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Home My WebLink AboutExhibit ACity of Miami Legislation Resolution: R-19-0362 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 6328 Final Action Date: 9/12/2019 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 COMPOSITE EXHIBIT A, IN THE AMOUNT OF $785,525.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2019, AND ENDING SEPTEMBER 30, 2020. 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, as subsequently amended; and WHEREAS, the Trust is responsible for the oversight and facilitation of the City's revitalization and redevelopment activities in the Liberty City area as well as the District 5 neighborhoods owner -occupied affordable housing improvements grant program for low income homeowners; 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 reviewed and approved the Trust's budget for Fiscal Year 2019-2020 on August 28, 2019 as set forth in its Resolution, attached and incorporated as part of Composite Exhibit "A" ("Fiscal Year 2019-2020 Trust Budget"); and WHEREAS, the Fiscal Year 2019-2020 Trust Budget reflects additional funding to expand the Trust's community outreach boundaries as codified by Ordinance No. 13859 adopted on September 12, 2019 in order to set up a new specific community affordable housing grant program; and WHEREAS, the Trust requests the approval of the Fiscal Year 2019-2020 Trust Budget commencing October 1, 2019 and ending September 30, 2020 in the total amount of $785,525.00, attached and incorporated as Composite Exhibit "A"; 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 incorporated as if fully set forth in this Section. Section 2. The Fiscal Year 2019-2020 Trust Budget in the amount of $785,525.00, attached and incorporated as Composite Exhibit "A," commencing October 1, 2019 and ending September 30, 2020 is approved and adopted. City of Miami Page 1 of 2 File ID: 6328 (Revision: A) Printed On: 7/2/2020 File ID: 6328 Enactment Number: R-19-0362 Section 3. This Resolution shall be effective immediately upon its adoption and signature of the Mayor. APPROVED AS TO FORM AND CORRECTNESS: ndeezCity 'ttor ey 7/1/2020 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 2 File ID: 6328 (Revision: A) Printed on: 7/2/2020 COMPOSITE EXHIBIT A 1. Liberty City Community Revitalization Trust Board of Trustees Resolution No. 19- 005, adopted August 28, 2019 authorizing the Trust's Fiscal Year 2019-2020 Budget; and 2. Trust Budget Information for Fiscal Year 2019-2020, and 3. Budget Template for Fiscal Year 2019-2020 for the Trust RESOLUTION NO. 19-005 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST ("LIBERTY CITY TRUST") APPROVING THE ANNUAL BUDGET OF THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST ("TRUST"), ATTACHED AND INCORPORATED HEREIN AS EXHIBIT "A", IN THE AMOUNT OF SEVEN HUNDRED EIGHTY FIVE THOUSAND FIVE HUNDRED TWENTY FIVE DOLLARS ($785,525.00) FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020; AND AUTHORIZING AN AMOUNT NOT TO EXCEED TEN (10%) PERCENT OF THE HOUSING IMPROVEMENT GRANT PROGRAM DOLLARS FOR ADMINISTRATIVE USE CONTINGENT UPON ALL LEGAL REQUIREMENTS NECESSARY. I?AVIE MI ON, CHAIR Approved by the Board of Directors of the Liberty City Community Revitalization Trust at its meeting of August 28, 2019. ELAINE H. BLACK PRESIDENT/CEO STATE OF FLORIDA COUNTY OF MIAMI-DADE Subscribed and sworn to before me by ELAINE H. BLACK, President/Chief Executive Officer, as the official recordkeeper for the Liberty City Trust, who is personally known to me or who ,produced as identification, on the 0 day of /74 a , 2019 My Commission expi N`ota Public, State of Florida .ussp Aoloa rs3Ir•, 41'!1wyl aapuog . EZOZ ' . 51V sailCx5 'aa * AW : Do E.dt9E OO x Jolsstwwo0 epuold )o a3e1S - allgnd J(Je1oN do?, NOSOf1N SIN1 4 "`� Exhibit A Libertly City Trust Budget FY20 Regular Salary and Wages (512000) FICA Taxes (521000) Unemployment (525000) Professional Services (531000) Accounting and Auditing (532000) Other Contractual Services (534000) Travel and Per Diem (540000) Postage (541100) Rentals and Leases (544000) Insurance - General Liability (545013) Printing and Binding (547000) Advertising and Related Costs (548100) Other Current Charges and Obligation (549000) Office Supplies (551000) Subscriptions, Memberships, and Licenses (554000) Budget Reserve (896000) Budget $ 220,000 $ 17,000 $ 3,500 $ 15,000 $ 8,000 $ 3,500 $ 3,000 $ 250 $ 1,500 $ 3,200 $ 500 $ 500 $ 6,725 $ 2,550 $ 300 $ 500,000 $ 785,525 EXHIBIT "A" Liberty City Community Revitalization Trust Budget Template FY 2019-20 Proposed Budget 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 Are any positions funded in other budgets? 3 +3 No Revenues General Fund $ 199,000 $ 199,000 $ 199,000 $ 199,000 $ 199,000 $ 199,000 $0 Fund Balance Carryover $ - $ 60,363 $ 54,004 $ - $ 70,886 $ - $0 Neighborhood Improvement Grant R/0 $ - $ - $ - $ - $ - $ - $0 Off Street Parking $ 15,000 $ 19,575 $ 15,000 $ 15,000 $ 15,000 $ 15,000 $0 Orange Bowl Committee Donation $ - $ _ - $ _ 15,000 $ - $ - $ - $0 Other Income/Rental $ 3,976 $ - $ - $ - $ - $ - $0 Skyrise Rollover $ - $ 347,787 $ 185,682 $ - $ 9,517 $ - 50 • Anti -Poverty Contribution (SYEP 2016) $ 150,000 $ - $ - $ - $ - $ - $0 Anti -Poverty Contribution (SYEP 2017) $ - $ 250,000 $ - $ - $ - $ - $0 Anti -Poverty Contribution (SYEP 2018) $ - $ - $ 400,000 $ - $ - $ - $0 Anti -Poverty Contribution (SYEP 2019) $ - $ - $ - $ - $ 200,000 $ - $0 Anti -Poverty Contribution SYEP R/O $ - $ 1,044 $ 1,637 $ 218,121 $ 146,596 $ 71,525 -$146,596 Orange Bowl Committee Donation R/O $ - $ - $ - $ - $ 6,600 $ - $0 Wynwood Funding $ - $ - $ - $ - $ 500,000 $ - 50 Wynwood Funding Rollover $ - $ - $ - $ _ $ _ $ 500,000 +$500,000 MLK Mural Rollover $ - $ 90,000 $ 90,000 $ - $ - $ - $0 Revenue Grand Total $ 367,976 $ 967,769 $ 960,323 $ 432,121 $ 1,147,599 $785,525 $353,404 Expenditures Regular Salary and Wages $ 282,593 $ 372,583 $ 369,370 $ 362,514 $ 400,000 $ 220,000 -$142,514 Fringe Benefits - $ 600 $ 2,699 $ - $ - $ - $0 FICA Taxes $ 21,242 $ 28,330 $ 27,963 $ 27,732 $ 31,000 $ 17,000 _-510,732 Retirement Contributions - $ - $ - $ - $ - $ - $0 Life and Health Insurance - $ - $ - $ - $ - $ - $0 Workers' Compensation $ 818 $ 8,051 $ 2,569 $ 2,000 $ 3,500 $ 3,500 +$1,500 Professional Services - Legal - $ - $ - $ - $ - $ - $0 Professional Services $ 16,250 $ 43,478 $ 16,274 $ 15,000 $ 15,000 $ 15,000 $0 Accounting and Auditing $ 5,500 $ 7,000 $ 7,000 $ 7,500 $ 7,500 $ 8,000 +$500 Other Contractual Services $ 8,548 $ 154,453 $ 273,294 5 3,000 $ 95,276 $ 4,000 +$1,000 Travel and Per Diem _ $ 8,007 $ 5,305 $ 1,791 $ _ 3,000 $ 3,000 $ 3,000 $0 Communications and Related Services - $ - $ - $ - $ - $ - $0 Postage - $ - $ 37 $ 350 $ 10 5 250 -5100 Utility - $ - $ - $ - $ - $ - $0 Rentals and Leases $ 1,157 $ 1,233 $ 1,147 $ 1,200 $ - $ 1,500 +$300 Repair and Maintenance Services $ - $ - $ - $ - $ - $ - 50 Printing and Binding $ 678 $ 160 $ 100 $ 500 $ 100 $ 500 $0 Advertising and Related Costs $ 767 $ 850 $ 448 $ 1,000 $ - $ - -$1,000 Other Current Charges and Obli $ 482 $ 836 $ 808 $ - $ 7,000 $ 6,725 +$6,725 Office Supplies $ 5,387 $ 4,317 $ 2,532 $ 1,500 $ 400 $ 2,550 +51,050 Insurance -General Liability $ 1,313 $ 3,129 $ 3,132 $ 3,600 $ 3,187 $ - -$3,600 Operating Supplies $ 7 781 $ 2,662 $ 8,324 $ 3,025 $ 6,923 $ - -$3,025 Clothing Uniform $ - $ 3,359 $ 9,060 $ - $ 3,178 $ 3,200 +$3,200 Motor Fuel $ - $ - $ - $ - $ - $ - $0 Public Safety Supplies $ - $ - $ - $ - $ - $ - 50 Subscriptions, Memberships, and Licenses $ 250 $ 100 $ 175 $ 200 $ - $ 300 +$100 Interfund Transfer $ - $ - $ - $ - $ - $ - $0 Capital Projects and Purchases $ - $ - $ - $ - $ - $ - $0 All Other Expenditures $ - $ - $ - $ - $ - $ - $0 Budget Reserve $ - $ - $ - $ - $ 571,525 $ 500,000 +$500,000 Expenditure Grand Total $ 360,773 $ 636,446 $ 726,724 $ 432,121 $ 1,147,599 5785,525 5353,404 Revenues Minus Expenditures 7,203 331,323 233,599 $0 $0