HomeMy WebLinkAboutExhibit SUB®VI
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BUDGET SUMMARY
The Downtown Development Authority of the City of Miami, Florida
Fiscal Year 2015-2016
THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE DOWNTOWN DEVELOPMENT AUTHORITY
OF THE CITY OF MIAMI ARE 2.71% MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES
Revenue Sources
Ad Valorem Tax Levy
Other Revenue
Total Sources
0.4681 Millage per $1000
Fund Balances/Reserves
Downtown Development Regional Impact (DRI) Funds
Total Revenues and Balances
TOTAL ALL
GENERAL FUND DRI FUNDS
7,082,726 7,082,726
250,000 250,000
7,332,726 7,332,726
1,559,030
8,891,756
315,000
1,559,030
315,000
315,000 9,206,756
Operating Expenditures
Leadership, Advocacy & Operations 1,202,806 1,202,806
Capital Improvements, Urban Design, Transp. & Services 2,713,376 2,713,376
Signage & Wayfinding Program 500,000 500,000
Tri-Rail Downtown Link 650,000 650,000
Economic Development, Research, Marketing & Technology 2,785,174 2,785,174
Strategic Partnerships & Sponsorships 1,040,400 1,040,400
Total Operating Expenditures 8,891,756 8,891,756
Fund Balances/Reserves
Downtown Development Regional Impact (DRI)
315,000 315,000
Total Expenditures, Reserves and Balances 8,891,756 315,000 9,206,756
BUDGET SUMMARY
The Downtown DevelOpMent Authority of the• City of Miarni, Florida
Fiscal Year 2015-16
N..<
THE PROPOSED OPERATING 'g.LIDGET EXPENDITURES OF THE DOWNTOWN DEVELOPMENT AUTHORITY
OF THE CITY OF MIAMI ARE 3* ,MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES
TOTAL ALL
GENERAL FUND DRI FUNDS
Revenue Sources
Ad Valotern Tax Levy 0_475 !Village per $1000 7,187,129 7,187,129
Other Revenue 250,000 250,000
Total Sources 7;43,7,129 7,437,129
.,,
Fund Balances/Reserves 1,559,030N 1,559;030
Downtown OevelopMent Regional Impact (DRI) Funds ' --N 315,000 315,000
Total Revenues and Balances 8N,996,159 315,000 9,311,159
Operating Expenditures
.-.
Leadership, Advocacy & Operations 1,202,806
1,202,806
N
Capital improverrients, Urban Design, Transp. & Services 2,817,779 N 2,817,779
Signage & Wayfinding Program 500,000 N. 500,000
Tri-Rail Downtown Link 650,000 N•€.0,000
Economic Development, Research, Marketing &Technology 2,785,174 2,78N5014
Strategic Partnerships & Sponsorships 1,040).400 1,040,400%
TOta I Operating Expenditures 8,996,159 ... 8,996,159
Fund Balances/Reserves
Downtown Development Regional Impact (DRI)
Total Expendituresi Reserves and Balances 8,996,159
31:5,000 315,000
315,000 9,311,159