18-02RESOLUTION NO 18-02
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF
CLEARWATER, FLORIDA, ADOPTING THE CRA
FY2018/19 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 FY2018/19 CRA Operating Budget as outlined on Exhibit A.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 4th day of September, 2018.
cte0 Rt\tt C\t/IC05
George N. Cretekos
Chairman
Approved as to form: Attest:
Pamela K. Akin
City Attorney
-/K.GtJt
Rosemarie Call
City Clerk
Resolution No. 18-02
Community Redevelopment Agency
Preliminary Budget
October 1, 2018- September 30, 2019
Exhibit A
2017-18
2018-19
Amended
Proposed
Budget
Budget
Revenues & Transfers In
Tax Increment Financing Revenues
338930
Pinellas County
1,198,581
1,602,371
381115
City of Clearwater
1,151,254
1,539,879
381116
Downtown Development Board
210,139
274,651
Total TIF Revenues
2,559,974
3,416,901
Other Revenues
361101
Interest Earnings
50,000
50,000
Transfers In
381782
DDB Administration
68,624
71,026
Total Revenues & Transfers In
2,678,598
3,537,927
Expenditures & Transfers Out
Operating Expenditures
530100
Professional Services
56,888
100,000
530300
Contractual Services
13,000
64,900
540300
Telephone Variable
1,370
2,000
540200
Postal Service
200
541000
Information Technology -Fixed
22,080
24,020
541600
Building & Maintenance Variable
1,000
1,000
542200
Electricity- Utility
500
200
542500
Postage
1,000
500
543100
Advertising
4,000
4,000
543200
Other Promotional Activities
1,500
3,000
543400
Printing & Binding
3,000
3,000
544100
Equipment Rental
2,500
2,500
547100
Uniforms
500
1,000
547200
Employee Expense -Travel
5,000
7,500
547300
Milage Reimbursment
1,000
1,500
548000
Other Services
3,000
3,000
549000
Recruitment Expenses
258
400
550100
Office Supplies
2,000
2,000
552500
$1,000-$4,999 Mach & Equip
2,854
557100
Memberships and Subscriptions
2,500
3,000
557300
Training and Reference
4,000
6,000
581000
Payments to Other Agencies -DDB
210,139
274,651
581000
Payments to Other Agencies -Blast Friday
100,000
100,000
Total Operating Expenditures
438,089
604,371
Transfers Out
590200
General Fund- Administrative
397,890
408,740
590800
Downtown Redevelopment Fund (94714)
(2,406)
121,026
590800
Downtown Gateway Project (94849)
176,321
590800
Downtown Marketing & Events (94853)
75,000
100,000
590800
Car Pro (94862)
-
31,530
590800
Economy Inn Debt (94866)
590800
ULI Implementation (94885)
590800
Library Activation (94887)
97,890
97,260
590800
Placemaking Activites (94889)
100,000
200,000
590800
Restricted County TIF Funds
1,197,190
1,602,371
590800
Opportunity Fund (94893)
173,624
590800
CRA Wayfinding (94896)
590800
Gateway Mercado
590800
Pierce/Washington (94897)
250,000
590800
Downtown Beautification (99968)
25,000
25,000
590800
Facade Program (99979)
590800
Streetscape and Trail Improvements
97,629
Total Transfers Out
2,240,509
2,933,556
Total Expenditures & Transfers Out
2,678,598
3,537,927