HomeMy Public PortalAboutResolution CRA 2022-02RESOLUTION
2022-02
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CRESTVIEW, FLORIDA, ADOPTING A BUDGET
FOR THE FISCAL YEAR 2023, BEGINNING ON OCTOBER 1, 2022
AND ENDING ON SEPTEMBER 30, 2023, AND PROVIDING FOR AN
EFFECTIVE DATE
WHEREAS, the Community Redevelopment Agency of the City of Crestview is required each
year to adopt a budget for the next fiscal year; and
WHEREAS, any amendments to the budget may be accomplished by the Community
Redevelopment Agency by a formal Resolution;
NOW THEREFORE, BE IT RESOLVED THE COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF CRESTVIEW,
FLORIDA, THAT:
Section 1: The Crestview Community Redevelopment Agency hereby approves and adopts the
budget for its Fiscal Year 2023, attached hereto.
Section 2: The Budget approved and adopted by this Resolution shall be effective October 1, 2022.
PASSED AND ADOPTED IN REGULAR SESSION THIS 8th DAY OF AUGUST,2022.
Cres
Nathan Boyles,
C41air
Ma yann S: -ader
Cit ~ Clerk o
ity Redevelops ''`'nt Agency
J
:0! �•
S
• ohb go,
0ON••••••I
•
•
•
•
CD:
•
w:
CRESTVIEW COMMUNITY REDEVELOPMENT AGENCY
2022-2023 BUDGET
Adopted Budget
2022-2023 Beginning Balance (estimated)
$ 500,000.00
Operational Revenue (estimated)
TIF Funds - County
$ 110,058. 00
TIF Funds - City
$ 196,702.00
Interest
$ 3,000.00
Miscellaneous Income GRANT transfer
Total Projected Revenue for 2020-2021, t
Operating Expenses
CONTRACTUAL SERVICES
Mainstreet
34-00
$ 50,000.00
Downtown water
44-00
$ 1,500.00
Auditing Fees
32-00
$ 6,000 .00
Legal Fees
31-01
$ 5,000.00
Personnel Expenses
34-00
$ 36,000 .00
ADMINISTRATIVE EXPENSES
Travel/Per Diem
40-00
phone/equipment 41-00
$ 2,050 .00
$ 650.00
Insurance
$ 1,846. 00
Printing
47-00
$ 100.00
Office Supplies 51-00
Operating Supplies 52-00
$ 750. 00
$ 1,800. 00
uniform 52-01
$ 300.00
Marketing 52-03
$ 14,627.00
Fireworks, new Years 52-03
$ 15,000.00
Newspaper ad 52-03
$ 500. 00
Dues and Subscriptions 54-00
$ 2,000. 00
Equipment
Training.
64-00
56-00
2,000.00
1,000. 00
Program Services
Downtown Improvements and upgrades 63-00
Bush House 63-00
302,000. 00
12,637.00
Grants 82-00
335,000. 00
Other Expenses/Transfers
Cost Allocation
19,000. 00
Total Projected Expenses for 2022-2023