14-01RESOLUTION NO 14-01
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF
CLEARWATER, FLORIDA, ADOPTING THE CRA
FY2013/14 ANNUAL OPERATING BUDGET; PROVIDING
AN EFFECTIVE DATE.
WHEREAS, the Community Redevelopment Agency (CRA) annual budget
requirements have been clarified and Section 189.418(3), of the Florida Statutes
require that CRA's adopt their annual budgets by resolution; now, therefore,
BE IT RESOLVED BY THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF
CLEARWATER, FLORIDA:
Section 1. Adopt the FY2014/15 CRA Operating Budget as outlined on Exhibit A.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 15th day of September, 2014.
Approved as to form:
Plii
amela . Akin
City Attorney
- GtQ,Wr \.n(rC �o1
George N. Cretekos
Chairman
Attest:
t
Rosemarie Call
City Clerk
eat
Resolution No. 14 -01
Community Redevelopment Agency
Prelim Budget
October 1, 2014- September 30, 2015
2013 -2014
2014 -2015
Amended
Proposed
Budget
Budget
Revenues & Transfers In
Tax Increment Financing Revenues
338930
Pinellas County
783,525
874,952
381115
City of Clearwater
756,339
854,967
381116
Downtown Development Board
141,668
160,064
Total TIF Revenues
1,681,532
1,889,983
Other Revenues
361101
Interest Earnings
66,916
50,000
369901
Other General Revenue
965
Transfers In
381782
DDB Administration
63,724
63,724
381782
Loan Payment From DDB
7,848
-
381888
Special Program Fund
194,648
CRA Capital Improv Fund
454,179
Reserves
389902
Allocation of Reserves
Total Revenues & Transfers In
2,469,812
2,003,707
Exoenditures & Transfers Out
Operating Expenditures
530100
Professional Services
60,000
60,000
530300
Contractual Services
540200
Document Reproduction
540300
Telephone Variable
1,000
1,000
540700
Postal Service
500
250
541500
Garage Variable
542200
Electricity- Utility
1,000
1,000
542300
Gas, Water, Sanitation
542500
Postage
200
200
543100
Advertising
Other Promotional Activities
5,000
5,000
5,000
5,000
543200
543400
Printing & Binding
2,500
2,500
547100
Uniforms
150
150
547200
Employee Expense - Travel
5,000
5,000
547300
Milage Reimbursment
1,300
1,000
548000
Other Services
2,000
2,000
550100
Office Supplies
1,000
1,000
550400
Operating Supplies
3,000
3,000
557100
Memberships and Subscriptions
2,000
2,000
557300
Training and Reference
2,000
5,000
581000
Payments to Other Agencies -DDB
141,668
160,064
581000
Payments to Other Agencies -Ruth Eckerd Hall
581000
Payments to Other Agencies -Blast Friday
75,000
582000
Aid to Private Organizations
6,000
6,000
Total Operating Expenditures
314,318
260,164
Debt Payments
Economy Inn- Interest on Loan
Total Debt
Transfers Out
590200
General Fund- Administrative
364,088
373,262
590800
East Gateway Project (94849)
164,786
174,288
590800
Streetscape Phase 2 (92275)
590800
Cleveland Street Maintenance (99968)
20,000
25,000
590800
Waters Edge (Opus)
590800
Station Square DA
590800
Marriott Residence Inn (94856)
21,239
590800
Economy Inn Acquistion/ Demolition
590800
Economy Inn
590800
Restricted County TIF Funds
788,531
874,952
590800
Facade Improvement Grant Fund
590800
Downtown Redevelopment Fund (94714)
666,500
113,724
590800
CarPro Site (94862)
590800
Affordable Housing Projects (94851)
590800
Retail Attraction/Assistance (94852)
590800
Cleveland Street Branding (94853)
10,000
15,000
590800
Capitol Theatre Contribution (94870)
141,589
590800
Technology District Incentives ( 94872)
Prospect Lake Retail Assistance
100,000
590800
590800
Downtown Intermodal (92839
46,078
Total Transfers Out
2,155,494
1,743,543
Total Expenditures & Transfers Out
2,469,812
2,003,707
Excess of Revenues & Transfers In Over
Expenditures & Transfers Out