15-03RESOLUTION NO 15-03
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF
CLEARWATER, FLORIDA, ADOPTING THE CRA
FY2015/16 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 FY2015/16 CRA Operating Budget as outlined on Exhibit A.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 31st day of August, 2015.
-- -\to ile \CP fX4.Icioj
George N. Cretekos
Chairman
Approved as to form: Attest:
Pamela . Akin
City Attorney
Resolution No. 14 -01
Community Redevelopment Agency
Prelim Budget
October 1, 2015- September 30, 2016
2014-2015
2015 -2016
Proposed
Proposed
Budget
Budget
Revenues & Transfers In
Tax Increment F nancing Revenues
338930
Pinellas County
874,952
958,325
381115
City of Clearwater
854,967
925,156
381116
Downtown Development Board
160,064
173,273
Total TIF Revenues
1,889,983
2,056,754
Other Revenues
361101
Interest Earnings
50,000
50,000
3699011
Other General Revenue
Transfers In
381782
DDB Administration
63,724
65,317
381782
Loan Payment From DDB
-
381888
Special Program Fund
CRA Capital Improv Fund
Reserves
389902
Allocation of Reserves
Total Revenues & Transfers In
2,003,707
2,172,071
Expenditures & Transfers Out
Operating Expenditures
530100
Professional Services
60,000
! 60,000
530300
Contractual Services
540200
Document Reproduction
540300
Telephone Variable
1,000
1,300
540700
Postal Service
250
250
541500
,Garage Variable
1,000
542200
i Electricity- Utility
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
;Equipment
Printing & Binding
Rental
2,500
2,500
2,000
544100
547100
Uniforms
150
150
547200 Employee Expense - Travel
5,000
6,000
547300 Milage Reimbursment
1,000
1,500
548000 Other Services
2,000
2,000
550100 Office Supplies
1,000
2,000
550400 Operating Supplies
3,000
3,000
557100 Memberships and Subscriptions
2,000
2,500
557300 Training and Reference
5,000
6,000
581000 Payments to Other Agencies -DDB
160,064
173,273
581000 j Payments to Other Agencies -Blast Friday
582000 'Aid to Private Organizations
6,000
260,164
273,673
Total Operating Expenditures
i
Debt Payments
Economy Inn - Interest on Loan
Total Debt
Transfers Out
590200
General Fund- Administrative
373,262
461,281
590800
East Gateway Project (94849)
174,288
171,597
590800
Streetscape Phase 2 (92275)
590800
Cleveland Street Maintenance (99968)
25,000
25,000
590800
Economic Development Incentives (99963)
50,000
590800
Station Square DA
590800
Marriott Residence Inn (94856)
21,239
590800
Economy Inn Acquistion/ Demolition
590800
Economy Inn
590800
Restricted County TIF Funds
874,952
958,325
590800
Facade Improvement Grant Fund
590800
Downtown Redevelopment Fund (94714)
113,724
132,595
590800
CarPro Site (94862)
590800
Affordable Housing Projects (94851)
590800
Retail Attraction /Assistance (94852)
590800
Cleveland Street Branding (94853)
Capitol Theatre Contribution (94870)
15,000
590800
590800
Technology District Incentives ( 94872)
100,000
590800
Prospect Lake Retail Assistance
590800
Downtown Intermodal (92839
46,078
590800
Library Interlocal
99 600
Total Transfers Out
1,743,543
1,898,398
Total Expenditures & Transfers Out
2,003,707
2,172,071