Loading...
09-15-1997 . ' , , , ," ". , ',' ' , . .' , ' , " . , l' '.' ' , " "' . . . . . ". . . " . . . -. . . Agenda/C 9-15-97 . :t .:' ~ . . . ' '. " ~ ,": '.' ,.' i ' , ~.co _, '> . ., \ ",-, .., ,. '",. " ' ,..' - :~.' . . ';".;.:~ . /390 , ,; ~'.'" i' ~h<..';,..~",,~.~ "." ~ .. ", ~ c... ~,.r~' ..., ,;: '.' . . ," ' ,.,-:,,", .."..: ,"'#1# t.'~x.~Lo' rJf?';, ~\t~ ~......."",,~;..._ ....t-..., ~", "" r J- ~~" I -~""'-'" "~..t:~.,;\, I~~rrn~ ~ ~ ~C":):. ." .... ~" -_.. ,.....;" .~. ~" .'~~'::.'. ~~.. ...~ . ,.... -Y...c'\".... .' ~ ," ...~If;r"....\~~\\ .....,...../1 TE~\' .,. ,,,,,,,- CITY OF CLEARWATER POST OFFICE Box 4748, ClEo\RWATER, FLORJDA 33758-4748 CllY HALL, 112 SOlm-f OSCEOlA AVENUE, CLEARWATER, FLORIDA 33756 TELEPHONE (813) 562-4040 FAX (813) 562-4052 COMMUNITY REDEVELOPMENT AGENCY AGENDA COMMUNITY REDEVELOPMENT AG.ENCY Monday, September 15, 1997 9:00 a.m.(following scheduled Attorney/Client Session) Commission Chambers 1. Call to Order 2. Approval of Minutes - July 14, 1997 3. New Business a. Amended Budget for Fiscal Year 1996-1997 b. Budget for Fiscal Year 1997-1998 4. Assistant City Manager Verbal Reports 5. Other Business 6. Adjournment ')~' ~ . } \ ,) "EQUAl. EMPI.OYMENT AND AFrrRMATIVE ACTION EMPI.OYER" I: . IX . . " Community Redevelopment Agency Agenda Cover Memorandum Item #: 36.- 9-/5-97 Meeting Dale: SUBJECT: Amended Budget for Fiscal Year 1996-97 RECOMMEN DATION/MOTION: Approve the attached amended budget for fiscal year 1996-97 and authorize the appropriation of the entire balance remaining in the eRA Trust Fund as of September 30, 1997 for redevelopment projects that have been previously approved and those which will be identified in the redevelopment plan. 1&1 and that the appropriate officials be authorized to execute same. BACKGROUND: · As in previous years, we are presenting an amended fiscal year 1996-97 budget for your consideration and approval. · The revenue budget has been amended to reflect changes in amounts already received or amounts expected to be received. · The expenditure budget has been amended to reflect the changes in operational costs primarily due to the selling of the Park Street Garage and retiring the debt service. · We also recommend that the board authorize the appropriation of the entire balance remaining in the eRA Trust Fund as of September 30, 1997 for redevelopment projects that have been previously approved and those which will be identified in the redevelopment plan. Revjewed by: legal tJl A Budget tJlA Purchasing N/A Risk Mgmt. N/A Originating Department: City Manager's Office Costs: N/A Total Commission Action: o Approved o Approved w/Conditions o Denied o Continued to: IS N/A ACM ~ Other ~.1 User Department: Community Rede\lelopment ~ Agency N/A Current Fiscal Year Submitted by; Advertised: Date: Ilaper: o Not Required Affected Parties: o Notified o Not Required Funding Source: o Capilallmprovement: o Operating: o Other: Attachments: Amended Budget Appropriation Code o None City Manager o Printed on recycled paper 'v /), . ./ \ I ( \ '\, I j '/ \ I : ". " ' , , .. . . '. ~ I' \ ' . ,. " Community Redevelopment Agency fiscal V..r 1996.1997 Actual and Third Quarter Propos FY 96/97 Fiscal Ve.r 1997.1998 Proposed Budget Proposed Actual to Mid Vear Actual Third Quarter Amended Proposed Original Amended Through Amended Budget FY90 Budget Budoet 8/18/97 Bud et Variance + (-) Bud et Operating Revenues Tax Increment Revenues 338930 Pinellas County 129.800 123.820 123.81885 123.820 (115) 121.400 381115 Oty of Oearwater 115.390 125.970 125.97358 125.970 3.58 112,090 3817f.2 Downtown Development Board 23,540 22,470 22.47166 22,470 1.66 22.040 Other Revenues 361101 Interest Earnmgs 60,000 60,000 47.50108 60,000 (12.498.92) 8,000 362101 Rental Income . Garden Ave. Garage 15,750 15.750 13,125.30 15.750 (2,624.70) 15,750 364220 Sale of Land 450.00000 450,000 369088 CRA - MainVPromotlon 400 375 00 400 (25.00) 400 369309 other Refunds 1,58701 1.580 7.01 369901 other Misc. Revenue 400 300 292.99 300 (7.01) 300 Transfers In 381715 Pro Yr. W:>rkmQ Capital. Redevel. Proj. 156,911 141,851 898,525.47 898.525 0.47 381735 Rental Income . Station Square Pkg 6,000 6.000 5,011.97 6,000 (988.03) 6,000 381782 Downtown Development Bel - Atrium 7,160 7,160 7.166.94 7,160 6.94 7,000 Total Revenues 514.95'1 503,721 1.695,849.85 1,711,975 (16,125.15) 292,980 Operating F.:Xpendltures Personnel Expenses OU.er Operating Expanses 530100 Professional Services 51,000 51,000 14.435.99 22.000 7,51.34.01 530300 other Contractual Services 5.000 1.700 530700 Title Reports 2,500.00 2,500 542500 Postage 300 300 73.00 100 2700 100 543000 Document Recording 21.00 30 9.00 543100 Advertising 10,000 6,103 10,000 543200 other Promotional Activities 750 750 747.96 3.500 2,75204 10,000 543400 Pnntlng and Binding 1.750 1.750 544100 EqUipment Rental 1,000 1,000 944.37 1,200 25563 1,500 544200 Buildang Rental 5.400 900 900.00 900 546200 Equipment Service & Repair 200 200 547200 Employee Expense - Travel 5,000 5,000 888.60 2.000 1.111.40 6,000 547300 Employee Expense. Auto Allowance 650 200 547400 Employee Expense. Meals 100 100 10.00 100 9000 100 548000 Other Services and Ctlarges 200 200 550100 Office Supplies 800 800 215.35 500 28465 500 550400 Operating Supplies 2,350 2,350 1,127.49 1.500 372 51 1,500 550800 Construction Materials 557100 Membership & SUbscriptions 2,500 4,500 4.72482 5.500 175.18 5,500 557300 Training and Reference 2,000 2,000 1,74600 2.000 254.00 4,000 581000 Payments to Other Agencies. Dee 23.540 22.470 22,471.66 22.470 (1.66) 22,040 Total Operating 107.540 104,423 50,806.24 64.30000 13.49376 63.140 Internal Service 540200 Document Reproduction 3.000 3.000 121.86 200 7814 200 540300 Telephone Serv.ceNanable 2.650 2,650 1.061.39 1,100 38.61 540400 Messenger Service 1,230 540600 Telephone ServicelRxed 1,840 1.840 1,59000 1.910 320.00 2,000 540700 Postal Service 1,600 540900 Insurance Administration 600 541000 Information Services 4,170 4,170 541300 Print Shop 1.200 1.200 732.96 1,750 1.01704 2.000 541400 Purchasing Service 300 541500 Garage. Variable 100 142.80 200 57.20 200 541600 Bldg & Maint. Variable 600 542000 Employee Relations 130 542100 Utilities. Telephone 500 542200 Utilities . Electric 2,000 50 45.50 50 4.50 542300 Gas, Water & Utilities 1,000 Totallntemal Service 21,020 13,010 3.694.51 5,210 1,515.49 4.400 Caplbl 564200 Furniture & Office EqUipment 1,000 565800 C"..onstruction Matenals 500 Tc:tal Capital 1,500 Transfers 590200 General Fund - Administrative 71. 000 78,397 71,980.34 78,397 6.41666 119,630 590200 General Fund. Jolly Trolley 50,000 50,000 45,833.36 50,000 4,16664 50,000 590600 Parking Fund . O1eckers 4,850 4,850 4.445.10 4,850 404.90 11,150 590600 Parking Fund. Saturday Downtown 15,000 15.000 13.75000 15,000 1.250.00 15,000 590600 Parking Fund. Harborview Parking 6.360 6,360 5,830.00 6,360 530.00 6,360 592400 Parking Fund - Garden Garage 21,000 21,000 19,250.00 21,000 1,750,00 21,000 592400 Miscellaneous Redevelopment Projects 116,262 116,262.00 2,300 Beautification 8,000 8,000.00 592700 Debt Service. 20% of Tax Increment 53,746 53.7 46 53.746.00 53,746 592700 Debt Service. Additional 156,935 156.935 1.288,848.41 1.288,850 1.59 384,891 386.288 1,503,683.21 1,642.465 138.781.79 225,440 Total Expenses 514,951 503,721 1.558,183.96 1,711,975 153,791 292,980 Excess of Revenues &. Other FInancing S~rces Over expenditures and Transfers Out .. 137,665.89 137,665.89 J - - (8 Item #: 36 9-/5-97 Community Redevelopment Agency Agenda Cover Memorandum Meeting Date: SUBJECT: Budget for Fiscal Year 1997-98 RECOMMENDA liON/MOTION: Adopt the attached original budget for fiscal year 1997-98. 1m and that the appropriate officials be authorized to execute same. BACKGROUND: . The attached original budget for fiscal year 1997-98 is presented for your consideration and approval. I) The revenue budget is based upon estimates received on taxable val ues and assumes the payment of tax increment from the Downtown Development Board. In addition, the interest earnings and rental income from Garden Avenue Garage and Station Square parking are other revenue sources. . The fiscal 1997-98 operating revenues has a substantial reduction in interest earnings due to the retiring of the bond debt. . The expenditure budget includes $119,630 transferred to the City of Clearwater to provide staffing for the eRA office. .. The operating expenses has $20,000 committed to advertising and other promotional activities which include banners, advertising and promotions for downtown events. It The Checkers Parking fund is increased by $6,300 to provide parking spaces at Station Square Park for the retailers. . A transfer of $2,300 is to the CIP fund for Miscellaneous Redevelopment Projects. Reviewed by: Legal Budget Purchasing Risk Mgmt. Originating Department: City ~er's Omce User Department: Community Redevelopment Agency Costs: N/A Commission Action: o Approved T alai 0 Approved w/Conditions N/A 0 Denied Current Fiscal Year 0 Continued to: IS ACM Other Attachments: Amended Budget Funding Source: o Capital Improvt'ment: o Operating: o Other: City Manager Advertised: Date: Paper: o Not Required Affected Parties: o Notified o Not Required o None Submitted by: Appropriation Code o Printed on recycled paper . I ConwnunIty ftddevelopmull AGency 1 PIsa. Year tttf.10t7 Actua, and ThIrd Quarter I'ropoe P'Y ttW7 Pbcal Vear 1m-1_ "ropoHd Budg.t Proposed Actual to MId Ve.r Actual ThIrd QUllrter Amended Proposed ! Original Amlnded Through Amended Budget flY 8' i Budget Budget 8/111I87 Budget V.riance + f') Budott OperatIna Rrnnuu Tax InenImInt """.nun 338930 Plnellas County 129.800 123,820 123.818.85 123,820 (1.15) 121,400 381115 Cty of Oearwater 115.390 125,970 125.97358 125,970 3.58 112,090 381782 OcMntown Development Board 23.~ 22,470 22,471.66 22.470 166 22,040 Other Rhenun 381101 IrUrest Earnings 60.000 60,000 47.501.08 60,000 (12,498.92) 6,000 382101 Rental Income . Garden Av~. Garage 15.750 15,750 13.125.30 15,750 (2,624.70) 15,750 364220 Sale of Land 450,000.00 450,000 . 369068 ~ . Maln1/Promotion 400 375.00 400 (25.00) 400 369309 Olher Refunds 1.587.01 1,580 7.01 369901 Other MIlO. Revenue 400 300 292.99 300 (7.01) 300 Transfers In 381715 Pr. Yr. '^<<king Capital . Redevel. Proj. 156.911 141,851 898,525.47 898.525 0.47 381735 Rentallncorne. Station Square Pkg 6,000 6,000 5,011.97 6,000 (988.03) 6,000 381782 Downtown Development Bel. Atrium 7,160 7,160 7,166.94 7,160 6.94 7.000 t'ataJ Revenues 514,951 503,721 1,6~,849.85 1,711,97G (16,125.15) 2n,880 ~...una Expendttures Personnel Expanses other OperaUng Expenses 530100 Professional Services 51,000 51,000 14,435.99 22.000 7,564.01 530300 other Contractual Services 5,000 1.700 530700 Title Reporb 2,500.00 2,500 . !50425OO Pocta{)t! 300 300 7300 100 27.00 100 SC3000 Cocument Recording 21.00 30 9.00 543100 Advertising 10,000 6,103 10.000 543200 Other Promotional Activities 750 750 747.96 3,500 2,752.04 10.000 543COO PrintIng and Binding 1,750 1,750 - 544100 Equipment Rental 1,000 1,000 944.37 1,200 255.63 1.500 544200 9uiding Rental 5,400 900 900.00 900 . 546200 Equipment Service & Repair 200 200 547200 Employee Expense. Travel 5,000 5.000 888.60 2,000 1,111.40 6.000 547300 Employee Expense. Auto Allowance 650 200 547400 Employee Expense. Meals 100 100 10.00 100 90.00 100 548000 OCher Services and Olarges 200 200 550100 Office SUpplies 800 800 215.35 500 284.65 500 55G4OO Operating Supplies 2,350 2,350 1,127.49 1,500 372.51 1,500 550800 Construction Matenals 557100 Membership & Subscriptions 2.500 4,500 4,724.82 5.500 n5.18 5.500 557300 Training and Reference 2.000 2.000 1,746.00 2,000 254.00 4.000 581000 Payments to other Agencie'3 . DDB 23,540 22.470 22,471.66 22.470 (1.66) 22.040 Total Operating 107,540 104,423 50,806.24 64.300.00 13.493.76 63.140 Internal Servtc:e 540200 Oocument Reproduction 3.000 3,000 121.86 200 78.14 200 540300 Telephone SelViceNariable 2,650 2,650 1,061.39 1.100 38.61 540400 Messenger Service 1,230 540600 Telephone ServiceJFlXed 1,840 1.840 1,590.00 1,910 320.00 2.000 540700 Postal Service 1,800 540900 Insurance Administration 600 541000 Information SelVices 4,170 4,170 541300 Print Shop 1,200 1.200 732.96 1.750 1,017.04 2.000 541400 PlrchasIng Service . 300 541500 Garage. Variable 100 142.80 200 57.20 200 541600 BIdg & Maint - Variable 600 542000 EmPoYee Relations 130 542100 lAitities - Telephone . 500 542200 Ulitities . EIedrIc 2,000 50 45.50 50 4.50 542300 Gas. W!ter & Utilities 1.000 TotaIlntarMl Service ~,020 13,010 3.694.51 5.210 1.515.49 4,<<lO Capltld 564200 Furniture &. OtTice Equipment 1,000 565800 ConstnJctJon Materiafs 500 TCIbI Capital 1,500 - . - . . . nansfvs 590200 General Fund. Administrative 71,000 78.397 71,980.34 78,397 6,416.66 119,630 590200 GenefaI Fund - Jolly Trolley 50,000 50,000 45,833.36 50,000 4,166.64 50,000 59CI6OO Partdng Fund . Oleckers 4,850 4,850 4,445.10 4,850 404.90 11.150 590600 Palking Fund . Saturday OoImtown 15,000 15,000 13,750.00 15,000 1,250.00 15,000 590600 Paltcing Fund. HarboNiew Parldng 6,360 6,360 5,830.00 6,360 530.00 6,360 592400 Pas1dng Fund. Garden Garage 21,000 21,000 19,250.00 21,000 1,750.00 21.000 592400 Miscellaneous Redevelopment Projects 116,262 116,262.00 2.300 BeautifICation 8,000 8,000.00 592700 Debt Service - 20% at Tax Increment 53,746 53,746 53,746.00 53,746 . . 592700 Debt Service. Additional 156.935 156,935 1,288,848.41 1.288,850 1.59 384,891 386,288 1,503.683.21 1,642,465 138,781.79 225.440 Toea' ExpenslS 51",~1 503,721 1,558,183.96 1,711,975 153,791 292.t8O Excess rA ~ & Other /financIng Source. OVer Expenditurn and Tnlnsfers Out i.. . . 137,665.89 . 137,865.89 . , . . - I J '0 t'i'