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RESOLUTION NUMBER 93-03 FOR ADOPTING AND OPERATING A BUDGET FOR YEASR 1993-1994 WITH ATTACHED EXHIBIT A ,~ -#",' . I . I RESOLUTION NO. 93-3 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLEARWATER, FLORIDA, ADOPTING AN OPERATING BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1993, AND ENDING SEPTEMBER 30, 1994; PROVIDING AN EFFECTIVE DATE. WHEREAS, the Commun ity Redeve 1 opment Agency ("CRA" ) has submitted an estimate of the expenditures necessary to carryon the CRA programs for the fiscal year beginning October 1, 1993, and ending September 30, 1994; and WHEREAS, an estimate of the revenues to be received by the CRA during said period from tax increment revenues and other sources has been submitted; and WHEREAS, a general summary of the operating budget and notice of the times and places where copies of the budget message and operating budget are available for inspection by the public, and such summary was advertised prior to the public hearing; and WHEREAS, the CRA has examined and carefully considered the proposed budget; now, therefore, BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The budget for the fiscal year beginning October 1, 1993, and ending September 30, 1994, a copy of which is attached hereto as Exhibit A, is hereby adopted. Section 2. This resolution shall take effect October 1, 1993. PASSED AND ADOPTED this 16th day of September 1993. Attest: (l1~~Z.~ ~~ E~ Goudeau, Secretary Arthur X. Deegan, C airperson 2/-- e,eA 93 -3 (/4-) . . t . I ~ CLEARWATER COMMUNITY REDEVEWPMENT AGENCY PROPOSED OPERATING BUDGET FISCAL YEAR 1993/94 Revenues: Tax Increment Revenues: Pinellas County City of Clearwater Downtown Development Board Other Revenues Interest Earnings on Investments Interest Earnings on Debt Service Rental Income - Garden Ave. Garage Rental Income - Station Square Parking Other Income Total Revenues Expenditures: Economic Environment: Administrative Miscellaneous Saturday Downtown Parking Advertising Transfers (In)/Out: Redevelopment Projects Debt Service Requirements General Fund - Administrative expenses General Fund - Jolley trolley Parking Fund - Garden Ave. Garage Total Expenditures and Transfers Out EXHIBIT A $ 227,978 213,964 6,608 5,000 10,000 15,750 8,000 300 $ 487,600 125,599 3,000 15,000 10,000 171,013 88,388 3,600 50,000 21. 000 $ 487,600 eK-11 93-3