19-01RESOLUTION NO 19-01
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF
CLEARWATER, FLORIDA, ADOPTING THE CRA FY
2019/2020 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 FY 2019/2020 CRA Operating Budget as outlined on
Exhibit A.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 16th day of September 2019.
t\CrAIOS
Approved as to form:
Odtta
Michael Fuino
CRA Attorney
George N. Cretekos
Chairman
Attest:
QQ
Tr : Roe(narie Call
City Clerk
Resolution No. 19-01
Community Redevelopment Agency
Preliminary Budget
October 1, 2019- September 30, 2020
Exhibit A
2018-19
2019-20
Amended
Proposed
Budget
Budget
Revenues & Transfers In
Tax Increment Financing Revenues
338930
Pinellas County
1,602,618
1,658,145
381115
City of Clearwater
1,779,126
1,841,094
381116
Downtown Development Board
274,822
286,023
Total TIF Revenues
3,656,566
3,785,262
Other Revenues
361101
Interest Earnings
199,850
50,000
Transfers In
381782
DDB Administration
71,026
73,512
Total Revenues & Transfers In
3,927,442
3,908,774
Expenditures & Transfers Out
Operating Expenditures
530100
Professional Services
100,000
100,000
530300
Contractual Services
31,223
70,000
540300
Telephone Variable
2,000
3,360
540200
Postal Service
361
1,500
541000
Information Technology-Fixed
24,020
22,960
541600
Building & Maintenance Variable
1,000
1,000
542200
Electricity- Utility
200
-
542500
Postage
339
200
543100
Advertising
12,188
40,000
543200
Other Promotional Activities
3,000
10,000
543400
Printing & Binding
3,000
9,000
544100
Equipment Rental
2,500
2,500
547100
Uniforms
1,000
500
547200
Employee Expense-Travel
7,500
10,000
547300
Milage Reimbursment
1,500
1,500
548000
Other Services
3,000
3,000
549000
Relocation Expenses
2,236
-
549000
Recruitment Expenses
163
-
550100
Office Supplies
2,000
2,040
550400
Operating Supplies
167
500
557100
Memberships and Subscriptions
3,500
5,000
557200
Offical Recognition
70
-
557300
Training and Reference
6,000
6,000
581000
Payments to Other Agencies-DDB
274,822
286,023
581000
Payments to Other Agencies-Blast Friday
100,000
100,000
Total Operating Expenditures
581,789
675,083
Transfers Out
590200
General Fund- Administrative
470,740
473,680
590800
Downtown Redevelopment Fund (94714)
371,123
565,935
590800
Downtown Gateway Project (94849)
-
186,291
590800
Downtown Marketing & Events (94853)
100,000
-
590800
Car Pro (94862)
31,530
-
590800
Library Activation (94887)
97,260
99,640
590800
Placemaking Activites (94889)
300,000
-
590800
Restricted County TIF Funds
1,602,371
1,658,145
590800
Pierce/Washington (94897)
250,000
-
590800
Downtown Beautification (99968)
25,000
-
590800
Facade Program (99979)
-
250,000
590800
Streetscape and Trail Improvements
97,629
-
Total Transfers Out
3,345,653
3,233,691
Total Expenditures & Transfers Out
3,927,442
3,908,774