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3#South"Miami THE CITY OF PLEASANT LIVING CITY OF SOUTH MIAMI CE OF THE CITY MANA' INTER-OFFICE MEMORANDUM To:The Honorable Mayor &Members of the City Commission From:Steven Alexander,City Manager Date:November 3,2015 Agenda ItemNo.3_ Resolution: A Resolution approving the annual South Miami Community Redevelopment Agency budget forfiscalyear beginning October 1,2015and ending September 30,2016; authorizing expenditure offundsand transmittal of budget to Miami-DadeCountyfor final approval. Background: BasedonFlorida Statutes Chapter 163and inter-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. Apublically noticed budget workshop todiscuss the budget was conducted by the South Miami Community Redevelopment AgencyBoardon September 9,2015.The annual budget was adopted by the SMCRA Boardon October 21,2015.Board authorized amendments included the re-allocation ofland acquisition lineitemfundingin 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 shallbe utilized to reimburse the Cityof South Miamifor planning and legal land-use expenditures incurred for the Madison Square project. Recommendation: Staff recommends approval of the attached South Miami Community Redevelopment Agency Budget for fiscal year beginning October 1,2015 and ending September 30,2016;and recommends an expenditure of funds established by the budget and transmittal of approved budget to Miami-Dade County forfinal approval.A copy of the FY 2015-2016 SMCRA adopted budget has been attached as Exhibit A. Attachments: FY 2015-2016 South Miami Community Redevelopment Agency Budget 1 2 RESOLUTION NO. 3 4A Resolution approving the annual South Miami Community 5 Redevelopment Agency budget forfiscal year beginning October 1, 6 2015 and ending September 30,2016;authorizing expenditure of 7 funds and transmittal of budget to Miami-Dade County forfinal 8 approval. 9 WHEREAS,based onFlorida Statutes Chapter 163 and inter-local agreement 10 requirements,the South Miami Community Redevelopment Agency shall adopt an annual 11 revenue and expenditure budget;and 12 WHEREAS,the adopted annual revenue and expenditure budget shall be transmitted 13 to Miami-Dade County for final review and approval;and 14 WHEREAS,a public budget workshop meeting of the South Miami Community 15 Redevelopment Agency Board was conducted on September 9,2015 to review and discuss 16 the budget;and 17 WHEREAS,the annual budget was adopted during a public meeting of the South 18 Miami Community Redevelopment Agency Board on October 21,2015;and 19 WHEREAS,the annual budget for fiscal year beginning October 1,2015 and ending 20 September 30,2016 contains projected revenues and corresponding proposed expenditures 21 in the total amount of $1,383,275;and 22 WHEREAS,the City Commission desires to approve the FY 2015-2016 South Miami 23 Community Redevelopment Agency revenue and expenditure budget to facilitate the goals 24 and objectives of the adopted community redevelopment plan. 25 NOW,THEREFORE,BEIT RESOLVED BYTHE MAYOR AND CITY COMMISSION 26OFTHECITYOF SOUTH MIAMI,FLORIDA: 27 Section 1:The above recitals are true and correct and are incorporated herein by 28 reference. 29 Section 2:The budget of the South Miami Community Redevelopment Agency 30 ("SMCRA")attached as ExhibitA for fiscal yearbeginning October 1,2015andending 31 September 30,2016,was considered at apublic meeting of the "SMCRA"anditis hereby 32 approved and adopted. 33 34 Section 3:The budget shallbe transmitted to Miami-Dade County pursuant to the, 35 City/County Inter-local Cooperation Agreement for the SMCRA. 36 37 38 39 40 Section 4:The funds appropriated in the budget maybe expended in accordance with 41 the provisionsof the budget,the Community Redevelopment Plan,andas authorized by the 42 law. 43 Section 5:If any section clause,sentence,or phrase of this resolution isforany 44 reason held invalidor unconstitutional bya court of competent jurisdiction,the holding 45 shall not affect the validity of the remaining portions of this resolution. 46 Section 6:This resolution shall become effective immediately upon adoption by vote 47 of the City Commission. 48 49 50 PASSED AND ADOPTED this day of ,2015. 51 52 53 ATTEST:APPROVED: 54 55 56 CITY CLERK MAYOR 57 58 READ AND APPROVED ASTO FORM,COMMISSION VOTE: 59 LANGUAGE,LEGALITY AND Mayor Stoddard: 60 EXECUTION THEREOF Vice Mayor Harris: 61 Commissioner Liebman: 62 Commissioner Welsh: 63 CITY ATTORNEY Commissioner Edmond: 64 65 Page 2 of 2 EXHIBIT A FY 2015-2016 SMCRA Board Adopted Budget All-amertcaCtty 2001 SMCRA "Making our Neighborhood a Great Place to Live,Work and Pla/' cnnw (Dff scDunrm emiamhi (TCDfflKflnJEJnTTYr IBIlIDIlWIHLCDlPMIIlMTr j(DnSog(Dn i:lEUJIDCEffiTr JSouth'Miami m (IF I'l I.VvW"i IVINC October 21,2015 MIAMI COUNTY SMCRA FY 2015-2016 ADOPTED BUDGET Table of Contents: Budget Message 1 Community Redevelopment Area Value 2-3 Prior Year Revenues &Expenditures 3 Prior Year 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 AppendixB FY 2015-2016 SMCRA BUDGET MESSAGE Honorable Chair,ViceChair and SMCRA Board Members: 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 redevelopmentareacurrentlycontainssomethe highest valued properties in the Cityof South Miami. During the 2014-2015 Fiscal Year,anestimatedtotalof $1,118,604 wasexpendedonredevelopment projects,initiatives andrelated contractual services.Total expenditures include debt service onthe Agency's long-term bond obligation with Regions Bank.This 2007,2.73 million dollar bond obligation will currently be satisfied during the first quarter of 2015-2016. Major areasof focus during 2014-2015 included thecontinued rehabilitation oftheredevelopment areahousingstock;economic development creationthrough in SMCRA BusinessandCommunity Service Facility andrelatedeconomicdevelopment programs.The on-going focuson meaningful community policing andrelatedbenefitswascontinuedduring2014-2015.Concertedeffortswere alsomadeduring 2014-2015 to build uponpriorinfrastructureandparkimprovementsprojects by completing the SW 69th Street and SW 61st Court pedestrian infrastructure and park improvement projects. Completionof the proposed MadisonSquaremixed-use,affordable housing project also remained a critical objective during 2014-2015.Afterachievingfullsite control,obtaining unanimous mixed-use zoning approvals and selecting project development team,required "gap"financing continues tobe aggressively pursued through the Agency'sexisting partnership.During2014-2015,the Boardworked diligentlyto 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 in the amount of $36,000 andafund balance of $196,743 including funding reserved for the Madison Square project.Corresponding expenditures in the amount of $1,383,275 have been allocated in the 2015-2016 Budget.The upcoming budget continues to implement keygoalsand objectives of the adopted plan including continued residential housing stock improvement,creation of business and economic development opportunities,critical capital improvement project implementation,land acquisition and development of blighted properties and a continued emphasis on effective community policing in support of on-going redevelopment investments in the SMCRA area.In addition,supplemental project funding has been allocated in the budget for Madison Square affordable housing project construction expenditures. The proposed budget is attached for Board review and consideration. Respectfully Submitted, SMCRA AREA ANNUAL ASSESSED VALUATIONS Since the inception of the SMCRA,the South Miami Community Redevelopment Area has steadily increased in taxable value overtime.Listed below are the annual incremental increases in value of the area overtime.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 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 Year Value) Annual Property Value Assesement (SouthMiamiCommunity Redevelopment Area) $400,000,000 $350,000,000 $300,000,000 $250,000,000 $200,000,000 $150,000,000 $100,000,000 $50,000,000 $0 1998 1999 2000 2001 2002 2003 20042005 2006 200720082009 2010 2011 20122013 2014 CITY OF SOUTH MIAMI/SMCRA ASSESED VALUATION MAP South Miami Ad-Valorem Values USD PER SQFT •1 0 00-0 03 ••0 04-007 ••0 08-011 •i 0 12-016 0.17-0 25 0 26-0 37 f"10 38- 0 53- 0 52 0 76 •1 0 77-1 17 •i 1 18-2 22 i 0125 6 2505 Miles| j i i i •i i | ' En;HERE Ddorm*Uk^bw.*Op»"S:rMtM»p onecUri »rc thcGIS City of South Miami Assessed Value Map Community Redevelopment Area PRIOR YEAR EXPENDITURE ESTIMATE In 2014-2015,the SMCRA receivedtaxincrementfinancecontributionsinthetotal amount of$1,018,573. Additional annual revenues in the amount of $296,774 included rent revenues,interest earnings and fund 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.Belowisa 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 $74,517 D Administration •General Fund Transfers •Capital Improvements •Residential Home Improvements •Economic Development -.$14,950 $202,536 $392,014 354 $109,465 $54,195 $44,385 H Legal and Other Uses •Special Redevelopment &Technical Services •Land Acquisition and Property Management •Protective Services and Code Compliance Q Operating 4 FY 2014-2015 REDEVELOPMENT ACCOMPLISHMENTS (SMCRA Affordable HomeOwner Assistance Program) During thefirstquarterof 2014-2015,property closings were held fortwo (2)existing redevelopment arearesidentsforthepurchaseoftwo (2),new L.E.E.D.certifiedaffordablehomeslocatedat6501and 6487SW60th Avenue.All constructed L.E.E.D.homes havenow been soldtoeligible affordable homebuyers.Based ontherequirementsofthe SMCRA Homeowner's Assistance Program preferenceis provided to existing SMCRA arearesidents.Home affordability isincompliancewithapproved H.U.D. guidelines andhomeowners will nowalso realize energy savings asaresultofconstruction efficiency. \th6501SW60in 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 and park 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 approval of residential rehabilatation applications continued during 2014-2015.All annully allocated funding was expended on improving existing housing stock conditions.Typical home improvements included severly damaged roof repairs,repairs to faulty electrical and plumbing systems and overdue termite tenting in an effort to provide long-term home sustainability. In-Progress Roofing Work Completed Roofing Work In-Progress Tenting Work In-Progress Tenting Work (Residential Rehabilitation &JobTrainingProgram) During 2014-2015,the Board authorized continuation ofanexisting SMCRA partnership withtheGreater Miami ServiceCorp.Resultsofthismeaningful partnership facilitate the rehabilitation ofadditional single- family home repairs whileutilizingand training local youth in the fieldof home renovation. In-Progress Home Rehabilitation Work «p= ,*." &*&!•usSs w:~*\ ifl£u|M?P 2 "Ma -3 mM 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 ofthis much needed affordable housing development project.Increasing allowable project density is one of the current method being pursued to enhance development feasibility. SW 5*)"'Place a SW 64"'Street South Miami,FL -, rShcpcn*!ATMrdiU-Homing Ur Jfcht Sxjlh*MLv 2014-2015 Proposed SitePlan (Increased Density)ProposedProjectRendering (Lower Density) (SMCRA Economic Developmentand 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 in the 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. SMCRA Business &Community Service Facility SMCRA Constructed Small Business Component (SMCRA Community Policing Initiative) The SMCRA has consistently supported SMCRA area community policinginitiatives.Two designated officers are asa result knownand respected throughout the CRA community for providing on-going supportandresidentassistance.During 2014-2015,variouscommunity policing projectweresupported by the Boardincluding reactivation of the long awaited andmuch needed PoliceAthleticLeague. 0 SMPD 0 SMPD 0 5MPD '{kBD 0 SMPD0sJ|^^PD0 SMPdJJJ l^^MpD oflU SIVlJ W1PD £il; sivMfl SB SImpd smpdT;Tsmpd^ dm sL 3 Bsmi smpdH It sivn •it leM Community Policing Officer 1 Police Sub-Station Operation Community Policing Officer 2 (SMCRA Commercial Facade Improvement Program) During the 2014-2015 year,the Agency continuedtoencourage local businesstoinitiatestructuraland aesthetic repairstoexistingbusinesses.The SMCRA commercial facade improvement programwasagain utilized to facilitate much needed commercial facade improvements. th(Before)-5818 SW 68™Street th(After)-5818SW 68in 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 FY2014-2015 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 "Total Fund Balance IncludesFundsReservedfor 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-Dade County) •Tax Increment Finance Revenues (Cityof South Miami) ORent Revenues (Business Incubator Facility,Rental Properties) Olnterest 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 accordancewith existing goalsandobjectivescontainedinthe SMCRA adoptedredevelopment plan,the following redevelopment expenditure categories have been developed.Annual Board approved funding allocationsare done soin accordance withthe redevelopment planandare based on current priorityneeds within the SMCRA area.Actual lineitemexpendituresforarecontainedinthe attached budgetanddetailed 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 &Technical Services 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 ExpenditureCategories (Trust Fund Allocation Not Shown) $10,250 $200,701 $49,439 $251,747 •General Fund Transfers D Administrative •Special Redevelopment &Technical Services •Legal &Other Uses •Economic Development,Commercial Improvements 514,950 $109,465 $33,000 $211,784 $45,000 $58,500 •Capital Improvements •Residential Improvement s •Land Acquisition and Property Management •Protective Services and Code Compliance •Operating Expenditures 10 FY 2015-2016 Revenue &Expenditure Budget Projected Revenues FY 2015-2016 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 FUND BALANCE (Unreserved) FUND BALANCE (Reserved forMadison Sqaure Development) Red Road Commons Affordable Housing Contribution TOTAL PROJECTED FY 2015-2016 REVENUES ACTUAL ACTUAL BUDGET ESTIMATE PROJECTED 2012-2013 2013-20142014-2015 2014-2015 2015-2016 545,666 489,337 492,421 492,421 551,069 519,241 535,747526,152 526,152 598,463 1,064,907 1,025,0841,018,573 1,018,573 1,149,532 63,681 33,227 25,000 25,775 33,750 7,948 4,949 5,000 3,257 3,250 918,786 391,172 124,569 187,264 120,541 100,000 100,000 80,478 80,478 76,202 100,000 2,155,322 1,654,432 1,253,620 1,315,347 1,383,275 11 Proposed Expenditure Summary FY 2015-2016 EXPENDITURE SUMMARY ACCOUNT CLASSIFICATION ADMINISTRATION LEGAL &OTHER USES CAPITAL IMPROVEMENTS ECONOMIC DEVELOPMENT &COMMERCIAL IMPROVEMENTS RESIDENTIAL HOME IMPROVEMENTS LAND 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 2015-2016 TOTAL PROPOSED EXPENDITURES 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 12,48014,950 14,950 14,950 33,173 33,173 109,465 109,465 109,465 1,664,150 1,386,6901,253,6201,118,604 984,836 0 0 0 0 398,439 1,664,150 1,386,6901,253,620 1,118,604 1,383,275 12 Proposed Expenditures ADMINISTRATIVE,LEGAL &OTHER USES ACTUAL BUDGET ESTIMATE PROPOSED 2013-2014 2014-20152014-2015 2015-2016 15,272 15,733 15,733 20,257 29,540 32,99032,990 34,499 24,728 22,257 22,257 25,472 86,415 86,415 86,41586,415 ACTUAL ACCTNO ACCOUNT CLASSIFICATION 2012-2013 ADMINISTRATIVE FULL-TIME AGENCY EMPLOYEE SALARIES 1.513-12-10 PROPERTYMANAGEMENTCOORDINATOR(40,078Total,50%Shownfor Administrative Duties)15,272 ADMINISTRATIVE SECRETARY 35,624 COMMUNITY OUTREACHCOORDINATOR(50,944Total,50%Shownfor Administrative Duties)24,728 AGENCY DIRECTOR 86,415 EMPLOYEE HEALTH CARE &BENEFITS 2.513-21-10 FICA 3.513-22-10 PENSION 4.513-22-20 DEFERRED COMPENSATION 5.513-23-10 INSURANCE" 6.513-24-10 WORKERS COMP" TOTAL ADMIN 12,23610,361 12,04212,042 12,042 13,000 2,4262,960 2,960 2,960 0 4,3989,460 9,460 9,460 19,083 18,094 20,206 20,20620,206 420 271 473 473 473 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 TOTAL LEGAL SERVICES &OTHER USES 13 206,778 191,505 202,536 211,784 45,436 $47,764 0 0 30,000 7,486 $1,364 3,462 3,462 3,462 5,857$5,9217,000 7,000 7,000 7,789 8,0367,892 7,892 8,977 66,568 $63,085 18,354 18,354 ^•?j^wy CAPITAL IMPROVEMENTS ACCT NO ACCOUNT CLASSIFICATION INFRASTRUCTURE &STREETSCAPE IMPROVEMENTS 11.541-31-20 PROFESSIONAL SERVICES -Infrastructure Improvements 12.541-34-50 CONTRACTUAL SERVICES -Infrastructure Improvements 13.541-46-70 INFRASTRUCTURE -STREETSCAPE IMPROVEMENTS 14.541-47-10 PRINTING AND BINDING 15.541-63-40 CAPITAL PROJECTS FUNDING CONTRIBUTIONS 16.541-64-50 OTHER INFRASTRUCTURE IMPROVEMENTS 17.541-47-10 PRINTING AND BINDING PARK IMPROVEMENTS 18.572-31-20 PARK IMPROVEMENTS-PROFESSIONAL SERVICES 19.572-34-50 PARK IMPROVEMENTS -CONTRACTUAL SERVICES (Murray Park Field Grant Conthbution) 20.572-64-50 PARK IMPROVEMENTS 14 ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED 2012-2013 2013-2014 2014-2015 2014-2015 2015-2016 5,951 0 1,5001,500 1,500 129,209 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 26,405 13,081 1,000 1,000 1,000 38,503 40,775 7,500 7,500 7,500 500 200 0 0 0 ECONOMIC DEVELOPMENT &COMMERCIAL IMPROVEMENTS ACCT NO ACCOUNT CLASSIFICATION EMPLOYMENT,JOB TRAINING &ENVIRONMENTAL CLEAN-UP INITIATIVES 21.551-31-20 PROFESSIONAL SERVICES 22.551-52-10 CONTRACTUAL SERVICES (Greater Miami JobCorp Partnership) 23.551-21-10 FICA 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 TOTAL ECONOMIC DEVELOPMENT &COMMERCIAL IMPROVEMENTS 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 33 0 0 0 97 0 0 0 29,477 5,114 10,250 5,756 2,500 0 0 10,25 RESIDENTIAL HOUSING IMPROVEMENTS 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-FAMILY REHABILATATION PROGRAM (included in 564-99-30) 36.564-99-30 RESIDENTIAL REHABILATATION PROGRAM TOTAL RESIDENTIAL HOUSING IMPROVEMENTS 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 8,488 30,207 38,862 0 24,662 25,000 0 20,000 50,017 0 19,500 106,504 $66,564 45,000 69,517 25,000 0 20,000 45,000 LAND ACQUISITION,PROPERTY MANAGEMENT ACCT NO ACCOUNT CLASSIFICATION LAND ACQUISITION 37.583-31 -20 PROFESSIONAL SERVICES -Reservedfor Madison Square Development Expenditures 38.583-61 -10 BLIGHTED PROPERTY ACQUISITION -Re-allocatedMadisonSquareLand Acquisition (LineItem8. PROPERTY MANAGEMENT EXPENDITURES 39.583-31-25 AGENCY OWNED PROPERTY EXPENDITURES (Property Taxes,Insurance,etc) 40.583-34-55 AGENCY OWNED PROPERTY MAINTENANCE &REPAIRS PROPERTY MANAGEMENT SERVICES 41.554-12-10 SMCRA PROPERTY MANAGEMENT COORDINATOR (50%Shown tor Operational 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 TOTAL LAND ACQUISITION 17 ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED 2012-2013 2013-2014 2014-2015 2014-2015 2015-2016 0,743 19,522 80,478 4,276 76,202 0 5,960 92,500 1,583 0 11,282 39,964 36,000 36,000 45,235 34,030 25,01921,000 21,000 23,861 22,90922,909 23,60023,600 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 62 69 71 71 71 41,223 $266,185 282,492 282,492 77,253 56,541 $31,588 15,28015,280 1,157 383,890 $418,504 559,133 392,014 •251,74 SPECIAL REDEVELOPMENT &TECHNICAL SERVICES 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 SCHOLARSHIP 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 FICA 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 TOTAL SPECIAL REDEVELOPMENT &TECHNICAL SERVICES 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 17,27815,698 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 7777 0 0 0 235,873 188,846 58,500 54,195 58,500 PROTECTIVE SERVICES &CODE ENFORCEMENT ACCT NO ACCOUNT CLASSIFICATION PROTECTIVE SERVICES LAW ENFORCEMENT -COMMUNITY POLICING INITIATIVES 63.521-12-10 SMCRAAREASUBSTATIONOFFICERS(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 (City 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 SMCRA COMMUNITY OUTREACH COORDINATOR (50%ShowntorOperationalDuties) 74.569-21-10 FICA 75.569-22-10 PENSION 76.569-23-10 INSURANCE 77.569-24-10 WORKERS COMP TOTAL PROTECTIVE SERVICES &CODE ENFORCEMENT 19 ACTUAL ACTUAL BUDGET 2012-2013 2013-2014 2014-2015 ESTIMATE PROPOSED 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 24,72827,203 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 81 375,523 327,117 202,432 202,432 200,70 OPERATING EXPENDITURES ACCT NO ACCOUNT CLASSIFICATION OPERATING EXPENDITURES 78.554-32-10 PROFESSIONAL SERVICES-ANNUAL AUDIT 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 LINE SERVICE 83.554-48-50 REQUIRED LEGAL NOTICE &ADVERTISING 84.554-49-10 LEGAL ADS 85.554-52-10 OPERATING SUPPLIES 86.554-54-10 PUBLICATIONS,SUBSCRIPTIONS &MEMBERSHIPS TOTAL OPERATING EXPENDITURES 20 ACTUAL ACTUAL BUDGET 2012-2013 2013-2014 2014-2015 ESTIMATE PROPOSED 2014-2015 2015-2016 6,000 8,0008,0008,0008,000 0 0 0 0 0 1,734 59 1,300 1,300 1,300 750 0 0 0 0 953 1,2441,250 1,250 1,250 296 350 850 850 850 602 478 0 0 0 3,211 2,840 2,300 2,3002,300 740760 1,2501,2501,250 14,286 13,731 14,950 14,950 14,950 GENERAL FUND TRANSFERS ACCT NO ACCOUNT CLASSIFICATION GENERAL FUND SERVICESTTRANSFERS 87.581-95-00 FUEL-FIELD INSPECTION CAR INSURANCE -FIELD INSPECTION CAR PROCUREMENT SERVICES PRINTING &MAIL-OUT SERVICE PROTECTIVE SERVICES FUEL &EQUIPMENT SMCRA SECRETARY/CITY CLERK SERVICES FINANCE DEPARTMENT RENT COLLECTION &ACCOUNTING LAND-USE CHANGE &ZONING ADMINISTRATION -PLANNING DEPARTMENT CITY MAPPING &PRINTING SERVICES (GIS) HUMAN RESOURCES PROCESSING SERVICES GENERAL COUNSEL LEGAL SERVICES COMMUNITY POOL OPERATING CONTRIBUTION TOTAL GENERAL FUND SERVICES/TRANSFERS TOTAL NET BUDGET EXPENDITURES MADISON SQUARE TRUST FUND ACCOUNT ACCOUNT CLASSIFICATION ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED 2012-2013 2013-2014 2014-2015 2014-2015 2015-2016 800 800 800 800 800 500 500500 500 500 0 0 1,850 1,850 1,850 1,9101,910 1,910 1,910 1,910 3,5823,582 1,733 1,733 1,733 7,096 7,096 7,0967,096 7,096 4,490 4,490 4,490 4,490 4,490 3,8003,800 3,800 3,800 3,800 7,945 7,945 7,945 7,945 7,945 3,0503,0503,0503,050 3,050 26,291 26,291 26,291 50,000 50,000 50,000 33,173 33,173 109,465109,465 109,465 1,664,150 1,386,690 1,253,620 1,118,604 984,836 88.554-34-60 DEVELOPMENT SERVICES -Reserved forMadison Square Land Acquisition &Development Expenditures 89.581 -95-00 PROFESSIONAL SERVICES -Reimbursement for Incurred Project Planning and Land-Use ConsultantFees 0 348,439 50,000 TOTAL MADISON SQUARE TRUST FUND ACCOUNT $398,439 TOTAL BUDGET EXPENDITURES 1,664,150 1,386,690 1,253,620 1,118,604 1,383,275 21 Proposed Expenditure Narrative Administrative 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 The Agency 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 is also in compliance with an inter-local agreement mandated 20% administrative salary cap. Total Administrative Expenditures -$211,784 LegalServices&Other Uses 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$7,000is allocated annuallyas part of 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 -(County Administrative Fee Charge)-Account No.554-99-15 A total amount of$8,977hasbeen allocated in the FY 2015-2016 Budgetfor required Miami-Dade County administrative processing fees assessed toall Community Redevelopment Agencies. 22 Capital Improvements 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 with previously completed park improvement including the Marshall Williamson park pavilion,restroom building construction,tennis court restoration and park lighting enhancements. Economic Development &Commercial Improvements Small Business Assistance Grants &Economic Development Training 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 (line items 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 program with the Greater Miami Service Corp.A total of $2,500 has been allocated for small business grant programs and an amount of $2,500 for commercial fagade rehabilitation projects. Residential Housing Improvements Affordable Housing Rehabilitation SMCRA Budget Line Item 34.36 -(Affordable Housing Rehabilitation)-Account No.564-99-35; 564-99-30. Atotal amount of $45,000 has been allocated for affordable housing initiatiatives including $25,000 for the SMCRA Homeowner's Assistance Programfornew affordable homes and $20,000 for rehabilitation of the existing SMCRA area housing stock. 23 Land Acquisition &Property Management Professional Services &Land Acquisition SMCRA Budget Line Item 37.38 -(Professional Services &Property Acquisition)-Account No. 583-31-20;583-61-10. A total amount of $76,202 as part of the Agency's existing fund balance reserved for Madison Square mixed-use redevelopment project expenditures including key property purchase associated with the project and project development and construction expenditures.Previously allocated funding for land acquisition has been re-allocated to the Madison Square Trust fund for 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 for all 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 for building maintenance and repairs for Agency owned improved properties at 6415 and 6429 SW 60th Avenue and 5825 SW 68th 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 for partial 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 -(Regions Bank Debt Service Payment)-Account No.583-71- 10;and 583-72-10. A total amount of $78,410 has been allocated in the 2015-2016 budget as afinal debt service payment for a 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 for elderly 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 forSMCRA plan encouraged scholarship programs forSMCRA 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. A total 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 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 City of 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. FY 2015-2016 Net Expenditures -$1,252,316 Madison Square Trust Fund Madison Square Trust Fund SMCRA Budget Line Item 88 -(Madison Square Trust Fund Account) A total amount of $348,439 has been allocated in the 2015-2016 budget forland acquisition and development expenditures associated with the Madison Square mixed-use,affordable housing project. SMCRA Budget Line Item 89 -(Madison Square Trust Fund Account) A total amount of $50,000 has been allocated in the 2015-2016 budget as a reimbursement for Cityof South Miami incurred expenditures for planning and legal land-use consultant fees required for Madison Square project development. Atotal amount of $398,439 has been allocated in the 2015-2016 budget forMadison Square land acquisition and development expenditures. Total FY 2015-2016 Expenditures -$1,383,275 26 APPENDIX A Miami-Dade County Formatted Budget South Miami Community Redevelopment Agency FY 2015-2016 Budget -Miami-Dade County Format Revenues 2012-2013 Budget Actual 2013-2014 Budget Actual 2014-2015 Budget Adopted 2014-2015 Budget Estimate 2015-2016 Budget Proposed City Tax Increment Revenue $545,666 $489,337 $492,421 $492,421 $551,069 County Tax Increment Revenue $519,241 $535,747 $526,152$526,152 $598,463 Cash Carryover $1,018,786 $391,172 $124,569 $187,264 $120,541 Cash Carryover Reserved for Madison Square Grant Project $100,000 $80,478 $80,478 $76,202 All Other Revenues (Rent Revenues)$63,681 $33,227 $25,000 $25,775 $33,750 Interest Earnings $7,948 S4,949 $5,000 $3,257 $3,250 Development Agreement Contribution for Affordable Housing $100,000 $0 $0 $0 Revenue Total $2,155,322 $1,654,432 $1,253,620 $1,315,347 $1,383,275 Expenditures Administrative Expenditures: Employee Salary and Fringe (Smcra Line item 1-6)$201,245 $191,505 $202,536 $202,536 $211,784 Professional/Contractual Services $0 $0 SO $0 so Other Administrative $0 $0 $0 $0 so Subtotal Admin Expenses%$201,245 $191,505 $202,536 $202,536 $211,784 County Administrative Charge at 1.5%(smcra Line item 10)$7,789 $8,036 $7,892 $7,892 $8,977 (A)Subtotal Adm Exp &County Charge $209,034 $199,541 $210,428 $210,428 $220,761 Operating Expenditures: Employee Salary and Fringe (Smcra Line item41-45&73-77)$63,390 $65,418 $68,266 $68,266 $63,191 Professional/Contractual Services (Line item 21,22,26,37,88)$88,634 $24,772 $86,728 $8,026 $479,891 Legal Services/Court Costs (smcra Line item 7,87)$49,855 $50,000 $26,291 $26,291 $30,000 Land/Building Acquisitions (Land Acquisition Funding Contained in Trust Account)$0 $5,960 $92,500 $1,583 $0 Infrastructure Improvements (smcra Line item 11-13,18-20)$220,905 $108,852 $32,000 $37,552 $33,000 Building Construction Improvements (smcra Line item40)$38,260 $25,019 $21,000 $21,000 $23,861 Redevelopment Grants Issued Out (Line item27,28,34,36,48-51)$171,513 $122,440 $94,500 $101,565 $94,500 Debt Service Bond Payments (smcra Line item 46,47)$297,764 $297,772 S297.772 $297,772 $78,410 Marketing,Special Events (smcra Line item52-57)$83,456$79,787$14,000 $9,695 $14,000 Transfers Out to Others (smcra Line item,63-72,87)$375,640 $342,293 $248,723 $275,014 $275,014 Other Operating Advertising and Legal Notices (smcra Line item 83,84)$568 $828 S850 $850 $850 Travel &Conference (smcra Line item so)$0 $59 $1,300$1,300 $1,300 Employee Training (smcra Line item81)SO $0 $0 $0 SO Property Taxes,Insurance,Utilities (smcra Line item 39)$40,092 $39,964 $36,000 $36,000 $45,235 Audits and Studies (smcra Line item 78)$6,000 $8,000$8,000$8,000 $8,000 Publications &Memberships (smcra Line item 86)$1,053 $760 $1,250 $1,250 $1,250 Office Supplies &Equipment (Smcra Line item 85)$3,340 $2,840$2,300 S2.300 $2,300 Telephone &Communication Lines (smcra Line item 82)$646 $1,244 $1,250 $1,250 $1,250 Other Oper.Expenses -Board Member Discretionary Funds (Line 9)$7,000 $7,000 $7,000 S7.000 $7,000 (B)Subtotal Oper.Expenses $1,448,116 $1,183,008 $1,039,730 $904,714 $1,159,052 (C)Reserve/Contingency (smcra Line item 8)$7,000 $4,141 $3,462 $3,462 $3,462 Expenditure Total (A+B+C)$1,664,150 $1,386,690 $1,253,620 $1,118,604 $1,383,275 Cash Position (Rev-Exp)$491,172 $267,742 $196,743 SMCRA 2015-2016 Redevelopment Projects Madison Square Project Development $0 $0 $100,000 $19,522 $76,202 Madison Square Affordable Housing Land Acquisition/Construction $0 $0 $0 $0 $398,439 Roadway Infrastructure Improvements $304,872 $129,051 $33,000 $49,385 $33,000 Murray Park Community Pool $0 $100,000 $50,000 S50.000 $50,000 Residential Rehabilitation,Purchase Assistance for New Construction $77,525 $102,419 $47,500 $72,017 $47,500 Commercial Facade Improvement Initiative jj $12,000 $1,950 $2,500 $2,500 $2,500 Blighted Property Purchase (Reallocated to Madison Square TrustAccount)$92,500 $1,583 $0 Totals $394,397 $333,420 $325,500 $195,007 $607,641 APPENDIX B SMCRA Administrative Organizational Chart SMCRA ADMINISTRATIVE ORGANIZATIONAL CHART Agency Director Administrative Secretary Community Outreach Property Management Coordinator Coordinator/Receptionist October 1,2015