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16-02RESOLUTION NO 16 -02 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLEARWATER, FLORIDA, ADOPTING THE CRA FY2016/17 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 FY2016/17 CRA Operating Budget as outlined on Exhibit A. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 12th day of September, 2016. Witt /NC11..1 4.1COf Approved as to form: Pamela . Akin City Attorney George N. Cretekos Chairman Attest: tica- Rosemarie Call City Clerk Resolution No. 16 -02 Community Redevelopment Agency Preliminary Budget October 1, 2016- September 30, 2017 Exhibit A Revenues & Transfers In Tax Increment Financing Revenues 338930 381115 381116 Pinellas County City of Clearwater Downtown Development Board Total TIF Revenues Other Revenues 361101 Interest Earnings 369901 Other General Revenue Transfers In 381782 DDB Administration Total Revenues & Transfers In Expenditures & Transfers Out Operating Expenditures 530100 Professional Services 530300 Contractual Services 540300 Telephone Variable 540200 Postal Service 541000 Information Technology -Fixed 541600 Building & Maintenance Variable 542200 Electricity- Utility 542500 Postage 543100 Advertising 543200 Other Promotional Activities 543400 Printing & Binding 544100 Equipment Rental 547100 Uniforms 547200 Employee Expense - Travel 547300 Mileage Reimbursement 548000 Other Services 550100 Office Supplies 550400 Operating Supplies 557100 Memberships and Subscriptions 557300 Training and Reference 561400 Appraisal Fee 581000 Payments to Other Agencies -DDB 581000 Payments to Other Agencies -Blast Friday Total Operating Expenditures Transfers Out 590200 590800 590800 590800 590800 590800 590800 590800 590800 590800 590800 590800 590800 General Fund- Administrative Library Activation Project (94887) Downtown Gateway Project (94849) Downtown Beautification (99968) Economic Development Incentives (99963) Economy Inn Site Redevelopment (94868) Restricted County TIF Funds Facade Improvement Grant Fund (99979) Downtown Redevelopment Fund (94714) CarPro Site (94862) Downtown Marketing & Branding (94853) Technology District Incentives (94872) Placemaking Activities (94889) Total Transfers Out 2015 -2016 Amended Budget 958,023 924,864 173,218 2,056,105 80,022 1,650 65,317 2,203,094 2016 -2017 Proposed Budget 1,042,546 1,006,484 188,500 2,237,530 50,000 66,950 2,354,480 56,700 1,300 250 1,000 200 5,000 5,000 2,500 2,000 150 5,000 1,500 2,000 2,000 4,000 2,500 6,000 3,300 173,218 100,000 373,618 60,000 10,000 1,250 11,790 1,000 1,000 1,000 2,500 1,500 3,500 2,500 500 7,000 1,500 4,000 3,000 2,500 6,000 188,500 100,000 409,040 461,281 99,600 171,295 25,000 50,000 958,325 63,975 1,829,476 395,141 100,270 171,402 25,000 20,000 1,042,546 20,000 1,081 5,000 80,000 25,000 60,000 1,945,440 Total Expenditures & Transfers Out 2,203,094 2,354,480