ 767,351 $15,733,871 16,501,222 CONSTRUCTION IN PROGRESS $ 16,501,222 $ 16,501,222 2013-14 Funding Source Carryover Fund FY 2013/14 TIF Balance Revenue 464,700 2,945,352 2,557,603 887,768 5,535 1,133,170 5,119,006 34,000 333,491 2,287,246 733,351 $11,382,216 $5,119,006 $16,501,222 Detail #3 Mod 2013 2014 OMNI Special Revenue Fund Amended Budget Final Pg 4 of 5 2/24/2014 12:07 PM OMNI SPECIAL REVENUE FUND 2013 - 2014 Amended Budget DESCRIPTION OTHER GRANTS AND AIDS 1 10 Trinity Church for exterior repairs and 40 year recertification Matching Grant with City of Miami - Miami Woman Club Baywalk Matching Grant with City of Miami - Miami Woman Club Baywalk Museum Park Baywalk - Matching Funds FIND Grant Total Project Cost $8,617,449 Environment Remedial on Bicentennial Park Tunnel Facility Fee FY 2010 Art Basel Dog Run for Margaret Pace Park FY 2010 DMP Wrap Around Program Cab and Brown Box Fire Truck 11 Homeless Assistants Category Infrast Infrast Infrast Infrast Infrast Infrast Art and Culture Art and Culture Job Creation Quality of Life Quality of Life Reso # 09-0013 10-0034 13-00401 11-0033 11-0046 10-0074 10-0095 10-0026 10-0012 13-00685 FY 2014 Original Budgeted Amount 1,000,000 46,500 150,000 1,143,000 2,000,000 160,000 50,000 80,000 325,000 100,000 175,000 Remaining Balance 100,000 7,211 150,000 1,143,000 1,001,652 160,000 43,165 50,320 53,252 100,000 175,000 SUBTOTAL $5,229,500 $2,983,600 TOTAL BUDGET AMOUNT NR - No CRA Resolution R - CRA Resolution; Passed OTHER GRANTS AND AIDS $ 175,000 $ 2,808,600 $ 2,983,600 $ 2,983,600 $ 2,983,600 2013-14 Funding Source Carryover Fund FY 2013/14 Balance TIF Revenue 100,000 7,211 150,000 1,143,000 1,001,652 160,000 43,165 50,320 53,252 100,000 175,000 $2,983,600 $0 $2,983,600 Detail #4 Mod 2013-2014 OMNI Special Revenue Fund Amended Budget - Final Pg 5 of 5 2/24/2014 4:47 PM OMNI / MIDTOWN CRA General Operating Amended Budget for 2013-2014 REVENUE: OTHER INTERFUND TRANSFERS TOTAL REVENUE 799,390 799,390 EXPENDITURE REGULAR SALARIES 351,305 FRINGE BENEFITS 13,800 FICA TAXES 25,842 RETIREMENT CONTRIBUTION 17,990 LIFE AND HEALTH INSURANCE 32,960 OTHER CONTRACTUAL SERVICE 14,934 TRAVEL AND PER DIEM 30,000 COMMUNICATIONS 5,400 POSTAGE 1,000 UTILITY SERVICE 21,930 RENTAL AND LEASES 3,000 INSURANCES 73,000 REPAIR & MAINTENANCE SVC 6,000 ADVERTISING & RELATED COST 40,000 OTHER CURRENT CHARGES & OBLIGATIONS 5,000 OPERATING SUPPLIES 14,000 SUBSCRIPTION, MEMBERSHIP, LIC 7,200 MACHINERY & EQUIPMENT 2,000 INTERFUND TRANSFERS 17,500 BUDGET RESERVE 116,529 TOTAL EXPENDITURES 799,390 REVENUES LESS EXPENDITURES (0) 2/24/2014 3:18 PM OMNI / MIDTOWN CRA General Operating Amended Budget 2013-2014 EXPENDITURES OMNI MIDTOWN TOTAL REGULAR SALARIES 334,060 3,745 337,805 OTHER SALARIES & WAGES 13,500 13,500 Compensated Absences FRINGE BENEFITS 13,800 13,800 FICA TAXES 25,556 286 25,842 RETIREMENT CONTRIBUTION 17,721 269 17,990 LIFE AND HEALTH INSURANCE 32,960 32,960 OTHER CONTRACTUAL SERVICE 14,806 128 14,934 Security System, Monitoring & Alarm, Janitorial Services, ADP Processing, ICMA Retirement, Other Contractual Svcs TRAVEL AND PER DIEM 29,700 300 30,000 COMMUNICATIONS 5,344 56 5,400 Bellsouth, Comcast, Services POSTAGE 1,000 1,000 Mailers, Newsletters, FedEx, etc. UTILITY SERVICE 21,742 188 21,930 For the FH2 and MEC RENTAL AND LEASES 2,975 25 3,000 Konica Milonta Copier INSURANCES 72,570 430 73,000 General Liability & Property Insurance for the FH2 & MEC, Worker Compensation, etc. REPAIR & MAINTENANCE SVC 5,940 60 6,000 ADVERTISING & RELATED COST 29,700 300 30,000 Promotions,Marketing, Newspaper, Events, Awards, etc. OTHER ADVERTISING COST - Camillus House 10,000 - 10,000 OTHER CURRENT CHARGES & OBLIGATIONS 4,950 50 5,000 Ribbon Cutting Ceremonies, other, OPERATING SUPPLIES 13,460 540 14,000 Operating Supplies, Office Supplies, Copier, etc. Detail 2013-14 2013 2014 CRA OMNI & MID1OWN Gen Opera Amended Budget Final Pg 1 of 2 2/24/2014 3:18 PM OMNI / MIDTOWN CRA General Operating Amended Budget 2013-2014 EXPENDITURES OMNI MIDTOWN TOTAL SUBSCRIPTION, MEMBERSHIP, LIC 7,113 87 7,200 Florida Redevelopment Assoc., Chamber Commerces, Email Marketing, Continuing Education, etc. MACHINERY & EQUIPMENT 1,990 10 2,000 INTERFUND TRANSFERS 17,325 175 17,500 City's Clerk Services BUDGET RESERVE 93,766 22,763 116,529 TOTAL 769,977 29,413 799,390 Detail 2013-14 2013 2014 CRA OMNI & MIDTOWN Gen Opera Amended Budget Final Pg 2 of 2 2/24/2014 3:18 PM