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Home My WebLink AboutExhibit SUB'. Midtown CRA 2015-2016 Budget stlrrta THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. REVENUES: 2015/16 Other Interfund Transfers 740,583 Fund Reserve -carryover 50,000 Other Miscelaneous Revenues 20,000. TOTAL REVENUE EXPENDITURE Salaries Fringe Benefits FICA Taxes Life and Health. Insurance Retirement Contribution Other Contractual Services Travel and Pier Diem Communication Postage Utility Service Rental Leases insurance Repair and Maintenance Advertising and Related Cost Other Current Charges and Obligations Operating Supplies Subscription, Memberships Machinary and Equipment Interfund Transfers Budget Reserve TOTAL EXPENDITURES REVENUES LESS EXPENDITURES 393,000 18,000 27,866 48,700 20,750 39,522 30,000 3,O00 500 19,380 3,500 53,000 6,000 40,000 7,500 14,000 8,565 9,800 17,500 50,000 1 cm THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. SPECIAL _.0 U 1 Budget Estimated REVENUES: 2015/16 CITY OF MIAMI , Tax Increment Funds 9,828,513 MIAMI DADE COUNTY - Tax Increment Funds 5,663,331 FY 2015 FUND BALANCE (un-Audited) 12,016,791 TOTAL REVENUE 7,508,63 EXPENDITURE PROFESSIONAL SERVICES 222,858 OTHER CONTRACTUAL SERVICES 24,829 INTERFUND TRANSFER (Administration) 697,023 OTHER CURRENT CHARGES AND OBLIGATION 5,422,145 INTERFUND TRANSFER (Debt Service) 6,293,650 INTERFUN 0 TRANSFER (Grant) 1,646,204 CONSTRUCTION IN PROGRESS 7,932,235 OTHER GRANTS AND AIDS 5,201,692 BUDGET RESERVE 68,000 TOTAL EXPENDITURES 7.S08.66 REVENUES LESS EXPENDIURI 8/19/2015 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. i SPECIAL REVENUE 2015-2016 Budget Estimated REVENUES: 2015/16 CITY OF MIAMI - Tax Increment Funds 9,828,513 MIAMI DADE COUNTY - Tax Increment Funds 5,663,331 FY 2015 FUND BALANCE (un-Audited) 12,016,791 TOTAL REVENUE 27, i08,635 EXPENDITURE PROFESSIONAL SERVICES 222,858 OTHER CONTRACTUAL SERVICES 24,829 INTERFUND TRANSFER (Administration) 697,023 OTHER CURRENT CHARGES AND OBLIGATION 5,422,145 INTERFUND TRANSFER (Debt Service) 6,293,650 INTERFUND TRANSFER (Grant) 1,646,204 CONSTRUCTION IN PROGRESS 7,932,235 OTHER GRANTS AND AIDS 5,201,692 BUDGET RESERVE 68,000 TOTAL EXPENDITURES 27,508,636 REVENUES LESS EXPENDITURES 8/17/2015 NI SPECIAL REVENUE UNJt 2 2016 Budget DESCRIPTION Category Reso # Original Budgeted Amount Professional Service 1 FY 2014/15 Available for Wragg & Cases Admin. FY 2015 70,000 FY 2015/16 PR FY 2016 2 FY 2014/15 External Auditing: Sanson Kline Jacomino Tendon & Gamarra, LLP Admin. FY 2015 FY 2016 15,000 3 Doug Bruce & Assoc - Lobbyist (Colodny, Fass, Talenfeld ,Karlfnsky, Abate & Webb) FY 2015 FY 2016 30,000 4 Available for Other Professional Services Admin. FY 2015 FY 2016 20,452 Other Contractual Services 5 Purchases of Streetlight Pole - Superbiock Infrast. 11-0025 7,900 6 Horsepower Electric, Inc. - Streetlight Maintenance Quality of Life FY 2015. FY 2016 15,000 SUBTOTAL TOTAL BUDGET AMOUNT 158,352 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. 2015-16 Funding Source Carryover Fund FY 2015/16 TIF Balance Revenue. 11,936 70,000.00 1,556 15,000 6,066 43,300 75,000 7,900 16,929 27,458 220,229 247,687 Detail 111 Mod Pg 2 of 5 9/8/2015S 1:43 AM OMNI SPECIAL REVENUE FUND 2015 - 2016 Budget DESCRIPTION Category Reso # Original Budgeted Amount Interfund Transfer (Administration) 1 FY 2015/16 OMNI TIF Contribution General Operating Fund Admin. FY 2016 697,023 Other Current Charges and Obligations 2 FY 2015/16 PAC • Contributions Infrast Interlocal Agreement 5,422,145 Interfund Transfer (Debt Service) 3 FY 2015/16 OMNI/Port Tunnel Loan Payment Infrast Loan Payment FY 2016 5,414,135 Interfund Transfer (Grants) 4 Overtime Police Visibility Pilot program IV Quality of Life 5 CRA Police Quality of Life 14-00196 FY 2015 825,000 450,000 TOTAL BUDGET AMOUNT THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. 2015-16 Funding Source Carryover FY 2015/16 Fund Balance TIF Revenue 697,023 5,422,145 3,300,000 2,993,650 486,204 _ 450,000 710,000 4,285,504 9,715,795 14,001,299 Detail tt2 Pg 3 of 5 'nvv2:o3 4 2oa olvir41 ¶p€' k Reventv, rond Eilimated.xlsx 8/17/2015 4:45 PIV1 Wi022‘MitatINSIIIMA OMNI SPECIAL REVENUE FUND 2015 2016 DESCRIPTION Category Reso Task / Project Number Original Budgeted Amount Construction In Progress 1 Infrastructure street scape rovement FY 2016 2 14th Streetscape Corridor Project 3 Museum Park Infrast 14-00387 830538 70,000 4 MEC/Media & Entertainment Complex Land Purchase Infrast SUBTOTAL TOTAL BUDGET AMOUNT 14-00196 14-00387 FY 2015 FY 2016 840184 6,252,176 6,363,526 1,886,350 FY 2015 140,000.0 14,712,052 THIS DOCUMENT IS A SUBSTITUTION TC ORIGINAL BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. 2015-16 Funding Source Carryover FY 2015/16 TIF Fund Balance Revenue 1,225,897 22,760 3,543,082 1,886,350 1,200,000 54,145 5,506,338 2,425,897 7,932,235 Detail 83 Mod Pg 4 of 5 2).4,,A, 2014 2015 OMNI SPV1:ial keliCi“a% f tind 8/17/2015 4;42 PM OMNI SPECIAL REVENUE FUND 2015. 201 6 Budget DESCRIPTION Category Reso # Original Budgeted Amount OTHER GRANTS AND AIDS 1 Park Art Museum (PAMM) Quality of Life FY 2015 FY 2016 1,000,000 2 Matching Grant with City of Miami - Miami Woman Club Baywalk Infrast 10-0034 46,500 Matching Grant with City of Miami - Miami Woman Club Baywalk Infrast 13-00401 150,000 4 Museum Park Baywalk - Matching Funds FIND Grant Total Project Cost $8,617,449 Environmental Remediation In Bicentennial Park Infrast 11-0046 2,000,000 6 7 Dog Run for Margaret Pace Park Way, Finding, Signs Quality of Life Quality of life 10-0026 14-00387 FY 2015 FY 2015 80,000 180,000 Homeless Assistance Quality of Life 14-00196 FY 2015 175,000 FY 2016 SFRTA Trial FY 2016 SUBTOTAL. TOTAL BUDGET AMOUNT 3,631,500 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL, BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. 201 - 6 Funding Source Carryover Fund FY 2015/16 Balance TIF Revenue 1,000,000 1,000,000 1,953 141,920 100,000 9,319 30,000 447,500.00 20,000 180,000 175,000 46,000 175,000 1,875,000 2,131,692 3,070,000 5,201,692 Detail #4 Mod Pg 5 of 5 2new 2014-2015 OMNI Special Revenue Fund Estimated,xlsx 8/17/2015 4:45 PM OMNI MIDTOWN CR General Operating Amended Budget for 2015-2016 THIS DOCUMENT ISA SUBSTITUTION TO ORIGINAL BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. ESCRPT1ON5 ated201 6 .43 TOWN TOEAL REVENUE: 481000 !OTHER INTERFUND TRANSFERS 315000.IFUND RESERVE - Carryover ' 46160r t+ tiler MISC revenues - • EXPENDITURE REGULAR SALARIES!,4 000 lOTHER SALARIES Et WAGES Omni i Midtown 97.023 '43,559.00 0.00 50,000-00 404041 20,000.00 767,023.69 43,5596G xecu ive Director sstant Director Assist_ to Executive Director I Project Manager Financial Officer 25,000.00 7 'Compensated Absenc • •'• • "'• $. .69702$.69 $!!:,43,$$$rix)! • ••!:••• $ 20.000.00 767,023.60 S. 74058249 popoo.00 20,000,00 $ 141,2s0.p !$ zpviot $ l50,00Q00 $ 115.!00o.w!• $ 115.000.00 5 1900-00 3 4 43000,90 s $ $9.00>00 s 1,000,00 $ !so,scao$ • 3,740,00 S. 368,000 25,000,00 5 - $ 25,000.00 • 38$,260.00 $ 3,740.00 $ 393,000,0e 0 !FRINGE BENEFITS 18,000.30 18,000.00 , ! Exec. Dir All nce $,000.00 $ . $ sar.p$p ...._i . '.• Asst. Director - Car Ailowance -3•=0M$0 $ , l• Exec, Director - Cell Phone Allowance ;App..00 ' s! 7 $ 2,400,00 Asst Director - Ceil Phone Allowance 1,600.00 , 5 - $ , i46,00: ,.. 1 Financia! officer- Cell Phone Allowance 1.2014 $ ' $ 1;26:09 : .. City of !Warne Cost s .s*sio $ 3,000.00 FRINGE BENEFIT 21000 FICA TAXES RETIREMENT CONTRIBUTION .! 3000 RETIREMENT CONTRIBUTION t.•'; LIFE AND HEALTH INSURANCE t 27,865.89 Executive Director Assistant Director Project Manager 1 Financial Officer Neighborhood Health artnership UnitedHealthCare City of Miami cost- accrue •• $ • !....'21$08.47..3:!:4:,,„". • 27,865.89 12-0$000 $• S;750.05, $.00,109 207$0,00'' $ 42,000,00 $ 440100 $ 2,500.00, Page 1 2015-2015 General Operating Budget OMNI / MIDTOWN CRA General Operating Amended Budget fur 2015-2016 DESCRIPTIONS E AND HEALTH INSURANCE 34000 OTHER CONTRACTUAL SERVICE ER CONTRACTUALSERVICE 400CICI iTRAVELAND PER DIEM COMMUNICATIONS COMMUNICATIONS [POSTAGE UTILITY SERVICE 45000 /INSURANC.ES. INSURANCES' 6000!REPAIR & MAINTE ANCE SVC 548100 ;ADVERTISING & RELATED COST I2 36,815.00 2,707.00 ADP - Payroll Processing Fee anitc�riai Svc/Supply ADT (old Devcon) Circle Security System ICMA Retirement Annual Plan Fee Ad -Pro was a/c 46000 Otis Elevator Comp. City of Miami cost Contingencies THIS DOCUMENT IS A SUBSTITUTION TO it ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. S 2,070/00 'a$ S .. $ $ $. 49$.00 g 29,700.00 # 300.00 $ '''2 2,970.00 30.00 h Office Phone Comcast (was original in Utilities) $ Mailers, Newsletters, FedEx, etc. 19,200.00 1 179.80 FPL - FH2 (w/2nd fi @. $7 751mo) I FPL- MEC $ Water Sewer FH2 Water Sewer- FH2 Fireline $ Water Sewer - MEC $ Contingencies 52,470.00E 530.o0 5,940.00 Koni Copier General Liability & Property,_ ^ $ EC- General Liability & Property $ orker Compensation^ Promotians,Marketing, Newspaper, Events, 29,700.00 ; 300.00 Awards, Honorarium g, 2„970,00 $ 2,970.00. S TOTA 48, -00 Z1 8,000 0O 3.4t omo 500.,00 A .00 14,0z2,cp 39, Page 2 2015-2016 General Operating Budget OMNI / MIDTOWN CRA .General Operating Amended Budget for 2015-2016 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. DESCRIPTIONS IVIEOT WN TOTAL 548100 latter ADVERTISING COST 549000 1OTHER CURRENT CHARGES & OBUGATIONS 552000 !OPERATING SUPPLIES_ 10,000.00 !. 1CniiUus House 1 7,425:00 75.00 Ribbon Cutting Ceremonies, other, 13,860.00 140.00 10ffice Supplies Operating Supplies !Office Copier/Paper $ sOsolso $ 1 ioxfatlaci $ 7,4425.00 $ 75. 7,500.00 3,9$040 $ 40.00 5 .4.000J00 — $ 59400 $ 4000 5 6,000,00' '0%,$00.00 $ -40.00 $ 4,000.00; OPERATING SUPPLIES :$.." ' -13,860.00„.''...$! 140:;;ti0...:V ' '.714;000;,40' 554000 iSUBSCRIPTION, MEMSERSH1P, LIC 5,565.00 8,47935 1 85.65 1 GMCC :$••..- .j....'.90*,!'i.'.".,:'.6..-;6s,.,!'5 • :..,.."*:0=2,,; 1 GMCC Mtg & Luncheons ;SUBSCRIFrION, MEMBERSHIP, LIC 1MACHINERY & EQUIPMENT S 376:29" - 0:80 ' S '0 Dept Econ State of FL $ $SP.0 694.00, $ $40 $ soup. Daily Busines Review $56..40 $ 'so ,0 315600:m00 i Miami Herald $ 14,00 s tss $ FL Redeye Assocjmiami dade league $ 742* $ 't 50 $ - . 750.00 Email Marketing, Microsft License, CPE, etc $ 20104,70 $ 2a.ao $ -2=,,bo• 8,565.00 2 9,800.00 .17J$so.bs i71;1.00 98.00 17,325.00 1 175.00 APA•55 r4C 5 I 45'" $ ,14$96.45 $ 35;103.55 5 504006,66 76702359 43,559.00 510 582.89 Page 3 2015-2016 General Operating Budget � SUBSTITUTED 'General Operating0=11MIdtown CRA' 2015_2016 Budget REVENUES: 2015/16 Other IntarfundTransfers 740,583 Fund Reserve -carryover 50\000 Other Mia:e|anenusRevenues 20,01'/' TOTAL REVENUE EXPENDITURE ' 6o|adeo 393,000 Fringe Benefits 18\000 FICA Taxes � ,� 27,866 .^ Life and Health Insuran*cm 48'700 Retirement Contribution 20,750 Other Contractual Services _� 39'522 Travel and Pier Diem ^,�^/ 30,00O Communication ..''/ 3,O{0 Postage SOO Utility Service 19,380 � Renta|Leases 3,500 Insurance r�^ S3,000 Repair and Maintenance / 6,000 Advertising and Related Cost ./ 40,800 Other Current [hargeyand �b||8otimnu 7,500 Operating Supplies /'' 14,UO0 Subuc,|p1iwO,h8embeipu 8,565 ymachinaryand Equ'''''ent �,QO0 '^ /ntmrfundTrann6e,^ 17,500 BudgmtMeserv=50,000 TOTAL EXPEN REVENUES LESS � �URES PENDITURES 810,583 PEGI,AL REVENUE FUND 2015-2016 13udget REVENUES: CITY OF MIAMI - Tax Increment Funds MIAMI DADE COUNTY Tax Increment Funds FY 2015 FUND BALANCE (un-Audlted) Estimated 2 1 /t.6 9,828: 3 5, ;.331 ,t}26,791 TOTAL REVENUE " 27,50 EXPENDITURE PROFESSIONAL SERVICES 222,858 OTHER CONTRACTUAL SERVICES 24,829 INTERFUND TRANSFER (Administrate • 697,023 OTHER CURRENT CHARGES AND R LIGATION 5,422,145 INTERFUND TRANSFER (Debt - niece) 6,293,650 INTERFUND TRANSFER (t) 1,646,204 CONSTRUCTION 1N PR .RESS 7,932,23S OTHER GRANTS AN • AIDS 5,201,692 BUDGET RESER 68,000 OTAL EXPENDITURES 27,508,636 VENUES LESS EXPENDITURES SUBSTITUTED 8/19/2015