The URL can be used to link to this page

Home My WebLink AboutCRA-R-14-0048 Exhibit 1-SUBTHIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. OMNI / MIDTOWN CRA General Operating Budget for 2014-2015 REVENUE: ESTIMATE OTHER INTERFUND TRANSFERS 894,098 TOTAL REVENUE 894,098 EXPENDITURE REGULAR SALARIES 416,800 FRINGE BENEFITS 20,000 FICA TAXES 31,885 RETIREMENT CONTRIBUTION 24,140 LIFE AND HEALTH INSURANCE 59,950 OTHER CONTRACTUAL SERVICE 35,522 TRAVEL AND PER DIEM 30,000 COMMUNICATIONS 3,000 POSTAGE 1,000 UTILITY SERVICE 19,380 RENTAL AND LEASES 3,500 INSURANCES 53,000 REPAIR & MAINTENANCE SVC 6,000 ADVERTISING & RELATED COST 40,000 OTHER CURRENT CHARGES & OBLIGATIONS 7,500 OPERATING SUPPLIES 14,000 SUBSCRIPTION, MEMBERSHIP, LIC 8,565 MACHINERY & EQUIPMENT 9,800 INTERFUND TRANSFERS 17,500 BUDGET RESERVE 92,556 TOTAL EXPENDITURES 894,098 REVENUES LESS EXPENDITURES 7/10/2014 2:59 PM z coW OMNI / MIDTOWN CRA o u m General Operating Budget 2014-2015 Estimated I- Q O H z 0 N re x EXPENDITURES OMNI MIDTOWN TOTAL O LL vai D O Executive Director 127,260 2,740 130,000 • u Z Assistant Director 107,800 107,800 m = Assist. to Executive Director 43,000 43,000 3 Q F- Project Manager 55,000 55,000 p Z Q Finacial Officer 54,995 1,005 56,000 N 22 W REGULAR SALARIES 388,055 3,745 391,800 H O N OTHER SALARIES & WAGES 25,000 25,000 Compensated Absences FRINGE BENEFITS 19,950 50 20,000 FICA TAXES 31,599 286 31,885 RETIREMENT CONTRIBUTION 23,865 275 24,140 LIFE AND HEALTH INSURANCE 59,950 59,950 OTHER CONTRACTUAL SERVICE 32,815 2,707 35,522 Security System, Monitoring & Alarm, Janitorial Services, ADP Processing, ICMA Retirement, Other Contractual Svcs TRAVEL AND PER DIEM 29,700 300 30,000 COMMUNICATIONS 2,970 30 3,000 Bellsouth, Comcast, Services POSTAGE Mailers, Newsletters, FedEx, etc. 1,000 1,000 UTILITY SERVICE 19,200 180 19,380 For the FH2 and MEC RENTAL AND LEASES 3,465 35 3,500 Konica Milonta Copier INSURANCES 52,470 530 53,000 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 OTHER ADVERTISING COST - Camillus House 10,000 - 10,000 Detail 2014-15 2014 2015 General Operating Budget Estimate Pg 1 of 2 7/10/2014 2:59 PM OMNI / MIDTOWN CRA General Operating Budget 2014-2015 Estimated EXPENDITURES OMNI MIDTOWN TOTAL OTHER CURRENT CHARGES & OBLIGATIONS Ribbon Cutting Ceremonies, other, OPERATING SUPPLIES Operating Supplies, Office Supplies, Copier, etc. SUBSCRIPTION, MEMBERSHIP, LIC Florida Redevelopment Assoc., Chamber Commerces, Email Marketing, Continuing Education, etc. MACHINERY & EQUIPMENT INTERFUND TRANSFERS City's Clerk Services BUDGET RESERVE TOTAL 7,425 13,860 8,479 75 7,500 140 86 14,000 8,565 9,702 98 9,800 17,325 175 17,500 62,588 29,968 92,556 855,058 39,040 894,098 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Detail 2014-15 2014 2015 General Operating Budget Estimate Pg 2 of 2 7/10/2014 2:59 PM THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. OMNI SPECIAL REVENUE FUND 2014-2015 Budget ESTIMATED REVENUES: 2014/15 CITY OF MIAMI - Tax Increment Funds 7,944,155 MIAMI DADE COUNTY - Tax Increment Funds 4,486,877 FY 2013 FUND BALANCE (Un-Audited) 18,869,371 TOTAL REVENUE 31,300,403 EXPENDITURE PROFESSIONAL SERVICES 164,255 OTHER CONTRACTUAL SERVICES 24,357 INTERFUND TRANSFER (Administration) 790,000 OTHER CURRENT CHARGES AND OBLIGATION 4,350,862 INTERFUND TRANSFER (Debt Service) 5,414,135 INTERFUND TRANSFER (Grant) 1,608,301 CONSTRUCTION IN PROGRESS 16,052,862 OTHER GRANTS AND AIDS 2,820,631 BUDGET RESERVE 75,000 TOTAL EXPENDITURES 31,300,403 REVENUES LESS EXPENDITURES (0) 7/23/2014 THIS DOCUMENT IS A SUBSTITUTION TO OMNI SPECIAL REVENUE FUND ORIGINAL. BACKUP ORIGINAL CAN BE 2014 - 2015 Budget SEEN AT THE END OF THIS DOCUMENT. DESCRIPTION Category Reso # Original Budgeted Amount Remaining Balance Professional Service 1 FY 2014/15 Available for Wragg & Cases FY 2013 Available for Wragg & Cases 2 FY 2014/15 External Auditing: FY 2013/14 External Auditing: Sanson Kline Jacomino Tandon & Gamarra, LLP Doug Bruce & Assoc - Lobbyist (Colodny, Fass, Talenfeld ,Karlinsky, Abate & Webb) 4 Available for Other Professional Services Other Contractual Services 5 Purchases of Streetlight Pole - Superblock 6 Horsepower Electric, Inc. - Streetlight Maintenance R - CRA Resolution; Passed PROFESSIONAL SERVICES OTHER CONTRACTUAL SERVICES Admin. Admin. Admin. Admin. Admin. Infrast. Quality of Life SUBTOTAL TOTAL BUDGET AMOUNT FY 2015 13-0055 FY 2015 13-0055 FY 2015 13-0055 13-0055 11-0025 FY 2015 13-0055 70,000 75,000 15,000 15,000 30,000 55,000 48,927 7,900 15,000 15,000 70,000 5,000 15,000 3,500 30,000 7,929 32,826 7,900 15,000 1,457 $ 188,612 $ 188,612 164,255 $ 24,357 $ 188,612 346,827 188,612 2014-15 Funding Source Carryover Fund FY 2014/15 TIF Balance Revenue 70,000 5,000 15,000 3,500 30,000 7,929 32,826 7,900 15,000 1,457 58,612 130,000 $188,612 2014-2015 OMNI Special Revenue Fund Estirnated Detail ill Mod Pg 2 of 5 7/23/2014 8:36 AM THIS DOCUMENT IS A SUBSTITUTION TO OMNI SPECIAL REVENUE FUND ORIGINAL. BACKUP ORIGINAL CAN BE 2014 - 2015 Budget SEEN AT THE END OF THIS DOCUMENT. 2014-15 Funding Source DESCRIPTION Category Reso # Original Budgeted Amount Remaining Balance Carryover Fund Balance FY 2014/15 TIF Revenue Interfund Transfer (Administration) 1 FY 2014/15 OMNI TIF Contribution General Operating Fund Admin. FY 2015 790,000 790,000 790,000 Other Current Charges and Obligations 2 FY 2014/15 PAC Contributions Infrast Interlocal Agreement 4,350,862 4,350,862 4,350,862 Interfund Transfer (Debt Service) 3 FY 2014/15 OMNI/Port Tunnel Loan Payment Infrast Loan Payment 5,801,792 3,300,000 2,114,135 3,300,000 2,114,135 3,300,000 Interfund Transfer (Grants) 4 Overtime Police Visibility Pilot program IV Quality of Life 13-0055 350,000 333,301 333,301 - 5 CRA Police Quality of Life 14-00196 FY 2015 825,000 450,000 825,000 450,000 825,000 - 450,000 TOTAL BUDGET AMOUNT $12,163,298 R - CRA Resolution; Passed INTERFUND TRANSFER (Admin) OTHER CURRENT CHARGES AND OBLI INTERFUND TRANSFER (Debt Service) INTERFUND TRANSFER (Grant) $12,163,298 $ 12,163,298 790,000 4,350,862 5,414,135 1,608,301 $ 12,163,298 Detail #2 2014-2015 OMNI Special Revenue Fund Estimated Pg 3 of 5 7/23/2014 8:36 AM THIS DOCUMENT IS A SUBSTITUTION TO OMNI SPECIAL REVENUE FUND ORIGINAL. BACKUP ORIGINAL CAN BE 2014 - 2015 Budget SEEN AT THE END OF THIS DOCUMENT. DESCRIPTION Category Reso # Construction In Progress Fire Station No. 2 N. Miami Ave. & 14th St. NE 14th Streetscape Corridor Project Museum Park MEC/Media & Entertainment Complex Infrast Infrast Infrast Infrast SUBTOTAL TOTAL BUDGET AMOUNT R - CRA Resolution; Passed $16,052,862 16,052,862 CONSTRUCTION IN PROGRESS $ 16,052,862 $ 16,052,862 08-0065 08-0047 14-00387 FY 2015 11-0043 14-00196 14-00387 FY 2015 Original Budgeted Amount 3,500,000 6,000,000 70,000 450,000 1,087,268 6,252,176 6,363,526 1,835,171 Remaining Balance 70,000 127,109 70,000 450,000 884,880 6,252,176 6,363,526 1,835,171 $25,558,141 $16,052,862 2014-15 Funding Source Carryover FY 2014/15 TIF Fund Balance Revenue 70,000 127,109 70,000 450,000 884,880 6,252,176 6,363,526 1,835,171 $13,767,691 $2,285,171 $16,052,862 Detail #3 Mod 2014-2015 OMNI Special Revenue Fund Estimated Pg 4 of 5 7/23/2014 8:36 AM THIS DOCUMENT IS A SUBSTITUTION TO OMNI SPECIAL REVENUE FUND ORIGINAL. BACKUP ORIGINAL CAN BE 2014 - 2015 Budget SEEN AT THE END OF THIS DOCUMENT. DESCRIPTION Category OTHER GRANTS AND AIDS Park Art Museum (PAM) 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 Environmental Remediation in Bicentennial Park Dog Run for Margaret Pace Park Way, Finding, Signs Homeless Assistance Quality of Life Infrast Infrast Infrast Infrast Quality of Life Quality of life Quality of Life SUBTOTAL TOTAL BUDGET AMOUNT R - CRA Resolution; Passed OTHER GRANTS AND AIDS $ 2,820,631 $ 2,820,631 $ 2,820,631 $ 2,820,631 Reso # FY 2015 10-0034 13-00401 11-0033 11-0046 10-0026 14-00387 FY 2015 14-00196 Original Budgeted Amount 1,000,000 46,500 150,000 1,143,000 2,000,000 80,000 125,000 175,000 Remaining Balance 1,000,000 3,322 150,000 312,912 1,001,652 22,745 30,000 125,000 175,000 $4,719,500 $2,820,631 2014-15 Funding Source Carryover Fund FY 2014/15 Balance TIF Revenue 1,000,000 3,322 150,000 312,912 1,001,652 22,745 30,000 125,000 175,000 $1,695,631 $1,125,000 $2,820,631 Detail #4 Mod 2014-2015 OMNI Special Revenue Fund Estimated Pg 5 of 5 7/23/2014 8:36 AM SUBSTITUTED OMNI / MIDTO WN CRA General Operating Budget for 2014-2015 VENUE: THER INTERFUND TRANSFERS TOTAL REVENUE ESTIMATE 894,098 894,098 EXPENDI RE REGULAR LARIES 416,800 FRINGE BEN. ITS 20,000 FICA TAXES 31,885 RETIREMENT CO 'IBUTION 24,140 LIFE AND HEALTH INRANCE 59,950 OTHER CONTRACTUAL ' RVICE 35,522 TRAVEL AND PER DIEM 30,000 COMMUNICATIONS 3,000 POSTAGE 1,000 UTILITY SERVICE 19,380 RENTAL AND LEASES 3,500 INSURANCES 53,000 REPAIR & MAINTENANCE SVC 6,000 ADVERTISING & RELATED COST 40,000 OTHER CURRENT CHARGES & OBLIGATIONS 7,500 OPERATING SUPPLIES 14,000 SUBSCRIPTION, MEMBERSHIP, LIC 8,565 MACHINERY & EQUIPMENT 9,800 INTERFUND TRANSFERS 17,500 BUDGET RESERVE 92,556 TOTAL EXPENDITURES :94,098 REVENUES LESS EXPENDITURES 7/14/2014 3:36 PM OMNI SPECIAL REVENUE FUND 2014-2015 Budget SUBSTITUTED ESTIMATED REVE ES: 2014/15 CITY OF • MI - Tax Increment Funds 7,944,155 MIAMI DAD OUNTY - Tax Increment Funds 4,486,877 FY 2013 FUND : ANCE (Un-Audited) 18,869,371 TAL REVENUE 31,300,403 EXPENDITURE PROFESSIONAL SERVICES 164,255 OTHER CONTRACTUAL SERVICES 24,357 INTERFUND TRANSFER (Administratio 790,000 OTHER CURRENT CHARGES AND OBLIGA •N 4,350,862 INTERFUND TRANSFER (Debt Service) 5,414,135 INTERFUND TRANSFER (Grant) 1,608,301 CONSTRUCTION IN PROGRESS 16,052,862 OTHER GRANTS AND AIDS 2,820,631 BUDGET RESERVE 75,000 TOTAL EXPENDITURES 31,300,403 REVENUES LESS EXPENDITURES (0) 7/14/2014