HomeMy WebLinkAboutPre-LegislationCity of Miami
Legislation
Resolution: R-15-0388
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-01063
Final Action Date: 9/10/2015
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ACCEPTING AND ADOPTING THE BUDGET OF THE MIDTOWN COMMUNITY
REDEVELOPMENT AGENCY ("CRA"), ATTACHED AND INCORPORATED AS
EXHIBIT "A", FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2015 AND
ENDING SEPTEMBER 30, 2016, AS APPROVED BY THE BOARD OF
COMMISSIONERS OF THE MIDTOWN CRA.
WHEREAS, an Interlocal Agreement by and among Miami -Dade County, the City of Miami
("City"), the Midtown Miami Community Development District ("CDD"), and the Midtown Community
Redevelopment Agency ("CRA") requires the CRA to submit an annual budget for City approval; and
WHEREAS, the Fiscal Year 2015-2016 budget of the CRA was approved by the Board of
Commissioners of the CRA on September 10, 2015; and
WHEREAS, the City Commission wishes to adopt said budget;
NOW, THEREFORE BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORI DA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted
by reference and incorporated as fully set forth in this Section.
Section 2. The budget of the CRA, attached and incorporated, as Exhibit "A", for the Fiscal
Year commencing October 1, 2015 and ending September 30, 2016, as approved by the Board of
Commissioners of the CRA, is accepted and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor. {1}
Footnotes:
{1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of Miami Page 1 of 1 File Id: 15-01063 (Version: 2) Printed On: 9/9/2016
$
THIS DOCUMENT IS A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE
SEEN AT THE END OF THIS DOCUMENT.
Gen ral Operating Mown CRA
2015.2016 Budget
-uusaa, *-s
7111114
imated
REVENUES: 203.5n:
Other Interfund Transfers 74 „S 3
Fund Reserve -carryover 50,000
Other Miscetaneous Revenues 20,000
TOTAL REVENUE 810,583,.
EXPENDITURE
Salaries 393,000
Fringe Benefits 18,000
FICA Taxes 27,866
Life and Health Insurance 48,700
Retirernent Contribution 20,750
Other Contractual Services 39,522
Travel and Pier Diem 30,000
Communication 3,000
Postage 500
Utility Service 19,380
Rental Leases 3,500
insurance 53,000
Repair and Maintenance 6,000
Advertising and Related Cost 40,000
Other Current Merges and Obligations 7,500
Operating Supplies 14,000
Subscription, Memberships 8,565
Machinery and Equipment 9,
Interfund Transfers 17,500
Budget Reserve 50,000
It
TOTAL 'ENDITURES 810,583
REVENUES LESS EXPENDITURES
Ic_nn 7'3
THIS DOCUMENT IS A SUBSTITUTION TO
ORIGINAL, BACKUP ORIGINAL CAN BE
SEEN AT THE END OF THIS DOCUMENT.
TOWN SPE?CIAL REVENUE FUND
2015-2016 Budget
: . ..,,,,,OSOM-USABW#AWO*M~.40,-,E,MW:-.4Mt:OWANntakV4,,,,R-fa*
Estimated
2015/16
REVENUE
CITY OF MIAMI - Tax Increment Funds 3,074,378
MIAMI DADE COUNTY -Tax Increment Revenue 1,781,502
TOTAL REVENUE 4,855,880
EXPENDITURE
PROFESSIONAL SERVICES 5,000
INTERFUND TRANSFER (AdminIstratl n) 43,559
INTERFUND TRANSFER (Grant)
OTHER CURRENT CHARGES AND 013 I AWN 4,807,321
OTHER GRANTS AND AIDS
TOTAL EXPENDITURES 4,855,880
REVENUES LESS EXPENDITURES (0)
8/18/2015
THIS DOCUMENT 15 A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE
SEEN AT THE END OF THIS DOCUMENT.
MIDTO N SPECIAL REVENUE FUND
20152016 Budget
SUMWM-wazWVAVIMAWVAM 'W,WfE:aa,--,s,Wa-sw,%-ze-;',-,n-4W,,,,,.,VPaANMNW'ftgaW:gGWFt',VgkaKt%VWOOWA.--,MSA-afgt:,Z,
REVENUE
CITY OF MIAMI - Tax Increment Funds
MIAMI DADE COUNTY - Tax Increment Revenue
TOTAL REVENUE
EXPENDITURE
PROFESSIONAL SERVICES
INTERFUND TRANSFER (Administration)
INTERFUND TRANSFER (Grant)
OTHER CURRENT CHARGES AND OBLIGATION
OTHER GRANTS AND AIDS
TOTAL EXPENDITURES
REVENUES LESS EXPENDITURES
Estimated
2015/16
3,074,378
1,781,502
4,855,880
5,000
43,559
4,807,321
4,855,880
(0)
8/18/2015
THIS DOCUMENT IS A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE
SEEN AT THE END OF THIS DOCUMENT.
MIDTOWN SPECIAL REVENUE FUND
2015-2016 Budget
Funding Source 2015/16
DESCRIPTION
Category
Authorizationudg
Amount
d
Remaining
Balance
Carryover Fund
BaIrnce
FY 2015/16 TIF
Revenue
PROFESSIONAL SERVICES - OTHER
1
FY 2014/15 External Audit -
Sanson Kline Jacomino & Company, LLP
Admin.
FY 2014/15
Budget
$5,000
5,000. 0
Interfund Transfer (Administration)
1
FY 2014/15 MIDTOWN TIF Contribution -
General Operating Fund
Admin.
FY 2014/15
Budget
43,559
43,559
„.
43,559
Other CurrentCharges and Obligations
2
FY 2014/15 Midtown CDD -
Debt Services
Infrast
Interlocal
Agreement
$4,359,937
$4,359,937
-
4,807,321
TOTAL BUDGET AMOUNT
$4,408,496
$4,403,496
$4,855,880
$4,855,880
A.O'H. I-1)(4 •i
pg 2 of 2 8/18/2015 2:29 PM
Gene I peratin idtown CRA
2015.2010• Budget
4_,a4juk4a0..k„
- wen-1N -ftgo- lurro'fignal151—
, A I AAVO A .141 u
— AITIMPOZ"
REVENUES:
Other Interfund Transfers
Fund Reserve -carryover
Other fyllscelaneous Revenues
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
Operating Supplies
Subscription, Member'
Machinary and Equi r.'
Interfund Transfe
Budget Resery
TOTAL EXPEND
REVENUES LE
ES
ENDITURES
gations
SUBSTITUTE
41,:,:ow..L: 4111074
graggfir
irnated
2015/16
740,563
50,000
393,000
18,000
27,866
48,700
20,750
39,522
30,000
3,000
500
19,380
3,500
53,000
6,000
40,000
7,500
14,000
8,565
9,800
17,500
50,000
SUBSTITUTED
MJDTOLN SPECIAL REVENU FUND
:1`33tOittet:
MilMiNAMO.n;TM,,,,t•WtWn=f3ARIMARI,MifiNiai*POWN-biWINKERMEINI=AWSWEIMMVARIVM-1=MANANIfi
REVENUE
CITY OF MIAMI - Tax Increment Funds
MIAMI DADE COUNTY - Tax Increment Revenue
TOTAL REVENUE
EXPENDITURE
PROFESSIONAL SERVICES
INTERFUND TRANSFER (Administration)
INTERFUND TRANSFER (Grant)
OTHER CURRENT CHARGES AND QE3J
OTHER GRANTS AND AIDS
TOTAL E
REVENUES
Estirn
20
3,074,378
1,781,502
4,855,880
5,000
43,559
4,807,321
440,t;VM
8/18/20