Res No 034-17-14835RESOLUTION NO.034-17-14835
A Resolution approving the annual South Miami Community
Redevelopment Agency budget for Fiscal Year beginning October 1,2016
and ending September 30,2017;approving the appropriations and
anticipated expenditure of the funds and authorizing the Agency to
transmit the budget to Miami-Dade County for final approval.
WHEREAS,Florida Statutes Chapter 163 guidelines require that community
redevelopment agencies operating in the State of Florida to adopt an annual revenue and
expenditure budget;and
WHEREAS,following the adoption of the South Miami Community Redevelopment
Agency (SMCRA)budget byits Board,the budget is required to be transmitted to the Miami-
Dade Board of County Commissioners for final approval;and
WHEREAS,a public workshop to discuss the proposed budget was held by the SMCRA
on September 12,2016;and
WHEREAS,following the budget workshop,amendments were made to the budget,
including funding reductions in the administrative category and increases in the Madison
Square development account;and
WHEREAS,the SMCRA Board approved FY 2016-2017 budget contains the following
funding sources:annual revenues -$1,317,128,rent revenues and interest earnings -$37,344
andcash carry-over -$471,958;and
WHEREAS,total FY 2016-2017 combined funding sources equal$1,826,430 and total
combined FY 2016-2017 contemplated expenditures equal $1,826,430;and
WHEREAS,the City Commission desires to adopt the budget approved by the SMCRA
Board for Fiscal Year 2016-2017.
NOW,THEREFORE,BEIT RESOLVED BYTHE MAYOR AND CITY COMMISSION OFTHE
CITYOF SOUTH MIAMI,FLORIDA:
Section 1:The above recitals are true and correct and are incorporated herein by
reference.
Section 2:The South Miami Community Redevelopment Agency budget for FiscalYear
beginning October 1,2016 and ending September 30,2017,a copy of which is attached
hereto and made a part hereof by reference,is hereby approved and adopted.
Res.No.034-17-14835
Section 3:The budget shall be transmitted to Miami-Dade County pursuant to the,
County's Inter-local Cooperation Agreement with the Cityof South Miami.
Section 4:The funds appropriated in the budget may be expended in accordance with
the provisions of the budget,the Community Redevelopment Plan,and as authorized by the
law.
Section 5:If any section clause,sentence,or phrase of this resolution is for any reason
held invalid 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 AND ADOPTED this 1^dayof March,2017.
Page 2 of2
APPROVED:
COMMISSION VOTE:4-1
Mayor Stoddard:Yea
Vice Mayor Welsh:Yea
Commissioner Liebman:Nay
Commissioner Harris:Yea
Commissioner Edmond:Yea
SoutmMiami
CITY OF SOUTH MIAMI
OFFICE OF THE CITY MANAGER
INTER-OFFICE MEMORANDUM
THR CITY OF PLEASANT LIVING
To:The Honorable Mayor &Members of the City Commission
Via:Steven Alexander,City Manager
From:Stephen David,SMCRA Director
Date:March 1,2017 Agenda Item No.:_
AMENDED VERSION
RESOLUTION:
A Resolution approving the annual SMCRA budget for Fiscal Year beginning October 1,2016
and ending September 30,2017;approving an-expenditure of funds and authorizing the
Agency to transmit the budget to Miami-Dade County for final approval.
BACKGROUND:
Based on Florida Statutes and inter-local agreement requirements,the South Miami
Community Redevelopment Agency is required to approve an annual revenue and expenditure
budget.In order to comply with this requirement,the Board approved the FY 2016-2017
SMCRA Budget on October 17,2017 (See Exhibit A).Following SMCRA Board approval,the
annual budget typically proceeds to the South MiamiCity Commission for budget ratification.
The budget is then transmitted to the Miami-Dade Boardof County Commissioners forfinal
approval.
On December 20,2016,the City Commission approved the FY 2016-2017 SMCRA Budget with
significant budget amendments.However,the budget amendments initiated by the City
Commission were not signed-off onby South MiamiCity Attorney.Based on the fact that
Miami-Dade County requests budget approvals from both the SMCRA Board and City
Commission,a solution to the current impasse is required to continue with planned
redevelopment activities.
RECOMMENDATION:
SMCRA Staff recommends approval of the budget for Fiscal Year beginning October 1,2016and
ending September 30,2017;approving an expenditure of the funds and authorizing the Agency
to transmit the budget to Miami-Dade County forfinal approval.A copy of the SMCRA Board
approved budget package is attached as Exhibit A.
ATTACHMENTS:
SMCRA Board Approved FY 2016-2017 Budget
Draft Resolution
EXHIBIT A
SMCRA Board Approved FY 2016-2017 Budget
MhUinfcaCiti
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2001
SMCRA
"Making our Neighborhood a Great Placeto Live,Work and I'lay"
city or south minim
communiTY
RiDEYElOMIIinT flOCflOY
FT 9016-9017
ADOPTED BUDGET
Soutlf Miami 0ctober 17>2016
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FY 2016-2017 SMCRA PROPOSED BUDGET
Table of Contents:
Budget Message 1
Community Redevelopment AreaValue 2-3
2014-2015 Audited End of Year Fund Balance 4
2015-2016 Estimated Revenues 5
2015-2016 Estimated Expenditures 6
2015-2016 Estimated End of Year Fund Balance 7
2015-2016 Project Accomplishments 8-12
2016-2017 Projected Revenues 13
2016-2017 Beginning of YearFundBalance 14
2016-2017 Proposed Expenditures 15
2016-2017 Proposed Revenue &Expenditure Budget 16-26
2016-2017 Proposed Expenditure Narrative 27-31
2016-2017 Miami-Dade County Formatted Budget 32
SMCRABoard Approved Resolution 33
(October17,2016)
FY 2016-2017 SMCRA BUDGET MESSAGE
Honorable Chair,ViceChair&SMCRABoard Members:
During Fiscal Year 2015-2016,the South Miami CommunityRedevelopmentAgencyreceivedtotal
tax increment financing (TIF)revenues inthe amount of $1,149,532representing 5096 of total TIF
revenues.Thetotal TIF increasefrom the prior fiscal yearwas $130,959.The estimated TIF revenue
increasefor Fiscal Year2016-2017isprojectedtobe$167,596.Thecorresponding2015assessed
valuefor all propertieslocatedwithin the SMCRA area isestimatedtobe$368,901,307.The2015
projected valueof$368,901,307iscomparedtothe1999baseyearvalueof$69,238,058.
During the prior fiscal year,theAgencyexpendedanestimatedtotalof$923,426.Revenueswere
expended within the following community redevelopment categories:capital improvements;
economic development;residentialhousing improvements;landacquisition;property
management;special redevelopment andtechnicalservices;community policing;legalservices;
administration.Boardauthorizedprojectsincluded area-wide pedestrian sidewalkrepairsand
street intersection improvements,the continued rehabilitation of the existing housing stock,
economic development and business creation through the Business &Community Service Facility.
During the priorfiscalyear,the Agency continued to pursue development financing opportunities
needed to construct the MadisonSquare mixed-use,affordable housing project.Efforts to increase
existing project density andrelatedlandacquisition efforts are currently underway.Asaresult of
these Board endorsed initiatives,private development interest increasedduring the latterhalf of
the fiscalyear.
During Fiscal Year 2016-2017,the SMCRAis projected toreceive total TIF funding contribution in
the amount of $1,317,128representinga 22%increase from theprior year.Including cash carry
over revenues resultingfrom the Board designated MadisonSquare development account,annual
rent revenues and interest earnings,total revenues for Fiscal Year 2016-2017 are projected to be
$1,826,430.The FY 2016-2017 budget continues to implementidentifiedgoalsandobjectives
contained in the adopted community redevelopment planincluding on-going improvement of the
existing housing stock,economic development andbusiness creation initiatives,capitalprojects
andinfrastructure improvements,SMCRA areapark enhancements andblightedproperty
acquisitionand conveyance of foraffordablehousing development.TheBoardalsointends to
continue to focuson community policingtoaddress comprehensive community improvement in
the SMCRA area.
Basedon the above referenced TIF revenue increases,additional funding shallbeallocatedto the
MadisonSquare development account inan effort to complete thisvitalaffordablehousing
initiative.The FY 2016-2017 proposed revenue and expenditure budget has been attachedfor
Board review and consideration,
Respectfully Submitted,
Trector
SMCRA ASSESED AREA VALUE
Sinceit'sinception,the SouthMiamiCommunity Redevelopment Areahassignificantly increased in
taxable value over time.As indicated below,since the baseyear value of $69,238,058,the area value
has increased toapreliminary 2015 assessment estimate of $368,901,307.Annual TIF revenue
contributions are based on annual increases in area assessed value.
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0 19981999 200O~206T2T)O2^~0T2l)04~2OT5~2606^0f^M8^0W~2^(TlmT20i2 2013~20T4~2015
••Assessment Year •••Assessed AreaValue —Linear (Assessed Area Value)
Assessment Year
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
Assessed Value
$368,901,307 (Preliminary 2015 Assessment)
$315,178,793
$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 Assessment)
SMCRA Assessed Area Value
CITY OF SOUTH MIAMI &SMCRA AREA ASSESED VALUES
§@uth Mfami h&VM\mm Values
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Cityof South Miami Assessed ValueMap -Community Redevelopment Area
FY 2014-2015 END OF YEAR AUDITED FUND BALANCE
Fund Balance Description Amount
Unreserved Fund Balance $132,306
Reserved Fund Balance (Madison Square)$76,202
FY 2014-2015 Total Audited Fund Balance $208,508
Reserved Fund
Balance (Madison
Square),$76,202,
37%
FY 2014-2015 End of Year Audited Fund Balance
$208,508
-Unreserved Fund
Balance,$132,306,
63%
FY 2015-2016 ESTIMATED REVENUES
FY 2015-2016 Revenue Source Revenue Amount
Tax Increment Contribution (County)$598,463
Tax Increment Contribution (City)$551,069
Rent Revenues $33,750
Interest Earnings $3,594
Total Estimated Revenues $1,186,876
50%Tax Increment
Contribution (City),
$551,069,47%
FY 2015-2016 Estimated Revenues
$1,186,876
Rent Revenues,
$33,750,3%
Interest Earnings,
$3,594,0%
50%Tax Increment
Contribution
(County),$598,463,
50%
2015-2016 ESTIMATED EXPENDITURES
Basedon total estimated revenues in the amountof $1,186,876,the following estimated
expenditures were incurred during FY 2015-2016:
Estimated Expenditures
Redevelopment Category
Administration
Legal&Other Uses
Capital Improvement
Economic Development/Commercial Improvements
Residential Home Improvements
Land Acquisition
Property Management
Special Redevelopment &TechnicalServices
Protective Services
Operating Expenditures
General Fund Transfers
Madison Square TrustFund
Total Estimated Expenditures
Expenditure Amount
$211,784
$42,118
$30,000
$5,593
$20,000
$78,410
$93,219
$56,752
$200,701
$13,439
$109,465
$61,945
$923,426
2015-2016 Estimated Expenditures -$923,426
General Fund Madison Square
Transfers,$109,465,Development Account
12%\$61,945,7%
Operating
Expenditures,$13,439,
1%
Protective Services,
$200,701,22%
Special Redevelopment
&Technical Services,
$56,752,6%Property Management,
$93,219,10%
Administration,
$211,784,23%
Land Acquisition .
$78,410,8%
Legal&Other Uses,
$42,118,5%
Capital Improvements,
$30,000,3%
Economic
Development/Commer
cial Improvements,
$5,593,1%
Residential Housing
Stock Improvement,
$20,000,2%
,.\
FY 2015-2016 ESTIMATED END OF YEAR FUND BALANCE
Fund Balance Breakdown Amount
2015-2016 FundBalance -Revenues ($1,186,876)Minus Expenditures (-$923,426)$263,450
2014-2015 AuditedFund Balance (Unexpended)$208,508
Total Estimated 2015-2016 Fund Balance $471,958
2014-2015 Audited
Fund Balance
(Reserved),$76,202,
16%
2014-2015
Audited
Fund
Balance
($208,508)
2014-2015 Audited
Fund Balance
(Unreserved),
$132,306,28%
FY 2015-2016 Estimated Fund Balance
$471,958
2015-2016
Estimated
Fund Balance
(263,450)
Revenues Minus
Expenditures,
$263,450,56%
FY 2015-2016 REDEVELOPMENT ACCOMPLISHMENTS
(Legal Services-Building Condominium Conversion)
During the 2015-2016 Fiscal Year,the Board allocated funding for legal services in the
amountof$30,000toconvertthe Agency operated Business &Community Service Facility
intoa building condominiumformat containing for-profitand non-for-profit office folio
numbers.As aresultof the conversion,propertytaxesreductionscanbe expected byat
least fifty percent (50%)during FY 2016-2017.During FY 2015-2016,the Agency continued
to facilitate much needed small business development and community service
opportunities in this SMCRA constructed facility located at 5825 SW 68th Street,South
Miami,FL
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Delineation of For-Profit&Non-For-Profit Building Uses Start-Up Business &Community Service Facility
(Capital Improvements)
During the 2015-2016 Fiscal Year,the Board authorized completion ofcritical sidewalk
tripping hazards throughout the community redevelopment area includinga required
funding reimbursement to the Cityof South Miami for50%of the 2016 repairs.
/
SidewalkTrippingHazzardRepairWork(SW68thSt.)Completed Sidewalk Tripping Hazzard Repairs(SW 61st Ct.!
8
FY 2015-2016 REDEVELOPMENT ACCOMPLISHMENTS
(Capital Improvements)
During the later half of 2015-2016,the Board authorized infrastructure
improvement funding in the amount of $8,960 to restore existing intersection
crosswalksat SW 64th St.and SW 59th Place.Following Miami-Dade Countytraffic
approval,this existing safety concern shallbe mitigated for the on-going benefit of
local pedestrians and motorists.
Existing Street Intersection Conditions Existing Intersection Aerial Photograph
(Residential Housing Stock Improvements)
During the 2015-2016 Fiscal Year,the Board authorized funding in the amount of
$20,000 to facilitate continued housingstock improvements in throughout the
community redevelopment area.The vast majority of the homes improved
required major structural repair of substantially damaged exterior roofing.
RoofRepairUnderConstruction (6335 SW 59lh Avenue)RoofRepairUnderConstruction(6091SW63rdStreet)
,I
FY 2015-2016 REDEVELOPMENT ACCOMPLISHMENTS
(Affordable Housing Construction)
Construction of the sixth L.E.E.D.certified affordable home commenced during
2015-2016.This undersized parcel will soonyieldan additional highquality,energy
efficient,affordable home foran SMCRA area resident.Current development
partners,the MiamiDadeAffordableHousingFoundationhave expressed a desire
to develop additional blighted parcels in the SMCRA area.
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L.E.E.D.Certified Home Foundation Construction L.E.E.D.Certified Home Insulated Wall Construction
(Commercial Facade Rehabilitation)
This year's commercialfacadepilotprojectwasthe Fellowship Houseat5711
South Dixie Highway.During the laterhalfof the fiscal year,the Board authorized
entering intoa commercial facade grant agreement with the Fellowship House to
enhance existing exterior security lighting andrelated facade improvementsalong
an existing SMCRA commercial corridor.
Existing Commercial Facade Before Conditions
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Existing Commercial Facade Before Conditions
10
FY 2015-2016 REDEVELOPMENT ACCOMPLISHMENTS
(Affordable HousingConstruction Financing initiative)
During the 2015-2016 Fiscal Year,the Board continued to pursue required
construction financing needed to construct the Madison Square mixed-use,
affordable housing project.During the beginningof the fiscalyear,the Board
allocated a portion of the required gapfinancing needed to development the
project.TheBoardalso authorized necessary increases in project density and
supplemental land acquisition to enhance project development interest.
ProposedMadisonSquareDevelopmentScenario
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Board Approved Land Acquisition &RezoningStrategyBoardEndorsed Townhome Development Type(Site3)
(Special Redevelopment &Technical Services)
Special Events
During FY 2015-2016,the Board continued to support meaningful,economic
development related special events in the SMCRA area including the annual
MLK/Black History Parade and the Juneteenth historic events.
2016 MLK/Black History Parade Performers 2016 MLK Parade City Commission Ride
11
FY 2015-2016 REDEVELOPMENT ACCOMPLISHMENTS
(Special Redevelopment &Technical Services)
During the 2015-2016 Fiscal Year,the Board allocated funding in the total amount of
$44,500 in the special redevelopment andtechnicalservicescategorytoassistin
providing elderly care services and academic scholarships forlocal SMCRA area residents.
Elderly care services are currently provided by the Thelma Gibson Health organization
and SMCRA scholarships include the James T.Bowman Scholarship and the Summer and
After School program scholarships.
Former Bowman Recipient &Current College Graduate South Miami Senior Center Elderly Care Service Center
(Community Policing Initiative)
Thecommunityredevelopmentplanencouragesthe Agency tofund policing programs in
the community redevelopmentarea.The importance of establishing meaningful
community relations has become evident in today's society.TheBoard continues to
support thegoalsofobjectivesof meaningful community policing.As aresultofthis
community policing effort,twodedicatedcommunity officers have played a critical role in
maintaining excellent relationswith redevelopment area residents.
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SMCRA Area Community Officer SMCRA Board Endorsed P.A.L.Organization SMCRA Area Community Officer
12
FY 2016-2017 PROJECTED REVENUES
FY 2016-2017 Revenue Source Revenue Amount
Tax Increment Contribution (County)$685,598
Tax Increment Contribution (City)$631,530
Rent Revenues $33,750
Interest Earnings $3,594
Total Projected Revenues $1,354,472
Tax Increment
Contribution (City),
$631,530,47%.
FY 2016-2017 Projected Revenues
$1,354,472
Rent Revenues,
$33,750,2%
13
Interest Earnings,
$3,594,0%
Tax Increment
Contribution (County),
$685,598,51%
FY 2015-2016 ESTIMATED FUND BALANCE
Fund Balance Source Amount
2014-2015 Audited Fund Balance (208,508)+2015-2016 Estimated Fund Balance (263,450)=$471,958
2014-2015 Fund
Balance (Reserved),
$76,202
2014-2015
Audited
Fund
Balance
($208,508)
2014-2015 Fund
Balance (Unreserved),
$132,306
2015-2016 Estimated Fund Balance
$471,958
14
2015-2016
Estimated
Fund Balance
(263.450)
201672017 Revenues
Minus Expenditures
$263,450
FY 2016-2017 PROPOSED EXPENDITURES
Based ontotalprojected funding including revenues and fund balance totaling $1,826,430,the
following expenditures are proposed for the 2016-2017 FiscalYear:
Proposed Expenditures
Redevelopment Category
Administration
Legal&Other Uses
Capital Improvement
Economic Development/Commercial Improvements
Residential Home Improvements
Land Acquisition
Property Management
Special Redevelopment &Technical Services
Protective Services
Operating Expenditures
General Fund Transfers
Madison Square TrustFund
Total Estimated Expenditures
Expenditure Amount
$178,782
$32,284
$63,650
$13,750
$55,000
$437,002
$91,519
$58,500
$215,238
$21,150
$109,465
$550,090
$1,826,430
FY2016-2017 Proposed Expenditures ™™w*w
Madison Square
Development Account,
550,090,28%
General Fund
Transfers,$109,465,
6%
Operating
Expenditures,$21,150
1%
Protective Services,.
$215,238,12%
Special
Redevelopment &
Technical Services,
$58,500,3%
15
Legal&Other Uses,
$32,284,2%
Capital Improvements,
$63,650,3%
Economic
Development/Commer
cial Improvements,
$13,750,1%
Residential Housing
Stock Improvement,
$55,000,3%
Land Acquisition,
$437,002 24%
Property
Management,
$91,519,5%
2016-2017 Projected Revenues
FY 2016-2017 PROJECTED FUNDING SOURCES
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(ReservedforMadison Sqaure Development)
Red Road Commons Affordable Housing Contribution
TOTAL PROJECTED FY 2016-2017 REVENUES
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2013-2014 2014-2015 2015-2016 2015-2016 2016-2017
16
489,337 492,421 551,069 551,069 631,530
535,747 526,152 598,463 598,463 685,598
1,025,084 1,018,573 1,149,532 1,149,532 1,317,128
33,227 25,842 33,750 33,750 33,750
4,881 3,594 3,250 3,594 3,594
391,172 187,264 120,541 132,306 395,756
100,000 80,478 76,202 76,202 76,202
100,000 0 0 0 0
1,654,364 1,315,751 1,383,275 1,395,384 1,826,430
2016-2017 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
17
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2013-2014 2014-2015 2015-2016 2015-2016 2016-2017
191,505 202,536 211,784 211,784 178,782
63,085 18,329 49,439 42,118 32,284
79,051 35,235 33,000 30,000 63,650
5,114 5,001 10,250 5,593 13,750
66,564 74,168 45,000 20,000 55,000
418,504 396,072 251,747 171,629 528,521
188,846 55,917 58,500 56,752 58,500
327,117 202,432 200,701 200,701 215,238
13,731 13,290 14,950 13,439 21,150
33,173 109,465 109,465 109,465 109,465
1,386,690 1,112,445 984,836 861,481 1,276,340
0 0 398,439 61,945 550,090
1,386,690 1,112,445 1,383,275 923,426 1,826,430
2016-2017 Proposed Revenue &Expenditure Budget
ADMINISTRATIVE,LEGAL &OTHER USES
ACCT NO
ACCOUNT CLASSIFICATION
ADMINISTRATIVE
FULL-TIME AGENCY EMPLOYEE SALARIES
1.513-12-10 PROPERTY MANAGEMENT COORDINATOR (50%Shownfor Administrative Duties)
ADMINISTRATIVE SECRETARY
COMMUNITY OUTREACHCOORDINATOR(50%Shownfor Administrative Duties)
AGENCY DIRECTOR
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 ADMINISTRATION
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
18
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2013-2014 2014-2015 2015-2016 2015-2016 2016-2017
15,272 15,733 20,257 20,257 20,883
29,540 32,990 34,49934,499 1,278
24,728 22,257 25,472 25,472 26,260
86,415 86,415 86,415 86,415 91,774
10,361 12,042 12,042 12,042 10,725
2,426 2,960 2,960 2,960 1,418
4,398 9,460 9,460 9,460 7,975
18,094 20,206 20,206 20,206 18,049
271 473 473 473 420
191,505 202,536 211,784 211,784 178,782
$47,764 0 30,000 25,000 10,000
$1,364 3,437 3,462 1,141 5,000
$5,921 7,000 7,000 7,000 7,000
8,036 7,892 8,977 8,977 10,284
$63,085 18,329 49,439 42,118 32,284«J
CAPITAL IMPROVEMENTS
AQCTNO ACCOUNT CLASSIFICATION
INFRASTRUCTURE &STREETSCAPE IMPROVEMENTS
11.541-31-20 PROFESSIONAL SERVICES-InfrastructureImprovements
12.541-34-50 CONTRACTUAL SERVICES-InfrastructureImprovements
13.541-46-70 INFRASTRUCTURE -STREETSCAPE IMPROVEMENTS
14.541-47-10 PRINTING ANDBINDING
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 Parte Raid Grant Contribution)
20.572-64-50 PARK IMPROVEMENTS
TOTAL CAPITAL IMPROVEMENTS
19
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2013-2014 2014-2015 2015-2016 2015-2016 2016-2017
0 1,500 1,500 0 2,000
24,995 15,000 15,000 15,000 41,650
0 7,950 8,000 8,000 10,000
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
13,081 877 1,000 0 2,500
40,775 9,908 7,500 7,000 7,500
200 0 0 0 0
79,051 35,235 33,000 30,000 63,650
ECONOMIC DEVELOPMENT &COMMERCIAL IMPROVEMENTS
ACCTNO ACCOUNT CLASSIFICATION
ECONOMIC DEVELOPMENT TRAINING &BUSINESS ASSISTANCE
21.551-31-20 PROFESSIONAL SERVICES
22.551 -52-10 CONTRACTUAL SERVICES (GreaterMiami JobCorpPartnership)
23.551-21-10 FICA
24.551-24-10 WORKERS COMP
25.551-47-10 PRINTING ANDBINDING
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
20
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2013-2014 2014-2015 2015-2016 2015-2016 2016-2017
0 0 1,250 500 1,250
847 1,884 2,500 93 2,500
78 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 1,500 1,500 2,500
2,239 1,250 2,500 1,000 2,500
,950 1,867 2,500 2,500 5,000
0 0 0 0 0
0 0 0 0 0
5,114 5,001 10,250 5,593 13,750
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 in584-99.30)
36.564-99-30 RESIDENTIAL REHABILATATION PROGRAM
TOTAL RESIDENTIAL HOUSING IMPROVEMENTS
21
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2013-2014 2014-2015 2015-2016 2015-2016 2016-2017
3,040
0
0
38,862 44,813
0 0
24,594 24,151
25,000
0
20,000
$66,496 68,964 45,000
0
20,000
20,000
25,000
0
30,000
55,000
LAND ACQUISITION,PROPERTY MANAGEMENT
ACCT NO ACCOUNT CLASSIFICATION
LAND ACQUISITION
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2013-2014 2014-2015 2015-2016 2015-2016 2016-2017
37.583-31-20 PROFESSIONAL SERVICES-Reserved for Madison Square Development Expenditures 19,522 4,276 76,202 076,202
38.583-61-10 BLIGHTED PROPERTY ACQUISITION -Re-aDccated Madison Square Land Acquisition (Line Items 5,960 5,646 0 0360,800
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 for Operational Duties)
42.554-21-10 FICA
43.554-22-20 DEFERRED COMPENSATION
44.554-23-10 INSURANCE
45.554-24-10 WORKERS COMPENSATION
46.
47.
DEBT SERVICE FOR SMCRA ACQUIRED PROPERTIES
583-71-10 ANNUAL REGIONS BANK PRINCIPAL PAYMENT
583-72-10 ANNUAL REGIONS BANK INTEREST PAYMENT
TOTAL LAND ACQUISITION
22
39,964
25,019
35,996
21,001
45,235
23,861
43,500
21,680
40,000
23,000
22,909 23,600 20,256 20,256 20,883
1,7531,806 1,806 1,806 1,598
1,604 1,652 1,652 1,652 1,462
3,931 4,254 4,254 4,254 4,513
69 71 71 71 63
$266,185
$31,588
282,492
15,280
77,253
1,157
77,253
1,157
$418,504 396,074 251,747 171,629 528,521
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
58.513-12-10
59.513-21-10
60.513-22-10
61.513-23-10
62.513-24-10
GRANT WRITING SERVICES
GRANT WRITER
FICA
PENSION
INSURANCE
WORKERS COMPENSATION
TOTAL SPECIAL REDEVELOPMENT &TECHNICAL SERVICES
23
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2013-2014 2014-2015 2015-2016 2015-2016 2016-2017
40,000 20,000 19,500 19,500 19,500
10,000 15,750 15,000 15,000 15,000
19,932 10,000 10,000 10,000 10,000
0 0 0 0 0
47,542 0 0 0 0
3,189 0 0 0 0
7,166 0 0 0 0
6,108 0 0 0 0
84 0 0 0 0
15,698 10,167 14,000 12,252 14,000
28,619 0 0 0 0
2,189 0 0 0 0
2,003 0 0 0 0
6,239 0 0 0 0
77 0 0 0 0
188,846 55,917 58,500 56,752 58,500
PROTECTIVE SERVICES &CODE ENFORCEMENT
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 (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%ShownforOperational Duties)
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
24
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2013-2014 2014-2015 2015-2016 2015-2016 2016-2017
140,254 115,756 115,756 115,756 129,150
12,068 8,855 8,855 8,855 9,880
30,799 21,446 21,446 21,446 17,952
13,775 14,180 14,180 14,180 18,050
4,885 5,312 5,312 5,312 5,927
66,515
5,651
9,838
9,793
171
24,728 27,203 25,472 25,472 26,260
1,892 2,081 2,081 2,081 2,009
3,561 3,618 3,618 3,618 1,418
3,120 3,900 3,900 3,900 4,513
67 81 81 81 79
327,117 202,432 200,701 200,701 215,238
OPERATING EXPENDITURES
ACCT NO ACCOUNT CLASSIFICATION
OPERATING EXPENDITURES
78.554-32-10 PROFESSIONAL SERVICES -ANNUALAUDIT
79.554-34-15 OTHER CONTRACTUAL SERVICES
80.554-40-70 EMPLOYEE EDUCATION &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
25
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2013-2014 2014-2015 2015-2016 2015-2016 2016-2017
8,000 8,000 8,000 8,000 8,000
0 0 0 0 0
59 1,126 1,300 500 1,300
0 0 0 0 0
1,244 1,154 1,250 1,250 7,250
350 0 850 850 850
478 0 0 0 0
2,840 2,201 2,300 2,100 2,500
760 809 1,250 739 1,250
13,731 13,290 14,950 13,439 21,150
GENERAL FUND TRANSFERS
ACCT NO ACCOUNT CLASSIFICATION
GENERAL FUND SERVICES/TRANSFERS
87.581-95-00 FUEL-RELD 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
CITYMAPPING&PRINTING SERVICES (GIS)
HUMAN RESOURCES PROCESSING SERVICES
GENERAL COUNSEL LEGAL SERVICES
COMMUNITY POOL OPERATING CONTRIBUTION
TOTAL GENERAL FUND SERVICES/TRANSFERS
TOTAL NET BUDGET EXPENDITURES
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
2013-2014 2014-2015 2015-2016 2015-2016 2016-2017
800 800 800 800 800
500 500 500 500 500
0 1,850 1,850 1,850 1,850
1,910 1,910 1,910 1,910 1,910
3,582 1,733 1,733 1,733 1,733
7,096 7,096 7,096 7,096 7,096
4,490 4,490 4,490 4,490 4,490
3,800 3,800 3,800 3,800 3,800
7,945 7,945 7,945 7,945 7,945
3,050 3,050 3,050 3,050 3,050
26,291 26,291 26,291 26,291
50,000 50,000 50,000 50,000
33,173 109,465 109,465 109,465 109,465
1,386,622 1,107,243 984,836 861,481 1,276,340
MADISON SQUARE LAND ACQUISITION &DEVELOPMENT ACCOUNT
ACCOUNT CLASSIFICATION
88.554-34-60 DEVELOPMENT SERVICES -Reserved forMadison Square Land Acquisition &Development Expenditures
89.581-95-00 PROFESSIONAL SERVICES
TOTAL MADISON SQUARE LAND ACQUISITION &DEVELOPMENT ACCOUNT
TOTAL BUDGET EXPENDITURES
26
348,439
50,000
11,945
50,000
550,090
0
0 $398,439 $61,945 $550,090
1,386,622 1,107,243 1,383,275 923,426 1,826,430
Budget Expenditure Narrative
'/Av////yy/,
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
A total funding amount of $178,782 has been allocated in the 2015-2016 administrative
categoryforfull-timesalariesand benefits foradministrative duties for three (3)Agency
employees including Property Management Coordinator;Community Outreach Coordinator and
Agency Director.
Note:Includingsalaryand benefits for operational duties contained inlineitems 41-45 and73-
77inthe amount of$62,798,total FY 2016-2017 administrativeexpendituresforthree(3)
SMCRA full-time employees is $241,580.Total administrative expenditures are approximately
13.2%of the FY 2016-2017 budget whichfallswithin the required20%administrative salarycap.
Total Administrative Category Expenditures -$178,782
Professional LegalServices
•SMCRA Budget Line Item No.7 -(Professional Legal Services)-Account No.554-31-20
Atotalamountof $10,000 hasbeenallocatedinthelegalservicescategoryforland-useservices
required for Madison Square project planning.Additional funding has been provided for remaining
legal services associated with the condominium conversion of the SMCRA Business &Community
Service facility.
Other Uses/General Contingency
•SMCRA Budget Line item No.8 -(Other Uses/General Contingency)-Account No.554-99-20
A total amount of $5,000 hasbeen allocated for unanticipated expenditures including potential
building/property repairs associated with storm damage.
Board Member Discretionary Funds
•SMCRA Budget Line Item No.9-(Board Member Discretionary Funds)-Account No.554-99-25
A total amount of $7,000 is allocated in the Board Member discretionary fund category aspartof
the SMCRA special needs program.Each of the seven (7)SMCRA Board Members may allocate a
total amount of $1,000 annually inof support ofbeneficial community service projects.
Miami-Dade County Administrative Fee Charge
•SMCRA Budget Line Item No.10-(County Administrative FeeCharge)-Account No.554-99-15
Atotal amount of $10,284 hasbeen allocated inthe FY 2015-2016Budgetfor the required Miami-
Dade County administrative fee assessed to all Community Redevelopment Agencies operating in
Miami-Dade County.
TotalLegal Services 8i Other Uses Expenditures -$32,284
27
Infrastructure &Streetscape Improvements
SMCRA Budget Line Item 11-13 -(Infrastructure &Streetscape Improvements)-AccountNo.541-
31-20;541-34-50;and 541-46-70.
A total funding amount of $53,650 has been allocated in the FY 2015-2016 infrastructure
improvement category for continued SMCRA area infrastructure improvements including aprior
year reimbursement approved reimbursement to the CityofSouthMiamiin the amount of $21,650
for approximately 50%of the sidewalk tripping hazard repairs in the SMCRA area;and an additional
$32,000 forcapital improvement identified infrastructure improvements in the SMCRA area.
Park Improvements
SMCRA Budget Line Item 18-20 -(Park Improvements)-AccountNo.572-31-20;572-34-50;
572-64-50.
Atotal amount of $10,000 hasbeenallocatedinthe FY 2015-2015 park improvement category
for additional park improvements in the Marshall Williamson Park and Murray Park locations.
TotalCapital Improvement Expenditures -$63,650
•
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.
Atotalfunding amount of $13,750 hasbeenallocatedin the economic development commercial
improvement account including $1,250 for employment training sessions in conjunction with the
Employ Miami-Dade program;$2,500 for the Greater Miami Service Corp.residential
rehabilitation andyouth training partnership program;$2,500 for economic development and
business training sessions;and $2,500 for small business assistance grants;and $5,000 for
commercial building repairs as part of the commercial fagade rehabilitation program.
TotalCapital Improvement Expenditures -$13,750
Affordable Housing Rehabilitation
SMCRA Budget Line Item 34.36 -(Affordable Housing Rehabilitation)-Account No.564-99-35;
564-99-30.
Atotal amount of $55,000 hasbeenallocatedinthe affordable housingimprovementcategory
including;$25,000 inhomeowner assistance fundingfor the purchase ofonenew L.E.E.D.
certified home at 6179 SW62nd Terrace;and $30,000 for continued rehabilitation of the SMCRA
are housing stock as part of the residential rehabilitation program.
Total Residential Housing Improvement Expenditures -$55,000
28
Professional Services &Land Acquisition
SMCRA Budget Line Item 37.38 -(Professional Services &LandAcquisition)-Account No.583-
31-20;583-61-10.
Atotal amount of $437,002 has been allocated inthelandacquisitionand professional services
category including:$76,202 as areservedgrantfundingforMadison Square related project
development expenditures;and $360,800 forland acquisition and legal closing services
required to purchase blighted residential parcels for single-family home development.
TotalProfessionalServicesLand Acquisition Expenditures -$437,002
Property Management Expenditures
SMCRA Budget Line Item 39-40 -(Property Management Expenditures)-AccountNo.583-31-25;
583-34-55.
A total amount of $63,000 has been allocated in the property management category including
$40,000 for annual property and liability insurance for eighteen (18)Agency owned vacant and
improved properties;required lawn maintenance services the above referenced eighteen (18)
Agency properties;annual Miami-DadeCountyproperty taxes for the Agency operated Business &
Community Service Facility and required annual housekeeping services for the Business &
Community Facility,and $23,000 for annual building maintenance,repairs for properties located
at 6415 SW 60th Avenue,6429 SW60th Avenue and 5825 SW 68th Street including prorated
charges for building electric and water utility services.
Total Property Management Expenditures -$63,000
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 $28,519 has been allocated in the property management category for
remainingfull-time salary and benefitsforthe SMCRA Property Management Coordinatorfor
operational duties includingbuilding repair supervision andbuildinginspectionof Agency
operated rentalfacilities at 6415 SW60th Avenue,6429 SW 60th Avenueand 5825 SW 68th
Street
TotalProperty Management ServicesExpenditures-$28,519
Annual Debt Service Expenditure Requirement
SMCRA Budget Line Item 46,47 -(RegionsBankDebt Service Payment)-AccountNo.583-71-
10;and 583-72-10.
Debt service accounts satisfied in 2015-2016 (no current-year funding allocation).
TotalDebt Expenditures -$0
29
Professional Services/Elderly Care Initiative
SMCRA Budget Line Item 48 -(Professional Services/Elderly CareInitiative)-Account No.559-
31-20.
A total amount of $19,500 has been allocated in the 2015-2016 in the special redevelopment
and technical services category for annual elderlycare services providedin the SMCRA areaby
the Thelma Gibson Health Organization at 6701 SW62nd 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 in the special redevelopment and technical
services category for scholarship programs promoted within the adopted redevelopment plan
including $15,000 forpaymentswere the JamesT.BowmanScholarship Program and $10,000
for the annual After School and Summer Scholarship programs.
Special Events &Technical Services
SMCRA Budget Line Item 56 -(SpecialEvents&Marketing)-AccountNo.574-24-10.
Atotal amount of $14,000 hasbeenallocatedin the in the special redevelopment and technical
services category for economic development generating special events in the SMCRA area
including the annual MLK/Black History Parade and related annual economic development
generating events.
TotalSpecial Redevelopment &Technical ServicesExpenditures -$58,500
Protective Services
SMCRA Budget Line Item 63-67 -(ProtectiveServices)-Account No.521-12-10;521-21-10;
521-22-10;521-23-10;and 521-24-10.
Atotal amount of $180,959 has been allocatedin the 2015-2016 protective services category
for adopted redevelopment plan encouraged community policing support fortwoSCMRAarea
community policing officers including PoliceAthletic League (PAL)coordinator.
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.
Atotal amount of $34,279 has beenallocatedin the budget forsalaryand benefits for the
SMCRA Outreach Coordinator for operational duties including construction management for
Board approved residential and commercial rehabilitation and new construction projects.
Total Protective Services Expenditures -$215,238
30
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.
Atotal amount of $21,150 hasbeenallocated in the 2015-2016 operating expenditure category
for required annual auditing services,travel and training,Shortel phone line installation,required
legal advertising,office supplies,publications,subscriptions and memberships.
Total Property Operating Expenditures -$21,150
General Fund Transfers
SMCRA Budget Line Item 87 -(General Fund Transfers)-Account No.581-95-00.
A total amount of $109,465 hasbeen allocated in the 2015-2016 budget forcommunity
redevelopment services provided through the Cityof South Miami including gasoline and
automobile insurance forCity assigned field vehicle,SMCRA Secretary services,CityAttorney
services,Planning land-use amendment and zoning services and SMCRA area community pool
operating supply contribution.
Total General Fund Transfer Expenditures -$109,465
Madison Square Land Acquisition &Development Account :i-/-'"
Madison Square Trust Fund
SMCRA Budget Line Item 88 -(Madison Square Trust Fund Account)
A total amount of $550,090 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)
No current year funding allocation provided.
31
FY 2016-2017 Miami-Dade County Formatted Budget
South Miami Community Redevelopment Agency
FY 2015-2016 Budget -Miami-Dade County Format
City Tax Increment Revenue $489,337 $492,421 $551,069
County Tax Increment Revenue $535,747 $526,152 $596,463
Cash Carryover $391,172 $187,264 $120,541
Cash Carryover Reserved forMadison Square GrantProject $100,000 $80,478 $76,202
All Other Revenues (Rent Revenues)$33,227 $25,842 $33,750
Interest Earnings $4,881 $3,594 $3,250
Affordable Housing Development Agreement Contribution $100,000 $0 $0
Employee Salary and Fringe (SMCRALina item 1-6)$191,505 $202,536 $211,784
Professional/Contractual Services $0 $0 $0
Other Administrative $0 $0 $0
Subtotal Admin Expenses'^$191,505 $202,536 $211,784
County Administrative Charge at 1.5%(smcra Line item 10)$8,036 $7,892 $8,977
$199,541 $210,428 $220,761
Employee Salary andFringe (smcra Line item 41-45 t73-77)$63,634 $68,266 $63,191
Professional/Contractual Services (Line item 21,22,26,37,88,89)$26,488 $8,02S $479,891
Legal Services/Court Costs (SMCRALine item 7,87)$50,000 $26,291 $30,000
Land/Building Acquisitions (smcra ur»inn 36)$5,960 $1,583 $0
Infrastructure Improvements (SMCRAUne item 11-13,1B-20)$108,852 $37,552 $33,000
Building Construction Improvements (smcra Line »em40)$25,019 $21,000 $23,861
Redevelopment Grants Issued Out (Line item 27,28,34,36,48-51)$122,440 $90,204 $94,500
Debt Service Bond Payments (smcra Line item 46,47)$297,772 $297,772 $78,410
Marketing,Special Events (smcra Line item52-57)$79,787 $9,695 $14,000
Transfers Out to Others (smcra unn item,63-72,87)$342,293 $275,014 $275,014
Advertising andLegalNotices (SMCRAUne item83,84)$828 $850 $850
Travel &Conference (smcra Lineitemac)$59 $1,300 $1,300
Employee Training (smcra Line itamBi)$0 $0 $0
Properly Taxes,Insurance,Utilities (smcra Line item 39)$39,964 $36,000 $45,235
Audits and Studies (smcra Line item78)$8,000 $8,000 $8,000
Publications &Memberships (smcra Line item 86)$760 $1,250 $1,250
Office Supplies &Equipment (smcra Line item85)$2,840 $2,300 $2,300
Telephone 81 Communication Lines (Smcra Line Hem 82)$1,244 $1,250 $1,250
Other Oper.Expenses -BoardMember Discretionary Funds (Line 9)$7,000 $7,000 $7,000
(B)Subtotal Oper,Expanses $1,182,940 $893,353 $1,159,052
(C)Reserve/Contingency (smcra Line item a)$4,141 $3,462 $3,462
Expenditure Total (A+B+Cj $1,386,622 $1,107,243 $1,383,2751
32
$551,069 $631,530
$598,463 $685,598
$132,306 $395,756
$76,202 $76,202
$33,750 $33,750
$3,594 $3,594
$0
$1,826,430
$211,784 $178,782
$0 $0
$0
$211,784 3178,782
$8,977 $10,284
$220,761 $189,066
$63,191 $62,798
$61,227 $632,542
$25,000 $10,000
$0 $360,800
$31,500 $63,650
$21,680 $23,000
$68,000 $107,000
$78,410 $0
$12,252 $14,000
$275,014 $290,424
$850 $850
$1,300 $1,300
$0 $0
$43,500 $40,000
$8,000 $8,000
$1,250 $1,250
$2,100 $2,500
$1,250 $7,250
$7,000 $7,000
$701,524 $1,632,364
$1,141 $5,000
$923,426 $1,826,430
SMCRA Board Approved Resolution 68-16-943
33
RESOLUTION NO.CRA 68-16-943
Aresolution of the South Miami Community Redevelopment
Agency adopting the annualbudgetfor Fiscal Yearbeginning
October 1,2016andending September 30,2017;approving
expenditure of fundsandauthorizing the Agency to transmit the
budget toMiami-DadeCountyfor final approval.
WHEREAS,according toFlorida Statutes 163 requirements,the Community
Redevelopment Agencyis required to adopt anannual revenue and expenditure
budget;and
WHEREAS,the adopted budget is additionally required to be approved by the
Board of Miami-Dade County Commissioners;and
WHEREAS,the proposed budget wasinitially reviewed by the Board during a
September 12,2016 budget workshop;and
WHEREAS,following the budget workshop,budget amendments including
reductions in the administrative expenditure category and funding increases in the
residential rehabilitation category havebeen incorporated in the FY 2016-2017
Budget;and
WHEREAS,total projected revenues for FY 2016-2017 including a prior year
fund balance,are estimated tobe $1,826,430;and
WHEREAS,corresponding expenditures inan equal amount have been
including in the FY 2016-2017 Budget;and
WHEREAS,the SMCRA Board desires to comply with Florida Statutes and
inter-local agreement requirements including approval of an annual revenue and
expenditure budget for FiscalYear 2016-2017.
NOW THEREFORE BEIT RESOLVED BY THE COMMUNITY
REDEVELOPMENT AGENCY OFTHECITYOFSOUTH MIAMI,FLORIDATHAT:
Section 1.The South MiamiCommunity Redevelopment AgencyBoard authorizes
adoption of the annual budget for Fiscal Year beginning October 1,2016and ending
September 30,2017;authorizing the expenditure offunds and transmittal of the
budget to Miami-Dade County for final approval.
Section 2.This resolution shalltake effect immediately upon adoption.
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Res.No.CRA 68-16-943
PASSED AND ADOPTED this 17th dayof October 2016.
ATTEST:
READ AND APPROVED AS TO FORM:
Board Vote:5_2
Chair Stoddard:Nay
ViceChairWelsh:yea
Member Harris:yea
Member Liebman:Nay
Member Edmond:Yea
Member Kelly:Yea
Member Jackson:Yea
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