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Res. No. 083-05-12062RESOLUTION NO.83-05-12062 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI,FLORIDA,RELATING TO THE SOUTH MIAMI COMMUNITY REDEVELOPMENT AGENCY; APPROVING THE AGENCY'S RE-FORMATTED BUDGET FOR FY 2004-05:PROVIDING AN EFFECTIVE DATE. WHEREAS,in2004the SMCRA was required to receive a program extension from Miami Dade which included a comprehensive update of its Community Plan;and WHEREAS,as part of the program extension the South Miami Community Redevelopment Agency (SMCRA)atits May 9,2005 meeting adopted a revised andre formatted budget for FY 2004-05;and WHEREAS,itis important thatthe City Commission be informed of and approve there formatted SMCRA Budget forFY 2004-05. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI,FLORIDA: Section 1.That the City Commission hereby approves the South Miami Community RedevelopmentAgency'srevisedandre-formattedbudgetforFY2004-05. Section 2.This resolution shall be effective immediately after the adoption hereof. PASSED AND ADOPTED this 1 4t hday of June ,2005 ATTEST:APPROVED: %jfc£Lji? Res.No.83-05-12062 READ AND APPROVED AS TO FORM: (2) Commission Vote:3-1 Mayor Russell:Yea Vice Mayor Palmer:absent Commissioner Wiscombe:Yea Commissioner Birts-Cooper:Yea Commissioner Sherar:Nay \\MCGRUFF\PLANNING\Comm Items\2005\6-l4-05\CRA Budget Resol.doc CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER-OFFICE MEMORANDUM To:Honorable Vice Mayor and Commission Members Date:June 14,2005 From:Maria Davis City Manager MITEMNo. Re:SMCRA Reformatted Budget South Miami Afl-AmertcaCtty lllliF 2001 RES OLUTION A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI,FLORIDA,RELATING TO THE SOUTH MIAMI COMMUNITY REDEVELOPMENT AGENCY; APPROVING THE AGENCY'S RE-FORMATTED BUDGET FOR FY 2004-05:PROVIDING AN EFFECTIVE DATE BACKGROUND In2004theSouthMiamiCommunityRedevelopmentAgencywasrequiredtoreceivea program extension from Miami Dade County which included a comprehensive update ofits Community Plan.Aspart of the program extension theSMCRAwasrequiredtoreviseits currentbudgetinordertomoreclearlyrelate expenditures toprogramactivities.Therevised andre-formattedSMCRABudgetforFY 2004-05 wasadoptedbytheAgencyBoardatitsMay 9,2005 meeting. There-formatted SMCRA Budget forFY2004-05isbeing presented totheCityCommission for approval. RECOMMENDATION Itis recommended that the proposed resolution beadopted. Attachments: ProposedResolution SMCRA BudgetFY2004-05 SMCRA Resolution ^rjm-joMD/DOD/SAY \\MCGRUFF\PLANNING\Comm Ifems\2005\6-14-05\CRA Budget Report.doc RESOLUTION NO.CRA 16-05-1 63 A RESOLUTION OFTHE SOUTH MIAMI COMMUNITY REDEVELOPMENTAGENCY(SMCRA),RELATINGTOAMENDMENT OF2004-2005 FISCAL YEAR BUDGET;APPROVING AND ADOPTING THE RECOMMENDATIONS OF THE EXECUTIVE DIRECTOR TO TRANSFER LINE ITEMS INTHE BUDGET AS SET FORTH IN THE ATTACHED ITEMIZED LIST PURSUANT TO ARTICLE IV F(l)OFTHE CITY CHARTER AS OFTHEENDOF THE BUDGET YEAR ENDING SEPTEMBER30,2005,AND AUTHORIZING THEEXECUTIVE DIRECTOR TO TAKE SUCH MEASURES AS ARE NECESSARY TO ACCOMPLISH THOSE TRANSFERS;ANDPROVIDING AN EFFECTIVE DATE. WHEREAS,Article IVF (1)of the charter ofCityof South Miami,Florida,provides for amendment ofthecity budget by transferring any unencumbered appropriation balance or portion thereof from oneoffice department to another withinthe fiscal year;and WHEREAS,the Executive Director has set forth a series of recommendations inthe attached itemizedlistto transfer unencumbered appropriation balance inlineitems from oneCity department to another as of the budget year ending September 30,2005. NOW,THEREFORE,BEIT RESOLVED BY THESOUTHMIAMICOMMUNITY REDEVELOPMENT AGENCY BOARD: Section 1.That the recommendations of the Executive Director be,and hereby are, approved and adopted as set forth in the attached itemized list to transfer unencumbered appropriation between line items of the budget pursuant tothe City Charter as ofthe end of the firstquarterfor 2004-2005 budget year. Section2.ThattheExecutive Director be,andherebyis,authorizedtotakesuch measuresasare necessary toaccomplishthosetransfers. Section 3.That thisresolutionshalltake effect immediately upon approval PASSED AND ADOPTED this 9^.day of May.,2005 ATTEST: AND APPROVED AS TO FORM: APPRO tL^xM? Board Vote: Chairperson Russell: Vice Chairperson Palmer: Board Member Birts-Cooper: Board Member Sherar: Board Member Wiscombe: Board Member Price: Board Member Cobb: 6-0 absent Yea Yea Yea Yea Yea Yea SOUTH MIAMI COMMUNITY REDEVELOPMENT AGENCY FY2004-2005 BUDGET PROJECTED REVENUES IFY02-03 FY-03-04 FY-04-05 I REVENUE SOURCE AMOUNT AMOUNT AMOUNT CityofSouth Miami TIFContribution $319,500 $478,169 446,972 Miami-Dade County TIF Contribution $301,300 $329,120 312,664 Total TIF Revenue for Administrative Cap $620,800 $807,289 759,636 Interest Revenue 9,100 $0 9,500 All America Building Rent Revenues 11,000 $0 11,000 Sub total -Revenues $640,900 $807,289 $780,136 Cash Carryover -Beginning Total Funds Available for the Budget SUMMARY OF EXPENDITURES 17,092 204,525 472,649 $657,992$1,011,814$1,252,785 Administrative (20%Cap)$143,574 Operatina $1,104,211 Total Total $1,247,785 Revised 5/9/05 Proposed FY04-05 610-1110-513-31-20 610-1110-513-34-50 610-1110-513-46-70 610-1110-513-47-10 610-1110-513-99-30 610-1110-513-63^0 610-1110-513-64-30 610-1110-518-45-10 610-1110-518-46-70 610-1110-518-99-32 610-1110-541-31-20 610-1110-541-34-50 610-1110-541-47-10 610-1110-541-99-30 CITY OF SOUTH MIAMI CRA 2004/05 PROPOSED BUDGET EXPENDITURES Infrastructure FY 04-05 Amended Budget FY 04-05 Budget FY 03-04 Budget FY 02-03 Budget FY 02-03 Actual Professional Services/Support Services Other Contractual Services Maintenace Repairs andInfrastructure 7,000 $6,500 transferred from 610-1110-518-4670 (Facilities Malntenance-Mobley Building) $500 transferred from 610-1110-553-4710 (Printing Residential Rehab) Printing &Binding Capital Improvements 40.684 576 $576 transferred from 610-1110-513-4710 (Printing -Infrastructures) $20,000 transferred from 610-1110-513-6340 (Infrastructure /Street Beautification)for OCED match $2,000 transferred from 610-1110-541-3450 (Contractual Services -Street Beautification} $7.300 transferred from 610-1110-553-3450 (Contractual Services Residential Rehab) $10,808 transferred from cash reserve per resolution #CRA06-05-153 Infrastructure/Construction Expenses/Street Beautification Contributionfor street lighting andfurnitureforChurch Street Equipment/Operating Sub-Total 47,684 FY 04-05 Amended Budget 20,000 20.576 FY 04-05 BudgetFacilitiesMaintenance-Moblev Building Property and Liability 10.000 $10,000 transferred from 610-1110-554-4510 (Administrative Property and Liability Insurance) 12,500FacilitiesMaintenance&UtilitiesforMoblely Bid. Renovation ofMobleyBuilding 72.117 $240 transferred from 610-1110-552-4710 (Commercial Rehab Printing &Binding) $68,377 transferred from 610-1110-551-9931 (Economic Development Renovation of Mobley BIdg) $3,500 transferred from 610-1110-553-3120 (Residential Rehab Professional Services) Sub-Total Street Beautification Professional Svcs/Street Beautification Other Contractual Services/Street Beautification Printing &Binding/Printing Materials-Street Beautification 82,117 FY 04-05 Amended Budget 12,500 FY 04-05 Budget 2,000 26,000 380 20.000 46,380 FY 03-04 Budget 70.000 70,000 FY 03-04 Budget 9.200 380 20,000 29,580 FY 02-03 Budget 70.000 8.706 8,706 FY 02-03 IActual 10.687 70,000 10,687 FY 02-03 Budget FY 02-03 Actual 2,000 Other Uses/Program Services Sub-Total 2,000 2,000 610-1110-544-47-10 610-1110-544-64-30 610-1110-544-46-80 610-1110-551-31-20 610-1110-551-34-50 610-1110-551-47-10 610-1110-551-61-10 610-1110-551-99-30 610-1110-551-99-31 610-1110-551-99-32 CITY OF SOUTH MIAMI CRA 2004/05 PROPOSED BUDGET Transportaion Improvements &Alternatives Printing&Binding Operating Equipment/TranShuttle Fuel Maintenance &Repairs/TranShuttle Sub-Total Economic Development &Job Creation FY 04-05 Amended Budget FY 04-05 Amended Budget FY 04-05 Budget FY04-05 Budget 34.000 25.000ProfessionalServices/Economic Development $1.800 transferred from 610-1110-553-3450 Residential Rehab for Appraisals $7,000transferredfromcashreserve FY 03-04 Budget 2,500 5,000 7,500 FY 03-04 Budget 3.800 FY 02-03 Budget 2.500 5,000 7,500 FY 02-03 Budget $25.000 for Sundays on Sunset Other Contractual Service 4.000 2,500PrintingandBindingrinunii)aim Mi»""a til$2.500 transferred from 610-1110-551-6430 (Operating Equipment)to be used for printing of supplemental plan Land Acquisition $130,000transferredfrom cash reserve $20.000 transferred from 610-1110-583-3120 (Land Acquisition) Other Uses CRA Master Plan Renovation of Mobley building ,bayAfor incubator program Wounded Healer's ofSt.John , $5,000transferredfrom cash reserve 68.377 35.000 30.000 FY 02-03 Actual 136 136 FY 02-03 Actual 6.553 990 0 610-1110-551 -99-33 BusinessStartupAssistance 25.000 $10,000 transferred from cash reserve for 3 businesses advertising grants) 15.000 610-1110-551-64-30 GrantWriteroffice equipmentand furniture 50% $2,500 transferred to610-1110-551-4710 (Economic Development Printing and Binding) Economic Dev.Program/Business Loans/Industrial Area Master Plan 2,500 52,800 52.800 904 Sub-Total 96,500 140,877 60,600 52.800 I 8,446 CITYOFSOUTHMIAMICRA2004/05PROPOSEDBUDGET 610-1110-552-31-20 610-1110-552-34-50 610-1110-552-47-10P 610-1110-552-99-30 610-1110-553-31-20 610-1110-553-34-50 610-1110-553-47-10 610-1110-553-99-21 610-1110-553-99-30 610-0000-219-13-40 ResidentialRehab ProfessionalSvcs/ResidentialReinvestment ConsumerCreditCounseling$3.000 $3,500transferredto610-1110-518-9932(RenovationofMobleyProperty) OtherContractualSvc/ResidentialReinv ContractualMiscellaneous$3.300 LandscapeMaintenance$4.000 MaintenanceofVacantProperty Printing&Binding/PrintingMaterials-ResidentialRelnv PropertyTaxes-ResidentialRehabProperties $5.500transferredfrom610-1110-553-3450(OtherContractualServicesResidentialRehab) ResidentialRehabilitationGrants ResidentialRehabilitation MultifamilyRehabProgram(DevelopmentOwners)$20.000 Grantforonemultifamilypropertyownerforrenovation MultifamilyRehabProgram(UnitOwners)$20,000 13-$1,500grantsforeligibleunitowners(LeeCo-ops) 6-$5,000grantsforsinglefamilypropertyowners SingleFamilyRehabProgram$30.000 HomeOwnership$35,000 7-$5,000grantsforeligibleapplicants Sub-Total tnsferredto610-1110-555-9935(residentialInfillGrants) 78,500\119,300 CITY OF SOUTH MIAMI CRA 2004/05 PROPOSED BUDGET Administrative Salaries&Wages/Regular FY 04-05 Amended Budget FY 04-05 Budget FY 03-04 Budget FY 02-03 Budget FY 02-03 Actual 610-1110-554-12-10 610-1110-554-21-10 610-1110-554-22-20 610-1110-554-23-10 fiprxetarv 100%including 5%merit increases 27.618 (6/7annvsry date) Director-$10.000.00 %Including fortheCoordinator Coordinator 100%of salary-$40.299 50%SharedGrantWritersalary FICA/Medicare Retirement Contributions/Deferred Comp Cont. Life&health Ins/Group Health Ins 77.917 25.000 7,873 2.500 11.478 5,500 77,917 25,000 7.873 2.500 11.478 7,500 610-1110-554-32-10 Audit$2.000 transferred to acct #610-1110-554-5410 (Administrative Memberships and Subscriptions) Other Contractual Svc/Gen Legal 6,1801 6.180 610-1110-554-34-15 610-1110-554-34-50 610-1110-554-40-70 1610-1110-554-40-80 610-1110-554-44-10 610-1110-554-45-10 610-1110-554-46-31 partialallocation Other Contractual Svc/Contractual Svc Travel&PerDiem/TravelandConference FHA/CRA Seminars Employee Education/Training Rents and Lease/Office Rent Property &LiabilityInsurance Maint.&Repairs/Comm.Equipment 610-1110-554-48-50 lAdvertising Non-Legal 610-1110-554-49-10. $900 transferred from 610-1110-554-9920 (General Contigency) Other Current Charges/Legal Ads/Comp.Plan Atty 610-1110-554-52-10 Operating Supplies/Supplies 610-1110-554-54-10 610-1110-554-64-20 Books/Publishing/Subs&Membership $2.000 transferred from acct #610-1110-554-3210 (administrative Audits 610-1110-554-64-30 Equipment/Office Equipment/Operating TwoFile Cabnets/TV/VCR 610-1110-554-99-15 Other Uses/Misc-City Contribution to Miami-Dade County funds partially transferred from cashreserve Total Administrative (20%)$151.927 500 500 1.000 1,100 200 2,500 500 600 600 2,736 2.736 5,100 148,984143,984 37,800 8.200 8,000 8,200 6,500 500 1,000 200 500 600 2.000 2,000 75,500 38,500 9,000 4,800 4,500 6,500 3,060 300 500 520 67,680 36,356 2.788 5,960 5,150 330 140 54,734 610-1110-554-91-25 CITYOFSOUTH MIAMI CRA 2004/05 Operating Fund Transfers Transfers/GFPoliceOfficer 610-1110-554-91-30 Transfers/GFCode Enforcement Officer 610-1110-554-91-35 Transfers/Repayment to General Fund 610-1110-554-91-32 Transfers/SMCRA Social Worker 610-1110-554-99-20 Other Uses/General Contingency $10,000 transferred to 610-1110-572-9930 (park improvements) $2 500 transferred to 610-1110-559-3120 (professional services Technical Services) PROPOSED BUDGET to'nn ♦mnsferred to acct #610-1110-554-4631 (Maintenance &Repairs Comm Eqpt) fiin-1110-554-99-25 CRA Board Members Discretionary Funds 610-1110-554-99-30 [Transfers/Repayment for Mobley Property Sub-Total Residential Infill 610-1110-555-31-20 Professional Svcs/Residential Infill -Appraisals 610-1110-555-61-10 "Land Acquisition -Residential Infill $72.990 transferred from cash reserve 610-1110-555-99-35 "Residential Infill Grants-Home ownership 7-$5.000 grantsforeligible applicants 610-1110-559-31-20 Sub-Total Special Redevelopment Technical Services Professional Services Architectural School analysis of59 Pi.&64 St.for Madison Sqare $48,750 transferred from cash reserve per resolution #CRA13-04140 for ILER $2.500 transferred from 610-1110-554-9920 (General Contlgency) 610-1110-559-31 -25 Technical Service-Planing Assistant Part Time Interns610-1110-559-34-50 610-1110-559-99-31 James T.Bowman scholarship program ~Sub-Total CITY OF SOUTH MIAMI CRA 2004/05 PROPOSED BUDGET CASH CARRY OVER RECAP $472,649 Projected 04/05 Beginning Cash Balance Her contract Finalpaymentfor Mobley Attorney Fee's Planning Assistant Construction of the pavillion Residential Infill LandAcquisition Economic Development Land Acquisition Business Startup Assistance Wounded Healers Appraisal Services for Land Acquisition Contribution totheCounty Administrative Expenses Projected 04/05 Ending Cash Balance for Land Acquisition 472,649 (50,000) (123,475) (32,183) (20.000) (19,981) (72,990) (130,000) (10,000) (5,000) (7,000) (2,020) 0 472,649 (50,000) (123,475) (32,183) (20,000) 246,991