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Home My WebLink AboutCRA-R-16-0029 Exhibit$EQh EN R L k G T' 1N R MENT� Dab a t3E .;�' ' F to, �ryE C�IET A I [t D t.? _BU E T REVENUES CITY OF MIAMI - TAX INCREMENT (ORIGINAL BOUNDARIES) $10,527,913 $9,289,271 $1,238,642 MIAMI DADE COUNTY - TAX INCREMENT (ORIGINAL BOUNDARIES) $6,424,109 $5,793,212 $630,897 CITY OF MIAMI - TAX INCREMENT (EXPANDED BOUNDARIES) $483,761 $342,425 $141,336 MIAMI DADE COUNTY - TAX INCREMENT (EXPANDED BOUNDARIES) $295,185 $233,394 $61,791 CITY OF MIAMI - TAX INCREMENT (PARK WEST ADDITION) $364,043 $347,349 $16,694 MIAMI DADE COUNTY - TAX INCREMENT (PARK WEST ADDITION) $222,061 $211,998 $10,063 2016 CONTRIBUTION FROM THE CHILDREN TRUST FUND $0 $0 GRANT FROM EDA (FEDERAL GOVERNMENT) $0 $0 2016 UNAUDITED FUND BALANCE $32,689,516 $34,858,127 -$2,168,611 T„OTACREVENIJE t' ' "$1d06;5$8 1w075,776 4:Y7$69;J88' REC)EVFLOPMK XPENDITURES PROFESSIONAL SERVICES - LEGAL $319,996 294,696 $25,300 ACCOUNTING AND AUDIT $31,200 30,000 $1,200 PROFESSIONAL SERVICES - OTHER $3,036,834 1,840,978 $1,195,856 OTHER CONTRACTUAL SERVICES $390,000 292,759 $97,241 LAND $1,653,794 1,535,968 $117,826 INTERFUND TRANSFER (Grant) $2,325,297 2,146,571 $178,726 DEBT SERVICE PAYMENT $11,450,659 8,152,609 $3,298,050 CONSTRUCTION IN PROGRESS $176,984 6,486,161 -$6,309,177 OTHER GRANTS AND AIDS $28,171,988 27,529,840 $642,148 ADMIIVISTRATII)E€EiPENDICURES F�,�� .s. s� � REGULAR SALARIES $1,083,306 976,163 $107,143 FICA TAXES $82,873 74,676 $8,197 LIFE AND HEALTH INSURANCE $173,014 163,191 $9,823 RETIREMENT CONTRIBUTION $102,079 92,818 $9,261 FRINGE BENEFITS $18,300 38,300 -$20,000 OTHER CONTRACTUAL SERVICE $92,566 90,030 $2,536 TRAVEL AND PER DIEM $30,000 40,000 -$10,000 COMMUNICATIONS $0 5,500 -$5,500 UTILITY SERVICE $64,401 10,000 $54,401 INSURANCE $139,555 64,500 $75,055 OTHER CURRENT CHARGE $59,000 26,000 $33,000 SUPPLIES $12,000 12,000 $0 OPERATING SUPPLIES $12,000 12,000 $0 SUBSCRIPTION MEMBERSHIP/TRAINING $15,000 15,000 $0 MACHINERY AND EQUIPMENT $3,000 3,000 $0 ADVERTISING $35,000 35,000 $0 RENTAL AND LEASES $67,000 7,000 $60,000 POSTAGE $2,000 2,000 $0 REPAIR/MAINTENANCE - OUTSIDE $2,000 2,000 $0 INTERFUND TRANSFER $30,000 30,000 $0 FY 2017 BUDGET RESERVE - ADMINISTRATION $240,000 240,000 $0 BUDGET RESERVE - OTHER (Revenue Shortfall Reserve) a) FY 2013 Carryover Fund Balance (Surplus) $314,134 314,134 $0 b) FY 2014 Carryover Fund Balance (Surplus) $512,015 512,882 -$867 c) FY 2015 Carryover Fund Balance (Surplus) $360,593 $360,593 ",a TOTAL FUND BALANCEt . ' z .. r .... rii ,`, . Iia 3 ..5Q06,589 x _ r$51,0,7,5,776 ? $$69,187 2017 TIF Revenue $18,317,072 2017 Administrative Expenditures $2,023,094 % Administrative Exp / 2017 TIF Revenue 11% 2017 Budget Reserve $1,426 742 Total 2017 Budget $51,006,589 % 2017 Budget Reserve / Total 2017 Budget 3%