HomeMy WebLinkAboutExhibit AEXHIBIT "A"
Resolution R-16- 0384
Approving Trust's Original Annual Budget of $740,990
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City of Miami
Legislation
Resolution: R-16-0384
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-01181 Final Aelion Date: 9/6/2016
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE LIBERTY CITY
COMMUNITY REVITALIZATION TRUST, ATTACHED AND INCORPORATED, IN
THE AMOUNT OF 8740,990.00, FOR THE FISCAL YEAR COMMENCING
OCTOBER 1, 2016 AND ENDING SEPTEMBER 30, 2017.
WHEREAS, the City of Miami ("City") created and established the Liberty City Community
Revitalization Trust ("Trust") pursuant to Ordinance No. 12859, adopted October 12, 2006; and
WHEREAS, the Trust is responsible for the oversight and facilitation of the City's revitalization
and redevelopment activities in the Liberty City area; and
WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended, provides
that the Trust shall submit a budget to the City Commission for approval , in a form acceptable to the
City Manager; and
WHEREAS, the governing body of the Trust was scheduled to review and approve the Trust's
budget for Fiscal Year 2016-2017 on September 1, 2016; and
WHEREAS, the Trust requests the approval of the budget for the Fiscal Year commencing
October 1, 2016 and ending September 30, 2017, in the amount of $740,990.00;
NOW, THEREFORE. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted
by reference and incorporated as if fully set forth in this Section.
Section 2. The Trust's Fiscal Year 2016-2017 budget, in the amount of $740,990.00, attached
and incorporated, for the Fiscal Year commencing October 1, 2016 and ending September 30, 2017, is
approved and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor. {1}
City of .Miami Page 1 of 2
File Id. 16-0181 (Elision: 1) Printed On: 1/30 2017
1
File Number: 16-01181
Enactment .V umher: R-16-0381
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 2 of? File Id; 16-01181 (Version: 1) Primed On: 1/30/2017
Liberty City Community Revitalization Trust
City of Miami
Budget Template
FY 2012-13 Actual
FY 2013-14 Actual
• FY 2014-15 Actual
FY2015-16 Bud: et
FY 2015-16 Pro action
FY 2016-17 Pro •osed
Difference
Notes
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ig,
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General Fund
$ -
$ 199,000
5
199,000
5 199,000
$ 199 000
Neighborhood improvement Grant/Rollover
$ 139,906
$
144,655
$ 2,453
$
54,443
$ 51,990
$ (2,453.00)
Off -Street Parking
$ 11,500
$
21,895
$ 13,832
$
15,000
$ 15,000
$ 15.000
Other Income
$ 313
$
630
$ 400
_
Other income/Rental
$ 6,250
$
4,900
$ 700
$
8,400
$ 8,400
$ a400.00
Skyrise Rollover
$ 350,000
$
350,000
-
$ 350.000
Summer Youth Employment Program Rollover
$
150,000
$ 150,000
$ 35,000
$ (115,000.00)
No new revenue
MI.K Mural
$ 90,000
$ 90,000.00
Revenue Grand Total
5 157,969
$
172,080
$ 566,384
$
776,843
$ 372,400
$ 740,990
inE=1$0
E2tp$(1 F 4?IM?7.a a.7,..» .:..
.:.,.rrS
.'
..
"...
275,783
..
:l Tt' u:i4'•
r r ,itWe,. a1°,M
Regular Salary and Wages (512000)
$
119,054
$
130,325
$
163,463
$
$ 200,000
$
185,000 00
$ (90,783)
Difference re: summer program
Fringe Benefits
FICA Taxes(521000)
$
9,028
$
9,970
$
12,844
$
21,473
$ 16,000
$
17,000
$ (4,4731
Retirement Contributions
Life and Health Insurance
$
2,222
Workers' Compensation (525000)
$
1,565
$
1.583
$
1,914
$
9,000
$ 2,500
$
3,500
$ (5500)
Professional Services - Legal
Professional Services (531000)
$
11,750
$
13,065
$
15,200
$
15,000
$ 15,000
$
15,000
$ -
Accounting and Auditing (5320001
S
5,500
$ 5,500
$
6,500
$ 1,000
Other Contractual Services (534000)
$
7,690
$
8,023
$
7,261
$
14,000
$ 10,000
$
10,000
$ (4,000)
Travel and Per Diem (540000)
$
2,400
$
2,600
$
3,000
$
5;700
$ 7,550
$
3,000
$ (2,700)
Communications and Related Services
Postage (541100)
$
187
$
93
$
12
$
500
$ 250
$
350
$ (150)
Utility
Rentals and Leases (544000)
$
1,327
$
1,222
$
1,242
$
13,800
$ 1,000
$
1,500
$ (12,300)
Repair and Maintenance Services
$
225
Printing and Binding(547000)
$
80
$
160
$ 398
$
1,000
$ 1,000
Advertising and Related Costs (548100)
$
160
$
454
$
889
$
1,250
$ 767
$
1,000
$ (2501
Other Current Charges and Obli (549000)
$
10,000
$ 1,000
'
Office Supplies(551000)
$
1,660
$
Z303
$
3,446
$
16,587
$ 8,000
$
4,000
5 (12,5871
insurance - General liability (5450131
$
3500
Operating Su polies (552000)
$
3,148
S
1.6318_
5
4,555
5
3,200
5 5,948
5
4.000
5 800
Motor Fuel
Public Safety Supplies
Subscriptions, Memberships, and Licenses
(554000)
$
175
$
200
$ 250
'
$
300
$ 100
Interfund Transfer
Capital Projects and Purchases
$
90,000.00
$ 90,000
All Other Expenditures
$
350,000.00
$ 350,000
Budget Reserve
384,850
$
45,340
$ (339,510)
Expenditure Grand Total
$
157,969
$
171580.44
$
216,384
$
776,843
I $ 274,163
$
740,990
$ (29353)
$0
Revenues Minus Expenditures
I$
-Is
49956 I $
350,000 I $
-
98,237.49 S
Printed: 8/10/2016159 PM
-$6,500 $0
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