21-01 RESOLUTION NO 21-01
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF CLEARWATER, FLORIDA,
ADOPTING THE CRA FY2020/21 AMENDMENTS TO
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 FY2020/21 AMENDMENTS TO CRA Operating Budget as outlined
on Exhibit A.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 13th day of September 2021.
Frank V. Hibbard
Chairman
Approved as to form: Attest:
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Fumo Rosemarie Call .-- cV,1L;
CRA Attorney City Clerk . �nz
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Community Redevelopment Agency
EXHIBIT A
Third Quarter Review
FY 2020-21 Revenue/ Third Quarter
Adopted Expenditures Encumbrances Proposed Amended Amend
Budget To Date Amendments Budget Ref
Revenues&Transfers In
Tax Increment Financing Revenues
338930 Pinellas County 2,079,624 2,077,454 (2,170) 2,077,454 1
381115 City of Clearwater 2,309,490 2,306,897 (2,593) 2,306,897 1
381116 Downtown Development Board 340,088 340,002 (86) 340,002 1
Total TIF Revenues 4,729,202 4,724,353 (4,849) 4,724,353
Other Revenues
361101 Interest Earnings 60,000 43,048 60,000
Transfers In
381782 DDB Administration 76,085 63,404 - 76,085
Total Revenues&Transfers In 4,865,287 4,830,805 (4,849) 4,860,438
Expenditures&Transfers Out
Operating Expenditures
530100 Professional Services 100,000 108,840 21,390 25,000 125,000 3
530300 Other Contractual Services 70,000 30,000 (25,000) 45,000 3
540700 Postal Service 1,000 427 1,000
540300 Telephone Variable 3,310 1,693 3,310
541600 Building&Maintenance Variable 1,000 1,000
542500 Postage 200 7 200
543100 Advertising 20,000 17,039 1,500 20,000
543200 Other Promotional Activities 5,000 2,580 5,000
543400 Printing&Binding 5,000 418
(2,763) 2
544100 Equipment Rental 2,500 1,375 2,500
547100 Uniforms 500 - 500
547200 Employee Expense-Travel 3,000 - (2,000) 1,000 2
547300 Mileage Reimbursement 1,500 - 1,500
548000 Other Services 3,000 - 3,000
550100 Office Supplies 2,000 863 2,000
550400 Operating Expense 500 80 500
557100 Memberships and Subscriptions 5,500 4,464 5,500
557200 Official Recognition - 90 -
557300 Training&Reference 15,000 - 15,000
581000 Payments to Other Agencies-DDB 340,088 340,002 57,143 (86) 340,002 2
Total Operating Expenditures 579,098 507,878 80,033 (4,849) 574,249
Transfers Out
590200 General Fund-Administrative 470,000 390,808 470,000
590800 Community Policing(R2001) 250,000 250,000 250,000
590800 Community Engagement(R2002) 236,565 236,565 236,565
590800 Economic Development-City(R2003) - -
590800 Economic Development-County(R2004) 500,000 500,000 500,000
590800 Infrastructure-City(R2005) 250,000 250,000 250,000
590800 Infrastructure-County(R2006) 500,000 500,000 500,000
590800 Transportation-City(R2007) - -
590800 Transportation-County(R2008) 79,624 79,624 79,624
590800 Housing-City(R2009) 1,000,000 1,000,000 1,000,000
590800 Housing-County(2010) 1,000,000 1,000,000 1,000,000
Total Transfers Out 4,286,189 4,206,997 - - 4,286,189
Total Expenditures&Transfers Out 4,865,287 4,714,875 80,033 (4,849) 4,860,438
Excess of Revenues&Transfers In Over
Expenditures&Transfers Out - 115,930 - -
Budget Amendments to Operating Budget
1 To adjust budgeted revenue to actual TIF receipts,and adjust the related payment to the DDB to match actual receipts.
2 To reduce expenditures in line with adjustments to revenues.
3 To adjust the budget to reflect actual expenditures to date.