HomeMy WebLinkAboutSubmittal-Alyce Roberton-DDA Budget Template FY 2019-20Downtown Development Authority of the City of Miami
Budget Template FY 2019-20 Proposed Budget
Submitted into the public
record for item(s) J-{ • `�
on 'I 1Z 1, City Clerk
FY 2015-16 Actual
FY 2016-17 Actual
FY 2017-18 Actual
FY 2018-19 Budget
FY 2018-19 Projection
FY 2019-20 Proposed
Difference
Notes
Number of Full -Time Positions
25
27
28
28
28
29
+1
Vacant Position - Business Development Senior
Manager
Are any positions funded in other budgets?
No
No
No
No
No
No
If so, how moth is In this budget?
N/A
N/A
N/A
N/A
N/A
N/A
If so, how much is in the other budget?
N/A
N/A
N/A
N/A
N/A
NIA
Revenues
t
Ad Valorem Taxes
$5,612,767
$7,274,524
$8,223,153
$9,120,000
$9,120,000
$9,920,000
+$800,000
Based on approved millage
Grant monies
$156,400
$7$,000
$58,398
$100.000
$100,000
S365,000
+$265,000
CRA-Extra team members ers )from 6 (+1 supervisor) to 18
(+2 supervisors) plus part time changed to full time,
vehicle, equipment, ete.j
Other
$74,287
S176,980
599,641
$0
$0
$0
$0
Revenue Grand Total
$6,843,454.
$7,526,504
$8,3-81.194
$9,220,000
59,220,000
_
$10,285,000
51,o€s,000
Carryover Funds from Prior Years
$0
$0
$0
$0
$0
$2,413,087
Total Revenues and Balances
$6,843,454
$7,526,504
$8,381,294
$9,220,000
$9.220,000
$12,898,087
Fependltures
Regular Salary and Wages
$1,895,238
$2,032,346
$2,214,558
S2,344,016
$2,372,280
$2,528,902
+$184,886
Cost of !lying increase
Fringe Benefits
$2,000
$2,000
$2,000
$2,000
$2,000
52.000
S0
FICA Taxes
$137,795.
$151,212
5161,675
5179,327
$179,317
5188,283
+$8,966
Directly corresponds to salaries
Retirement Contributions
$125,588
_ 5139,5'47
$147,727
5164,082
$164,081
$172,285
+$8,204
Directly corresponds to salaries
Life and Health Insurance _
$294,174
5274,650
$305,875
$503,261
$503,261
$543,682
+$40,421
Estimated increase on insurance cost FY1920
Workers' Compensation
$10,311
$9,677
$13,007
$18,000
$11,989
518,040
$0
Professional Services - Legal
$34,796
$30,000
$32,500
530,009
$30,000
$30,000
SO
Professional Services
5140,867
$160,161
$148,403
$170,000
$120000
$120,000
-$50,000
Inter -Governmental Advocacy Contract
Accounting and Auditing
S22,000
$22,000
S16,000
525,500
$22,000
525,500
$0
Other Contractual Services
5107,310
$75,106
$75,272
$132,000
$149,742
$145,000
+$13,000
Reclass of IT Consultant Contract
Travel and Per Diem
529,495
$54,500
$56,267
$55,000
$55,000
$55,000
50
Communications end Related Services
5277,286
5152,941
$212,480
$197,200
$216,000
$228,000
+$30,800
Increase contract rate and costs
Postage
52,513
$4,176
$2,777
$3,000
$3.000
53,000
$0
LltihtO
$0
$0
$0
$0
$0
$0
50
Rentals and Leases
S232,056
$238,674
$261,441
$293,600
$293,600
S300,500
+$6,900
Lease renewal
Repair and Maintenance Services
53,675
$5,944
$2,178
$5,000
$5,000
$5,000
$0
Printing and Binding
$17,378
$15,835
522,667
$20,000
520,000
$20,000
50
Advertising and Related Costs
$154,093
$143,434
$219,172
$177,000
$187,206
$302,000
+5125,000
1-395 Construction and Super Bowl Marketing
Campaign,
Office Supplies
S11.704
$13,425
S15,168
$12,000
$12,576
$15,000
+$3,000
Increase of costs
OperatinRSupplies
$0
$0
50
50
50
$o
$o
Motor Fuel
$0
$0
$0
SO
$0
$0
$0
Public Safety Supplies
$0
50
$0
$0
50
$0
$0
Subscriptions, Memberships, and Licenses
$15,693
$13,931.
$17,950
515,000
$15,000
$25,000
+$10,000
New ER/Accounting/Procurement System
interfund Transfer
$0
So
$0
50
$0
$0
$0
Capital Projects and Purchases
$1,341,900
$668,261
$873,485
$1,770,000
51,444,202
$1,485,000
-5285,000
Signage/Wayfinding Expense paid
All Other Expenditures
52,381,021
$2,659,06B
$2,712,635
$3,953,500
$3,537,655
$5,189,200
*$1,235,600
Super bowl, Tetli hrilialivu, Corporate Buxinxss
Recruitment, Ambassadors Program, 0E7 Program,
NEAT Team, Dog Park, Resiliency Projects, DE7 Truck,
Traffic Mitation Plan, etc.
Budget Reserve
$0
$0
$0
SO
SO
$0
50
Expenditure Grand Total
57,236,893
56,916,888
57,503,237
510,069,575
$9,344,320
511,401,352
$1,331,777
Funds Balances/Reserves
$0
$0
$0
$0
$0
$1,296,735
Total Uses
$0
$0
50
$0
$0
$12,698,087
$0
Printed: 9/12/2019 3.:52 PM
Pagel of2
3 l C a SLA3m-t # N1 - AV -Ace_. rbob2RA- Sin - (N>A- ibu/442; 20 I a -2J
Downtown Development Authority of the City of Miami
Budget Template FY 2019-20 Proposed Budget
Submitted into the public l+_
record f r iteim(s) j . T
On j e l 14i City Clerk
FY 2015-16 Actuat
FY 201G-17 Actual
FY 2017-18 Actual
FY 2018-19 Budget
FY 2018-19 Projection
FY 2019.20 Proposed
DifferencelNotes
Number of Full -Time Positions
25
27
28
28
28
29
+1
Vacant Position - Business Development Sensor
Manager
Are any positions funded in other budgets?
No
No
No
No
No
No
If so, how much Is in this budget?
N/A
N/A
N/A
NIA
N/A
N/A
If so, how much is in the other budget?
N/A
N/A
N/A
N/A
N/A
NiA
[Revenues Minus Expenditures
-5393,434
$609,616
$877,957
-$849,575
-$124,320
$0
Printed: 9/12/20193:52 PM
-$266,777
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