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22-03RESOLUTION NO 22-03 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLEARWATER, FLORIDA, ADOPTING THE THIRD QUARTER BUDGET AMENDMENTS FOR THE CRA FY 2021/2022 ANNUAL OPERATING BUDGET; PROVIDING AN EFFECTIVE DATE. WHEREAS, the Community Redevelopment Agency (CRA) annual budget requirements have been clarified and Section 189.016(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 THIRD QUARTER AMENDMENTS TO THE FY 2021/2022 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 2022. Frank V. Hibbard Chairman Approved as to form: Attest: Michael Fuino CRA Attorney 01\11111111111!/ 4p(4PRWATF� CORPORATE :52' •OCA =per: SEAL `° I,,,,FCOR' DP`\````��. JY_,42.,dt.41/l..00) t(J aff-a Rosemarie Call City Clerk Community Redevelopment Agency Exhibit A Third Quarter Budget Review 2021-2022 Amended Budget Revenue/ Expenditures To Date Proposed Amendments 3rd Quarter Amended Budget Amend Ref Revenues & Transfers In Tax Increment Financing Revenues 338930 381115 338935 Pinellas County City of Clearwater Downtown Development Board Total TIF Revenues Other Revenues 361101 Interest Earnings Transfers In 381782 DDB Administration Total Revenues & Transfers In Expenditures & Transfers Out Operating Expenditures 530100 Professional Services 530300 Contractual Services 540300 Telephone Service Charges - Variable 540700 Postal Service 541000 Info Tech Charges - Fixed 541600 Building & Maintenance Variable 542500 Postage 543100 Advertising 543200 Other Promotional Activities 543400 Printing & Binding 544100 Equipment Rental 547100 Uniforms 547200 Employee Expense -Travel 547300 Milage Reimbursement 548000 Other Services 550100 Office Supplies 550400 Operating Supplies 557100 Memberships and Subscriptions 557200 Official Recognition 557300 Training and Reference 581000 Payments to Other Agencies -DDB Total Operating Expenditures Transfers Out 590200 590800 590800 590800 590800 590800 590800 590800 590800 590800 590800 General Fund- Administrative 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) Total Transfers Out Total Expenditures & Transfers Out Budget Amendments to Operating Budget 2,233,848 2,480,667 301,370 2,171,143 2,480,368 301,367 2,233,848 2,480,667 301,370 5,015,885 55,000 78,748 4,952,878 76,143 72,186 5,015,885 55,000 78,748 5,149,633 5,101,207 5,149,633 130,000 40,000 100 31,770 1,000 200 20,000 5,000 5,000 2,500 500 3,000 1,500 3,000 2,000 500 5,500 15,000 301,370 128,685 17,893 2,081 5,366 13 7,528 3,715 6 1,082 7,142 2,999 255 3,180 77 4,905 301,367 5,266 (12,266) 1,000 4,500 1,500 130,000 40,000 5,366 1 19,504 1 1,000 200 20,000 6,000 1 5,000 2,500 500 3,000 1,500 7,500 1 3,500 1 500 5,500 15,000 301,370 567,940 486,294 567,940 619,274 252,550 500,000 500,000 335,020 223,724 476,021 1,675,104 4,581,693 460,003 252,550 500,000 500,000 335,020 223,724 476,021 1,675,104 4,422,422 619,274 252,550 500,000 500,000 335,020 223,724 476,021 1,675,104 4,581,693 5,149,633 4,908,716 5,149,633 1 To adjust the budget to reflect actual expenditures to date. Community Redevelopment Agency CRA Capital Improvement Project Fund Third Quarter Review Project Amendments Mid Year 3rd Quarter Actual Expenditures Project Amended Proposed Amended Project Open Available Amend # Description Budget Amendments Budget To Date Encumbr Balance Status Ref R2001 Community Policing 502,550.00 502,550.00 422,817.96 - 79,732.04 R2002 Community Engagement 1,651,551.17 1,651,551.17 637,643.45 199,287.29 814,620.43 R2003 Economic Development- City 2,718,509.66 2,718,509.66 699,200.06 120,963.69 1,898,345.91 R2004 Economic Development -County 1,523,261.85 1,523,261.85 1,439,049.91 32,040.00 52,171.94 R2005 Infrastructure- City 351,664.32 351,664.32 9,114.00 342,550.32 R2006 Infrastructure -County 1,000,000.00 1,870,000.00 2,870,000.00 500,000.00 2,370,000.00 1 R2007 Transportation -City 97,629.00 97,629.00 97,629.00 R2008 Transportation- County 455,719.00 455,719.00 455,719.00 R2009 Housing -City 1,476,021.00 - 1,476,021.00 - 1,476,021.00 R2010 Housing -County 4,876,181.99 (1,870,000.00) 3,006,181.99 1,250.00 3,004,931.99 1 Total $14,653,087.99 $0.00 $14,653,087.99 $3,709,075.38 $352,290.98 $10,591,721.63 Budget Amendments to Projects 1 To transfer $1,870,000 for the purchase of the Peace Memorial Church site as approved at the August 15, 2022 CRA meeting.