1rfr South rMiami
CITY OF SOUTH MIAMI
OFFICE OF THE CITY MANAGER
INTER-OFFICE MEMORANDUM THE CITY OF PLEASANT LIVING
To:
VIA:
From:
DATE:
RESOLUTION:
The Honorable Mayor & Members of the City Commission
Steven Alexander, City M~
Stephen David, SMCRA fiN I
August 7,2017 \ Agenda Item No.:_, __
A Resolution approving the annual South Miami Community Redevelopment 'Agency
budget for Fiscal Year beginning October 1, 2017 and ending September 30, 2018;
approving the appropriations and anticipated expenditure of the funds and authorizing
the Agency to transmit the budgetto Miami-Dade County for final approval'.
BACKGROUND:
Florida Statutes and inter-local agreement guidelines mandate that the South Miami
Community Redevelopment Agency adopt an annual revenue and expenditure budget.
Additional budget legislation was adopted by the SMCRA Board and City Commission on
March 21, 2017. According to newly adopted legislation, the South Miami City Commission
shall review and approve the SMCRA budget within 5 days of the South Miami Community
Redevelopment Agency Board approving the budget.
A budget workshop to review and discuss the budget was conducted by the SMCRA Board
on July 10, 2017. The budget was subsequently approved by the Board on July 31, 2018.
Total projected revenues contained in the FY 2017-2018 budget are estimated to be
$1,473,492. Including prior-year cash carry-over funds totaling $1,108,649, the total
projected fiscal year budget is estimated to be $2,582,141. Corresponding exp,enditures in
an equal amount have been allocated within the 2017-2018 proposed expenditure budget.
A copy of the 2017-2018 SMCRA Board approved budget is attached for City Commission
review and approval.
RECOMMENDATION:
Staff recommends approval of the budget for Fiscal Year beginning October 1, 2017 and ending
September 30, 2018; approving an expenditure of the funds and authorizing the Agency to
transmit the budget to Miami-Dade County for final approval. A copy of the SMCRA Board
approved budget is attached as Exhibit A.
ATTACHMENTS:
SMCRA Board Approved FY 2017-2018 Budget
Draft Resolution
1
2 RESOLUTION NO. ___ _
3
4 A Resolution approving the annual South Miami Community Redevelopment
5 Agency budget for Fiscal Year beginning October 1, 2017 and ending September
6 30, 2018; approving the appropriations and anticipated expenditure of funds.
7
8 WHEREAS, Florida Statutes Chapter 163 guidelines require that community
9 redevelopment agencies operating in the State of Florida to adopt an annual revenue and
10 expenditure budget; and
11
12 WHEREAS, following the adoption of the South Miami Community Redevelopment
13 Agency (SMCRA) budget by its Board, the budget is required to be transmitted to the Miami-
14 Dade Board of County Commissioners for final approval; and
15
16 WHEREAS, a public workshop to review and discuss the 2017-2018 proposed budget
17 was conducted by the SMCRA Board on July 10, 2017; and
18
19 WHEREAS, following the budget workshop, the 2017-2018 budget was approved by
20 the South Miami Community Redevelopment Agency Board on July 31, 2017; and
21
22 WHEREAS, total projected 2017-2018 revenues are estimated to be $1,473,492 and
23 prior year cash carry-over funding is estimated to be $1,108,649; and
24
25 WHEREAS, total projected 2017-2018 funding is estimated to be $2,582,141; and
26
27 WHEREAS, corresponding expenditures in an equal amount of $2,582,141 have been
28 allocated in the 2017-2018 proposed expenditure budget; and
29
30 WHEREAS, the City Commission desires to approve the FY 2017-2018 the South Miami
31 Community Redevelopment Agency Board approved budget.
32
33 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE
34 CITY OF SOUTH MIAMI, FLORIDA:
35
36 Section 1: The above recitals are true and correct and are incorporated herein by
37 reference.
38
39 Section 2: The South Miami Community Redevelopment Agency C'SMCRA JI
) budget for
40 Fiscal Year beginning October 1, 2017 and ending September 30, 2018, a copy of which is
41 attached hereto and made a part hereof by reference, is hereby approved.
42
43 Section 3. The City Commission may, as part of the City's Operating and Capital Budget
44 adoption process, increase or decrease the millage rate for Fiscal Year 2017/2018, which will
45
46 increase or reduce the estimated revenue amount within the SMCRA budget. In the event
47 that the millage rate is increased or reduced, the SMCRA may, without further review and
48 approval of the City Commission, adjust each of the SMCRA budget line items.
49
50 Section 4: The budget'shall be transmitted to Miami-Dade County pursuant to the,
51 County's Inter-local Cooperation Agreement with the City of South Miami.
52
53 Section 5: The funds appropriated in the budget may be expended in accordance with
54 the provisions of the budget, the Community Redevelopment Plan, and as authorized by the
55 law.
56
57 Section 6: If any section clause, sentence, or phrase of this resolution is for any reason
58 held invalid or unconstitutional bya court of competent jurisdiction, the holding shall not
59 affect the validity of the remaining portions of this resolution.
60
61 Section 7: This resolution shall become effective immediately upon adoption by vote
62 of the City Commission.
63
64
65 PASSED AND ADOPTED this __ day of August, 2017.
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
ATTEST:
CITY CLERK
READ AND APPROVED AS TO FORM,
LANGUAGE, LEGALITY AND
EXECUTION THEREOF
CITY ATIORNEY
Page 2 of2
APPROVED:
MAYOR
COMMISSION VOTE:
Mayor Stoddard:
Vice Mayor Welsh:
Commissioner Liebman:
Commissioner Harris:
Commissioner Edmond:
EXHIBIT A
FY 2017-2018 SMCRA Board Approved Budget
2001 SMCRA
ltMaking our Neighborhood a GreatPlac:e to ~ WOrk and Play"
01" or JOUTH .11.1
oo •• unl"
REDEYEIOP.EnT IGEnOY
FY 1117-1118
PROPOSED IUDGET
July 31, 2017
FISCAL YEAR 2017-2018 PROPOSED BUDGET
Table of Contents:
Budget Message ................................................................................................................... 1
Community Redevelopment Area Property Values .................................................... 2-3
2015-2016 Audited End of Year Fund Balance ................................................................. 4
2016-2017 Estimated Revenues ......................................................................................... 5
2016-2017 Estimated Expenditures .................................................................................. 6
2016-2017 Projected Fund Balance Analysis ................................................................. 7-8
2017-2018 Projected Revenues ....................................................................................... 9
2017-2018 Total Projected Funds Budget ...................................................................... 10
2017-2018 Total Proposed Expenditure Budget ........................................................... 11
2017-2018 Revenue & Expenditure Summary .......................................................... 12-13
2017-2018 Proposed Expenditure Budget ................................................................. 14-22
2017-2018 Expenditure Narrative ............................................................................... 23-27
SMCRA Board FY 2017-2018 Budget Approval Resolution ......................... Appendix A
FY 2017-2018 SMCRA Budget (Miami-Dade County Format) ..................... Appendix B
City of South Miami Proposed Millage & Projected TIF Contribution .. · ...... Appendix C
Miami-Dade County Maximum Millage & Projected TIF Contribution ...... Appendix D
(July 31, 2017)
FY 2017-2018 SMCRABUDGET MESSAGE
Honorable Chair, Vice Chair & SMCRA Board Members:
During the 2016-2017 Fiscal Year, the South Miami Community Redevelopment Agency received tax
increment financing (TIF) contributions in the total amount of $1,317,128 including $631,530 in
contributions from the City of South Miami and $685,598 in contributions from Miami'-Dade
County. Including rent revenues and interest earnings, the total FY 2016-2017 revenue budget was
$1,870,582. During the fiscal year, certain challenges were faced including a seven-month
interruption in community redevelopment expenditures. During FY 2016-2017', an estimated total
amount of $761,933 was expended on related redevelopment programs and initiatives.
During FY 2016-2017, the Agency continued to implement vital economic . and business
development initiatives through the SMCRA constructed Marshall Williamson business and
community service center. The Marshall Williamson facility currently contains four (4) for-profit
businesses and five (5) not-for-profit community service organizations including the Career Source
South Florida employment and training center, the South Miami Police Explorer Organization and
the South Miami Community Redevelopment Agency. In an on-going effort to improve the existing
redevelopment area housing stock, the Board authorized completion of several health, safety and
welfare related residential rehabilitation projects. The Agency also continued to provide support for
local community policing initiatives which now include the recently established Police Athletic
Youth League. Significant strides were also made during the year in identifying viable affordable
housing development partners interested in constructing the Madison Square mixed-use,
affordable housing project. Related project development agreements and bid solicitation
documents were completed by General Council during the latter half of the fiscal year.
During the 2017-2018 Fiscal Year, the Agency anticipates receiving a total amount of 1,473,492 in
TIF contributions, rent revenues and interest earning. Including prior year Madison Square
development funds, previously allocated land acquisition funds and estimated cash carry-over
funds in the total amount of $1,108,649, the projected FY 2017-2018 revenue budget is estimated
to be $2,582,141. Corresponding expenditures in the equal amount have allocated in the FY 2017-
2018 expenditure budget. During the upcoming year, the Agency intends to continue to implement
key community redevelopment plan objectives including land acquisition of the remaining vacant
blighted properties in the redevelopment area to provide additional affordable housing
opportunities, the continued rehabilitation of the existing housing stock and. theon-going
implementation of current economic and business development initiatives. The Agency also
anticipates 'having a viable affordable housing development partner under contract during the
2017-2018 Fiscal Year to complete construction of the critically needed Madison Square mixed-use,
affordable housing project.
The FY 2017-2018 projected revenue and expenditure budget an accompanying financial schedules
ha~~~"be:_~~:~ff~ich'eCli Board review and consideration.
1
The base year assessed property value of all properties in the SMCRA are was $68,437,390. The
preliminary assessed property value for 2016 is $392,170,034. The assessed value of all properties
in the SMCRA area has increased by $323,732,644 or an approximate 473% increase over a
nineteen year period.
$450,000,000
$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
Assessment Year
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998 '
Assessed Property Value
$392,170,034 (Prelim inary Estimate)
$365,384471
$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
$68,437,390 (Base Year Assessment)
SMCRA Assessed Area Value
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 201420152016
2
SMCRA AREA & CITY OF SOUTH MIAMI ASSESED VALUES
.0.00-0.03
.0.04-0.07
0.53-0.76
.O.71.1~17
.1.18~2.22
City of South Miami Assessed Value Map C -Community Redevelopment Area
3
'1IilsMCRA
2001
. dMaldng our Neighborhood (I Great.PIace to I.iver wade and PlaY'
PRIOR YEAR FUNDS ANALYSIS
2016 Audited Fund Balance = $514,860
Fund Balance Description
Unreserved Fund Balance
Reserved Fund Balance ( Madison ·Square)
FY 2015·2016 Total Audited Fund Balance
Amount
$438,658
$76,202
$514,860
September 30, 2016 Fund Balance = $514,860
Reserved Funding
$76,202, 15%
4
Unreserved Funding,
$438,658, 85%
2017 Estimated Revenues
FY2017-2018 Revenue Source
Tax Increment Contribution (City)
Tax Increment Contribution (County)
Rent Revenues
Interest Earnings
Total Estimated ~evenues
Amount
$631,530
$685,598
$35,000
$3,594
$1,355,722
2017 Estimated Revenues $1,355,722
City Tax Increm
Contribution
$631,530,47%
Interest Earnings,
$3,594,0%
Rent Revenues,
$35,000,3%
County Tax
Increment
___ Contribution
$685,598, 50%
2016 Fund Balance ($514,860) + 2017 Revenues (1,355,722) = $1,870,582
5
2017 Estimated Expenditures -$ 761,933
Expenditure Category
Land Acquisition/Property Management
Protective Services
Capital Improvements
Administration
General Fund Transfers,
Legal & Other Uses
Economic Development
Residential Improvements
Special RedevelopmentlTechnical Services
Operating
Madison Square
Total Estimated Expenditures
Amount
$88,909
$215,238
$17,159
$178,782
$109,465
$39,397
$4,750
$30,000
$59,693
$18,540
$0
$761,933
2017 Estimated Expenditures = $ 761,933
General Fund
Transfers, $109,465,
Protective Services,
$215,238, 28%
14%
Operating
Expenditu res,
$18,540,2%
Special
Redevelopment,
$59,693,8%
6
Administration,
$178,782,24%
Legal & Other Uses,
$39,397,5%
Capital
Improvements,
$17,159,2%
Residential
Improvements,
Acquisition/Property $30,000, 4%
Management,
$88,909, 12%
Projected 2017 Carry-Over Funds Calculation
Unreserved
Fund
Balance,
$132,306, .
63%
October 1, 2016 Fund Balance = $514,860
Unreserved
Fund
Balance,
$438,658,
85%
October 1,2016 Revenues $1,355,722
City Tax
Increment
Contributio
$631,530,
47%
Interest
Rent Earnings,
Revenues, .. r.$3,594,O%
$35,000, 3% ~I I County Tax
Increment
Contribution
$685,598,
50%
September 30, 2017 -Estimated Expenditures = $ 761,933
General Fund
Transfers,
$109,465, 14%
Protective
Services,
$215,238, 28%
Operating
Expenditures,
$18,540,2% Special
Redevelopment,
$59,693,8%
Administration,
$178,782,24%
12%
Legal & Other'
Uses, $39,397,
CrPital
Improvements,
$17,159,2%
Residential
1m provements,
$30,000,4%
2016 Fund Balance
(+$514,860)
2017 Revenues
(+$1,355,722)
2017 Expenditures
(-$761,933)
2016 Fund Balance (514,860) + 2017 Revenues (1,355,722) -2017 Expenditures (761,933) = $1,108,649
7
ANNUAL CARRY-OVER FUNDS ANALYSIS
Madison Square
Reserved $76,202
Land Acquisition
$360,800
2017 Carry-Over Funds -$1,108,649
Miscellaneous
Expenditures
$121,647
Madison Square Development Account -$550,000
Land Acquisition Account -$360,800
Madison Square Reserve Account -$76,202
Miscellaneous Expenditures -$121,647
8
Madison Square
Account $550,000
'1111. SMCRA
2001
IlMaking our Neighborhood (J Great Place to Livev Work and PlaY'
FY 2017-2018 FUNDS ANALYSIS
2018 PROJECTED REVENUES
FY 2016·2017 Revenue Source
Tax Increment Contribution (City)
Tax Increment Contribution (County)
Rent Revenues
Interest Earnings
Total Projected Revenues
Revenue Amount
$683,322
$741,576
$45,000
$3,594
$1,473,492
2018 Projected Revenues 1,473,492
Rent -$45,000 Interest -$3,594
County TIF $741,576
9
City TIF $683,322
FY 2017-2018 Total Projected Budget -$2,582,141
County TIF
$741,576
2018 Projected Revenues -$1,473,492
Rent -$45,000 Interest -$3,594
City TIF $683,322
(2018 PROJECTED REVENUES = $1,473,492)
Unreserved 2016 Fund Balance = $514,860
Fund
2017 Revenues = $1,355,722
2017 Expenditures -761,933
Balance,
$132,306,
63%
Balance,
$438,658,
85%
General Fund
Transfers,
$109,465,14%
Protective
Services.
$215,238,28%
Operating Special
Expenditures, Redevelopmen
$18,540,2% 1,$59,693,8%
Administration
,$178,782,
24%
Legal & Other
Uses,$39,397,
5%
Capital
Improvements,
$17,159,2%
Economic
Development,
$4,750,1%
Residential
Improvements,
$30,000,4%
2016 FUND BALANCE ($514,860) + 2017 REVENUES ($1,355,722) -2017 EXPENDITURES ($761,933)
(PROJECTED 2017 CASH CARRY-OVER FUNDS = $1,108,649)
2018 PROJECTED REVENUES (1,473,492) + 2017 FUND BALANCE(l,108,649} = $2,582,141
10
FY 2017-2018 Proposed Expenditure Budget -$2,582,141
Expenditure Category
Land Acquisition/Property Management
Protective Services
Capital Improvements
Administration
General Fund Transfers
Legal & Other Uses
Economic Development
Residential Improvements
Special RedevelopmentlTechnical Services
Operating
Madison Square
Total Estimated Expenditures
2018 Proposed Expenditures -2,582,141
General Fund
Transfers
$109,465
Madison Square
$659,545
Operating $21,150
Protective Services
$214,409
Administration
$179,528
11
Amount
$1,169,240
$214,409
$63,650
$179,528
$109,465
$33,124
$19,450
$60,000
$58,500
$15,150
. -$659,625
$2,582,141
Legal/Other $33,124
Capital $63,650
~ ___ Economic
Development
$19,450
idential $60,000
Land Acquisition
$1,169,240
FY 2017·2018 SMCRA Budget
FY 2017-2018 Projected Revenues
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
ACCOUNT CLASSIFICATION 2014-2015 2015-~O16 2016-2017 2016-2017 2017-2018
CITY OF SOUTH MIAMI TAX INCREMENT CONTRIBUTION 492,421 551,069 631,530 631,530 683,322
MIAMI-DADE COUNTY TAX INCREMENT CONTRIBUTION 526,152 598,463 685,598 685,598 741,576
TOTAL TAX INCREMENT FINANCE REVENUES 1,018,573 1,149,532 1,317,128 1,317,128 1,424,898
SMCRA ANNUAL RENT REVENUES 25,842 35,040 33,750 35,000 45,000
SMCRA INTEREST EARNINGS 3,594 3,064 3,594 3,594 3,594
FUND BALANCE (Unreserved) 187,264 132,306 395,756 438,658 1,032,447
FUND BALANCE (Reserved for Madison Sqaure Development) 80,478 76,202 76,202 76,202 76,202
12
FY 2017-2018 Proposed Expenditure Summary
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
ACCOUNT CLASSIFICATION 2014·2015 2015·2016 2016-2017 2016-2017 2017·2018
LAND ACQUISITION, PROPERTY MANAGEMENT, DEBT SERVICE 364,691 141,883 528,521 88,909 1,169,240
PROTECTIVE SERVICES 238,789 242,085 215,238 215,238 214,409
CAPITAL IMPROVEMENTS 47,407 27,278 63,650 17,159 63,650
ADMINISTRATIVE 195,776 200,083 178,782 178,782 179,528
GENERAL FUND TRANSFERS 109,465 159,465 109,465 109,465 109,465
LEGAL & OTHER USES 16,226 15,940 32,284 39,397 33,124
ECONOMIC DEVELOPMENT 5;001 12,671 13,750 4,750 19,450
RESIDENTIAL IMPROVEMENTS 74,168 20,934 55,000 30,000 60,000
SPECIAL REDEVELOPMENT & TECHNICAL SERVICES 45,750 41,356 58,500 59,693 58,500
OPERATING 15,152 24,378 21,150 18,540 15,150
MADISON SQUARE ACCOUNT 0 550,090 0 659,625
13
FY 2017-2018 Proposed Expenditure Budget
ACCTNO ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
ACCOUNT CLASSIFICATION 20'14-2015 2015-2016 2016-2017 2016-2017 2017-2018
ADMINISTRATIVE
FULL-TIME AGENCY EMPLOYEE SALARIES
1. 513-12-10 PROPERTY MANAGEMENT COORDINATOR (50% Shown for Administrative Duties) 15,733 20,257 20,883 20,883 21,381
ADMINISTRATIVE SECRETARY 32,990 27,538 1,278 1,278 0
COMMUNITY OUTREACH COORDINATOR (50% Shown for Administrative Duties) 22,257 25,472 26,260 26,260 26,745
AGENCY DIRECTOR 86,415 86,415 91,774 91,774 93,468
EMPLOYEE HEALTH CARE & BENEFITS
2. 513-21-10 FICA 11,577 11,719 10,725 10,725 10,832
3. 513-22-10 PENSION 2,960 3,154 1,418 1,418 1,444
4. 513-22-20 DEFERRED COMPENSATION 9,460 3,610 7,975 7,975 8,040
5. 513-23-10 INSURANCE** 20,206 21,517 18,049 18,049 17,194
6. 513-24-10 WORKERS COMP** 473 401 420 420 424
PROFESSIONAL LEGAL SERVICES & OTHER USES
7. 554-31-20 PROFESSIONAL LEGAL SERVICES o 13,526 10,000 19,113 10,000
8. 554-99-20 OTHER USES/GENERAL CONTINGENCY 3,437 1,583 5,000 3,000 5,000
9. 554-99-25 BOARD MEMBER DISCRETIONARY FUNDS 7,000 5,380 7,000 7,000 7,000
10. 554-99-15 MIAMI-DADE COUNTY 1.5% ADMINISTRATIVE FEE 7,892 8,977 10,284 10,284 11,124
14
ACCTNO 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-STREETSCAPEIMPROVEMENTS
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 Contribution)
20. 572-64-50 PARK IMPROVEMENTS
15
ACTUAL
2014-2015
1,500
15,000
7,950
0
0
0
0
877
9,908
o
ACTUAL
2015-2016
0
15,000
6,096
0
0
0
0
o
7,000
o
BUDGET
2016-2017
2,000
41,650
10,000
0
0
0
0
2,500
7,500
o
ESTIMATE
2016-2017
0
1,500
15,659
0
0
0
0
o
o
o
PROPOSED
2017-2018
2,000
41,650
10,000
0
0
0
0
2,500
7,500
o
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
ACCT NO ACCOUNT CLASSIFICATION 2014-2015 2015-2016 2016-2017 2016-2017 2017-2018
ECONOMIC DEVELOPMENT TRAINING & BUSINESS ASSISTANCE
21. 551-31-20 PROFESSIONAL SERVICES a 500 1,250 a 1,250
22. 551-52-10 CONTRACTUAL SERVICES (Greater Miami Job Corp Partnership) 1,884 93 2,500 a 8,200
23. 551-21-10 FICA a a a a a
24. 551-24-10 WORKERS COMP a a a a a
25. 551-47-10 PRINTING AND BINDING a a a a a
26. 551-99-32 ECONOMIC DEVELOPMENT TRAINING PROGRAMS a a 2,500 a 2,500
27. 551-99-33 SMALL BUSINESS ASSISTANCE GRANTS 1,250 992 2,500 1,750 2,500
COMMERCIAL BUSINESS IMPROVEMENTS
28. 552-31-20 COMMERCIAL FACADE GRANT REHABILATATION PROGRAM 1,867 3,000 5,000 3,000 5,000
29. 552-34-50 CONTRACTUAL SERVICES a a a a a
30. 552-47-10 PRINTING & BINDING a a a a a
16
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
ACCT NO ACCOUNT CLASSIFICATION 2014-2015 2015-2016 2016-2017 ~016-2017 2017-2018
AFFORDABLE HOME REHABILITATION
31. 564-31-20 PROFESSIONAL SERVICES (Homeowner/RenterCredit Counseling Services) 0 0 0 0 5,000
32. 564-34-50 CONTRACTUAL SERVICES 0 0 0 0 0
33. 564-47-10 PRINTING AND BINDING 0 0 0 0 0
AFFORDABLE HOUSING HOME OWNERSHIP ASSISTANCE
34. 564-99-35 AFFORDABLE HOUSING PURCHASE ASSISTANCE PROGRAM 44,813 0 25,000 0 25,000
HOUSING REHABILITATION GRANT ASSISTANCE
35. 564-99-21 MULTI-FAMILY REHABILATATION PROGRAM (Included in 564-99-30) 0 0 0 0
36. 564-99-30 RESIDENTIAL REHABILATATION PROGRAM 24,151 22,971 30,000 30,000 30,000
17
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
ACCT NO ACCOUNT CLASSIFICATION 2014-2015 2015-2016 2016-2017 2016-2017 2017-2018
LAND ACQUISITION
37. 583-31-20 PROFESSIONAL SERVICES -Reserved for Madison Square Development Expenditures 4,276 0 76,202 40 76,202
38. 583-61-10 BLIGHTED PROPERTY ACQUISITION 5,646 0 360,800 350 1,001,163
PROPERTY MANAGEMENT EXPENDITURES
39. 583-31-25 AGENCY OWNED PROPERTY EXPENDITURES (Property Taxes, Insurance, etc) 35,996 43.437 40,000 40,000 40,000
40. 583-34-55 AGENCY OWNED PROPERTY MAINTENANCE & REPAIRS 21,001 20,035 23,000 20,000 23,000
PROPERTY MANAGEMENT SERVICES
41. 554-12-10 SMCRA PROPERTY MANAGEMENT COORDINATOR (50% Shown for Operational Duties) 23,600 22,951 20,883 20,883 21,381
42. 554-21-10 FICA 1,806 1,842 1,598 1,598 1,636
43. 554-22-20 DEFERRED COMPENSATION 1,652 269 1.462 1.462 1.496
44. 554-23-10 INSURANCE 4,254 5,042 4,513 4,513 4,298
45. 554-24-10 WORKERS COMPENSATION 71 60 63 63 64
DEBT SERVICE FOR SMCRA ACQUIRED PROPERTIES
46. 583-71-10 ANNUAL REGIONS BANK PRINCIPAL PAYMENT 282.492 77,254 0 0 0
47. 583-72-10 ANNUAL REGIONS BANK INTEREST PAYMENT 15,280 1,157 0 0 0
18
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
ACCT NO ACCOUNT CLASSIFICATION 2014-2015 2015-2016 2016-2017 2016-2017 2017-2018
SPECIAL REDEVELOPMENT SERVICES
48. 559-31-20 PROFESSIONAL SERVICES -ELDERLY CARE INITIATIVE PROGRAM 20,000 19,500 19,500 19,500 19,500
TECHNICAL ASSISTANCE PROGRAMS
49. 559-34-50 BOWMAN COLLEGE SCHOLARSHIP PROGRAM 15,750 11,866 15,000 15,000 15,000
50. 559-99-31 SUMMER YOUTH AND AFTER SCHOOL SCHOLARSHIP PROGRAMS 10,000 9,990 10,000 10,000 . 10,000
51. 559-99-32 SCHOOL ASSISTANCE PROGRAM 0 0 0 0
SPECIAL EVENTS & TECHNICAL SERVICES
52. 574-12-10 SPECIAL EVENTS PLANNING & MARKETING COORDINATOR 0 0 0 0 0
53. 574-21-10 FICA 0 0 0 0 0
54. 574-22-10 PENSION 0 0 0 0 0
55. 574-23-10 INSURANCE 0 0 0 0 0
56. 574-24-10 WORKERS COMPENSATION 0 0 0 0 0
57. 574-31-20 PROFESSIONAL SERVICES -SPECIAL EVENTS & MARKETING 10,167 12,278 14,000 15,193 14,000
GRANT WRITING SERVICES
58. 513-12-10 GRANT WRITER 0 0 0 0 0
59. 513-21-10 FICA 0 0 0 0 0
60. 513-22-10 PENSION 0 0 0 0 0
61. 513-23-10 INSURANCE 0 0 0 0 0
62. 513-24-10 WORKERS COMPENSATION 0 0 0 0 0
19
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
ACCT NO ACCOUNT CLASSIFICATION 2014-2015 2015-2016 2016-2017 2016-2017 2017-2018
PROTECTIVE SERVICES
LAW ENFORCEMENT -COMMUNITY POLICING INITIATIVES
63. 521-12-10 SMCRA AREA SUB STATION OFFICERS (2) 122,309 124,373 129,150 129,150 128,908
64. 521-21-10 FICA 9,021 9,453 9,880 9,880 9,861
65. 521-22-10 PENSION 18,373 19,252 17,952 17,952 17,918
66. 521-23-10 INSURANCE 13,146 15,071 18,050 18,050 17,194
67. 521-24-10 WORKERS COMP 5,087 4,507 5,927 5,927 5,915
CODE ENFORCEMENT
68. 554-12-10 SMCRA COMMUNITY CODE, ENFORCEMENT OFFICER (City Funded Position) 0 0 0 0 0
69. 554-21-10 FICA 0 0 0 0 0
70. 554-22-10 PENSION 0 0 0 0 0
71. 554-23-10 INSURANCE 0 0 0 0 0
72. 554-24-10 WORKERS COMP 0 0 0 '0 0
PUBLIC ASSISTANCE SERVICES
73. 569-12-10 SMCRA COMMUNITY OUTREACH COORDINATOR (50% Shown for Operational Duties) 28,640 27,670 26,260 26,260 26,745
74. 569-21-10 FICA 2,147 2,123 2,009 2,009 2,046
75. 569-22-10 PENSION 4,018 4,041 1,418 1,418 1,444
76. 569-23-10 INSURANCE 5,178 4,733 4,513 4,513 4,298
77. 569-24-10 WORKERS COMP 81 69 79 79 80
20
ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED
ACCT NO ACCOUNT CLASSIFICATION 2014·2015 2015·2016 2016·2017 2016·2017 2017·2018
OPERATING EXPENDITURES
78. 554-32-10 PROFESSIONAL SERVICES· ANNUAL AUDIT 8,000 8,000 8,000 8,000 8,000
79. 554-34-15 OTHER CONTRACTUAL SERVICES 0 0 0 0 0
80. 554-40-70 EMPLOYEE EDUCATION & TRAINING, TRAVEL & CONFERENCE 1,126 8 1,300 0 1,300
81. 554-40-80 EMPLOYEE TRAINING 0 0 0 0 0
82. 554-46-31 TELEPHONE LINE SERVICE 1,154 1,084 7,250 7,250 1,250
83. 554-48-50 REQUIRED LEGAL NOTICE & ADVERTISING 0 403 850 500 850
84. 554-49-10 LEGAL ADS 0 0 0 0 0
85. 554-52-10 OPERATING SUPPLIES 2,280 2,173 2,500 1,540 2,500
86. 554-54-10 PUBLICATIONS, SUBSCRIPTIONS & MEMBERSHIPS 809 739 1,250 1,250 1,250
21
ACTUAL ACTUAL BUDGET ESTIMATE
ACCT NO ACCOUNT CLASSIFICATION 2014-2015 2015-2016 2016-2017 2016-2017
GENERAL FUND SERVICES/TRANSFERS
87. 581-95-00 FUEL -FIELD INSPECTION CAR 800 800 800 800
INSURANCE -FIELD INSPECTION CAR 500 500 500 500
PROCUREMENT SERVICES 1,850 1,850 1,850 1,850
PRINTING & MAIL-OUT SERVICE 1,910 1,910 1,910 1,910
PROTECTIVE SERVICES FUEL & EQUIPMENT 1,733 1,733 1,733 1,733
SMCRA SECRETARY/CITY CLERK SERVICES 7,096 7,096 7,096 7,096
FINANCE DEPARTMENT RENT COLLECTION & ACCOUNTING 4,490 4,490 4,490 4,490
LAND-USE CHANGE & ZONING ADMINISTRATION -PLANNING DEPARTMENT 3,800 3,800 3,800 3,800
CITY MAPPING & PRINTING SERVICES (GIS) 7,945 7,945 7,945 7,945
HUMAN RESOURCES PROCESSING SERVICES 3,050 3,050 3,050 3,050
GENERAL COUNSEL LEGAL SERVICES 26,291 26,291 26,291 26,291
COMMUNITY POOL OPERATING CONTRIBUTION 50,000 50,000 50,000 50,000
TOTAL NET BUDGET EXPENDITURES 1,112,425 824,128 1,276,340 761,933
ACCOUNT CLASSIFICATION
88. 554-34-60 DEVELOPMENT SERVICES -Reserved for Madison Square Land Acquisition & Development Expenditures 0 11,945 550,090 0
89. 581-95-00 PROFESSIONAL SERVICES 50,000 0 0
TOTAL BUDGET EXPENDITURES 1,112,425 886,073 1,826,430 761,933
\
22
PROPOSED
2017-2018
800
500
1,850
1,910
1,733
7,096
4,490
3,800
7,945
3,050
26,291
50,000
1,922,516
659,625
o
2,582,141
FY 2017-2018 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
A total funding amount of $179,528 has been allocated in the 2017-2018 administrative
category for full-time salaries and benefits for administrative duties for four (4) Agency
employees including Property Management Coordinator; Community Outreach Coordinator,
Administrative Secretary and Agency Director.
Note: Total salary and benefits for three full~time employees contained in line items 1-6 is
$179,528. Additional salary and benefit funding for full-time employee operational duties
contained in line items 41-45 and 73-77 is $63,488. Total salary and benefits for three full-time
employees is $245,016 or approximately 9.5% of the 2017-2108 fiscal year expenditure budget.
Total Administrative Category Expenditures -$179,528
~
Professional Legal Services
• SMCRA Budget Line Item No.7 -(Professional Legal Services) -Account No. 554-31-20
A total amount of $10,000 has been allocated in the legal services category for land-use
services 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 has been 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 as part
of the SMCRA special needs program. Each of the seven (7) SMCRA Board Members may
allocate a total amount of $1,000 annually in of support of beneficial community service
projects.
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 $11,124 has been allocated in the FY 2015-2016 Budget for the required
Miami-Dade County administrative fee assessed to all Community Redevelopment Agencies
operating in Miami-Dade County.
Total Legal Services & Other Uses Expenditures -$33,124
23
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 $53,650 has been allocated in the 2017-2018 infrastructure
improvement category for continued SMCRA area infrastructure improvements including a prior
year reimbursement approved reimbursement to the City of South Miami in the amount of
$21,650 for approximately 50% of the sidewalk tripping hazard repairs in the SMCRA area; and
an additional $32,000 for capital improvement identified infrastructure improvements in the
SMCRA area.
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 $10,000 has been allocated in the FY 2015-2015 park improvement category
for additional park improvements in the Marshall Williamson Park and Murray Park locations.
Total Capital 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.
A total funding amount of $19,450 has been allocated in the 2017-2018 economic development
commercial improvement account including $1,250 for employment training sessions provided
through the Employ Miami-Dade program; $8,200 for an Agency sponsored home
painting/youth training 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 fac;ade rehabilitation program.
Total Economic Development & Commercial Improvement Expenditures -$19,450 , » '>".
Affordable Housing Rehabilitation
• SMCRA Budget Line Item 31, 34, 36 -(Affordable. Housing Rehabilitation) -Account No. 564-31-
20; 564-99-35; 564-99-30.
A total amount of $60,000 has been allocated in the 2017-2018 affordable housing
improvement category including; $5,000 fOT homeowner assistance counseling services; $25,000
for homeownerassistance funding for the purchase of one new L.E.E.D. certified home at 6179
SW 62 nd Terrace; and; and $30,000 for continued rehabilitation of the SMCRA area housing
stock.
Total Residential Housing Improvement Expenditures -$60,000
24
~'>;'
Professional Services & Land Acquisition
• SMCRA Budget Line Item 37, 38 -(Professional Services & Land Acquisition) -Account No. 583-
31-20; 583-61-10.
A total amount of $1,077,365 has been allocated in the 2017-2018 land acquisition and
professional services category including: $76,202 as a reserved grant funding for Madison
Square project development expenditures; and $1,001,163 for land acquisition and related costs
for the purchase blighted residential parcels for single-family home development.
Total Professional Services Land Acquisition Expenditures -$1,083,065
Property Management E~penditures
• SMCRA Budget Line Item 39-40 -(Property Management Expenditures) -Account No. 583-31-
25; 583-34-55.
A total amount of $63,000 has been allocated in the 2017-2018 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-Dade County property 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 60 th Avenue, 6429 SW 60 th Avenue and 5825 SW 68 th 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 totai amount of $28,875 has been allocated in the 2017-2018 property management category
for remaining full-time salary and benefits for the SMCRA Property Management Coordinator for
operational duti'es including building repair supervision and building inspection of Agency
operated rental facilities at 6415 SW 60 th Avenue, 6429 SW 60 th Avenue a'nd 5825 SW 68 th
Street.
Total Property Management Services Expenditures -$28,875
Annual Debt Service Expenditures
• SMCRA Budget Line Item 46, 47 -(Regions Bank Debt Service Payment) -Account No. 583-71-
10; and 583-72-10.
All debt service obligations satisfied during FY 2015-2016 (no current funds allocation required).
Total Annual Debt Service Expenditures -$0
25
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 2017-2018 in the special redevelopment
and technical services category for annual eld'erly care services provided in the SMCRA area by
the Thelma Gibson Health Organization at 6701 SW 62 nd 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 2017-2018 special redevelopment
and technical services category for scholarship programs promoted within the adopted
redevelopment plan including $15,000 for payments were the James T. Bowman Scholarship
Program and $10,000 for the annual After School and Summer Scholarship 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 in the 2017-2018 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.
Total Special Redevelopment & Technical Services Expenditures -$58,500
,»
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 $179,797 has been allocated in the 2017-2018 protective services category for
adopted redevelopment plan encouraged community policing support for two SCMRA area
community policing officers including Police Athletic League (P .A.L.) 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.
A total amount of $36,613 has been allocated in the 2017-2018 budget for salary and 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 -$214,409
26
.) ;) ~ I ~ ill
,C::";
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 $15,150 has been allocated in the 2017-2018 operating expenditure category
for required annual auditing services, travel and training, required legal advertising, office
supplies, publications, subscriptions and memberships.
Total Property Operating Expenditures -$15,150
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 2017-2018 budget for community
redevelopment services provided through the City of South Miami including gasoline and
automobile insurance for City assigned field vehicle, SMCRA Secretary services, City Attorney
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 Trust Fund
• SMCRA Budget Line Item 88 -(Madison Square Account)
A total amount of $659,625 has been allocated in the 2017-2018 budget for land acquisition
expenditures associated with the Madison Square mixed-use, affordable housing project. The
intent of this activity is to increase economic development and affordable housing opportunities
directly adjacent to the Madison Square development.
• SMCRA Budget Line Item 89 -(Madison Square Professional Services Account)
No current year funding allocation provided for Madison Square/Professional Services.
27
APPENDIX A
SMCRA Board Approved FY 2017-2018 Budget Resolution
RESOLUTION NO. CRA 53-17-1011
A resolution approving the annual South Miami Community
Redevelopment Agency budget for Fiscal Year beginning October 1,
2017 and ending September 3D, 2018; 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 adopt an annual revenue and
expenditure budget; and
WHEREAS, following approval of th~ South Miami Community Redevelopment Agency
(SMCRA) budget by its Board, the budget is required to be transmitted to the Miami-Dade
Board of County Commissioners for final approval; and
WHEREAS, a public budget workshop was conducted by the SMCRA Board on July 10,
2017 to discuss FY 2017-2018 projected revenues and FY 2017-2018 proposed expenditures;
and
WHEREAS, following the July 10, 2017 budget workshop and tentative millage rate
announcements on July 18, 2017, total projected revenues have decreased by a amount of
$1,765; and
WHEREAS, the FY 2016-2017 projected budget currently contains revenues in the total
amount of $2,582,141 and proposed expenditures in a corresponding equal amount; and
WHEREAS, the South Miami Community Redevelopment Agency Board desires to
facilitate the goals and objectives of Florida Statutes and inter-local agreement requirements
by approving the SMCRA budget for Fiscal Year beginning October 1, 2016 and ending
September 3D, 2017; and
WHEREAS, following approval of the budget by the SMCRA Board, the budget shall be
transmitted to the South Miami City Commission for subsequent approval.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE
CITY OF 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 Fiscal Year
beginning October 1, 2017 and ending September 30, 2018, a copy of which is attached
hereto and made a part hereof by reference, is hereby approved.
Res. No. eRA 53-17-1011
Section 3: The budget shall be transmitted to the South Miami City Commission and to
Miami-Dade County pursuant to the, County's Inter-local Cooperation Agreement with the
City of 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 by a 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 approval by vote of
the South Miami Community Redevelopment Agency Board.
PASSED AND ADOPTED this 31st day of ~ 2017.
~~ SECRETARY -;
APPROVED:
c!l/:f!!f~
Board Vote: 6-0
Chair Stoddard: Yea
Vice Chair Welsh: Yea
VED AS TO FORM: Member Harris: Yea
Member Liebman: absent
Member Edmond: Yea
Member Kelly: Yea
Member Jackson: Yea
Page 2 of2
FY 2017·2018 SMCRA Budget
(Miami-Dade County Format)
APPENDIX B
FY 2017-2018 SMCRA BUDGET -(MIAMI-DADE COUNTY FORMAT)
APPENDIX C
City of South Miami Tentative Millage & TIF Contribution
City of South Miami Adopted Tentative Millage Rate & Projected TIF Contribution
Based on the Proposed Citywide Millage of 4.3000
392,170,034 Preliminary 2016 taxable value of Tax Increment District
-68,437,390 Taxable value in Base Year -1998
323,732,644 Value of increment
500/0 Portion on which the Payment is based -----
161,866,322 Dedicated increment value
4.3000 Proposed Citywide Millage
696,025 Revenue
-12,703 Increase (reduced) for 2014 adjustment (detailed below)*
683,322 Revenue payable to eRA by December 31,2017
*2015 Adjustment Detail
340,336,815 Final 2015 Tax Roll (MDe Provided)
346,245,112 Preliminary 2015 Tax Roll (DR-420 TIF 2015)
\
-5,908,297 Revision per Value Adjustment Board
50% Portion on which the Payment is based -----
-2,954,149
___ 4_.3_o_00_ Actual 2015 Millage (FY 2016)
-12,703 Adjustment amount for December 2016 check
APPENDIX D
Miami-Dade County Maximum Millage & TIF Contribution
Miami-Dade County Adopted Maximum Millage Rate & Projected TIF Contribution
Based on the Adopted Maximum Countywide Millage of 4.6669
$392,141,824
($68,437,390)
$323,704,434
$755,349
($13,772)
. $741,576
-Preliminary 2017 taxable value of Tax Increment District
-Taxable value in Base Year -1998
-Value of increment
-Revenue
-Increase (reduced) for 2015 adjustment (detailed below)*
-Revenue payable to eRA by December 31, 2016
* 2015 Adjustment Detail
$340,336,815
$346,238,998
($5,902, 182)
4.6669
($13,772)
-Final 2015 Tax Roll
-Preliminary 2015 Tax Roll
-Revision per Value Adjustment Board
-Actual 2015 Millage
-Adjustment amount for December 2016 payment
Information on County 1.5% Administrative Reimbursement Charge
$741,576 -2016 TIF Payment by County
$11,124 -Amount of 1.5% charge to be budgeted