24-01RESOLUTION NO 24-01
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF CLEARWATER, FLORIDA,
ADOPTING THE THIRD QUARTER BUDGET
AMENDMENTS FOR THE NORTH GREENWOOD CRA FY
2023/2024 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 BUDGET AMENDMENTS TO THE FY
2023/2024 NORTH GREENWOOD 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 August 2024.
Bruce Rect
Chairman
Approved as to form:
David Margolis
CRA Attorney
Resolution 24-01 NG CRA Third
Quarter Budget Amendments
Attest:
Rosemarie CaII
City Clerk
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Community Redevelopment Agency- North Greenwood
Third Quarter Budget Amendments
October 1, 2023- September 30, 2024
Exhibit A
2023-2024
Third Quarter
Budget Amendment
Revenues & Transfers In
Tax Increment Financing
338930
381115
388010
Revenues
Pinellas County
City of Clearwater
General Fund
Total TIF Revenues
156,641
190,848
3,000,000
3,347,489
Other Revenues
361101
Interest Earnings
Total Revenues & Transfers In
3,347,489
Expenditures & Transfers Out
Operating Expenditures
530100
Professional Services
10,000
541600
Building & Maintenance Variable
1,000
543100
Advertising
2,000
543400
Printing & Binding
3,000
548000
Other Services
1,000
550100
Office Supplies
2,000
550400
Operating Supplies
1,000
557100
Memberships and Subscriptions
2,000
557300
Training and Reference _
2,000
Total Operating Expenditures
24,000
Transfers Out
590200
590800
590800
590800
590800
590800
590800
590800
590800
General Fund- Administrative
Residential Improvement Project -R2401
Business Improvement Program -R2402
Cartlton Ave Rehab -R2403
Public Infrastructure -R2404
Public Art & Culture -R2405
Housing -City R2406
Housing- County R2407
Mobility -County R2409
Total Transfers Out
90,426
500,000
1,100,000
500,000
700,000
200,000
76,422
78,321
78,320
1
1
1
1
2
2
2
3,323,489
Total Expenditures & Transfers Out
3,347,489
1- To establish the project and create the original
budget funeded with General Fund Revenue.
2- To establish the project and create the original
budget funded with Fiscal Year 2023-2024 Increment
Revenue.