20-02RESOLUTION NO 20-02
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF
CLEARWATER, FLORIDA, ADOPTING THE CRA FY
2020/2021 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 2020/2021 CRA Operating Budget as outlined on
Exhibit A.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 14th day of September 2020.
Approved as to form:
Michael Fuino
CRA Attorney
Jf
nk V. Hibbard
Chairman
Attest:
..F01, ; Rosemarie Call
City Clerk
V
Resolution No. 20-02
Community Redevelopment Agency
Preliminary Budget
October 1, 2020- September 30, 2021
Exhibit A
2019-20
2019-20
2020-21
Amended
Available
Proposed
Budget
i Balance
Budget
Revenues & Transfers In
Tax Increment Financing Revenues
338930
I Pinellas County 1,791,123
2,079,624
381115
City of Clearwater 1,988,861
2,309,490
381116
Downtown Development Board 302,603
340,088
Total TIF Revenues 4,082,587
4,729,202
Other Revenues
361101
Interest Earnings 78,485
60,000
Transfers In
381782
DDB Administration 73,512
76,085
Total Revenues & Transfers In 4,234,584
4,865,287
Expenditures & Transfers Out
Operating Expenditures
530100
Professional Services 100,000
19,525
100,000
530300
Contractual Services 70,000
70,000
70,000
540300
Telephone Variable 3,360
1,379
3,310
540200
Postal Service 1,500
1,500
1,000
541000
Information Technology -Fixed 22,960
5,740
-
541600
Building & Maintenance Variable 1,000
1,000
1,000
542500
Postage 200
200
200
543100
Advertising 40,000
14,586
20,000
543200
Other Promotional Activities
10,000
4,098
5,000
543400
Printing & Binding
9,000
8,777
5,000
544100
Equipment Rental
2,500
1,559
2,500
547100
Uniforms
500
129
500
547200
Employee Expense -Travel
10,000
7,489
3,000
547300
Milage Reimbursment
1,500
638
1,500
548000
Other Services
3,000
2,709
3,000
549000
Recruitment Expenses
-
550100
Office Supplies
2,040
1,532
2,000
550400
Operating Supplies
500
486
500
557100
557200
Memberships and Subscriptions
Offical Recognition
5,000
114
5,500
557300
Training and Reference
8,000
1,027
15,000
581000
Payments to Other Agencies -DDB
302,603
340,088
581000
Payments to Other Agencies -Blast Friday
100,000
Total Operating Expenditures
693,663
579,098
Transfers Out
590200
590800
General Fund- Administrative 473,680
Library Activation Project (94887) 99,640
470,000
590800
Downtown Gateway Project (94849) 186,291
590800
Restricted County TIF Funds 1,658,145
590800
Downtown Redevelopment Fund (94714)
565,935
590800
590800
590800
590800
590800
590800
590800
590800
590800
590800
590800
Facade Program (99979)
Community Policing (R2001)
Community Engagements (R2002)
Economic Development- City (R2003)
Economic Development- County (R2004)
Infrastructure- City (R2005)
Infrastructure- County (R2006)
Transportation- City (R2007)
Transportation- County (R2008)
Housing- City (R2009)
Housing- County (R2010)
250,000
174,252
132,978
250,000
236,565
500,000
250,000
500,000
79,624
1,000,000
1,000,000
Total Transfers Out
3,540,921
4,286,189
Total Expenditures & Transfers Out
4,234,584
4,865,287