Amended Budged (08-02) (Approved)

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Eleanor Baker
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1 TAX INCREMENTAL FINANCING (TIF) TIF - City of Delray Beach $ 8,759,261 Final Tax Base -$29, City for FY X TIF - County (Palm Beach) 5,407,701 4 Total 4000 TAX INCREMENTAL FINANCING (TIF) 14,166, CRA ADMINISTRATION SOURCES Land Sales/Construction Loans Ave Townhouses NW 5th Ave - No Anticipated income this year/ Renovation has begun X Land Sales Misc Land Sales -CLT Single Family 1,455, Old Library Site CODA Townhouses 200,000 Sale of 1 unit is anticipated before FY ends X Land Sales - Other - 14 Total 4060 Land Sales/Construction Sales 1,655, Carver Square Loan 500,000 Loan from South Florida Regional Planning Council-Proceeds Block Grants Bus Shelter Reimbursement EPOCH Loan Reimbursement - Project Delayed Pineapple Grove Loan Reimburse 75, Green Market Green Market Booth & Other 17, Green Market CookBook - 24 Total 4215 Green Market 17, Eagles Nest Loan Reimb Palm Beach County Reimb - Traffic Signal Arms-next year (1-09)-West Atlantic FDOT Reimbursement 123,000 Beaut. Gateway-cost reimbursement Property Revenue Property Revenue - Other 125,000 Higher revenue due to magmt of LaFrance & 133 N.W. 5th 30 Total 4240 Property Revenue 125, Credit Line (other sources) - We do not anticipate any use of Line of Credit this FY ** Other Income 5, Interest Earned 250,000 Timing of disbursements/interest rates-higher than budgeted 34 Total 4050 CRA ADMINISTRATION SOURCES 2,750, Total Revenue from Activities $ 16,917,474 ** No expected use of Line of Credit 36 Revenue from Activities Expenditures for Activities AREAWIDE & NEIGHBOORHOOD PLANS West Atlantic Redevelop Land Acquisition 1,055,000 S.W. 12th Ave and Atlantic Ave//26 SW 6th Ave/Hargrove X Project Develop/ Implementation 25,000 less than expected West Atlantic Beautif (6-12th) 1,880,000 Board Approved ILA Amendment Legal Fees-West Atl Redevelop 10,000 Adjust 43 Total 5100 West Atlantic Redevelop 2,970, DOWNTOWN-MASTER PLAN Comments Regarding Amendment # 2 Changes P:\Accounting\Budgets\For Web Site\Budget Amend#2 7/25/2014 3:37 PM Page 1 of 6

2 SE/NE 1st ST(1WayPair-FEC) 200,000 Signals SE/NE 5th&6th Ave(Fed Hwy Pairs 500,000 Cost of the "test period" to obtain fit, flow, and functionality Gateway Feature(Const Art) 300,000 delays// final design//fhbc Grant splits cost with CITY X Downtown Shuttle 175,295 Correct to ILA contract amount Old Library Site 5,000 To cover Misc costs Proj Develop/Implementation 25,000 less than expected Cultural Loop and MLK 75, Historic District 2,000 Delays Fire Station Plaza Committee Mtgs/Marketing 1, Legal Fees -DB Master Plan 25,000 more than expected 56 Total 5200 DOWNTOWN-MASTER PLAN 1,308, SW Neighborhood Plan Parks/Neighborhood Green Space 200,000 less than expected Resource Center Proj Devel/Implementation 15,000 less than expected Village of Delray Trng&Emp Cent - Future project Traffice Calm/Streetscapes SW 12th/Auburn Ave Beautificati 150,000 Design Fees this year SW 14th Ave Beaut 400, Land Acquisition/SW Nbrhd Plan Legal Fees-SW Nbhd Plan 5, Total 5300 SW Neighborhood Plan 770, N. Fed Hwy Redevelopment Nb'hood Park(LaHacienda) Beaut-N Fed Hwy Redev 100, Legal Fees-N Fed Hwy Redev - 72 Total 5400 N. Fed Hwy Redevelopment 100, Osceola Neighborhood Plan Trafic Calm/Beaut-Osceola - Early Next Year X Legal Fee-Osceola Plan 2, Total 5500 Osceola Neighborhood Plan 2, OTHER Land Acqui - Other 545, NE 3rd //[95 SW 5th Ave-complete] X Streets & Alley Imp-Other 502,000 SW 2nd Ave Misc Const-Infastructure Misc Pre-Dev Costs-other 50, Legal Fees-Other 3, Total 5600 OTHER 1,100, Total 5001 AREAWIDE & NEIGHBOORHOOD PLANS 6,251, REDEVELOPMENT PROJECTS NW/SW-5th Ave Beaut Prop Acq & Fees-5th Ave Beaut 750,000 Dobson Alley//Muse 182 NW 5th Ave//57.5SW 5th Ave Bldg Renovat & Improvements 700,000 Bids coming up end of April Beaut & Planning 100,000 Design alley-dobson Legal Fee-NW/SW 5th Ave-Beaut 15,000 increased legal fees 91 Total 6200 NW/SW-5th Ave Beaut 1,565,000 P:\Accounting\Budgets\For Web Site\Budget Amend#2 7/25/2014 3:37 PM Page 2 of 6

3 Block 77 Redev(Worthing Place) Legal & Other Fees Block Total 6250 Block 77 Redev(Worthing Place) OLD SCHOOL SQUARE Land Acq Parking Garage Legal & Other Fees-OSS - 99 Total 6300 OLD SCHOOL SQUARE West Settlers Hist Grant Prog Land Acq-West Settlers 300,000 Haywood/Schiavoni,etc Upgrade Hist Homes-W. Settlers 100,000 Grant-less than original budget Neighborhood Imp-West Settlers 10, Legal Fees-West Settlers 5,000 increased legal fees 105 Total 6400 West Settlers Hist Grant Prog 415, Affordable/Workforce Housing Pr Relocations-Afford Hse Prog 10, Subsidies-Afford Hse - Delayed to next year Land Acq-CRA's Afford Hse 370, NW 9th Ave 40' lot/507nnw 2nd Land Acq-CLT's Afford Hse 112, SW 6th Ave HFH[Completed purchase] LaFrance Hotel 10, Construction-CODA 1,028,000 4 units financed December 2007-adjust needed cost Const Sngl Fm-CRA Const-Sngl FM-CLT 425,000 CLT financing homes from other sources Const-Triplex Const SW 14th Ave TownHse - Eliminate Townhouse Project CLT-Community Land Trust Adm 400, Eagles Nest Loan-Afford Hse Consulting Svcs-Afford Hse 25, Legal Fees-Afford Hse 25,000 Increased legal fees 121 Total 6500 Affordable/Workforce Housing Pr 2,405, Carver Square Neighboorhood Land Acq-Carver Sq Remediation & Site Dev 500,000 Loan from South Florida Regional Planning Council-Costs Legal Fees-Carver Square 6,000 Adjust for actual needs 126 Total 6600 Carver Square Neighboorhood 506, Total 6000 REDEVELOPMENT PROJECTS 4,891, COMMUNITY IMP & ECONOMIC DEV Grant Programs Curb Appeal Assistance Grant 50, Paint-Up Assistance Grants 5,000 Later - will happen in the future Site Dev & Grants 100, Bus Assistance Startup 1,000 No current startups Community Activities 20,000 Later Dev Region Grants 50,000 Hamad Historic Facade Grants 300,000 American Legion Grant 137 Total 7300 Grant Programs 526, Downtown Mktg & Promo DT Mktg Coop (was Joint Vent) 210,000 P:\Accounting\Budgets\For Web Site\Budget Amend#2 7/25/2014 3:37 PM Page 3 of 6

4 DMC Art & Jazz 60, Christmas Tree Maint 41, DDA Cluster Stdy/Merchant Follo Business Recruiter Chamber Banners.Signage,Lights,etc. 25,000 Reduced from previously anticipated amount. 145 Total 7320 Downtown Mktg & Promo 336, City Contractual Services Planning,IT, and Pkg Manager 115, Plan Rev I i -(Bldg) 67, Lobbyist 3, Clean & Safe 870, Project Eng 78, Neighbrhd Planner(Rescource Ctr 34, TED Center 30, Total 7330 City Contractual Services 1,198, EPOCH Program Grant 108, Arch Fees Grant-EPOCH Contractual Svc-EPOCH 74, Amphitheatre Loan 100,000 Moved to Next Year, but some design cost is anticipated. 160 Total 7340 EPOCH 282, Pineapple Grove Adm Pineapple Grove Adm 10, Pineapple Grove Loan 75, Total 7350 Pineapple Grove Adm 85, Old School Square Debt Service Repay to City 30, Organizational Support -OSS 210, Total 7360 Old School Square 240, West Atlantic Redev Coal (WARC) Admin(Ins,Audit,Tele) Mktg & Promo (WARC) Total 7370 West Atlantic Redev Coal (WARC) Green Market Expenses Personnel & Staff-Green Mkt 5,061 Reclass Budget from #7384 (no change in total) Entertainment-Green Mkt 6, Supplies & Materials-Green Mkt 7, Adm & Ops-Green Mtk 2,365 Reclass Budget to #7381 (no change in total) 178 Total 7380 Green Market Expenses 21, D.B. Public Library Administration-Library 270, Total 7390 D.B. Public Library 270, Total 7000 COMMUNITY IMP & ECONOMIC DEV 2,959, PROPERTY MANAGEMENT Building Maint-Prop Mgmt 35, Landscaping-Prop Mgmt 88, Mgmt Fees 31,000 Not budgeted [s/b $31K] For short term contract with CLT Property Taxes-Prop Mgmt 26, Legal Fees-Prop Mgmt 5, Utilities 34,000 P:\Accounting\Budgets\For Web Site\Budget Amend#2 7/25/2014 3:37 PM Page 4 of 6

5 Block 60 Parking Lots-Prop Mgmt 10, Total 7500 PROPERTY MANAGEMENT 230, ADMINISTRATION PERSONNEL ITEMS Salaries & Wages 695, Payroll Taxes 53, Travel Allowance 12, Ins-Health/Dental/Life 91, Cell Allowance 7, Retirement Contributions 46, Casual Labor Total 8010 PERSONNEL ITEMS 907, SUPPLIES & MATERIALS Office Supplies 25, Postage/Express 4, Total 8100 SUPPLIES & MATERIALS 29, EQUIP/PROP/MAINT Computer Equipment & Supplies 8, Equipment Rentals 21, Repairs/Maint 5, Furniture & Fixtures 2, Office Equipment (Assets) 1, Total 8200 EQUIP/PROP/MAINT 37, OFFICE SPACE Addition (Swinton) Storage 1, Maintenance 13, Telephones 9, Utilities 7, Security 2, Total 8300 OFFICE SPACE 34, ADMINISTRATION/OPERATIONS Accounting 16,635 to add for special board audit - that was not in the budget Legal - Admin 40,000 Adjustment - does not include potential litigation-employee Capital Outlay 5, CAMLots/Homes Maint 5, Contractual Services 10, Printing 6,000 Was not enough budgeted ( 20 year report) Publications/Subscriptions 1, Advertising 2, Business Expense Bank Services 4,500 Budget was too low Employee Recruitment 2, Employee Moving/Storage Organization/Member Dues 6, Public Relations/Communications 8, Insurance (Comm,D&O,Veh,BldgR) 107, Meetings 3, Seminars & Workshops 10, Staff/Board Retreat 2, Travel 9,000 Adjust - budget was too low P:\Accounting\Budgets\For Web Site\Budget Amend#2 7/25/2014 3:37 PM Page 5 of 6

6 Miscellaneous Total 8400 ADMINISTRATION/OPERATIONS 238, Total 8000 ADMINISTRATION 1,247, DEBT SERVICE Credit Line-Issuance Costs Debt Bond Int-Taxable Int 1,858, Debt Bond Int-Tax Exemp Int 218, Total 8600 DEBT SERVICE 2,076, Total Expenditures for Activities 17,657, Revenue Over/(Under) Expenditures $ (739,950) $ (688,495) P:\Accounting\Budgets\For Web Site\Budget Amend#2 7/25/2014 3:37 PM Page 6 of 6

Resolution Budget FY 16-17

Resolution Budget FY 16-17 Approved Exhibit A CRA Delray Beach Budget FY 2016-17 Resolution 2016-12 Budget FY 16-17 Amendment No.1 Resolution 17-01 Budget FY 16-17 4005 TIF - City of Delray Beach 10,080,218 10,306,868 4010 TIF -