Res No 182-15-14521RESOLUTION NO.182-15-14521
A Resolution approving the annual South Miami Community
Redevelopment Agency budget forfiscal year beginning October 1,
2015and ending September 30,2016;authorizing expenditure of
funds and transmittal of budget to Miami-Dade County forfinal
approval.
WHEREAS,based onFlorida Statutes Chapter 163 and inter-local agreement
requirements,the South Miami Community Redevelopment Agencyshall adopt an annual
revenue and expenditure budget;and
WHEREAS,the adopted annual revenue and expenditure budget shallbe transmitted
to Miami-Dade County for final review and approval;and
WHEREAS,a public budget workshop meeting of the South Miami Community
Redevelopment AgencyBoard was conducted on September 9,2015 to review and discuss
the budget;and
WHEREAS,the annual budget was adopted during a public meeting of the South
Miami Community Redevelopment Agency Board on October 21,2015;and
WHEREAS,the annual budget for fiscal year beginning October 1,2015 and ending
September 30,2016 contains projected revenues and corresponding proposed expenditures
in the total amount of $1,383,275;and
WHEREAS,the City Commission desires to approve the FY 2015-2016 South Miami
Community Redevelopment Agency revenue and expenditure budget to facilitate the goals
and objectives of the adopted community redevelopment plan.
NOW,THEREFORE,BEIT RESOLVED BYTHE MAYOR AND CITY COMMISSION
OFTHECITYOF SOUTH MIAMI,FLORIDA:
Section 1:The above recitals are true and correct and are incorporated herein by
reference.
Section 2:The budget of the South Miami Community Redevelopment Agency
("SMCRA")attached as ExhibitA for fiscal yearbeginning October 1,2015andending
September 30,2016,was considered atapublic meeting of the "SMCRA"anditis hereby
approved and adopted.
Section 3:The budget shallbe transmitted to Miami-Dade County pursuant to the,
City/County Inter-local Cooperation Agreement for the SMCRA.
Res.No.182-15-14521
Section 4:Thefunds appropriated in the budgetmaybe expended in accordance with
the provisions ofthebudget,the Community Redevelopment Plan,andasauthorizedbythe
law.
Section 5:Ifany section clause,sentence,or phrase ofthis resolution isforany
reason heldinvalid or unconstitutional bya court of competent jurisdiction,the holding
shall not affect the validity of the remaining portions of this resolution.
Section 6:This resolution shall become effective immediately upon adoption by vote
of the City Commission.
PASSED ANDADOPTED this 3rd day of November 2015.
ATTEST:
Ok>Qy?
CITY CLERK
READ AND
LANGUAG
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EDASTO FORM,
TYAr
Page2 of 2
APPROVED:
MAYOR
COMMISSION VOTE:
Mayor Stoddard:
Vice Mayor Harris:
Commissioner Liebman:
Commissioner Welsh:
Commissioner Edmond:
4=0
absent
Yea
Yea
Yea
Yea
CITY OF SOUTH MIAMI
CE OF THE CITY MANA<
INTER-OFFICE MEMORANDUM
SOI Jth 'Mia IT!!OFFICE OF THE CITY MANAGER
THE CITY OF PLEASANT LIVING
To:The Honorable Mayor &MembersoftheCityCommission
From:Steven Alexander,City Manager
Date:November 3,2015 Agenda ItemNo.9
Resolution:
A Resolution approving the annualSouthMiami Community Redevelopment Agency
budget for fiscal yearbeginningOctober1,2015and ending September 30,2016;
authorizing expenditure offundsandtransmittalofbudget to Miami-Dade Countyfor
final approval.
Background:
BasedonFlorida Statutes Chapter 163andinter-local agreement requirements,the South
Miami Community Redevelopment Agency (SMCRA)shall adopt an annual revenue and
expenditure budget.The adopted annual revenue and expenditure budget shallbe transmitted
to Miami-Dade County for final review and approval.
A publically noticed budget workshop to discuss the budget was conducted by the South Miami
Community Redevelopment Agency Boardon September 9,2015.The annual budget was
adopted by the SMCRA Board on October 21,2015.Board authorized amendments included
the re-allocation ofland acquisition line item fundingin the amount of $267,480 to the
Madison Square trust fund account for project land acquisition and development expenditures.
Of the total amount allocated forMadison Square trust fund account ($398,439),an amount
not to exceed $50,000 shallbeutilizedtoreimburse the City ofSouthMiamiforplanningand
legal land-use expenditures incurred for the Madison Square project.
Recommendation:
Staff recommends approval of the attached SouthMiamiCommunity Redevelopment Agency
Budgetforfiscal year beginning October 1,2015and ending September 30,2016;and
recommendsan expenditure offundsestablishedbythebudgetand transmittal ofapproved
budgetto Miami-Dade County for final approval.Acopyofthe FY 2015-2016 SMCRA adopted
budget has been attached as Exhibit A.
Attachments:
FY 2015-2016SouthMiamiCommunityRedevelopment Agency Budget
EXHIBIT A
FY 2015-2016 SMCRA Board Adopted Budget
2001
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MIAMI DADE
SMCRA FY 2015-2016 ADOPTED BUDGET
Table of Contents:
Budget Message....1
Community Redevelopment Area Value 2-3
Prior Year Revenues &Expenditures 3
PriorYear Redevelopment Accomplishments 4-8
FY 2015-2016 Projected Revenues 9
FY 2015-2016 Proposed Expenditures 10
FY 2015-2016 Projected Revenues &Expenditure Budget 11-21
FY 2015-2016 Proposed Expenditure Breakdown 22-26
Appendixes:
Miami-Dade County Formatted Budget Appendix A
SMCRA Administrative Organizational Chart Appendix B
FY 2015-2016 SMCRA BUDGET MESSAGE
Honorable Chair,ViceChairand SMCRA BoardMembers:
The preliminary assessed value estimate for the South Miami Community redevelopment area for the
2014 year is $346,238,998.This estimated value represents a 465%value increase since the base year
value of $69,238,058.The community redevelopment area currently contains some the highest
valued properties in the City of South Miami.
During the 2014-2015 Fiscal Year,an estimated total of $1,118,604 was expended on redevelopment
projects,initiatives and related contractual services.Total expenditures include debt service on the
Agency's long-term bond obligation with Regions Bank.This 2007,2.73 million dollar bond obligation
willcurrentlybesatisfiedduring the firstquarterof2015-2016.
Major areas of focus during 2014-2015 included the continued rehabilitation ofthe redevelopment
area housingstock;economic development creation throughin SMCRA Business and Community
Service Facility andrelatedeconomicdevelopment programs.The on-going focus on meaningful
community policing andrelatedbenefitswascontinued during 2014-2015.Concerted effortswere
also madeduring2014-2015tobuildupon prior infrastructure andpark improvements projects by
completing the SW 69th Street and SW 61st Court pedestrian infrastructure and park improvement
projects.
Completionof the proposed MadisonSquaremixed-use,affordable housingprojectalsoremaineda
critical objective during 2014-2015.After achievingfullsite control,obtaining unanimous mixed-use
zoningapprovalsand selecting project development team,required "gap"financing continues tobe
aggressively pursued through the Agency's existing partnership.During 2014-2015,the Board worked
diligently to enhance potential construction financing opportunities through the non-competitive and
competitive tax credit programs.
FY 2015-2016 revenue projections include increased tax increment contributions in the total amount
of$1,149,532,rent revenues and interest earnings inthe amount of$36,000andafundbalanceof
$196,743includingfundingreservedforthe Madison Squareproject.Correspondingexpendituresin
the amount of $1,383,275havebeen allocated in the 2015-2016Budget.Theupcomingbudget
continues to implement key goalsand objectives of the adopted plan including continued residential
housing stock improvement,creation of businessand economic development opportunities,critical
capital improvement project implementation,landacquisitionand development ofblighted
propertiesanda continued emphasis on effective community policingin support ofon-going
redevelopment investments in the SMCRA area.In addition,supplemental projectfundinghasbeen
allocatedin the budget for Madison Square affordable housing project construction expenditures.
The proposed budget is attached forBoard review and consideration.
Respectfully Submitted
SMCRA AREA ANNUAL ASSESSED VALUATIONS
Since the inception ofthe SMCRA,the South Miami Community Redevelopment Area has steadily increased in
taxable value overtime.Listed beiow arethe annual incremental increases in value oftheareaovertime.Annual
redevelopment budget revenues are derived directly from these increase in taxable value calculated since the base
year of the Agency.
Tax Assessment Year
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
$400,000,000
$350,000,000
$300,000,000
$250,000,000
$200^000^000
$l^QflQ,O0p --
$100^000,000
4 $5|fcOfi0;!3!Q0
::so -1
Assessed Value (SMCRA District)
$346,238,998 (Preliminary Estimate)
$300,139,956
$290,826,169
$289,084,676
$298,423,352
$295,297,036
$356,792,286
$348,731,940
$326,919,396
$267,010,957
$192,038,090
$177,715,214
$165,758,926
$188,553,289
$185,760,974
$199,511,654
$69,238,058 (Base YearValue)
••Wfcd
Annual Property Value Assesement
(South Miami Community Bedeveip&ierjt #J
CITY OF SOUTH MIAMI/SMCRA ASSESED VALUATION MAP
South Miami Ad-VSalorem Values
USD PER SOFT
gd 000-0 03
••0 04.0 07
0.08-0.11
012-016
017-0 25
8 0.26-0.37
0 38-0 52
053-076
0 77-117
118-222
V .
>•"
EWiHERE Ctetormo.Mapn^eAOB&qFjjj MOGft&f&i
City of South Miami Assessed ValueMap -CommunityRedevelopment Area
PRIOR YEAR EXPENDITURE ESTIMATE
In 2014-2015,the SMCRA received tax increment finance contributions in the total amount of $1,018,573.
Additional annual revenues in the amount of $296,774 included rent revenues,interest earnings andfund
balance.Total estimated 2014-2015 revenues are $1,315,347.
2014-2015 expenditures are estimated tobe $1,118,604 representing an expenditure of110%ofannual TIF
revenues received.Below isa depiction of 2014-2015 expenditures by redevelopment category.
Redevelopment Category
Administration
Legal and Other Uses
Capital Improvements
Economic Development/Commercial Improvement
Residential Home Improvements
Land Acquisition and Property Management
Special Redevelopment &Technical Services
Protective Services and Code Compliance
Operating Expenditures
General Fund Transfers
Total Annual Expenditures -
2014-2015 Expenditures
$202,536
$18,354
$44,385
$5,756
$74,517
$392,014
$54,195
$202,432
$14,950
$109,465
$1,118.604
SMCRA Redevelopment Categories
$5,756 -^
$202,432
\§14,950 $202,536
.-^aMfm Ipl vmm;mm$^_518,354
jri^OjSro 1 ^^^pjBB^^^^^^N.$109,465
$74,517 ^^^j ^^^^^^|^^^|0^$54,195
$392,014
mt^^^^^$44,385
m Administration
D General Fund Transfers
•Capital Improvements
•Residential Home Improvements
•Economic Development
•Legal and Other Uses
m Special Redevelopment &Technical Services
m Land Acquisition and Property Management
m Protective Services and Code Compliance
m Operating
FY 2014-2015 REDEVELOPMENT ACCOMPLISHMENTS
(SMCRA Affordable Home Owner Assistance Program)
During the first quarter of 2014-2015,property closings were held for two (2)existing redevelopment
area residents forthe purchase of two (2),new LE.E.D.certified affordable homes located at 6501 and
6487 SW 60th Avenue.All constructed LE.E.D.homeshavenowbeensoldto eligible affordable
homebuyers.Based onthe requirements ofthe SMCRA Homeowner's Assistance Program preference is
provided to existing SMCRA area residents.Home affordability is in compliance with approved H.U.D.
guidelines and homeowners will now also realize energy savings asa result of construction efficiency.
•\th6501SW60xn Avenue,South Miami,FL 6487 SW 60th Avenue,South Miami,FL
(SW 69th Street&SW 61st Court Infrastructure Improvements)
In an effort to build upon prior street infrastructure andpark improvement initiatives,the SMCRA Baord
authorized completion ofthe SW 69th Street &SW 61st Court infrastructure and ADA enhancement
projects.Asa result pedestrianism and quality of life have been vastly improved.
Prior Deteriorated Conditions Completed Improvements
Prior Deteriorated Conditions Completed Improvements
(Residential Rehabilitation Assistance Program)
Board approvalofresidentialrehabilatation applications continuedduring2014-2015.AH annully
allocatedfundingwas expended on improving existing housingstockconditions.Typical home
improvements included severlydamagedroof repairs,repairstofaulty electrical and plumbing
systemsand overdue termite tenting inanefforttoprovidelong-termhomesustainability.
In-Progress Roofing Work
In-Progress Tenting Work
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Completed Roofing Work
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In-Progress Tenting Work
(Residential Rehabilitation &JobTraining Program)
During 2014-2015,the Board authorized continuation ofanexisting SMCRA partnership with the Greater
MiamiServiceCorp.Resultsof this meaningful partnership facilitate the rehabilitation of additional single-
family home repairs while utilizing and training local youth in the field of home renovation.
In-Progress Home Rehabilitation Work In-Progress Home Rehabilitation Work
(Madison Square Redevelopment Project -Funding Solicitation)
With site control attained,mixed-use land-use and zoning designations approved and project developer
selected,gap financing is currently being solicited for final construction.During the 2014-2015 Fiscal Year,
the Board has worked diligently to enhance financing feasibility of this much needed affordable housing
development project.Increasing allowable project density is one of the current method being pursued to
enhance development feasibility.
SITE2 ...,^_r.
SW S*)"'PUr*&SW 64th Street.South Miami,FL
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2014-2015 ProposedSite Plan (Increased Density)Proposed Project Rendering (Lower Density)
(SMCRA Economic Development and Community Service Program)
During the prior fiscal year,the SMCRA continued to operate the Agency constructed Start-Up Business &
Community Service Facility located at 5825 SW 68th Street,South Miami,FL As part of an SMCRA
redevelopment plan objective,business incubator and community service office space is leased to
prospective businesses inthe SMCRA and surrounding area.As partofthe community service program,
office space id currently leased to Career Source South Florida,the South Miami Alliance for Youth and
the Art South youth organization.
hrWm&j^^^^M^^ssfi^te^^^^Mffl
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SMCRA Business &Community Service Facility SMCRA Constructed Small Business Component
(SMCRA Community Policing Initiative)
The SMCRA has consistently supported SMCRA area community policing initiatives.Two designated
officers are asa result known and respected throughout the CRA community for providing on-going
support and resident assistance.During 2014-2015,various community policing project were supported
by the Board including reactivation of the long awaited and much needed Police Athletic League.
Community Policing Officer 1 Police Sub-Station Operation Community Policing Officer 2
(SMCRACommercial Facade Improvement Program)
During the 2014-2015 year,the Agency continued to encourage local business to initiate structural and
aestheticrepairstoexistingbusinesses.The SMCRA commercial facade improvementprogramwas again
utilized to facilitate much needed commercial facade improvements.
th,(Before)-5818SW 68tn Street (After)-5818 SW 68th Street)
8
FY 2015-2016 PROJECTED REVENUES
Projected FY 2015-2016 Revenue Source
FY 2014-2015 Tax Increment Finance Revenues (Miami-Dade County)
FY 2014-2015 Tax Increment Finance Revenues (City ofSouth Miami)
FY 2014-2015 Total Tax Increment Finance Revenues
FY 2014-2015 Rent Revenues (Business Incubator Facility,Rental Properties)
FY 2014-2015 Interest Earnings
End of Year Fund Balance*
Fund Balance Reserved for Grant Project (Madison Square Pre-Construction)
FY 2015-2016 Total Projected Revenues
*TotalFund Balance Includes Funds Reservedfor Madison Square Pre-Construction Activities
Rent Revenues
(Business Incubator
Facility,Rental
Properties),$33,750.
Tax Increment Finance
Revenues (Cityof
South Miami),$551,069
Interest Earnings,
.$3,250
OTax Increment Finance Revenues (Miami-DadeCounty)
•Tax Increment Finance Revenues (City ofSouthMiami)
ORent Revenues (Business Incubator Facility,Rental Properties)
Ol merest Earnings
Revenue Amount
$598,463
$551,069
$1,149,532
$33,750
$3,250
$120,541
$76,202
$1,383,275
Tax Increment Finance
Revenues (Miami-Dade
County),$598,463
FY 2015-2016 PROPOSED EXPENDITURES BY CATEGORY
In accordance with existing goals and objectives contained in the SMCRA adopted redevelopment plan,the
following redevelopment expenditure categories have been developed.AnnualBoard approved funding
allocations are done soin accordance with the redevelopment planand are based on current priority needs
within the SMCRA area.Actuallineitem expenditures forare contained in the attached budget anddetailed
expenditure narrative report.
REDEVELOPMENT CATEGORY
Administration
Legal and Other Uses
Capital Improvements
Economic Development &Commercial Improvements
Residential Home Improvements
Land Acquisition and Property Management
Special Redevelopment &TechnicalServices
Protective Services and Code Compliance
Operating Expenditures
General Fund Transfers
FY 2015-2016 Total Net Expenditures -
Madison Square Trust Fund Account
FY 2015-2016 Total Expenditures -
Proposed 2015-2016
$211,784
$49,439
$33,000
$10,250
$45,000
$251,747
$58,500
$200,701
$14,950
$109,465
$984,836
$398,439
$1.383.275
Proposed FY 2015-2016 Expenditure Categories (Trust Fund Allocation Not Shown)
$10,250
$200,701
$49,439
$251,747
m General Fund Transfers
•Administrative
•Special Redevelopment &Technical Services
•Legal &Other Uses
•Economic Development CommercialImprovements
$109,465
$33,000
$211,784
$45,000
$58,500
•Capital Improvements
•Residential Improvement s
El LandAcquisitionandProperty Management
e Protective Services and Code Compliance
D Operating Expenditures
10
FY 2015-2016 Revenue &Expenditure Budget
Projected Revenues
ACCOUNT CLASSIFICATION
CITY OF SOUTH MIAMI TAX INCREMENT CONTRIBUTION
MIAMI-DADE COUNTY TAX INCREMENT CONTRIBUTION
TOTAL TAX INCREMENT FINANCE REVENUES
SMCRA ANNUAL RENT REVENUES
SMCRA INTEREST EARNINGS
FUNDBALANCE(Unreserved)
FUNDBALANCE(ReservedforMadisonSqaure Development)
RedRoad Commons AffordableHousingContribution
ACTUAL ACTUAL BUDGET ESTIMATE PROJECTED
2012-2013 2013-2014 2014-2015 2014-2015 2015-2016
545,666 489,337 492,421
519,241 535,747 526,152
1,064,907 1,025,084 1,018,573
63,681 33,227 25,000
7,948 4,949 5,000
918,786 391,172 124,569
100,000 100,000 80,478
0 100,000 0
11
492,421 551,069
526,152 598,463
1,018,573 1,149,532
25,775 33,750
3,257 3,250
187,264 120,541
80,478 76,202
Proposed Expenditure Summary
ACCOUNT CLASSIFICATION
ADMINISTRATION
LEGAL &OTHER USES
CAPITAL IMPROVEMENTS
ECONOMIC DEVELOPMENT &COMMERCIAL IMPROVEMENTS
RESIDENTIAL HOME IMPROVEMENTS
WND ACQUISITION &PROPERTY MANAGEMENT
SPECIAL REDEVELOPMENT &TECHNICAL SERVICES
PROTECTIVE SERVICES
OPERATING EXPENDITURES
GENERAL FUND TRANSFERS
2015-2016 TOTAL PROPOSED NET EXPENDITURES
MADISON SQUARE TRUST FUND ACCOUNT
ACTUAL ACTUAL ADOPTED ESTIMATED PROPOSED
2012-2013 2013-2014 2014-2015 2014-2015 2015-2016
201,245 198,253 202,536 202,536 211,784
71,646 68,400 18,354 18,354 49,439
271,416 80,015 33,000 44,385 33,000
18,599 4,797 10,250 5,756 10,250
109,553 97,000 45,000 74,517 45,000
411,776 431,407 559,133 392,014 251,747
198,984 138,141 58,500 .54,195 58,500
336,659 323,024 202,432 202,432 200,701
11,099 12,480 14,950 14,950 14,950
33,173 33,173 109,465109,465 109,465
1,664,150 1,386,690 1,253,620 1,118,604 984,836
0 0 0 0 398,439
12
Proposed IKpendltures
ACCT NO ACCOUNT CLASSIFICATION
ADMINISTRATIVE
FULL-TIME AGENCY EMPLOYEE SALARIES
1.513-12-10 PROPERTY MANAGEMENT COORDINATOR (40.078 Total.50%Shown for Administrative Duties)15,272
ADMINISTRATIVE SECRETARY 35,624
COMMUNITY OUTREACH COORDINATOR (50,944 Total.50%Shown forAdministrative Duties)24,728
AGENCY DIRECTOR 86,415
EMPLOYEE HEALTH CARE &BENEFITS
2.513-21-10 RCA 12,236
3.513-22-10 PENSION 13,000
4.513-22-20 DEFERRED COMPENSATION 0
5.513-23-10 INSURANCE"19,083
6.513-24-10 WORKERS COMP-420
PROFESSIONAL LEGAL SERVICES &OTHER USES
7.554-31 -20 PROFESSIONAL LEGAL SERVICES
8.554-99-20 OTHER USES/GENERAL CONTINGENCY
9.554-99-25 BOARD MEMBER DISCRETIONARY FUNDS
10.554-99-15 MIAMI-DADE COUNTY 1.5%ADMINISTRATIVE FEE
13
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2012-2013 2013-2014 2014-2015 2014-2015 2015-2016
15,272 15,733 15,733 20,257
29,540 32,990 32,990 34,499
24,728 22,257 22,257 25,472
86,415 86,415 86,415 86,415
10,361
2,426
4,398
18,094
271
12,042
2,960
9,460
20,206
473
12,042
2,960
9,460
20,206
473
12,042
2,960
9,460
20,206
473
45,436 $47,764 0 0 30,000
7,486 $1,364 3,462 3,462 3,462
5,857 $5,921 7,000 7,000 7,000
7,789 8,036 7,892 7,892 8,977
ACCT NO ACCOUNT CLASSIFICATION
INFRASTRUCTURE &STREETSCAPE IMPROVEMENTS
PROFESSIONAL SERVICES -Infrastructure Improvements
CONTRACTUALSERVICES-Infrastructure Improvements
INFRASTRUCTURE -STREETSCAPE IMPROVEMENTS
PRINTING AND BINDING
CAPITAL PROJECTS FUNDING CONTRIBUTIONS
OTHER INFRASTRUCTURE IMPROVEMENTS
PRINTING AND BINDING
11.541-31-20
12.541-34-50
13.541-46-70
14.541-47-10
15.541-63-40
16.541-64-50
17.541-47-10
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2012-2013 2013-2014 2014-2015 2014-2015 2015-2016
5,951 0 1,500 1,500 1,500
29,209 24,995 15,000 31,435 15,000
10,906 0 8,000 7,950 8,000
604 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
PARK IMPROVEMENTS
18.572-31-20 PARK IMPROVEMENTS -PROFESSIONAL SERVICES 26,405 13,081 1,000 1,000 1,000
19.572-34-50 PARK IMPROVEMENTS -CONTRACTUAL SERVICES (Murray Park Reld Grant Contribution)38,503 40,775 7,500 7,500 7,500
20.572-64-50 PARKIMPROVEMENTS 500 200 0 0 0
14
ACCTNO ACCOUNT CLASSIFICATION
EMPLOYMENT,JOB TRAINING&ENVIRONMENTALCLEAN-UP INITIATIVES
21.551-31-20 PROFESSIONAL SERVICES
22.551-52-10 CONTRACTUAL SERVICES (GreaterMiami JobCorpPartnership)
23.551-21-10 RCA
24.551-24-10 WORKERS COMP
25.551-47-10 PRINTING AND BINDING
26.551-99-32 ECONOMIC DEVELOPMENT TRAINING PROGRAMS
27.551-99-33 SMALL BUSINESS ASSISTANCE GRANTS
COMMERCIAL BUSINESS IMPROVEMENTS
28.552-31-20 COMMERCIAL FAQADE GRANT REHABILATATION PROGRAM
29.552-34-50 CONTRACTUAL SERVICES
30.552-47-10 PRINTING &BINDING
15
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2012-2013 2013-2014 2014-2015 2014-2015 2015-2016
4,354 0 1,250 0 1,250
0 847 2,500 1,889 2,500
78 78 0 0 0
4,354 0 0 0 0
463 0 0 0 0
0 0 1,500 0 1,500
8,098 2,239 2,500 1,500 2,500
12,000 1,950 2,500 2,367 2,500
33 0 0 0 0
97 0 0 0 0
ACCT NO ACCOUNT CLASSIFICATION
AFFORDABLE HOME REHABILITATION
31.564-31-20 PROFESSIONAL SERVICES
32.564-34-50 CONTRACTUAL SERVICES
33.564-47-10 PRINTING AND BINDING
AFFORDABLE HOUSING HOME OWNERSHIP ASSISTANCE
34.564-99-35 AFFORDABLE HOUSING PURCHASE ASSISTANCE PROGRAM
HOUSING REHABILITATION GRANT ASSISTANCE
35.564-99-21 MULTI-FAMILYREHABILATATION PROGRAM (included in564-99-30)
36.564-99-30 RESIDENTIAL REHABILATATION PROGRAM
16
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2012-2013 2013-2014 2014-2015 2014-2015 2015-2016
20,790 3,040 0 0 0
9,996 0 0 0 0
0 0 0 0 0
37,023 38,862 25,000 50,017 25,000
8,488 .00 0 0
30,207 24,662 20,000 19,500 20,000
ACCT NO ACCOUNT CLASSIFICATION
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2012-2013 2013-2014 2014-2015 2014-2015 2015-2016
LAND ACQUISITION
37.583-31 -20 PROFESSIONAL SERVICES -Reservedfor Madison Square Development Expenditures
38.583-61 -10 BUGHTED PROPERTY ACQUISITION -Re-allocatedMadison SquareLandAcquisition (Une Item&
10,743 19,522 80,478 4,276 76,202
0 5,960 92,500 1,583 0
PROPERTY MANAGEMENT EXPENDITURES
39.583-31-25 AGENCYOWNED PROPERTY EXPENDITURES (Property Taxes,insurance,etc)11,282 39,96436,000 36,000 45,235
40.583-34-55 AGENCY OWNED PROPERTY MAINTENANCE&REPAIRS 34,030 25,019 21,000 21,000 23,861
PROPERTY MANAGEMENT SERVICES
41.554-12-10 SMCRA PROPERTY MANAGEMENT COORDINATOR (50%Shown forOperational Duties)
42.554-21-10 FICA
43.554-22-20 DEFERRED COMPENSATION
44.554-23-10 INSURANCE
45.554-24-10 WORKERS COMPENSATION
DEBT SERVICE FOR SMCRA ACQUIRED PROPERTIES
46.583-71-10 ANNUAL REGIONS BANK PRINCIPAL PAYMENT
47.583-72-10 ANNUAL REGIONS BANK INTEREST PAYMENT
17
22,909 22,909 23,600 23,600 20,256
1,753 1,753 1,806 1,806 1,806
1,604 1,604 1,652 1,652 1,652
3,743 3,931 4,254 4,254 4,254
6269 71 71 71
141,223
156,541
$266,185
$31,588
282,492
15,280
282,492
15,280
77,253
1,157
ACCT NO ACCOUNT CLASSIFICATION
SPECIAL REDEVELOPMENT SERVICES
48.559-31-20 PROFESSIONAL SERVICES -ELDERLY CARE INITIATIVE PROGRAM
TECHNICAL ASSISTANCE PROGRAMS
49.559-34-50 BOWMAN COLLEGE SCHOLARSHIP PROGRAM
50.559-99-31 SUMMER YOUTH AND AFTER SCHOOL SCHOURSHIP PROGRAMS
51.559-99-32 SCHOOL ASSISTANCE PROGRAM
SPECIAL EVENTS &TECHNICAL SERVICES
52.574-12-10 SPECIAL EVENTS PLANNING &MARKETING COORDINATOR
53.574-21-10 RCA
54.574-22-10 PENSION
55.574-23-10 INSURANCE
56.574-24-10 WORKERS COMPENSATION
57.574-31-20 PROFESSIONAL SERVICES -SPECIAL EVENTS &MARKETING
GRANT WRITING SERVICES
58.513-12-10 GRANT WRITER
59.513-21-10 FICA
60.513-22-10 PENSION
61.513-23-10 INSURANCE
62.513-24-10 WORKERS COMPENSATION
18
ADOPTED ESTIMATE BUDGET ESTIMATE PROPOSED
2012-2013 2012-2013 2014-2015 2014-2015 2015-2016
40,000 40,000 19,500 19,500 19,500
10,000 10,000 15,000 15,000 15,000
26,000 19,932 10,000 10,000 10,000
31,665 0 0 0 0
48,950 47,542 0 0 0
3,323 3,189 0 0 0
7,626 7,166 0 0 0
6,495 6,108 0 0 0
107 84 0 0 0
17,278 15,698 14,000 9,695 14,000
33,921 28,619 0 0 0
2,189 2,189 0 0 0
2,003 2,003 0 0 0
6,239 6,239 0 0 0
77 77 0 0 0
ACCT NO ACCOUNT CLASSIFICATION
PROTECTIVE SERVICES
LAW ENFORCEMENT -COMMUNITY POLICING INITIATIVES
63.521-12-10 SMCRA AREA SUB STATION OFFICERS(2)
64.521-21-10 FICA
65.521-22-10 PENSION
66.521-23-10 INSURANCE
67.521-24-10 WORKERS COMP
CODE ENFORCEMENT
68.554-12-10 SMCRA COMMUNITY CODE ENFORCEMENT OFFICER (Oty Funded Position)
69.554-21-10 FICA
70.554-22-10 PENSION
71.554-23-10 INSURANCE
72.554-24-10 WORKERS COMP
PUBLIC ASSISTANCE SERVICES
73.569-12-10 SMCRACOMMUNITY OUTREACH COORDINATOR (50%Shown forOperational Duties)
74.569-21-10 FICA
75.569-22-10 PENSION
76.569-23-10 INSURANCE
77.569-24-10 WORKERS COMP
19
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2012-2013 2013-2014 2014-2015 2014-2015 2015-2016
170,053 140,254 115,756 115,756 115,756
14,693 12,068 8,855 8,855 8,855
30,158 30,799 21,446 21,446 21,446
19,434 13,775 14,180 14,180 14,180
4,792 4,885 5,312 5,312 5,312
66,515 66,515 0 0 0
6,227 5,651 0 0 0
10,815 9,838 0 0 0
10,359 9,793 0 0 0
1,588 171 0 0 0
30,674 24,728 27,203 27,203 25,472
2,259 1,892 2,081 2,081 2,081
4,022 3,561 3,618 3,618 3,618
3,877 3,120 3,900 3,900 3,900
57 67 81 81 81
ACCT NO ACCOUNT CLASSIFICATION
OPERATING EXPENDITURES
78.554-32-10 PROFESSIONAL SERVICES -ANNUALAUDIT
79.554-34-15 OTHER CONTRACTUAL SERVICES
80.554-40-70 EMPLOYEEEDUCATION&TRAINING,TRAVEL&CONFERENCE
81.554-40-80 EMPLOYEE TRAINING
82.554-46-31 TELEPHONE UNE SERVICE
83.554-48-50 REQUIRED LEGAL NOTICE &ADVERTISING
84.554-49-10 LEGALADS
85.554-52-10 OPERATING SUPPLIES
86.554-54-10 PUBLICATIONS,SUBSCRIPTIONS &MEMBERSHIPS
20
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2012-2013 2013-2014 2014-2015 2014-2015 2015-2016
6,000 8,000 8,000 8,000 8,000
0 0 0 0 0
1,734 59 1,300 1,300 1,300
750 0 0 0 0
953 1,244 1,250 1,250 1,250
296 350 850 850 850
602 478 0 0 0
3,211 2,840 2,300 2,300 2,300
740 760 1,250 1,250 1,250
ACCT NO ACCOUNT CLASSIFICATION
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2012-2013 2013-2014 2014-2015 2014-2015 2015-2016
GENERAL FUND SERVICES/TRANSFERS
87.581-95-00 FUEL-FIELDINSPECTIONCAR 800 800 800800 800
INSURANCE -FIELD INSPECTION CAR 500 500 500500 500
PROCUREMENTSERVICES 0 0 1,850 1,850 1,850
PRINTING&MAIL-OUT SERVICE 1,910 1,910 1,910 1,910 1,910
PROTECTIVESERVICESFUEL&EQUIPMENT 3,582 3,582 1,733 1,733 1,733
SMCRA SECRETARY/CITY CLERKSERVICES 7,096 7,096 7,0967,096 7,096
FINANCE DEPARTMENTRENT COLLECTION &ACCOUNTING 4,490 4,490 4,490 4,490 4,490
LAND-USECHANGE&ZONING ADMINISTRATION -PLANNING DEPARTMENT 3,800 3,800 3,800 3,800 3,800
CITY MAPPING &PRINTING SERVICES(GIS)7,9457,945 7,945 7,945 7,945
HUMAN RESOURCES PROCESSING SERVICES 3,050 3,050 3,0503,050 3,050
GENERALCOUNSELLEGALSERVICES 26,291 26,291 26,291
COMMUNITY POOLOPERATING CONTRIBUTION 50,000 50,000 50,000
TOTAL NET BUDGET EXPENDITURES 1,664,150 1,386,690 1,253,620 1,118,604 984,836
ACCOUNT CLASSIFICATION
554-34-60 DEVELOPMENT SERVICES -Reserved for Madison Square Land Acquisition &Development Expenditures
581-95-00 PROFESSIONAL SERVICES -Reimbursement for Incurred Project Planning andUnd-Use Consultant Fees
0 348,439
50,000
TOTAL BUDGET EXPENDITURES 1,664,150 1,386,690 1,253,620 1,118,604 1,383,275
21
Proposed Expenditure Narrative
Employee Salary &Fringe
•SMCRA Budget Line Item No.1 thru 6 -(Full-Time Employee Salaries)-Account No.513-12-10;513-
21-10;513-22-10;513-22-20;513-23-10;513-24-10
TheAgency employees four (4)full-time employees including one SMCRA Property Management
Coordinator;one Community Outreach Coordinator,one Administrative Secretary and one Agency
Director.A total funding amount of $211,784 has been allocated in the FY 2015-2016 Budget for
salaries and benefits for all administrative duties.
Total funding allocated isalsoin compliance withan inter-local agreement mandated 20%
administrative salary cap.
Total Administrative Expenditures -$211,784
Professional Legal Services
•SMCRA Budget Line Item No,7 -(Professional Legal Services)-Account No.554-31-20
A total amount of $30,000 has been allocated in this line item for 2015-2016 legal fees required to
convert the SMCRA Business &Community Service Facility into condominiums inan effort to
delineate for-profit and non-profit businesses for future assessment purposes.
Other Uses/General Contingency
•SMCRA Budget Line Item No.8 -(Other Uses/General Contingency)-Account No.554-99-20
A total amount of $3,462 has been allocated for unanticipated,emergency building including
hurricane related damages.
Board Member Discretionary Funds
•SMCRA Budget Line Item No.9 -(Board Member Discretionary Funds)-Account No.554-99-25
Atotal amount of$7,000isallocatedannuallyaspartof the adopted redevelopment plan
encouraged Special Needs Program.EachBoard Member may allocated $1,000 annually in support
of beneficial community based projects and initiatives.
Miami-Dade County Administrative Fee Charge
•SMCRA Budget Line Item No.10 -(CountyAdministrativeFeeCharge)-Account No.554-99-15
Atotal amount of $8,977 hasbeenallocatedinthe FY 2015-2016Budgetfor required Miami-Dade
County administrative processing fees assessed toall Community Redevelopment Agencies.
22
Infrastructure &Streetscape Improvements
SMCRA Budget Line Item 11-13 -(Infrastructure &Streetscape Improvements)-Account No.
541-31-20;541-34-50;and 541-46-70.
A total funding amount of $24,500 has been allocated in the FY 2015-2016 Budget for
continued SMCRA area infrastructure improvements.
Park Improvements
•SMCRA Budget Line Item 18-20 -(Park Improvements)-Account No.572-31-20;572-34-50;
572-64-50.
A total amount of $8,500 has been allocated in the FY 2015-2015 Budget for complimentary
park improvements in conjunction withpreviously completed park improvement including the
Marshall Williamson park pavilion,restroom building construction,tennis court restoration and
park lighting enhancements.
SMCRA Budget Line Item 21-22.26-28 -(Small Business Assistance &Economic Development)-
Account No.551-31-20;551-13-10;and 551-99-32;551-99-33;552-31-20.
A funding in the amount of $2,750 (lineitems 21 &26)has been allocated in the FY 2015-2016
Budget for economic development and employment training.A total amount of $2,500 has been
allocated for the youth training and residential rehabilitation partnership programwith the
Greater Miami ServiceCorp.Atotalof $2,500 has been allocated forsmall business grant
programs and an amount of $2,500 forcommercial fagade rehabilitationprojects.
Affordable Housing Rehabilitation
SMCRA Budget Line Item 34.36 -(AffordableHousing Rehabilitation)-Account No.564-99-35;
564-99-30.
Atotalamountof $45,000 hasbeenallocatedforaffordablehousing initiatiatives including
$25,000 forthe SMCRA Homeowner's Assistance Program fornewaffordablehomesand
$20,000 forrehabilitationof the existingSMCRA areahousingstock.
23
Professional Services &Land Acquisition
SMCRA Budget Line Item 37.38
583-31-20;583-61-10.
(Professional Services &Property Acquisition)-Account No.
A total amount of $76,202 as part of the Agency's existing fund balance reserved forMadison
Square mixed-use redevelopment project expenditures includingkeyproperty purchase
associated with the project and project development and construction expenditures.Previously
allocatedfundingforlandacquisitionhasbeenre-allocatedto the Madison Square Trustfundfor
project related land acquisition and development expenditures.
Property Management Expenditures
SMCRA Budget Line Item 39-40 -(Property Management Expenditures)-Account No.583-31-25;
583-34-55.
A total amount of $45,235 has been allocated in the budget for annual property and liability
insurance forall eighteen (18)SMCRA owned vacant and improved properties;lawn
maintenance services for all eighteen (18)Agency owned vacant and improved properties;
annual property taxes and housekeeping services for the SMCRA operated Start-Up Business &
Community at 5825 SW 68th Street.
A total amount of $23,861 has been allocated forbuilding maintenance and repairs forAgency
owned improved properties at 6415 and 6429 SW60th Avenue and 5825 SW68th Street.
Property Management Services
SMCRA Budget Line Item 41-45 -(Property Management Services Expenditures)-Account No.
554-12-10;554-21-10;554-22-20;554-23-10;and 554-24-10.
A total amount of $28,039 has been allocated in the budget forpartial salary and benefits for
the SMCRA full-time Property Management Coordinator employee for assigned operational duties
including rent and utilities collection for twelve (12)individual building tenants and for
coordinating all annual building maintenance and required building repairs.
Annual Debt Service Expenditure Requirement
SMCRA Budget Line Item 46.47 -(RegionsBankDebt Service Payment)-Account No.583-71-
10;and 583-72-10.
Atotal amount of $78,410 hasbeenallocatedinthe 2015-2016 budget as afinal debt service
payment fora 2007 long-term bond with Regions Bank.
24
Special Redevelopment &Technical Services
Professional Services/Elderly Care Initiative
SMCRA Budget Line Item 48 -(Professional Services/Elderly Care Initiative)-Account No.559-
31-20.
A total amount of $19,500 has been allocated in the 2015-2016 budget forelderly care services
provided by the Thelma Gibson organization through the South Miami Senior Center at 6701 SW
62nd Avenue.
Technical Assistance Program
SMCRA Budget Line Item 49-50 -(Technical Assistance Programs)-Account No.559-34-50;and
559-99-31.
A total amount of $25,000 has been allocated in the budget for SMCRA plan encouraged
scholarship programs for SMCRA area youth including $15,000 for the James T.Bowman
Scholarship Program and $10,000 for the after school and summer academic enrichment
programs.
Special Events &Technical Services
SMCRA Budget Line Item 56 -(Special Events &Marketing)-Account No.574-24-10.
A total amount of $14,000 has been allocated in the budget for annual economic development
generating special events in the SMCRA area including the annual MLK/Black History Parade
and related events.
Protective Services
Protective Services
SMCRA Budget Line Item 63-67 -(Protective Services)-Account No.521-12-10;521-21-10;
521-22-10;521-23-10;and 521-24-10.
Atotal amount of $165,549 has been allocated in the 2015-2016 budget for community policing
including sub-station operation,grass root community organization involvement and Police
Athletic League program development and administration by two dedicated SMCRA area South
Miami policing officers.
Public Assistance Services
SMCRA Budget Line Item 73-77 -(Public Assistance Services)-Account No.569-12-10;569-21-
10;569-22-10;569-23-10;and 569-24-10.
A total amount of $35,152 has been allocated in the budget for partial salary and benefits for
full-time SMCRA Outreach Coordinator for assigned operating duties.
25
Operating Expenditures
Operating Expenditures
SMCRA Budget Line Item 78-86 -(Operating Expenditures)-Account No.554-32-10;554-34-15;
554-40-70;554-40-80;554-46-31;554-48-50;554-49-10;554-52-10;and 554-5410.
A total amount of $14,950 has been allocated in the 2015-2016 budget for specific operating
expenditures including annual audit services,travel and training,telephone service,legal
advertising,supplies and publications and subscriptions.
General Fund Transfers
SMCRA Budget Line Item 87 -(General Fund Transfers)-Account No.581-95-00.
A total amount of $109,465 has been allocated in the 2015-2016 budget for community
redevelopment services provided through the Cityof South Miami including assigned field vehicle
gas and insurance,SMCRA Secretary services,City attorney legal services,Planning Department
project land-use and zoning services and annual SMCRA area community pool operating
contribution.
Madison Square Trust Fund
SMCRA Budget Line Item 88 -(Madison Square Trust Fund Account)
Atotal amount of $348,439 has been allocated in the 2015-2016 budget forlandacquisition
and development expenditures associated with the Madison Square mixed-use,affordable
housing project.
SMCRA Budget Line Item 89 -(Madison Square TrustFund Account)
A total amount of $50,000 has been allocated in the 2015-2016 budget as a reimbursement for
City of South Miami incurred expenditures for planning and legal land-use consultant fees
required for Madison Square project development
Atotal amount of $398,439 has beenallocated in the 2015-2016 budgetforMadison Square land
acquisition and development expenditures.
26
APPENDIX A
Miami-Dade County Formatted Budget
South Miami Community Redevelopment Agency
FY 2015-2016 Budget -Miami-Dade County Format
City Tax Increment Revenue
County Tax Increment Revenue
Cash Carryover
Cash Carryover Reserved for Madison Square Grant Project
All Other Revenues (Rent Revenues)
Interest Earnings
Development Agreement Contribution for Affordable Housing
Revenue Total
Employee Salary and Fringe (SMCRA Line item 1-6)
Professional/Contractual Services
Other Administrative
Subtotal Admin Expenses%
County Administrative Charge at 1.5%(SMCRA Line item ip)
Employee Salary and Fringe (SMCRA Line item 41-45&73-77)
Professional/Contractual Services (Uneitem21,22,26,37,88)
Legal Services/Court Costs (SMCRA une item 7,87)
Land/Building Acquisitions (Land Acquisition Funding Contained inTrust Account)
Infrastructure Improvements (Smcra Line item 11-13,18-20)
Building Construction improvements (smcra Line item40)
Redevelopment Grants Issued Out (Line item 27,28,34,36,48-51)
Debt Service Bond Payments (smcra Line item 46,47)
Marketing,Special Events (smcra line item 52-57)
Transfers Out to Others (smcra une Hem,63-72,87)
Advertising and LegalNotices (smcra Line hem 83,84)
Travel &Conference (smcra line item so)
Employee Training (smcra Une item81)
Property Taxes,insurance,Utilities (smcra Lineitem39)
Audits and Studies (smcra line item78)
Publications &Memberships (smcra line item 86)
Office Supplies &Equipment (smcra Line item 85)
Telephone &Communication Lines (Smcra une item82)
Other Oper.Expenses -Board Member Discretionary Funds (Une9)
(B)Subtotal Oper.Expenses
(C)Reserve/Contingency (smcra Line item 8)
Expenditure Total (A+B+C)
Madison Square AffordableHousingLand Acquisition/Construction
Roadway Infrastructure Improvements
Murray Park Community Pool
Residential Rehabilitation,Purchase Assistance for New Construction
$519,241
$1,018,786
$63,681
$7,948
$2,155,322
$201,245
$0
$0
$201,245
$7,789
$63,390
$88,634
$49,855
$0
$220,905
$38,260
$171,513
$297,764
$83,456
$375,640
$568
$0
$0
$40,092
$6,000
$1,053
$3,340
$646
$7,000
$1,448,116
$7,000
$1,664,150
$0
$304,872
$0
$77,525
$12,000CommercialFacadeImprovementInitiativeI
Blighted PropertyPurchase(ReallocatedtoMadison Square Trust Account)
$535,747 $526,152
$391,172 $124,569
$100,000 $80,478
$33,227 $25,000
$4,949 $5,000
$100,000 $0
$1,654,432 $1,253,620
$191,505 $202,536
$0 $0
$0 $0
$191,505 $202,536
$8,036 $7,892
$210,428
$65,418 $68,266
$24,772 $86,728
$50,000 $26,291
$5,960 $92,500
$108,852 $32,000
$25,019 $21,000
$122,440 $94,500
$297,772 $297,772
$79,787 $14,000
$342,293 $248,723
$828 $850
$59 $1,300
$0
$39,964 $36,000
$8,000 $8,000
$760 $1,250
$2,840 $2,300
$1,244 $1,250
$7,000 $7,000
$1,183,008 $1,039,730
$4,141 $3,462
$1,386,690 $1,253,620
$0 $0
$129,051 $33,000
$100,000 $50,000
$102,419 $47,500
$1,950 $2,500
$92,500
$492,421 $551,069
$526,152 $598,463
$187,264 $120,541
$80,478 $76,202
$25,775 $33,750
$3,257 $3,250
$0 $0
$1,315,347 $1,383,275
$202,536 $211,784
$0 $0
$0 $0
$202,536 $211,784
$7,892 $8,977
$210,428 $220,761
$68,266 $63,191
$8,026 $479,891
$26,291 $30,000
$1,583 $0
$37,552 $33,000
$21,000 $23,861
$101,565 $94,500
$297,772 $78,410
$9,695 $14,000
$275,014 $275,014
$850 $850
$1,300 $1,300
$0 $0
$36,000 $45,235
$8,000 $8,000
81,250 $1,250
$2,300 $2,300
$1,250 $1,250
$7,000 $7,000
$904,714 $1,159,052
$3,462 $3,462
$1,118,604 $1,383,275
$0 $398,439
$49,385 $33,000
$50,000 $50,000
$72,017 $47,500
$2,500 $2,500
$1,583
APPENDIX B
SMCRA Administrative Organizational Chart
SMCRA ADMINISTRATIVE ORGANIZATIONAL CHART
Agency Director
Administrative Secretary
Community Outreach Property Management
Coordinator Coordinator/Receptionist
October 1,2015