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Agenda 08-07-14 Janet Prainito BOYNTON c BEACH BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY OPERATING BUDGET FISCAL YEAR 2014 -2015 OCTOBER 1, 2014 - SEPTEMBER 30, 2015 BOYNTON CRA =BEACH CRA Budget Meeting Thursday, August 7, 2014 6:00 p.m. until the conclusion of business at Intracoastal Park Clubhouse 2240 North Federal Highway Boynton Beach, FL 33435 AGENDA 1. Welcome by Board Chair Jerry Taylor 2. Invocation and Pledge to the Flag 3. Work Plan - FY 2014 -2015 4. FY 2014 -2015 Budget Overview 5. Review of General Fund, Project Fund, Debt Service 6. Adjourn NOTICE IF A PERSON DECIDES TO APPEAL ANY DECISION MADE BY THE CRA BOARD WITH RESPECT TO ANY MATTER CONSIDERED AT THIS MEETING, HE /SHE WILL NEED A RECORD OF THE PROCEEDINGS AND, FOR SUCH PURPOSE, HE /SHE MAY NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDING IS MADE, WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS TO BE BASED. (F.S. 286.0105) THE CRA SHALL FURNISH APPROPRIATE AUXILIARY AIDS AND SERVICES WHERE NECESSARY TO AFFORD AN INDIVIDUAL WITH A DISABILITY AN EQUAL OPPORTUNITY TO PARTICIPATE IN AND ENJOY THE BENEFITS OF A SERVICE, PROGRAM, OR ACTIVITY CONDUCTED BY THE CITY. PLEASE CONTACT THE CRA AT (561) 737 -3256 AT LEAST TWENTY -FOUR HOURS PRIOR TO THE MEETING °ROGRAM OR ACTIVITY IN ORDER FOR THE CRA TO REASONABLY ACCOMMODATE YOUR REQUEST ... - _ - A , .•. , ..-- i'l 4 4 ' ki lit il, 4 '4 ''. '' catch a • ? •el ' — .1 , :.... --...., '-'1eGl' ...ow.. ■ ii 44 S oPP .„, ..EcRA __---- . ,-..-- --_-_- • 11111.11." BEACH icRA 40 1 , . dt OM si 0 .,, , I 1 aa iillIa WOR I, pL N . 710 North Federal Highway Boynton Beach, FL 33435 - 561-737-3256 - www.CatchBoynton.com Table of Contents Pages Work Plan FY 2014 -2015 01 -50 Budget Overview 51 -58 General Fund 59 -75 Project Fund 76 -80 Debt Service Fund 81 -82 ; -i4 fir i ..., 'Arl ■ fir . .. •- jsRRyyyyy �y ii, ` i 1 BOYNTON HARBOR MARINA CRA Funding: $700,000 OPEN SPACE CONSTRUCTION DEMO /CONSTRUCTION /DRIVE LANE REPAIR/RFQ FOR DESIGN BUILD This multi -year, multi -phase redevelopment of the CRA owned Boynton Harbor Marina continues with the construction of the final phase of the overall marina redevelopment plan. The Marina Open Space project has been designed to provide a more expansive view of the marine businesses and waterfront. An additional benefit of the Open Space project is to create a more visible corner in order to create a safer environment for the pedestrian and automobile traffic. In addition to the Open Space Project, the CRA's existing one way drive lane adjacent to our marina slips is showing obvious signs of settling and will need be repaired and incorporated into this final phase The marina has been at the heart of most of the CRA plans since the creation of the CRA in 1981. The redevelopment of the marina into an attractive, functional and economic driver for downtown is an ongoing goal for the Agency. The City is lucky to have such a unique gem within its downtown. This project is intended to build on the CRA's previous marina improvements which have enhanced customer and visitor experience when coming to downtown Boynton Beach. ,,M R ,, 1 S, L,;_ 4 4 "M -`.. . ,.. • � \ r QQyy - . . . }', x r. 'n.7 y u 4 _ -, 4 7 ;/. e / . ' , , i i . ' i * i a. 401.. j j • .t asiii , - . +w 7 °I., , ' r . 1 J c -• a+. 'R Page 1 of 82 II. NE 4 Street Enhancement and Parking Lot Project CRA Funding: $211,617 As more residents move in and redevelopment opportunities are realized in the downtown core, the need for parking becomes more critical. FY 2013 -2014 funding for this project consists of rollover funds of $136,617. Based on Kimley Horn's revised estimate for the project which added improved street elements and parking lot features, staff is recommending an additional $75,000 in FY 2014 -2015 for a project total of $211,617. As identified in the Downtown Vision & Master Plan and Downtown Parking Study, creating public parking opportunities throughout the downtown should be an ongoing activity of the CRA. The existing City owned parking lot is currently in disrepair and inaccessible to the public. In addition, the existing conditions on NE 4th Street are lacking sidewalk and parking elements that make the area more functionally and esthetically appealing to visitors of our downtown. The CRA proposes to redevelop the existing parking lot adding parallel parking bulb outs and re- striping of existing roadways to identify on- street parking spaces. NE 4 Street Public Parking Lot f 41 . te P +,_' 1? )) ' '' `. - t --,7.: ' " S a #�,' ..r, t:: 1 I arh 41 r'; _ _ 3495 sh . r t$ r, , _ } Tv_ 4 I .., x i % 'i y . ,' . � I` 4 ..__ ..‘. _ . _ 7: gam ... kMS.1 J J .: 4 may , 1 011 Page 2 of 82 f i. Conceptual Design Options for Parking Lot Improvements ,,, 4,, ii ' - t../P k I x T I -. 4 . 1 1e IP . .. It ,til : , c., , , , .. --, ., .. a ilid: 1111101111 . I 4}' . .....r - moo r , a is Et 111 /1 t : . a g ... e � I if • ^ V; ' ,i: ( 4 ,, f ' ' , 4r .. * : . Ir. , ,,, Y it Page 3 of 82 IP • Dewey Park Stage & Lighting Enhancements CRA Funding: $25,000 Dewey Park is located at the corner of E. Ocean Avenue and NE 4th Street and although a beautiful green space, the park was not fully utilized given its location in the heart of what has been identified as the downtown. Last fiscal year the CRA paid for and installed three artistic lanterns in the specimen Banyan tree as well as purchased new concrete furniture to enhance the passive park experience for visitors and restaurant patrons. The CRA currently utilizes Dewey Park as the location for our monthly "Movies in the Park" event which draws an average of 100 -150 people to Ocean Avenue and surrounding downtown area. CRA staff is proposing a project to install additional light fixtures in the tree to enhance its large canopy and provide more Tight to the overall park space. Existing Conditions at Night a r • s ,, I L ib The large canopy & re ,.1ka branches of the °" existing Banyan > trees R • 40' r • 4 w .A� W 4 t , r * t f . +;; ' r s Page 4 Due to the success of "Movies in the Park ", the increased number of attendees creates obstructed views for many of those viewing the screen. The current inflatable screen is installed at ground level which limits viewing opportunities. CRA staff is proposing to construct a small concrete platform built in the current screen location that would elevate the screen approximately 3 feet thereby creating a better viewing angle for the attendees that are further away from the screen. In addition to the platform's use at "Movies in the Park ', it would provide a stage type element for any future park events where a small stage might be needed or as additional park furniture. The conceptual dimensions of the platform would be approximately 24 -32 inches in height, 22 -24 feet in length and 12 -15 feet wide in order to accommodate the size of the inflatable movie screen. tower ^ ' 0111r ILEX P' Page 5 of 82 '' North Federal Highway /FEC Corridor CRA Funding: $132,775 Landscaping Improvements the stretch of N. Federal Highway extending from just south of Gateway Boulevard, north to the City & CRA boundaries, has many areas of missing or dying plant material along the west side of the FEC corridor making this area less appealing to those entering Boynton Beach from the north. These gaps of unhealthy, dead or missing plant material also allow for clear sight of the FEC tracks adding to the neglected appearance. In working with City staff and the design team at Kimely Horn & Associates on preliminary design and material costs of the proposed project area will likely exceed the proposed budget amount and most likely be accomplished in phases if the project and funding is approved by the Board unless matching funds can be raised from the private sector. The Casa del Mar and The Peninsula projects have expressed an interest in assisting with this project. Proposed Project Area ' ...,: • u, ; C '`' '' .` • - : .- .3 ,.. .-J,. d..1. < e ,. 4 , r • Awr . s - . .tl.I ' ,�.., r 1 `; • - 9 . 4 , 17"'., 4 ww r.' 7 •'' '_-/011 lly " i %a) ri fi r . j -..- `-, ,",, ; ` ...::. .4�.. 'a • Y4 y oa y, °1 - • PP 4.1 s . [ I e • ' : .- jr t -t ÷ t to _ ., eF . 9.!! - 3 p L , ..a.`;:m s 4- y •3 G�� „4. '4'1_ ,i ' mr f .. .. • 4 `„J, r, ' r � $� M s ,r,.. ' L ; , .; i . �` 4: n14 . t ,310. k it '°"'"+r -1,1 , -v f1' .! ' t^ ,;...„..41, �� i� 1,1 ' " t ,.-.„— " '- x .'4- ` .1 t:,) I.j i 5 i " 4 •:. ( • C4 '' Goo* '� Page 6 of 82 Example of Existing Conditions along N. Federal Highway ,p. 440 fi .. R Page 7of Acquisition of Key Parcels CRA Funding: $882,024 Ocean Avenue and the Heart of Boynton CRA's are charged with purchasing property and removing barriers to private redevelopment such as unreasonable sellers, contaminated property, and strangely platted blocks to name a few. The CRA has a few property assemblages started in the Heart of Boynton; the 100 block of NE 4 and 5th Avenues and Martin Luther King, Jr. Blvd (MLK). The first of these is to correct a platting issue that prevents the block from ever being fully developed. The second is to create commercial and /or mixed development at Seacrest and MLK. Staff is recommending that the Board also approve acquisition of key parcels within the Ocean Avenue corridor, if possible, to strengthen connections along the Avenue. Depending on the parcels acquired, new buildings could be constructed through public /private partnerships. Existing buildings could be renovated and used as space for artists to sell their work and new restaurants. 100 Block of NE 4 th /5th Avenue 4 -. 1 � ,. , 4 x " _ RA Owned Land - s a _. . � e ,..a •.. a his z A .w . `" `" 1 , Wyk 1. « T . ' tA•. t . _ fe • Page 8 of 82 '11 Ocean Avenue [k:.:an \r. ywc C; md,rc Map "... " L � .Y - y`:; _ l ,;.....'''.7.• ! _ it �° i v___ . .. .,-. -.-��- ,....�` ' ' a - - - ids - f `� 1 ei ,, Y M s - 4u.► 4 . � ., / a f 41111114 i Ws M • 1 ! /I ` "-,;- - 1 IN le '',:F - / , , t w G '.. Page 9 of 82 Street & Tree Lighting Project — East Ocean Avenue CRA Funding: $256,393 The CRA Board approved funding in the 2013 -2014 budget for enhancement of the existing lighting conditions on E. Ocean Avenue to reduce the number of dark areas along the Avenue. The project area extends from Seacrest Boulevard to Dewey Park. To date, the work that has been completed is a survey of the area, an analysis of the existing electrical system and research on various options of lighting systems. The length of the project is quite large extending four blocks with existing street lights and sidewalk trees running along both sides of Ocean Avenue. The design proposal takes advantage of the existing trees by adding "up lights at the base of each tree on both sides of Ocean Avenue. The design proposal also suggests adding nine new street light poles to the west end of E. Ocean Avenue along both sides of the street where none currently exist. Due to the costs coming in higher than budgeted in FY 2013 -2014, staff is recommending additional funds in the amount of $200,000 from this fiscal year to complete the project. Existing Conditions Page 10 of 82 t'• Proposed Lighting Plans . I i 4 ram. Iffssr i g t t M t fl t a & A t 101 CI B --V - .-- ` - 1111111r -4:•16.1 1 i ' p o iii F.4 - A I I il " - c re g li ® 0t ® 1 II &-. ® ® 11 v.v 1 1 ! IP 1 11 4/ t ;jilt; I Si 1 • 4 • ...JR. s. !Ii0 ...sari .sa■ I. I I 1 a I I i — s — Ili a 7 . 4 , a a 4 • • ** *7 4 4 0 • I 0 t.) , 1 4 4 , 0 ,. , i , — T *: f v .A.• . T )4 asl It t 21 , i s i t, 1616 - — , Page 11 of 82 e Signage for the Boynton Beach Arts District CRA Funding: $25,000 As featured in virtually every form of media, the Boynton Beach Arts District (BBAD) has become a destination for art enthusiasts and visitors from all over Palm Beach County. The City of Boynton Beach Public Art Commission and the CRA have worked closely with BBAD to assist in the promotion of their artists and events. The BBAD is located in the industrial area of the CRA district, west of 1 -95 just north of Boynton Beach Boulevard on W. Industrial Avenue. Signage identifying the Arts District is needed to further enhance and promote this special CRA District asset. 3 06.'4 r fi ' Page 12 of 82 ,„ - c . If i, <Q ‘.iirw,...,, c - '444- C i P - r V - ., Aill: i r ! 4 I t4/? 4, Lib l 1 /0, ' ' l'A' • . h ' '' 1 : �a OF T►I.�, ark' sue' i;`� .r .. . - i *"�'^"'�•' -yam • '��.'. ,i4"4 4'f '�.. �.. ^ ." T ! ^c__a.,t ;' .. ~• '\ t � !` tea- r _ _ -. �__._._._._ ...___ __� . ...._ - 3 L B 04 - l \ m y „iiirdit"....-___ r .... ;� ' � """". '.�` – — _ Boynton Beach P . - _ --1 -: . . w ...t ...... - Arts Distract �� -_. � r— i ta -- 4 arm __ NVl _ _ _.y A.. litz IL IP - "-*""e . . w y v Page 13 of 82 '. Town Square Project CRA Funding: $500,000 Initially funded in FY 2013 -2014 for the cost of the Treasure Coast Regional Planning Council study, the Town Square project which encompasses 18 City -owned acres is key in the redevelopment of downtown Boynton 3each. Some ideas for the area include a new City Hall, a renovated Old High School with civic uses, making the Library accessible to pedestrians and using the current City Hall site for a new mixed -used development. The Treasure Coast Regional Planning Council has developed short term, mid -term and long term actions to implement the redevelopment of this area. Additional CRA funds to those allocated in FY 2013 -2014 can be used to improve lighting, parking, pedestrian access, landscaping, demolition, etc. Once the Commission decides which steps it wishes to undertake from the Town Square Project, the CRA will begin a work plan for this pool of funding. Town Square Project Area � '� a vv.,. , I t, � ss ff 1 f � ' • 1 n i • . t 7 1 !. � . • Z All '! ' F � 1'r c ' r •� • .I „ .,. earn B f w d 4 f ' CTS. s ,:t s+ k r,,,r g r rz et -- tJb l� 1.(eUC . .---- ,�.w . �_ 1 15�.Ve ' y *„� it lh , , 4' ,k • J - - • i , � ` ., ` : s s , , 4 , --Id' ` ) - now Z _ 7 - . 1 /�`o , .,..,, a�� ' -0, 21:1�E�®cean�Ave 1 �B�ynton B c each FL 334 , 35, USA h '. ire,. • e . x 1 1 411 1 I r, ,,> ', i : 1, f X IA J. 11 iww G e + 1 i..,.1 II( d _ r Tr 4 °c ►Y r ♦ r i �, ��lntl•HVe Sctlyl v ) • f Li - A t I, ..IW t� Co,sill ., S � o f.. -1� .I. '..-'1111:4; 1 ,y i „t f i trr' - i 4 ` 7 - �.n e qq . 1 �Y n # • ' , Al ' *e � ,^'�� tc40:. • CF .1`"w�` 5 ,,..-3 ",c1-Aye � w Y .. .., � t .� t ;A �. LL i3 �� • Aili 5 s!- i 11 I — , , N 10 ; ' F C- 1 1 r 01 1. t+4 ." i F 1 1 11 1 I Page 14 of 82 f. Ocean Breeze East CRA Funding: $0 The CRA purchased this 4.3 acre property along with the property across the street (Ocean Breeze West) in the Heart of Boynton community in May of 2007 after the Boynton Terrace buildings were destroyed by hurricanes in 2005 and 2006. The Heart of Boynton Community Redevelopment Plan called for the redevelopment of Boynton Terrace. Ocean Breeze West is completed with 21 new single - family homes by December 2013. The CRA has issued an RFP and will negotiate a development agreement with the entity selected by the CRA Board. Ocean Breeze East Site r "4" r V 'y' 4 . ., r , tikt , ,:i. Jr .. „ ,. .. 74,--- - ... : _ , t . a...4 s.+, - 4 1, ,...00.41 i 1i t? . ' Concept e 1w 4, . 1111 r° !' its i • I, ' 4, 1 ' r .. , .. _!►. cr INK ' - • Page 15 of 82 ' • Plan Updates CRA Funding: $160,000 Federal Highway Corridor, Ocean Avenue, Downtown Master Plan, Boynton Beach Blvd. The Commission and CRA Board members adopted an aggressive schedule for the activities to be achieved under the Strategic Plan. All of the CRA's plans are to be updated as well as the accompanying ordinances. To date, only the Heart of Boynton Plan has been updated. The amount of work that goes into the updating of a plan is enormous. There is research, data collection, analysis, and design concepts that must be conducted. Both the CRA and City are limited in their staffing. Therefore, it is recommended that outside consultants be utilized for a portion of the work so that we stay on the Strategic Plan time schedule as closely as possible. Staff has consulted with Treasure Coast Regional Planning Council for a price in assisting with this work. s , ..rte - . `._ . I ll ,'' — e a , ► 4 T °'. s.v t +A.: 0- t.- W.. _ _ . i i j #1 .., (A r t , c o otyproor Aii ach1 11: Vision & Master Plan I I Page 16 of 82 ' Sara Sims Park Playground Equipment CRA Funding: $25,000 Recently, the City allocated $75,000 from CDBG funds for playground equipment at Sara Sims Park. However, this amount was not adequate to include the rubber mulch to go under the equipment. The amount needed for this element is $25,000. Sara Sims Park Master Plan 04 , c, 1 ,. „,,,,, ,, l ,fi r It Sys Noll , I K » M f ; I fit 9 yuJ t J w ' ►v ..,,, 7 ox , ''' ' .\ t L , y �� \�M. /11 F ` y ,} r ". j 4 C '^ t k,,,- , . , , / l i t voir-'41." ' ' - -- t ' al ,_ ,, ems. i , , , , , 4 \ V ,• u 1 , , 4# , . q s. _ " - »..tea,: - , ` ",/ yam... 1, \ 0,0 - - i ..., 1 .„‘„ 4 „, , � ,, r ,, 4101.1r . Page 17 of 82 ()lb Woman's Club Renovation CRA Funding: $50,000 The Boynton Beach Woman's Club is one of two properties in the City on the National Historic Register. This Addison Mizner designed building was built as a memorial to Major Nathan Smith Boynton, founder of Boynton Beach. The club is applying to the State of Florida Division of Historical Resources grant in the amount of $100,000 to help undertake the much needed renovation of the windows and doors. The State requires a 50% match if the club is successful in the grant award. Additionally, the Club is embarking on a $500,000 five -year capital campaign to renovate all areas of the building. Club members will be actively fundraising throughout the community to improve the building. Boynton Woman's Club trit„ r .....__ ..„ i il , it ,. _ _.__. * .' ' .- r ---, - - -.., ,- - - i.i '. ,. ` y '! Page 18 of 82 __ - - __- ______ BOYNTON WOMAN'S CLUB 1010 S. Federal Highway P.O. Box 1135 Boynton Beach, FL 33425 Phone: 561- 369 -2300 Fax: 561- 369 -8745 e -mail: bwc1909@bellsouth.net website: www.boyntonwomansclub.com Addison Mizner Building, 1925 -1926 National Register of Historic Places, 1979 July 21, 2014 Ms. Vivian Brooks, Executive Director Boynton Beach CRA 710 North Federal Highway Boynton Beach, Florida 33435 Dear Ms. Brooks: With the generous support of the Boynton Beach CRA, the Boynton Woman's Club has started the first phase of the restoration of the windows and doors. Utilizing the funding from the CRA Facade Grant coupled with the match from the Club, we were able to address the first three sets of double doors. We now intend to apply for a state grant in October that will enable us to complete the restoration of all of the badly deteriorated windows and doors. We will be requesting a state grant for $100,000 that will require a match of $50,000 and we are asking that the CRA provide that match. The terms of the grant would require the availability of the cash be documented by resolution or minutes of board action and dedicated expressly for the project: Boynton Woman's Club Window and Door Restoration. The documentation must be included with our application in October, but funds will not be drawn until the grant period begins (July 1, 2015). This investment would complete the cycle of projects, started with a new roof in 2008, that will result in a structurally sound and attractive building. The Boynton Woman's Club has always been an important part of the historic heritage of Boynton Beach and it is now our goal to restore this building to become an important part of the new and revitalized Boynton Beach, a place that will attract visitors and patrons throughout Palm Beach County. Sincerely, r- 1 Cad Patricia Waldron, Co- chairman Barbara Wineberg, Co- chairman Boynton Woman's Club Historic Preservation Committee Page 19 of 82 �� BOYNTON WOMAN'S CLUB 1010 S. Federal Highway P.O. Box 1135 Boynton Beach, FL 33425 1 4 8 V Phone: 561- 369 -2300 Fax: 561 -369 -8745 e -mail: bwc1909@bellsouth.net - ' website: www.boyntonwomansclub.com Addison Mizner Building, 1925 -1926 National Register of Historic Places, 1979 July 28, 2014 TO CRA Board of Commissioners RE: Boynton Woman's Club Window & Door Restoration CRA Budget Request - Match for State Grant - $50,000 Enclosed are the following documents in support of budget request: OVERVIEW: • Background • Budget Request • Planning PHOTOGRAPHS - Current Condition FIVE YEAR CAPITAL PLAN - Sources & Uses We thank you for your consideration 1 �%Ul.t�cJ it/ Patricia Waldron, Co- chairman Barbara Wineberg, Co- chairman Boynton Woman's Club Historic Preservation Committee Page 20 of 82 t- Boynton Woman's Club Photos documented July 27, 2014 T Demonstrated need for restoration /repair and painting of deteriorated French doors 1 � " s . - 1 r it , , \ "I llk Ms 9 0 / S g a. T1 1T w w - a ., It Yqy Page 21 of 82 ea. Boynton Woman's Club Photos documented July 27, 2014 Window views and various conditions in need of restoration which may include rebuilding, refitting, patching, cleaning, and t 1 '.t, u painting. . ... a rea 1 . 1 i - j I V ■ r mss p ii I f• Page 22of82 Capital Plan Cost Source of Funding Restoration of Windows & Doors CRA Facade Grant Phase I $ 30,000 Boynton Woman's Club Restoration of Windows & Doors CRA Phase II $ 150,000 State Grant Community Fund Raising Air Conditioner Replacement $ 50,000 Boynton Woman's Club Community Fund Raising Clean, repair & paint exterior $ 20,000 Boynton Woman's Club ADA Acessibility $ 20,000 ADA Grant Community Fund Raising Recondition Wood Floors $ 30,000 Boynton Woman's Club Replace Elevator $ 50,000 Government or Corporate Grant Government or Corporate Grant Parking Expansion Plan $ 150,000 Community Fund Raising Total $ 500,000 CRA $ 65,000 Boynton Woman's Club $ 60,000 State Grant $ 100,000 Other Government & Corporate Grants $ 170,000 Community Fund Raising $ 105,000 $ 500,000 Page 23 of 82 ' Business Incubator Support CRA Funding: $20,000 A culinary incubator program for small business under the Community Caring Center, the Secret Garden Cafe, s a unique 3,500 sq. ft., 48 -seat restaurant/ market/ deli/ bakery/ catering facility that offers shared usage of a commercial kitchen and retail market space to would -be entrepreneurs and /or existing businesses. An incubator program provides a shared space to small businesses to practice their trade, and technical assistance in a nurturing atmosphere that assist small businesses develop, called incubator clients, to develop their business concept. Once clients become independent businesses they can become part of the Market Cooperative, a model that offers shared usage helping to reduce administrative overhead expenses in the early stages of business development. The goal is to grow the businesses into future tenants for space in the downtown or greater Boynton Beach area. If the Board elects to fund this program, funding will be done on a quarterly basis after reports are submitted to the CRA by the CCC showing the number of persons assisted, number of businesses started, and expenses paid. I 9 eelfeer , ,/ ,„/ _. B Page 24 of 82 '• 2014 -15 Funding Request Community Caring Center of Greater Boynton Beach, Inc. d /b /a Secret Garden Cafe, A Culinary Incubator Program i • E NY rig _ _ 1 , ..,..., 1 ... . k . .i { $17r' `°� ∎i11tin ■ 1 . �,. " rt3 f i.,..‘,: � 4 r Fir ) !F ■ F 7!: 1 Page 25 of 82 '• Overview Incubator Program Proposal: Request for matching funding in the amount of $100,000 to work with a minimum of 39 to 75 start-up culinary businesses. The Incubator will provide a set of deliverables that include training, business & marketing plans, credit repair, making them bankable and eligible for micro - enterprise loan funding, CRA small business grants and prepared to provide jobs and reduce the City's vacancy rate. This program goes hand in hand with the anticipated growth of The City of Boynton Beach, and Redevelopment Initiatives of the CRA, for example: incubator businesses that use the commercial kitchen are able to obtain necessary licenses needed to participate in the Boynton Boutique Market sponsored by the CRA, as well as, use the kitchen to produce their products to be sold at the market. We require that all of our start-up businesses use the green markets in their first year to develop their customer base and obtain immediate feedback as to pricing, presentation, and quality of product. See attachment Budget FY 2014 — 2015 and Monthly Deliverables Report Form Description: The Secret Garden Cafe, A Culinary Incubator Program is a unique 3,500 sq ft, 102 -seat Restaurant /Market /Deli /Bakery that offers shared usage of a commercial kitchen and retail market space to "would -be" entrepreneurs and /or existing businesses. The Incubator provides technical assistance and a nurturing space that assist incubator clients in the development of their business concept. The co- operative model offers shared usage helping to reduce administrative overhead expenses in the early stages of business development. The Incubator setting provides HOPE and HELP. It increases the success rate of emerging small businesses. It allows for a "test run" to determine the viability of their product, increase their market share, determines their stamina, talent, and tests personal support structures, all necessary to insure their success rate. Because we use a co- operative model, everyone is encouraged to help, i.e. most cooks if not busy will provide support staffing to anyone asked to cater a function, bakers offer to provide wait staff and bartending assistance to chefs during food service times, etc. We encourage the participation of Incubator clients with local Farmer's Markets. It is a marketing arena for incubator clients to increase market share, test sample new products, verifying quality and pricing, and get direct customer feedback. Our membership with the Greater Boynton Beach Chamber of Commerce, and our relationship with the City of Boynton Beach, Taste History Culinary Tour, Community Redevelopment Agency, as well as, CCC's fundraising events, provides Incubator clients with many opportunities to market their businesses: VIP Hunger Walk Sponsor's Reception, Kinetic Art Symposium, Taste of Boynton, CRA's Boutique Market, KeroWacked, and other Art District events. Client Eligibility: The Incubator program works with start-ups businesses, new and /or existing small businesses associated with culinary skills, catering, events and wedding planning, health and beauty products, nurseries, floral, farming, fishing, meat, produce, artisans, Import /Export, nutritionist, wines, coffees, teas, etc. There will be opportunities for basic workshops offered by members 2- Page 26 of 82 's of the TEAM that can be expanded to the general population within the targeted CRA District. S.C.O.R.E., IED, and GBDC curriculum includes all relevant business and technical assistance training. These training classes include community outreach, evaluation and reporting. There will be several short weekend symposiums offered with Go -Daddy and Google offered through S.C.O.R.E. as well as at least three (3) 16 -week courses in Marketing and Business Plan Development. Marketing courses will focus on how to effectively use social media to build market share. Requirements: - Participate in training classes offered by the Incubator Training Team consisting of Am Trust, Secret Garden Cafe (CCC), PNC, International Enterprise Development (IED), and Global Business Development Center (GBDC). Develop a Work Plan - identify annual goals and objectives Goals: Reduce retail vacancy rate within the CRA /City of Boynton Beach areas Job Creation Create independent successful business owners who intern hire from the community. Since the creation of the Incubator model in 2008, CCC has worked with over 1,500 small businesses through the green market program. Of those, 240 have become Incubator clients. A copy of our Incubator beneficiary data base is attached, which shows that, 94 have quit for various reasons and 16 have gone on to become licensed independent businesses. Of the forty -five (45) Independent, New and Retained businesses, we have help to create 21 full time jobs and 54 part-time jobs. There are another eighty -seven (87) small businesses that have expressed interest in becoming part of the Incubator program. Sixty -seven percent (67 %) of those Incubator clients are from the Boynton Beach area wanting to do business in the Boynton area. See Attachment Beneficiary Data Report The attached form shows the start date for the businesses, if they have gone on to become fully independent, the number of new businesses that join in the current fiscal year, and the total number of businesses operating in the Incubator Program during the current year. There are a number of businesses that start and stop and then restart for various reasons, eventually they become resolved and they are allowed to return. Additional assistance is provided as they mature and become independent: mentorships, professional services, mentorships, micro - loans, and CRA grants. BUDGET AND NOTES TO BUDGET Our request for funding is for MATCHING FUNDS TO $100,000 See attachments: FY 2014/15 Budget and Notes to Budget 3- Page 27 of 82 '-• The Secret Garden Cafe, A Culinary Incubator Program - FY 2014/15 Budget Operations: Budget Notes Referrence #'s Rent 42,000 1 Utilities 15,500 Materials 3,500 Equipment, Repairs & 4,500 Maintenance Insurance 9,500 Licenses, Fees & Membership 2,500 Marketing & Events 4,000 2 Classes & "1 on 1" Tech Asst 25,000 3 Training 25,000 4 Continuing Education 2,000 5 Staffing: Executive Director 25% 20,500 Program Director Full Time 42,000 Professional Fees /Consultants 4,000 6 TOTAL EXPENSES: $200,000 Income Sources: PNC Foundation 25,000 (P) 7 Am Trust (NYCB Foundation) 10,000 (A) 8 Incubator Rental Fees 42,000 9 City of Boynton Beach CDBG 5,000 (Recommended) 10 Grant Organizational Fundraising 16,000 Quantum Foundation 1,000 11 Jim Moran Foundation 1,000 (A) 12 Boynton Beach CRA 100,000 TOTAL INCOME SOURCES: $200,000 4 - Page 28 of 82 ' Design of Boynton Beach Blvd. CRA Funding: $226,610 3oynton Beach Blvd. is the entry way into downtown Boynton Beach. Due to widening of the road by FDOT over the years, there is little area left for landscaping improvements which would enhance the area for visitors and residents. A new option that staff has explored with the Agency's engineering consulting firm of Kimley- Horn is to reduce the lane width allowing more median width and landscape area at the back of curb. This would require a reduction in road speed to 35 mph. ,._ WM? -_ __,,,,,,.. .10 11 6 it..,. - \'' pre as , , _ 3: : t _ 0 1 ' .. i I / - , 1 , I k ij - , � \ _ t i ll . '- ill td zi 40 110° 1 Sa L.b 1l I il. ' 4.; Gb 5'F f Page 29 of 82 '• 211 Renovation Grant CRA Funding: $200,000 ( he Oscar Magnuson House at 211 East Ocean Avenue is one of the oldest structures in Boynton Beach. The frame vernacular house is relatively well preserved. The vision for the house is that it will serve as a catalyst for retail redevelopment on Ocean Avenue with the right user. However, the conversion from a single - family home to commercial use is very expensive. Therefore, staff recommends setting aside $200,000 to assist with the conversion for the right user. If this portion of the budget is approved, staff recommends a vigorous campaign to attract potential users that have the proper financial backing to get the project done. 211 East Ocean Avenue .i. a th i ry xz .t 4- I :1 �' x • v r T 11 1 Page 30 of 82 t• ECONOMIC DEVELOPMENT GRANTS CRA Funding: $150,000 There are currently four incentive programs available to small businesses and commercial property owners: • Commercial Construction Project Incentive Program — Grant funding from $8,250 to $60,000 maximum • Commercial Facade Program — Grant funding up to $15,000 maximum • Commercial Interior Build -Out Assistance Program — Grant funding from $5,000 to $22,500 maximum • Commercial Rent Reimbursement Program — Grant funding from $6,000 to $7,200 maximum For FY 2014 -2015 staff is recommending that the Commercial Interior Build -out and the Commercial Rent Reimbursement Programs be increased for restaurants only. All other aspects of the programs will remain the same. Commercial Construction Project Incentive Program This grant program was approved by the CRA Board on May 14, 2013. The program is intended to provide additional financial assistance to property owners /tenants who are investing private sector funding into the redevelopment of commercial properties. The Commercial Construction Project Incentive Program will reimburse approved applicants with the cost of permit fee expenses up to 3.3% of the project's construction costs. Only projects ranging from $250,000 to $2,000,000 are eligible. White Elk Enterprises, LLC a /k /a Healing Heart, Inc. received approval for this grant program on July 8, 2014. The estimated project value for the complete renovation of two structures located on Boynton Beach Blvd. is currently valued at $377,000. $12,441 of CRA funding will be reimbursed to the property owner for permitting fees. Project is currently underway: WHITE ELK ENTERPRISES, LLC A/K/A HEALING HEART, INC. 013 COMBINED PROPERTY TAX VALUE $424,507 ESTIMATED IMPROVEMENTS $377,000 • t Y.c 1 : Page 31 of 84 '� Commercial Facade Program This grant program began in 2005. To date this program has improved the exterior of 55 businesses. Total of grant funding since 2005 = $543,379; Private match = $5,753,955; Ratio = 1 to 11 (Public to Private funding). At the end of July, 2014 there were five approved applicants for FY 2013 -2014. $65,423 in CRA grant funding allocated to those five applicants. To date, three of the projects were completed with a total of $35,423 in CRA funds allocated to those three projects and a total of private matching funds in the amount of $149,483; Ratio = 1 to 4 (Public to Private funding). CITY TOWING, LLC 2013 PROPERTY TAX VALUE $96,962 IMPROVEMENTS $150,000 C I c t F 1 a s i 1 • 1 }' ., . m2 .4a . 14 L Z I ,,,... i . . 1 , i 4... , t 4 7 ♦ • Page 32 of 82 '.6 In 2010 the CRA Board approved the addition of two grants based on job creation. Based on 1St quarter 2013 employee reporting from the grant recipients of rent reimbursement and interior build -out funding, approximately 232 jobs have been created or maintained since the inception of these two programs. Commercial Interior Build -Out Assistance Program Grant funding for this program is intended to reduce the initial costs associated with the construction or renovation of the interior elements of the commercial operating space. Improvements must be permanent and stay with the building. Currently, this grant is tiered with a minimum funding of $5,000 (2 full time employees required) to a maximum funding of $22,500 (3 full time employees required). Since May 2010 a total of 21 new /existing businesses have participated in this program. Total of grant funding since 2010 = $239,964; Private match = $2,561,351; Ratio = 1 to 12 (Public to Private funding). For FY 2013 -2014 there were three approved applicants. To date, $11,994 in CRA grant funding was allocated to two of the applicants (the third approved applicant is not due to complete their project until the end of 2014). Private matching funds for the 2 businesses totals $22,994; Ratio = 1 to 2 (Public to Private funding). Commercial Rent Reimbursement Program The program is designed to provide financial assistance to new and existing expanding businesses during the critical first year of operation. A business must maintain 2 full time employees for the duration of this grant (12 consecutive months). This grant is tiered with matching funding ranging from $400 to $600 per month. Since March 2010 a total of 23 new /existing businesses have been approved by the CRA Board. From 2010 to date a total of grant funding = $113,816; Private match = $347,855; Ratio = 1 to 3 (Public to Private funding). As of July, 2014 (FY 2013 -2014) there are no approved applicants. Page 33 of 82 It s MARKETING BUDGET WORK PLAN CRA Funding: $120,000 The Boynton Beach CRA requires a marketing strategy that concentrates on increasing and achieving a sustainable business district. This budget cycle will propel the marketing strategy through a newly strengthened brand and powerful tagline. Building upon the new brand identity by positioning the "Catch A" program with Discover the Palm Beaches and Visit Florida will project a long term vision and messaging that will support the mission of the Boynton Beach CRA. 1 1 10 11 1rWit ,...N i Brand and Tag Line Development Campaign • Enhancing and building on the development of our "Catch A" brand and "Catch Yourself in Boynton Beach" tagline • Planning of tactics for marketing strategies and implementation. Concentrating on a destination brand and highlighting our assets ex: Boynton Beach Restaurants, Boynton Harbor Marina etc... Bridging the east with the west on Ocean Ave. • Collaborating with the City Manager's office, Discover the Palm Beaches and Visit Florida to boost tourism in the CRA district showcasing the Marina, Downtown restaurants and retail businesses. Midi io w re(, in ,..„,., Boynton Page 34 of 82 '' Comprehensive Design Promotional Collateral & Collateral Campaign for Brokers and Tourism • Design and develop a custom brochure with the "Catch A" theme and promotional rack cards directed to Brokers and incentive programs such as grants and economic development friendly information. • Promotional Collateral for Tourism "Catch A" brochure promoting the "Boynton Lifestyle "... Boynton Harbor Marina, retail merchants and restaurants. • Design and development of rack cards to promote the Boynton Harbor Marina at the Florida Turnpike Welcome Centers working with Visit Florida Il ir , ,, , ,_ ,� -. ,.. Pte. / .. ;1 1'; . � ' 1 � 4,� , catch a -- big ,, mrrk ram/fit &1(f t !/� { [: '`, Ft i III w µ -i I ''.==!: I - 1 rd. _ , a , ,,,... ikr . rra.rs,..ey'r Page 35 of 82 t' Media Strategy "Message Building" Marketing Ad Campaign, Email Campaign, Website Campaign and Movies in the Park Video Ad Campaign • The development of a unique message building using the Catch Yourself in Boynton Beach tagline in ad campaigns in the Pineapple Newspaper that will drive the message to local residents and visitors. • An email campaign message and strategy will be developed in conjunction with the same brand theme "Catch A" with a focus on our local restaurants, services and retail businesses. • Add to our website under the drop down Out & About showcasing our local businesses and live music scene. • Boynton Forum bimonthly double page spread with the "Catch A" theme showcasing our local businesses. • Movies in the Park business development video campaign features a video of local businesses before the movie starts followed by a raffle at the end of the movie. The gift cards that are raffled off after the movies are from the featured businesses in the video. This is a marketing strategy to get people into the local businesses by winning a gift card. CATCH A BITE = 9 �1 p IN BOYNTON . ter 1N B1Rya4 511 If 49. ,i 46I 71E'0339 44419 4011 # " +* 739 f Ocean Ave 561 732 9100 4w6 Peak 2611 ' Fedor. Hey 561 5431965 141/N OW 500E Woalbi$tl PO 5513611119 OH 11.1611 E 18.66 Avr 5 51 " u BM Fran 9oyal 521 E Wo..I A Hd 561 7338221 Ors Gill t eA . 91 E 6.0466 Reath BAN 561 7.3 1 517! EW CM C >. r. , 1 112 E Often Ave 561100 Elysium Imes 40' 1 6,1.1 Hwy 561 715 7t.• Hurricane Alloy 529E Ocean Are 561361100E Jests: Hlstorall a.J ` reds,] 1+4 .. .�0. -. q 4.45,11 Tim LEN Heim 460E Ocean Ave 561/200673 - -. _ _ _ Wage. 6111m601 4 11111111! 1 5 1 1 E fedora: Hnl C R A A 16triell o I . a • 1 /wl� F'f' f' � �rr �jf'ff /+7frwf tf9fl i J am. 1 `61116 +7 WW Wiwi HwWm 41 Ma A .11164 307 Tae axo Bo nlw,11 B r . +4 I I nu; I f p cANK I _ 5. E WooMlgftl Rd 551 el* Prima CMS Mit E'A'R nn j i nP o I • r Baca Fine Tn. 16105 Waal Him 561 371 7476 \ f J r w e,e. ��.,. Feonal hie rA,,,rrre a,vw * � m � S Grill �� S.ull flealiulaM � ,. y '1,1 '39171 � �,,, Sere Winn C1M 110E Boynton Bes16 Boyd 561 6598 -t' t' i1" Su1111 Jo . 10 F 0.w• Ave 561 ill Ofic Soli kw 1671 Iwaaat eraenew m 1 ,—i A.5 S koaw Holy 561 731 1819 54.11•114 9! '. 1-k:31 Hwr ••aa wan, te a.ri : �< 3b 1194114 724 Cave Wm 86d 5643644 � . _ ., V � e YY :a . trig CST I M al . .+... lira/ x � =elm r `�� ` tr;i p Ca/cYB..th..con • 561.142.6246 7 it, - ►, ,; \I I 'ez irrivcrfimiill :. gain In Downtowar III Ego y ew Page 36 of 82 '- Promotional Base Messaging Postcards • Postcard Campaign "Meet Your Neighbors" featuring local businesses. The Postcard campaign will introduce local services to the HOA and local residents. • "Shop Boynton" is a direct mail campaign that focuses on the goods and services showcasing the retail businesses • Creating commercial broker postcards promoting our grant incentives and commercial broker events x 0 . Set Y • . r ` , . a ness�in Motion : . yyy f� p r I For more information on grant incentives visit '�k , cRA be,-n . � ,0 . . , i OQ i v 4 ,, ,, . c - r 5 . • _, _„,_ • fi Page 37 of 82 '' Marina Marketing Campaign • Creation of a Marina promotional video for tourism to be featured on our Youtube account, CatchBoynton.com website and Discover the Palm Beaches and Visit Florida websites • Development of an ad in Florida Cruising Magazine- Design a 1 /2 page ad highlighting the new Harbor Master building • Creation of Concierges packets with Marina Brochures and specials delivered to every major hotel in Palm Beach County • Creation of Marina Brochures and Rack cards for the Florida Turnpike and other locations catch a...FISH...DIVE...RIDE! at Boynton Harbor Marina " .. rn J Intracoastal Jet Ski Rentals :40; N H 561 - 7 -0612 j www.wavejumpers.com F - Z Jet Ski Club of Palm Beach - jl �� cc 561- 588 -3111 j www.jetskipalmbeach.com s ^ "- 2 222' , as # : . r n Q 0 W Dolphin Sun Dive Charters 03 z ,_ 561 - 886 -8925 J U > 1 www. dolphinsun.com Q - ut 0 u Loggerhead Enterprise Z �, 561 588 8686 (447sll arn 17 al Club (3 ynhm 4 ■al 17er ials r , '�- www. Ioggerheadcharters.com Sr,184 /?971 CWW (ul111ea118.e,1c1U4 am ,I 859T211 w.ntt. r. 411 .1 1 Splashdown Divers Inha; teslal JO Ski k 11 < R niahs limho Ct1 arl rs In1ru.,a l n>t.,c - p ,c 1 ZS v44 1w lungtisc E f, 1 7:15 113.41 r.. ri 4 rI ha 1 is. ,.rr - ' 561-736 -0712 m www.sptashdowndivers.com co Barefoot Fishinn Charters U C Great Day Sp $1 Rating y i Starfish Enterprise cc 581.870 - 3267 581 732 greak19291, rltlsirm0 Mtn 12 - 29 W Billy Goal Fistung Charters Hami Tame Sport Farling g Chancis ` "` � 561-2 5tliSh.t;Um IH 561-327-76991 www_ bilygaetfislung octo 581885120 71wow 3tanslmwdWrlersnrn .,4 IX Chip's Ahoy Charter k1ra18y Spot Flstsng Owners ' U nderwater Explorers 581 436 14171 www dWsahychaners rx,m 443- 506 -7253 .;, = Classic Fasting Charters hllp r?WNw oiMy. rthiwg.x■n 561 -577 -3326 ✓ 561 Bee 19981 www.dessidi3w,gcnanerscom Miler Time Frame Chatters www. dtveboyntonbeach . com LI Fish On of Palm Beach 561.732;3597 et 561 781) 9376 Z 561 498 8557 ot 860 79880101 wow/ lrslanolpakrtaach com www 818484 Mrl9 am X Geno ro (/) 581 - 5885892 a 561 374 -22741 www geno4.com DRIFT FISHING LL Sea Mast 111 DIM Fiahme cn(r4 sermirlf in CatchBoy iCRA 561 732. 99741 wow reatrrsl:r ors Boynton Beach Ca chBoy mss" - f . Page 38 of 82 Concierge Fam Tour Campaign • Development and coordination of a Concierge Fam Tour to highlight the Boynton Harbor Marina and downtown hotspots. • Work with the Concierge Association of Palm Beach County to promote the area as a tourist destination. • The Tour will highlight the Boynton Harbor Marina and showcase the local restaurants and live music scene with a trolley ride throughout the district and many stops to sample what the businesses have to offer. • Build a relationship with the Palm Beach County Concierge Association that will promote the Marina and downtown businesses. Every major hotel in Palm Beach County will have the Boynton Harbor Marina brochures and restaurant brochures available for their hotel guests. • r � ° y ! • iss e. .... ._- c - _... .. 1 101 6 6i } i # Page 39 of 82 District Banners • Design and produce banners for the Marina and Ocean Ave. west to Seacrest i Blvd. rc t, • The Marina banners will focus on the Marina activities along with the Marina logo to further promote the brand • Ocean Ave. banners will focus on our Special events with the Catch Yourself in Boynton Beach tagline . Iu, } 1 b .� I, i' ', eM ii::!tiLt - tO Vi \ !fib .. , . y 40ai k catch a 101 breath catc`l ullet(iK Boyftoft Beack catch a big fish cafe/ yourde/f i`: Voy#t(on Beuck Page 40 of 82'' Chamber & Business Development Events • Design and develop Chamber and Commercial Broker events to promote downtown Boynton Beach and create awareness of our grant incentives and the available properties. Please come together wrath us for complimentary toad eld apirIs, Mich 13th, 6.8 p.m itY`tse We'll t ell you all about the good things happening in Boynton Beach! Cili=,tt We want to connect you In all Th Boynton Beach has In otter. MIE: Marsh 13th I 4:::::::77' CONVERGE TIME: 61 8 p.m. All/Eii:1505 8. Federal Highway 11 las Ventanas rif:If CONVERSE r n Bn 33435 (Parking Rear) in Rear) RSVP TO: Amy Zimmermann at 581 -800 -9097 or limmermannA @bbfl.us CONNECT 'RIIIIIIIRIIRIIIIIIIIINIIIIIIIIIINIPIIPF' 0 B ..ererZtCRA BOYNTON BEACH CRA INCENTIVE PROGRAMS BRING YOUR CLIENTS TO EAST BOYNTON BEACH ! BUSINESS INCENTIVE PROGRAMS • Commercial Construction Project Incentive (t- ' ^ �r TM Program Reimburse 3.3 for Permit Cost 0 ,. .:,: , 44i 4, ! s' ,, • Commercial Interior Build -Out Assistance Program - Maximum Grant $22,500 q • .:� a • � � -;' � �, ; Commercial Rent Reimbursement Program • r ® Maximum Grant $7.200 for the first year M catch a (�'tn_ • • p ;•'! c a • Commercial Facade Improvement Program Maximum Grant- Maximum grant $15,000 venture For more information contact rat/ ttioragrl/ it; boyar,' Tracy Smith - Coffey 561- 600 -9096 1y�Qp�►:( Dp A� Smith- CoffeyTCbbfl.us g EAGi1CR.A ' Page 41 of 82 t• SPECIAL EVENTS CRA Funding: $321,000 Iolidav Extravaganza - $85,000 50 Ft. Holiday Tree & Decorations - $31,000 Holiday Concert - $29,000 Holiday Parade - $25,000 A 44 year tradition, the Holiday Extravaganza brings in excess of 5,000 people to the downtown area each year. The celebration kicks off with the lighting of the 50ft tree, followed by a concert and a visit from Santa. The festivities continue the following day with the Holiday Parade on Federal Hwy. at 5:OOpm. 4 arak , qr. . 1 ' l ik a V '' T O VOU 8v — .. . l et s f e . „ ,1/4$14 7,,,,,;.,,,, ,, 7 .., ,,, gay et 4", .., , „,„,„ - - _ , t ai l *" -.44:. f . ,AT , v e Is - . 411, ... - 4 ,,,,,,„,t., ir 7,3, .... .` A pi r l" : TREE LIGHTING AND CONCERT: Friday - December 5, 2014 HOLIDAY PARADE: Saturday - December 6, 2014 Page 42 of 82 t- Holiday Boat Parade - $12,000 The Boynton Beach Holiday Boat Parade is one of the most popular events in Boynton Beach and the surrounding area. The parade starts at the Boynton Inlet and travels south to the C -15 canal just south of Delray Beach. The Boynton Harbor Marina is the place to be that night with the best viewing area hosting live .nusic, vendors, kids' activities along with a visit from Santa. Partnered with Marine Industries, thousands of toys are collected and donated to Toys for Tots during the event. r a n o • ! e u I 1 1% \ i lk , HOLIDAY ,... -- BOAT RARAt)1, — ,, ... Boynton !Beach F* N r. t a. Saturday - December 13, 2014 5:30 p.m. - 9:30 p.m. Page 43 of 82 '` Boynton Beach Haunted Pirate Fest & Mermaid Splash - $125,000 This signature event for the City continues to be a huge success, bringing 8,000 visitors to Boynton Beach over the two day event. The 75 actors, musicians and street performers thoroughly entertain the crowd with -.ontinuous entertainment on three stages. Activities include pirate reenactments, live music, magic shows, kids .,ostume parade and pirate ceremony, live mermaids in tanks and the interactive ship The Avenger. In addition, there will be a child - friendly haunted house and many kids activities and entertainment. On the east end of Ocean Avenue at Federal Hwy, local business will be invited to participate in the event and provided with free tents and tables along Ocean Avenue to showcase their food and wares. • l c Aa s . # :; ; w 1 Ai az 1 . „ , , , t. v , , ip 4 ( . - t 0, rdii l FF 7, 1I. ! , ( i' ` 1 `'` — ai�l`. �..~ 1 , i . . i ..,0, ,,. 4 { , t" a ,A, 2 , , • 40 1 _74111P , - Pirate Fest - ,.lam , ` t i 1 r t ,, ) v!" Itillo. t a r Y I l ' ' V— r V • iii; . Saturday - October 25, 2014 - 11 a.m. - 9 p.m. Sunday - October 26, 2014 — 11 a.m. - 7 p.m. Page 44 of 82 t' Movies In The Park - $21,000 A large inflatable screen is placed in the corner of Dewey Park and projects newly released movies while guests sit back in their favorite beach chairs and catch a movie under the stars! With a newly expanded schedule, this free event will be held on the first Friday of the month from October through June. Movies in he Park offers guests a great option for a fun family night out or the perfect date night for couples. Food, snacks and beverages are offered for purchase from local businesses. A raffle is held at the end of the movie, awarding the winners with gift certificates donated by some of the local businesses. These businesses receive great exposure to our guests as they are featured on pre -movie intro video. IN O 4 ds ONE . \, Ifift • . , pre - , FSoria• 7 , 4 , 0 . .. , ... ,,,,.. , 1 4 _. f R l .IF T Y Y it_ °i t D ' flit 4, I k .. l! v.yY..: -ti .o.. yiMf a FRIDAYS October 3, 2014 November 7, 2014 December 12, 2014 January 2, 2015 February 6, 2015 March 6, 2015 April 3, 2015 May 1,2015 June 5, 2015 r ! Page 45 of 82 MUSIC ON THE ROCKS CONCERT SERIES - $24,000 This popular series takes place at the Ocean Avenue Amphitheatre on the third Thursday of the month. With its newly expanded schedule, Music on the Rocks runs from October through June. This series provides a steady rotation in the style of music featured on stage which reaches a large demographic of people from the ;ommunity. Food and beverages are offered for purchase by local businesses. Illuminated cocktail tables and a mobile bar are added to help create the 'Happy Hour' atmosphere. \ik - / _ . , 0, * / * ,1,,0 1 r MUSIC ON \WA r' �. to THEHOCHS Shaken not Stirred • I r'atrtt#temi,tro» r.4+ w 01 74? foe Applillitort 4, -I, t tk `t Z! . 1 ° r h '!r1 t 1 1 THURSDAYS - 6 p.m. - 9 p.m. October 16, 2014 December 18, 2014 January 15, 2015 February 19, 2015 March 19, 2015 April 16, 2015 May 21, 2015 June 18, 2015 Page 46 of 82 f NEW EVENTS FOR FY 2014 -2015 St. Patrick's Day Celebration - $15,000 St. Patrick's Day continues to be one of the most celebrated holidays in our area. The Boynton Beach St. Patrick's Day Celebration will draw guest from several of the surrounding communities looking to show off their festive green attire and enjoy some fun outdoor activities. The event will run along Ocean Avenue and will showcase some great local bands on the Amphitheatre stage. The day's events will also include live entertainers and performers, kids activities and local food and beverage vendors. — 1 111 \ , al Nie i , t i , AO ,: i d) . - . 1 / 4 J II) , 4 i ,. x s} 1 4 044,ii,:ir -4, l. i + l ' : ti 4: , . it t ilt iiip 1 ., : , 4:10,40,:tr` 1 lilt �� 411 i � `, ,j`.,04i t ♦ " ' '' ,. +� a � ' y • — --atalit lirli'll ri ' "n` . f i �► • .,.. " 3 • "! 0. Friday — March 13, 2015 5 p.m. — 10 p.m. Page 47 of 82 '16 Kid's Earth Dav Event - $6,500 This event will be in celebration of Earth Day 2015 and will be instrumental in teaching children the importance of taking care of our Earth on Earth Day and every day. The event will consist of educational activities by local organization, Earth - friendly crafts utilizing re- purposed materials, information booths, Eco -art and more. Activities are intended to educate, entertain and inspire youth, in the spirit of Earth Day. I ''+''# A . - d J` C 11 !'. t . I, 111 !JAY 211 t '.. . : f , 4+ 4 f Ala f M .. A . . 41 111/6 .000 40 404 , 0 . ..„.. 3 , 4 ,, , ,.. P r 0 lb x c%4c\e IOW III ,r .,*. - E ` , Saturday - April 18, 2015 10 a.m. - 2 p.m. Page 48 of 82 '" Food Truck Invasion and Music Fest - $12,500 One of the fastest growing trends in outdoor events in recent years is food truck festivals. Couple that with free outdoor concerts and the event's impact potential is endless. The Ocean Avenue Street Eats will consist of .cozens of local food truck businesses stretched along Ocean Avenue offering up a variety of fares. There will be continuous live music performed by several local bands on the Amphitheatre stage. The kids are sure to have a great time too as they explore the designated kids area that will include inflatable play structures, face painting, creative crafts and activities. ... Ai . 1 J 011 . 4 y 1 Millillitil.r 4OCIAll� AYtli11! - 'TRYST S ATS -.- P CH• J .: , 1 4 " FOOD TRUCK II - , , " �' MUSIC FESTIVAL 4 4" a ' 1 i i ; * t ' 4 1 " \ . at i '''t " * "" ' - 0 ___ IL „, , .„...., ,,, . ,.. . -,,,,, ... 4.140 Saturday - May 9, 2015 4 p.m. - 10 p.m. Page 49 of 82 0 t 1 ,4- .4: t ∎! fi r n I , 40, -.66.1110 •• • i • S +. iir i 44i: 1 �, ♦ ,� 4 4 A , t f t. I - - , 4 r iot, -., t q e . f , 1 .4 i:11, 4 -- . - - ---.. iris! , pow f Atro r w� �� t 4�t * 1 3 f 1( f e i ,If — , , I , . ,,,, _ i r '! * s W % ♦ fig ' go *14 , 1 f .4 .... .r;;, +ns Abacoa hood Truck Invasion Friday, July 11 - 6 to 10 p.m. 3 -4k People Attended 35 Trucks Page 50 of 82 '- Boynton Beach CRA Summary - Assessed Property Values & TIF Revenue CRA Assessed Increment Property Values % Change Revenue % Change FY 1989 -1990 $ 39,466,737 $ 183,535 FY 1990 -1991 (a) $ 74,997,745 90.0% $ 199,603 8.8% FY 1991 -1992 $ 77,257,229 3.0% $ 204,449 2.4% FY 1992 -1993 $ 73,396,553 -5.0% $ 158,859 -22.3% FY 1993 -1994 $ 70,614,592 -3.8% $ 126,535 - 20.3% FY 19941995 $ 71,929,663 1.9% $ 141,167 11.6% FY 1995 -1996 $ 73,498,930 2.2% $ 158,398 12.2% FY 1996 -1997 $ 74,712,938 1.7% $ 172,660 9.0% FY 1997 -1998 $ 75,719,530 1.3% $ 189,808 9.9% FY 1998 -1999 $ 78,410,383 3.6% $ 219,894 15.9% FY 1999 -2000 $ 81,928,346 4.5% $ 261,389 18.9% FY 2000 -2001 (a) $ 317,835,353 287.9% $ 305,840 17.0% FY 2001 -2002 $ 372,405,731 17.2% $ 945,685 209.2% FY 2002 -2003 $ 407,644,247 9.5% $ 1,330,409 40.7% FY 2003 -2004 $ 511,268,089 25.4% $ 2,500,726 88.0% FY 2004-2005 $ 631,521,600 23.5% $ 3,871,616 54.8% FY 2005 -2006 $ 827,149,288 31.0% $ 6,076,347 56.9% FY 2006 -2007 $ 1,132,404,172 36.9% $ 9,086,624 49.5% FY 2007 -2008 $ 1,270,885,424 12.2% $ 9,520,342 4.8% FY 2008 -2009 $ 1,131,010,840 -11.0% $ 8,159,941 -14.3% FY 2009 -2010 (a) $ 950,585,514 -16.0% $ 6,760,870 - 17.1% FY 2010 -2011 $ 825,305,342 -13.2% $ 5,637,827 - 16.6% FY 2011 -2012 $ 815,476,900 -1.2% $ 5,752,745 2.0% FY 2012 -2013 $ 787,123,743 -3.5% $ 5,614,228 -2.4% FY 2013 -2014 $ 892,694,842 13.4% $ 7,022,119 25.1% FY 2014-2015 $ 1,000,944,777 12.1% $ 8,100,000 15.3% 4 (a) CRA expansion '� Page 51 of 82 BOYNTON BEACH CRA TIF ESTIMATE - FY 2014-2015 As of June 26, 2014 1. 1 ASSESSED VALUATIONS FY 2013 -2014 FY 2014 -2015 (ASSESSED VALUES _ $ 892,694,842 $ 1,000,944,777 Actual • Estimate • Certified 5/20/14 As of: 6/26/14 Chg. from Prior Year $ 108,249,935 12.1% 2. 1 TAX INCREMENT REVENUE - ESTIMATED FOR NEW BUDGET YEAR • FY 2013 -2014 1 FY 2014 -2015 Estimates I Assessed Values $ 892,694,842 $ 1,000,944,777 Less Base Year Value $ 309,821,849 309,821,849 TIF Taxable Value $ 582,872,993 691,122,928 95% of Difference $ 553,729,343 $ 656,566,782 (Per Florida Statutes Chapter 163.387(1)(a) Assumptions Redevelopment Trust Fund) No Millage Change Increase /(Decrease) City & County versus Prior Year Millafle Rates Amount 1 Percent County 4.78150 4.78150 N/A 0% City 7.90000 7.90000 N/A 0% Tax Increment Revenue County $ 2,647,657 $ 3,139,374 $ 491,717 19% I City $ 4,374,462 $ 5,186,878 $ 812,416 19% Sub - Total $ 7,022,119 $ 8,326,252 $ 1,304,133 19% 2.5 %forTrue - Up $ $ 208,156 N/A Net TIF $ 7,022,119 $ 8,100,000 $ 1,077,882 15% Budgeted - 08/0712014 Change from Prev. Year Amount $ 1,077,881 15.3% Page 52 of 82 '' BOYNTON BEACH CRA Revenues - FY 2014 -2015 • Increase /(Decrease) FY 2013 -2014 vs. Estimate Budget 1 Estimate FY 2014-2015 Amount ( °A° Tax Increment Revenue $ 7,022,000 $ 7,022,119 $ 8,100,000 $ 1,077,881 15% • Other Sources of Revenue • Marina $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 0% • General Fund - Fund Balance Allocation $ 300,000 $ 300,000 $ - $ (300,000) - 100% Total Revenue Sources $ 8,322,000 $ 8,322,119 $ 9,100,000 $ 777,881 9% Assumptions: 1. Tax increment revenue in FY13 -14 Estimate is actual 2. TIF revenue FY 14-15 reduced by 2.5% true -up Page 53 of 82 Ili iir_ BOYNTON BEACH CRA Funding Available for Projects - FY 2014-2015 1 Revenues - Estimated $ 9,100,000 I Less: Debt Service $ 2,301,853 Operating Expenses $ 1,943,667 Marina Expenses $ 1,000,000 DIFA - Casa Costa (f /k /a The Promenade) $ 485,000 (Year 5 of 10) DIFA - The Preserve - Cornerstone $ 100,000 (Year 1 of 10) Wal -Mart Brownfield Payment $ 22,500 (Year 4 of 4) DIFA - Wal -Mart $ 50,000 (Year 3 of 10) DIFA - Seabourn Cove - Phase 1 $ 360,000 (Year 2 of 10) DIFA - Seabourn Cove - Phase 2 $ 165,000 (Year 1 of 10) Sub -Total $ 6,428,020 New Project Revenue $ 2,671,980 4 Proiects Funded Through Bonds Boynton Beach Blvd Ext/Promenade Walkway $ 10,022,149 34% Property Acquisitions $ 11,485,686 39% Marina Purchase $ 6,393,700 22% Housing Assistance $ 1,389,493 5% Economic Development $ 320,648 1% Total $ 29,611,676 100% Page 54 of 82 Ill' E____ BOYNTON BEACH CRA Project Fund Revenue & Potential Projects FY 2014 - 2015 • Project Rollovers- Total (Funded in Revenue for Estimated FY13 -14) New Projects Project Fund Project Description 1 CRA Plan $ 2,355,593 $ 2,671,980 $ 5,027,573 (As of 7/31/14) Proposed New Projects - FY 20142015 (1) Marina - Open Space Construction - Demo/ConstructionlRFQ for Design -Build & Southern Drive Lane Repair and Resurface Downtown Master Plan $ - $ 700,000 $ 700,000 (2) Town Square Project (Rollover is reallocated from OHS Demo In FY13 -14) Downtown Master Plan $ 175,000 $ 325,000 $ 500,000 (3) Plan Updates - Federal Highway Corridor & Downtown Master Plan $ - $ 160,000 $ 160,000 (4) Dewey Park Stage & Light Enhancement Downtown Master Plan $ - $ 25,000 $ 25,000 (5) Sara Sims Playground Equipment Heart of Boynton $ - $ 25,000 $ 25,000 ( 211 - Renovation Grant Downtown Master Plan $ 186,795 $ 13,205 $ 200,000 (7) North Federal Highway /FEC Corridor Landscape _ Downtown Master Plan $ 50,000 $ 82,775 $ 132,775 (8) Planning & Community Workshops & _ Economic Devi. Meetings All CRA Plans $ - $ 30,000 $ 30,000 ( Business Incubator Support All CRA Plans $ - $ 20,000 $ 20,000 (10) Woman's Club Historic Match Grant Downtown Master Plan $ 25,000 $ 25,000 $ 50,000 Ongoing Projects - Budgeted In FY 2013 -2014 (11) Acquistion of Key Parcels - Ocean Ave, and Heart of Boynton All CRA Plans $ 882,024 $ - $ 882,024 (12) Development of Phase 2 Marina Downtown Master Plan $ 376,304 $ - $ 376,304 (13) Design of Boynton Beach Boulevard Downtown Master Plan $ 226,610 $ - $ 226,610 (14) Economic Development Grants All CRA Plans $ 150.000 $ - $ 150,000 (15) Site Work & Demolition All CRA Plans $ - $ 100,000 $ 100,000 (16) Contingency All CRA Plans $ - $ 75,000 $ 75,000 (17) Entry signage at north and south Federal - Highway Downtown Master Plan $ 65,850 $ 100,000 $ 165,850 (18) Legal Work - Project Fund All CRA Plans _ $ - _ $ 150,000 $ 150,000 (19) Tree Lighting Project - Ocean Avenue All CRA Plans $ 56,393 $ 200,000 $ 256,393 (20) Parking & Street Enhancement - NE 4th Street Downtown Master Plan $ 136,617 $ 75,000 $ 211,617_ (21) Wayfinding Sign for Art District Downtown Master Plan $ 25,000 $ - _ $ 25,000 (22) Special Events Downtown Master Plan $ - $ 321,000 $ 321,000 ( Marketing Program - Downtown All CRA Plans $ - $ 120,000 $ 120,000 ( Design & Engineering All CRA Plans $ - $ 75,000 $ 75,000 (25) Surveys & Appraisals All CRA Plans $ - $ 50,000 $ 50,000 Sub -Total $ 2,355,593 $ 2,671,980 $ 5,027,573 DIFA & Brownfield Payments $ 1,182,500 Total Project Fund $ 8,210,073 NOTES: Portion of total rollover from Acquisitions of $1,047,024 reallocated as follows: Item #7 - North Federal Highway /FEC Corridor $ 50,000 Item #10 - Woman's Club Historic Grant Match $ 25,000 Item #20 - Parking & Street Enhancement NE 4th Street $ 90,000 Total $ 165,000 Excess/ Funds Available (Deficit) vs. $ 0 Available Funds T Should be zero once all projects funded t ' Page 55 of 82 an O et O 1• O O co 10 O co 0 0 M 0 0 a) co 0 M A 0 O M f O N M 1- N r N N r N O ey N t 40 w 44 44 w w 49 44 44 To' e N . ' O O o h o C O } w e '- ri I o O co N n V y 7 '- N 0 W a LL w w w 40 w 44 w w 44 3 0 — — O Q -- — o Z ` m O N i o o I ° A ° o 0) ° o 11 w W 4> P M 10 0 00 0 M ' 0 0) A 0 � o 1 T (00 N 1 In 0 0 ) a m A d z r l'7 00 A m 44 40 w 44 40 w w w 40 40 44 0 �� 08 m co m 0 01 m o o W Z C 0 C7 10 00 < , I� ' V Q 0 0 W N m C M S v N o o 0 W 2 0 M N In M M M In Q) d'WN o c E LL u. } > 4 N m 7 ~ O K C E C C Z a N W W 40 40 40 w o w w w 44 o w N w w to o 2 ..• LL ° w 0 0 1// N 0 Csi et It O < OD O v- 0 O 1l) N N r co V H m 1 < O N O) q 10 w y 2 E E N o O 40 w w 44 2 40 40 44 44 0 w m W C t W ai I8 . o . a -� o v m V O= a C m O C < i7) W Z Q a1 p> W � c ;a 0 H '7 �2 0 y o d m Z m E r_ O � o' O« O ° o m ° m m o ' C Q' v c av E Z _ 0 c EW �' O CO N O w m m Q N - m W O t O1 u O W 2 ' d 4. 0 J . OD V LL m w >'. C CO .- O y C v LL m C O c 't s r Vi Q - 5; t J . 10 Iv N p ' � •• C L p O Q co 3 C p C W 0 m 0 _ m D) c m m m N :: m cp 0 .5 m .lc m ° o tU asS o o N O CO 0 CO m COS • E .c O m m E p LL CI '° wtil c V "�' c e c j LL c v i c.c- c to c 0 ` m _ m O'O c A m L y W m m W O r .c maEc 0 -E m m r m 3 -C f o m m m m a 7 0 m 7 m m ce C m d 17 O 0 a m C O p z a- 2 ce 2 • LL 1303o: a • LULL f- zJ • oW z • • q Y O ° a v v ° / a I v 0 0 0 0 0 0 0 0 0 o N N O O O O O N N 0 CO 10 CO I CO O N CO O N D p N p In IA N IA 2 N N N N H N N N o 0 0 0 0 0 0 0 0 ' .0 Page 56 of 82 BOYNTON BEACH CRA FY 2014-2015 SPECIAL EVENTS BUDGET FY14/15 FY 2014/2015 PROPOSED EVENTS DATE PROPOSED BUDGET FOOD TRUCK INVASION AND MUSIC FEST Saturday, May 9, 2015 $12,500 I Ocean Avenue Boynton Beach Haunted Pirate Fest & Mermaid Splash Saturday & Sunday October 25 & 26, 2014 $125,000 Ocean Avenue HOLIDAY EXTRAVAGANZA TREE & DECORATIONS Friday, December 5, 2014 $31,000 CONCERT $29,000 ■Saturday, December 6, 2014 - City responsible for PARADE planning and implementation. CRA will reimburse City for cost up to a maximum of $25,000 $25,000 Holiday Event Total $85,000 HOLIDAY BOAT PARADE Boynton Harbor Manna Saturday, December 13, 2014 $12,000 ST. PATRICK'S DAY CELEBRATION Friday, March 13, 2015 $15,000 I Ocean Avenue KID'S EARTH DAY EVENT Saturday, April 18, 2015 $6,500 Ocean AvenueAmphitheatre MOVIES IN THE PARK Dewey Park • Fnday, October 3, 2014•November 7, $21,000 000 12, 2014•January 2, 2015 *February 6, 2015 •March 6, 2015 •April 3, 2015 *May 1, 2015•June 5, 2015 MUSIC ON THE ROCK CONCERTS •Thursday, October 16, 2014•December 18, 2014•Janua 15, 2015 •Februa 19, 2015 •March 19, $24'000 Ocean Avenue Amphitheatre ry ry 2015 •April 16, 2015 •May 21, 2015•June 18, 2015 SPECIAL EVENTS GRANT PROGRAM $20,000 TOTAL COST OF EVENTS $321,000 Page 57 of 82 '' BOYNTON BEACH CRA FY 2014 -2015 PROPOSED Marketing Budget ueveioprnenr or enhancing our catch rourseir in Boynton Beach brand Creative development Brand and Tagline for a destination brand, theme development to Development Campaign attract visitors $ 3,000 Live Music Scene Website Ueslgn and develop a campaign tor the website Campaign to promote our local bars and live music scene $ 2,000 Design & Develop a custom "Catch A" brochure and 2 promtional rack card templates for Brokers and grants 10 Social promotions for the Promotional Collateral Marina, Merchants and Economic Development $ 6,500 business oevelopment campaign lottery Webslte lottery campaign website starter program $ 2,500 Marina Promtional video Marina marketing video for tourism $ 2,500 Ueslgn videos of local resturants tor monthly Videos for Movie Night movie night $ 6,600 Email Campaigns with call to Custom Program blast monthly promotions and action programs marketing blasts $ 1,200 Annual Report Design & layout $ 4,000 Florida Cruising Magazine - Ueslgn halt page ad in Hotda Cruising Marina magazine and placement $ 3,200 Promotional Collateral for design and development of rack cards for Visit tourism Florida $ 4,500 Double page spread monthly of local business Boynton Forum with the "Catch A" tagline $ 17,000 Promotional base Messaging Postcard Postcard campaign "Meet Your Neighbors" $ 2,000 Marketing promotions - Boynton Harbor Manna Marina Campaign & merchants $ 4,500 Direct Mail Campaign Shop Boynton $ 4,000 design & develop a evening tor Concierges to Concierges Fam Tour tour Boynton $ 5,000 Images Photography for inhouse collateral $ 700 Marina & Downtown Banners Banners for the Marina & Ocean Ave. $ 30,000 l,hamber and business Development Events Redevelopment marketing I $ 20,000 I Total $ 120,000 Page 58 of 82 BOYNTON BEACH CRA - GENERAL FUND FUND BALANCE ANALYSIS Fund Balance 9/30/2013 - Unassigned $ 599,067 Less: 1. Committed Fund Balance - Self- Funded Insurance Reserve $ (119,813) 2. Fund Balance Allocation for FY 2013 -2014 Budget $ (479,254) Estimated Unassigned Fund Balance as of 9/30/2014 $ - Note: The annual audit of the CRA's financial statements for the fiscal year ending 9/30/2014 will be completed by mid - January 2015. At the completion of the annual audit, the Unassigned Fund Balance will be finalized and the CRA Board can allocate funding according to Florida statute as outlined below. § 163.387, Fla. Stat. Ann. (7) On the last day of the fiscal year of the community redevelopment agency, any money which remains in the trust fund after the payment of expenses pursuant to subsection (6) for such year shall be: (a) Returned to each taxing authority which paid the increment in the proportion that the amount of the payment of such taxing authority bears to the total amount paid into the trust fund by all taxing authorities for that year; (b) Used to reduce the amount of any indebtedness to which increment revenues are pledged; (c) Deposited into an escrow account for the purpose of later reducing any indebtedness to which increment revenues are pledged; or (d) Appropriated to a specific redevelopment project pursuant to an approved community redevelopment plan which project will be completed within 3 years from the date of such appropriation. Page 59 of 82 '1' N a) T a O O T O a w E • O E C W W rp W D 'p io C °45.E. E { F - - 0p . m U 7 -. C . 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E6 iy LT. t o Page 63 of 82 General Fund _ V I CRA BOARD FY 2013 -2014 FY 2014 -2015 Dept. 51010 Original Year End Proposed Change Incr /(Derr) I SUMMARY Budget Estimate Budget Amount % 200 CONTRACTUAL EXPENSES $ 7,500 $ 7,500 $ 7,500 $ - 0% 216 PUBLIC NOTICES $ 5,000 5 6,000 $ 6,500 $ 1,500 30% 225 CONFERENCES, MEETINGS & SEMINARS $ 8,250 $ 7,250 $ 8,750 $ 500 6% 227 DELIVERY SERVICES $ 400 $ 400 $ 400 $ 0% 310 OFFICE SUPPLIES $ 500 $ 500 $ 500 $ - 0% 340 CELLULAR PHONES _ $ 600 $ 600 $ 1,200 $ 600 101% $ 22,250 $ 22,250 $ 24,850 1 $ 2,600 12%1 DETAIL 1 200 1 CONTRACTUAL EXPENSES $ 7,500 $ 7,500 $ 7,500 Minutes for Board & Special Meetings - City Staff Costs $ 7,500 $ 7,500 $ 7,500 1 PUBLIC NOTICES Board Meeting & Legal Notices $ 5,000 $ 6,000 $ 6,500 I 22t) I CONFERENCES, MEETINGS & SEMINARS $ 8,250 $ 7,250 $ 8,750 ABC's of CRAs $ 250 $ 250 $ 250 Florida Redevelopment Association $ 7,000 $ 6,000 $ 7,000 BoardTraining Workshops /Business Development Board $ 1,000 $ 1,000 $ 1,500 227 1 DELIVERY SERVICES $ 400 $ 400 $ 400 310 1 OFFICE SUPPLIES $ 500 $ 500 $ 500 340 1 CELLULAR PHONES $ 600 $ 600 $ 1,200 Notes: Increased public notices for RFPs, notices related to redevelopment projects and submission of CRA Development projects to IDA, FRA Cell phone increase reflects estimated rate for two Board members versus one in previous year Page 64 of 82 t • Genetai Fund V EXECUTIVE DEPARTMENT FY 2013-2014 FY 2014-2015 [tot. 51230 _ Original Amended Year End Proposed Change Incd(Decr) I SUMMARY Budget Budget Estimate _ Budget Amount % 100 PERSONNEL SERVICES 5 239,693 $ 242,509 $ 242,509 $ 270,735 $ 28.226 12% 115 AUTO ALLOWANCE $ - $ 3,000 $ 3,000 $ 3,000 $ - 05' 225 CONFERENCES, MEETINGS & SEMINARS $ 9,000 $ 9,000 $ 8,320 $ 9,320 $ 320 4% 226 MEMBERSHIP DUES $ 4,310 $ 4,310 $ 5,190 $ 5,285 $ 975 23% 227 DELIVERY SERVICES $ 750 $ 750 $ 750 $ 750 $ - 05' 229 CAREER DEVELOPMENT $ 2,250 $ 2,250 $ 2,750 5 3,200 $ 950 42% 310 OFFICE SUPPLIES $ • 1,500 $ 1,500 $ 1,700 $ 2,500 $ 1,000 67% 315 POSTAGE $ 2,500 $ 2,500 $ 2,500 $ 2,500 $ - 0% 340 CELLULAR PHONE $ 1,020 $ 2,062 $ 1,740 $ 1,980 $ (82) -4% 355 SUBSCRIPTIONS $ 605 $ 605 $ 605 $ 605 $ - 0% 360 BOOK & PUBLICATIONS $ 500 $ 500 $ 500 $ 500 5 - 0% 400 EQUIPMENT COSTS $ 2,000 $ 2,000 $ 1,000 $ 2,000 $ - 0% $ 264,128 $ 270,986 $ 270,564 S 302,375 1 $ 31,308 12151 DETAIL. 1 PERSONNEL SERVICES $239,093 $242,509 $2.42,509 $ 270,735 Salaries - Executive Director $ 118,450 $ 123,188 $ 123.188 $ 123,188 Development Services Specialist $ 55.878 $ 58,672 $ 58.672 $ 58.672 MarkednglEvents/Eco. Devi. Asst. (shared 113 $ - $ - $ • 5 8 400 between Executive Office, Marketing, Special Events)(including taxes) 3% Merit Pool + Incremental Taxes + Retirement $ 6,414 $ - $ - 5 6,965 Benefits • Health $ 17,640 $ 17,640 $ 17,640 $ 21,168 Dental $ 728 $ 728 $ 728 $ 864 Vision $ 102 $ 102 $ 102 $ 115 Life & Long Term Disability $ 987 $ 987 $ 987 $ 1.078 Retirement Benefits $ 26,150 $ 27.279 $ 27.279 $ 36.372 FICA Taxes $ 13,344 $ 13,913 $ 13,913 $ 13,913 J J AUTO ALLOWANCE $ - $ 3,000 $ 3,000 $ 3,000 J CONFERENCES, MEETINGS 8 SEMINARS $ 9,000 $ 9,000 $ 8,320 $ 9,320 Regional • Local Meetings $ 1,500 $ 1,500 $ 1,500 $ 1,500 National Conference $ 2,000 $ 2,000 $ 2.000 $ 2.500 State Conference $ 1,500 $ 1,500 $ 1.500 $ 2.000 FL League of Cities $ 2,000 $ 2,000 $ 2,000 $ 2 000 Mileage $ 2,000 $ 2.000 $ 1,320 $ 1 320 I 1 MEMBERSHIP DUES $ 4,310 $ 4,310 $ 5,190 $ 5,285 Urban Land Institute $ 600 $ 600 $ 600 $ 600 American Planning Association (APA) $ 810 $ 810 $ 810 $ 810 Florida Redevelopment Association $ 1,000 $ 1,000 $ 1,000 $ 1.000 American Institute of Planners (AtCP) $ 500 $ 500 $ 500 $ 500 Business Development Board $ 1,000 $ 1 000 $ 1,000 $ 1,000 Realtors Commercial Alliance $ $ - $ 300 $ 350 NAIOP Commercial Real Estate Association $ - $ - $ 580 $ 625 Chamber of Commerce $ 400 $ 400 $ 400 $ 400 1 1 DELIVERY SERVICES S 750 $ 750 $ 750 $ 750 1 CAREER DEVELOPMENT S 2,250 $ 2,250 $ 2,750 $ 3,200 American Planning Association Cont. Prof. Ed. $ 1,250 $ 1,250 $ 1,250 $ 1,500 Florida Redevelopment Association Certification $ 1.000 $ 1 000 $ 1 500 $ 1 702 310 1 OFFICE SUPPLIES $ 1,500 $ 1,500 $ 1,700 $ 2,500 1 315 1 POSTAGE S 2,500 $ 2,500 $ 2,500 $ 2,500 I 340 1 CELLULAR PHONES $ 1,020 $ 2,062 $ 1,740 $ 1,980 355 1 SUBSCRIPTIONS $ 605 S 605 S 605 $ 605 Florida Trend $ 250 $ 250 $ 250 $ 250 South Florida Business Journal $ 130 $ 130 $ 130 $ 130 Downtown Promotions $ 225 $ 225 $ 225 $ 225 1 36C, 1 BOOK 8 PUBLICATIONS $ 500 $ 500 $ 500 $ 500 I 401' I EQUIPMENT COSTS $ 2,000 $ 2,000 $ 1,000 $ 2,000 Notes: Increases tied to possible merit increases. incremental taxes and benefits cost increases. part time employee costs. commercial real estate association memberships office supplies Page 65 of 82 f • General Funs V FINANCE FY 2013 -2014 FY 2014 -2015 Dept. 51325 Original Amended Year End Proposed Change Incrl(Decr) I SUMMARY Budget Budget _ Estimate _ Budget Amount % 100 PERSONNEL SERVICES $ 218,297 $222,160 $ 222,160 $ 240,528 $ 18,368 8% 200 CONTRACTUAL EXPENSES $ 200 $ 200 $ 175 $ 200 $ - 0% 201 BANK FEES $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ - 0% 225 CONFERENCES, MEETINGS & SEMINARS $ 2,150 $ 2,150 $ 1,700 $ 5,150 $ 3,000 140% 226 MEMBERSHIP DUES $ 620 $ 620 $ 805 $ 820 $ 200 32% 227 DELIVERY SERVICES $ 500 $ 500 $ 500 $ 500 $ - 0% 229 CAREER DEVELOPMENT $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ - 0% 310 OFFICE SUPPLIES $ 1,500 $ 1,500 $ 2,000 $ 2,500 $ 1,000 67% 340 CELLULAR PHONE $ 780 $ 780 $ 780 $ 780 $ - 0% 355 SUBSCRIPTIONS $ 1,100 $ 1,100 $ 1,100 $ 1,100 $ 0% 360 BOOK & PUBLICATIONS $ 700 $ 700 $ 700 $ 700 $ - 0% 365 OFFICE PRINTING COSTS $ 300 $ 300 $ 300 $ 300 $ - 0% $ 230,147 $234,010 $ 234,220 $ 256,578 I $22,568 10%1 DETAIL PERSONNEL SERVICES $ 218,297 $222,160 $ 222,160 $ 240,528 Salaries - Finance Director $ 90,262 $ 94,775 $ 94.775 $ 94,775 Finance Specialist $ 67,200 $ 70,560 $ 70,560 $ 70,560 3% Merit Pool + Incremental Taxes + Retirement $ 5,794 $ - $ - $ 6,333 Benefits - Health $ 17,640 $ 17,640 $ 17,640 $ 21.168 Dental $ 728 $ 728 $ 728 $ 864 Vision 5 102 $ 102 $ 102 $ 115 Life & Long Term Disability $ 907 $ 907 $ 907 $ 998 Retirement Benefits _ $ 23,619 $ 24,800 $ 24,800 $ 33,067 FICA Taxes $ 12.045 $ 12.648 $ 12,648 $ 12,648 ) CONTRACTUAL EXPENSES $ 200 $ 200 $ 175 $ 200 Florida Department of Economic Opportunity $ 200 $ 200 $ 175 $ 200 201 1 BANK FEES $ 1,000 $ 1,000 $ 1,000 $ 1,000 225 1 CONFERENCES, MEETINGS 4 SEMINARS $ 2,150 $ 2,150 $ 1,700 $ 5,150 Regional -Local Meetings $ 500 $ 500 $ 500 $ 500 Mileage $ 900 $ 900 $ 700 $ 900 Financial Systems Conference $ - $ - $ - $ 3,000 Budget Meeting $ 750 $ 750 $ 500 $ 750 I 224 1 MEMBERSHIP DUES $ 620 $ 620 $ 805 $ 820 Florida Government Finance Officers Association $ 300 $ 300 $ 300 $ 300 Society for Human Resource Management $ - $ - $ 185 $ 200 Government Finance Officers Association $ 320 $ 320 $ 320 $ 320 221 1 DELIVERY SERVICES $ 500 $ 500 $ 500 $ 500 229 1 CAREER DEVELOPMENT $ 3,000 $ 3,000 $ 3,000 $ _ 3,000 Government Finance Officers Continuing Education & FRA Certification $ 3.000 $ 3,000 $ 3.000 5 3 000 310 1 OFFICE SUPPUES $ 1,500 $ 1,500 $ 2,000 $ 2,500 340 1 CELLULAR PHONES $ 780 $ 780 $ 780 $ 780 355 1 SUBSCRIPTIONS $ 1,100 $ 1,100 $ 1,100 $ 1,100 Financial Reporting Agencies $ 1.100 $ 1 100 $ 1,100 $ 1 100 360 1 BOOK & PUBLICATIONS $ 700 $ 700 $ 700 $ 700 365 1 OFFICE PRINTING COSTS $ 300 $ 300 $ 300 $ 300 Blank Check Stock, 1099 Forms 5 300 $ 300 $ 300 $ 300 Notes: Increases tied to possible merit increases, incremental taxes and benefit cost increases, conference for financial systems, office supplies Page 66 of 82 t• Genet al Fund _ V I PLANNING FY 2013 -2014 FY 2014 -2015 Dept. 51440 Original Amended Year End Proposed Change Incr/(Decr) J SUMMARY Budget Budget Estimate _ Budget Amount % 100 PERSONNEL SERVICES $ 128,236 $ 126,236 $ 126,236 $ 136,538 $ 10,302 8% 225 CONFERENCES, MEETINGS & SEMINARS $ 5,320 $ 25,320 $ 23,820 $ 2,820 $ (22.500) - 89% 226 MEMBERSHIP DUES $ 1,000 $ 1,000 $ 1,800 $ 1,800 $ 800 80% 227 DELIVERY SERVICES $ 300 $ 300 $ 300 $ 300 $ 0% 229 CAREER DEVELOPMENT $ 1,500 $ 1,500 $ 1,500 $ 4,200 $ 2 700 180% 310 OFFICE SUPPLIES $ 1,500 $ 1,500 $ 1,500 $ 1,500 $ 0% 340 CELLULAR PHONE $ 900 $ 900 $ 900 $ 900 $ - 0% 360 BOOK & PUBLICATIONS $ 300 $ 300 $ 300 $ 300 $ 0% 365 OFFICE PRINTING COSTS $ 3,500 $ 3,500 $ 3,500 $ 3,500 $ - 0% $ 140,556 $ 160,556 $ 159,856 $ 151,858 I $ (8,698) -5 %1 DETAIL GC 1 PERSONNEL SERVICES $ 126,236 $ 126,236 $ 126,236 $ 136,538 Assistant Director $ 95.000 $ 95.000 $ 95,000 $ 95,000 3% Merit Pool + Incremental Taxes + Retirement $ - $ - $ - $ 3,638 Benefits - Health $ 8,820 $ 8.820 $ 8,820 $ 10,584 Dental $ 364 $ 364 $ 364 $ 432 Vision $ 51 $ 51 $ 51 $ 58 Life & Long Term Disability $ 483 $ 483 $ 483 $ 559 Retirement Benefits $ 14,250 $ 14,250 $ 14.250 $ 19,000 FICA Taxes $ 7,268 $ 7,268 $ 7.268 $ 7,268 1 1 CONFERENCES, MEETINGS 4 SEMINARS $ 5,320 $ 25,320 $ 23,820 $ 2,820 Planning & Community Workshops & Economic Devi. Meetings $ 2,500 $ 12.500 $ 11,500 $ - Economic Development Meetings $ 1,000 $ 11,000 $ 10,000 $ - Regional-Local Meetings $ 500 $ 500 $ 1,000 $ 1,500 Mileage $ 1 320 $ 1,320 $ 1,320 $ 1,320 MEMBERSHIP DUES $ 1,000 $ 1,000 $ 1,800 $ 1,800 Multiple Listing Service & Realtors Association $ 1 000 $ 1,000 $ 1,000 $ 1,000 Realtors Association of Palm Beaches $ - $ $ 800 $ 800 ( DELIVERY SERVICES $ 300 $ 300 $ 300 $ 300 CAREER DEVELOPMENT S 1,500 $ 1,500 $ 1,500 $ 4,200 Florida Redevelopment Association Certification $ 1.500 $ 1.500 $ 1.500 $ 1,700 Redevelopment Financing $ - $ $ $ 2,500 310 ( OFFICE SUPPLIES $ 1,500 $ 1,500 $ 1,500 $ 1,500 340 ) CELLULAR PHONES $ 900 $ 900 $ 900 $ 900 360 [ BOOK & PUBLICATIONS $ 300 $ 300 $ 300 $ 300 365 ) OFFICE PRINTING COSTS $ 3,500 $ 3,500 $ 3,500 $ 3,500 Notes; Departmental reduction due to redevelopment meeting costs moved to Project Fund in FY14 -15, Increases for possible merit increases, incremental taxes and benefit cost increases, conference for redevelopment financing. Page 67 of 82 t• General fund V. MARKETING & BUSINESS DEVELOPMENT FY 2013-2014 FY 2014.2015 Dept. 57400 Original Amended Year End Proposed Change Incrl(Decr) SUMMARY Budget _ Budget _ Estimate Budget Amount % 100 PERSONNEL SERVICES $103,288 $ 106,354 $ 106,354 $ 92,147 5 (14,206) -13% 216 ADVERTISING $ 6,000 S 6,000 $ 6,000 $ 6,000 $ 0% 218 MARKETING & BUSINESS DEV'L. COLLATERAL $ 5,000 $ 5,000 $ 5,000 $ 5,000 1 0% 225 CONFERENCES, MEETINGS & SEMINARS $ 3,820 $ 3,820 $ 3,320 $ 4,020 $ 200 5% 226 MEMBERSHIP DUES $ 825 $ 825 $ 2,025 $ 3,325 1 2,500 303% 227 POSTAGE $ 5,000 $ 5,000 $ 3,500 $ 5,000 5 0% 229 CAREER DEVELOPMENT $ 1,500 $ 1,500 $ • $ 1,500 $ 0% 236 PHOTOGRAPHY & VIDEOS $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 0% 310 OFFICE SUPPLIES $ 1,500 $ 1,500 $ 1,500 $ 1,500 $ 0% 340 CELLULAR PHONE $ 1,080 $ 1,080 $ 1,080 $ 980 $ (120) -11% 355 SUBSCRIPTIONS $ 1,025 $ 1,025 $ 1,150 $ 1,000 $ (25) -2% 365 OFFICE PRINTING COSTS $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ - 0% 5150,038 $ 153,104 $ 150,929 $ 141,452 1 $ (11,651) •8 %4 DETAIL 1 t i 1 PERSONNEL SERVICES $103,288 $ 106,354 $ 106,354 $ 92,147 Salaries - MarketingQ& Business Development Specialist $ 55,000 $ 55,000 $ 55.000 $ 55.000 MarketinglEventsIEco. Devi. Asst. (shared 183 $ 17,500 5 20,000 $ 20,000 $ 8.395 between Executive Office, Marketing, Special Events)(including taxes) 3% Merit Pool + Incremental Taxes + Retirement $ - $ - $ - $ 2,106 Benefits - Health $ 13,230 $ 13,230 $ 13,230 $ 10,564 Dental S 546 $ 546 $ 546 $ 432 Vision $ 77 $ 77 $ 77 $ 58 Life & Long Term Disability $ 513 $ 513 $ 513 $ 364 Retirement Benefits $ 10,875 $ 11,250 $ 11,250 $ 11,000 FICA Taxes $ 5,547 $ 5,738 $ 5.738 $ 4 208 I 216 1 ADVERTISING S 6,000 $ 6,000 $ 6,000 $ 6,000 218 ) MARKETING & BUSINESS DEV'L COLLATERAL S 5,000 $ 5,000 $ 5,000 $ 5,000 225 1 CONFERENCES, MEETINGS & SEMINARS S 3,820 $ 3,820 $ 3,320 $ 4,020 _ Regional -Local Meetings $ 1.000 $ 1.000 $ 500 $ 1.000 FRAConference $ 1.500 $ 1,500 $ 1.500 $ 1,700 MfNag• $ 1,320 $ 1,320 $ 1 320 $ 1.320 .6 1 MEMBERSHIP DUES S 825 8 825 $ 2,025 $ 3,325 Visit Florida $ 425 $ 425 $ 425 $ 425 Gold Coast PR Council $ 75 $ 75 $ 75 $ - Palm Beach County Convention & Visitors Bureau (represents 50% of cost to be shared with City) $ - $ - 5 - $ 1 700 International Downtown Association (IDA) $ - $ - S 1.200 $ 1.200 Public Relations Society of America $ 325 $ 325 $ 325 $ 1 227 1 _ POSTAGE S 5,000 $ 5,000 $ 3,500 $ 5,000 I 229 I CAREER DEVELOPMENT S 1,500 $ 1,500 $ - $ 1,500 FL Festivals & Events Training $ 1 500 $ 1 500 $ • 5 1 500 1 236 1 PHOTOGRAPHY, VIDEOS, PROMOTIONAL $ 15,000 $ 15,000 $ 15,000 $ 15,000 310 [ OFFICE SUPPLIES S 1,500 $ 1,500 $ 1,500 $ 1,500 340 I CELLULAR PHONES $ 1,080 $ 1,080 $ 1,080 $ 960 I 355 1 SUBSCRIPTIONS $1,025 $ 1,025 $ 1,150 $ 1,000 Palm Beach Post $ 225 $ 225 S 275 $ 300 Sun - Sentinel 5 275 5 275 5 300 S 350 Wall Street Journal $ 250 $ 250 $ 300 5 350 PR Week $ 275 $ 275 $ 275 $ [ i�c J PRINTING COSTS $ 6,000 $ 6,000 $ 6,000 $ 6,000 No es: Departmental reduction due to Marketing /Event/Economic Development Assistant positon shared between 3 departments and pan -time position (formerly full -time position) Increase in membership dues related to Palm Beach County Convention 8 Visitor Bureau (shared with City) Page 68 of 82 '. General Fund I I SPECIAL EVENTS FY 2013 -2014 FY 2014 -2015 Dept. 57500 Original Amended Year End Proposed Change Incrl(Decr)J SUMMARY _ Budget Budget Estimate Budget Amount % 100 PERSONNEL SERVICES $123,450 $ 125,605 $ 94,988 $ 92,223 $(33,382) -27% 225 CONFERENCES, MEETINGS & SEMINARS $ 4,800 $ 4,800 $ 4,060 $ 4,260 $ (540) -11% 226 MEMBERSHIP DUES $ 425 $ 425 $ 425 $ 350 $ (75) -18% 229 CAREER DEVELOPMENT $ 1,500 $ 1,500 $ 1,750 $ 1,750 $ 250 17% 310 OFFICE SUPPLIES $ 1,500 $ 1,500 $ 1,500 $ 1,500 $ - 0% 340 CELLULAR PHONE $ 1,680 $ 1,680 $ 1,080 $ 960 $ (720) -43% 355 SUBSCRIPTIONS $ 250 $ 250 $ 250 $ 250 $ 0% 400 EQUIPMENT $ 2,500 $ 2,500 $ 2,500 $ 20,000 $ 17,500 700% $136,105 $ 138,260 $ 106,553 $ 121,293 1 $ (16,967) -12%I DETAIL 100 1 PERSONNEL SERVICES $123,450 $ 125,605 $ 94,988 $ 92,223 Salaries - Special Events Director $ 69,295 $ 70,618 $ 40,000 $ - Special Events Coordinator $ - $ - $ - $ 55,000 MarketinglEventslEco. Devi. Asst. (shared 113 between Executive Office, Marketing, Special EventsRincluding taxes) $ 17,500 $ 20,000 $ 20,000 $ 8,395 3% Merit Pool + Incremental Taxes + Retirement $ 2,547 $ - $ - $ - Benefits - Health $ 13,230 $ 13,230 $ 13,230 $ 10,584 Dental $ 546 $ 546 $ 546 $ 432 Vision $ 77 $ 77 $ 77 $ 58 Life 8 Long Term Disability $ 610 $ 610 $ 610 $ 440 Retirement Benefits $ 13,010 $ 13,593 $ 13,593 $ 13,106 FICA Taxes $ 6,635 $ 6,932 $ 6,932 $ 4,208 22: I CONFERENCES, MEETINGS 8 SEMINARS $ 4,800 $ 4,800 $ 4,060 $ 4,260 Regional -Local Meetings $ 1,000 $ 1,000 $ 1,000 $ 1,000 FRAConference $ 1,700 $ 1,700 $ 1,500 $ 1,700 Mileage $ 2.100 $ 2,100 $ 1,560 $ 1,560 226 1 MEMBERSHIP DUES $ 425 $ 425 $ 425 $ 350 Florida Festivals 8 Events $ 325 $ 325 $ 325 $ 350 Gold Coast PR Council $ 100 $ 100 $ 100 $ - 229 1 CAREER DEVELOPMENT $ 1,500 $ 1,500 $ 1,750 $ 1,750 FL Festivals & Events Training $ 1 500 $ 1,500 $ 1,750 $ 1,750 310 ( OFFICE SUPPLIES $ 1,500 $ 1,500 $ 1,500 $ 1,500 340 1 CELLULAR PHONES $ 1,680 $ 1,680 $ 1,080 $ 960 355 1 SUBSCRIPTIONS $ 250 $ 250 $ 250 $ 250 400 1 EQUIPMENT & EVENT SUPPORT $ 2,500 $ 2,500 $ 2,500 $ 20,000 Notes: Departmental reduction due primarily to reclassification of Special Events position. Increase in Events Support, formerly budgeted in Buildings & Maintenance in FY13 -14. Page 69 of 82 '- General Fund V _ INSURANCES FY 2013 -2014 FY 2014 -2015 Dept. 51410 Original Amended Year End Proposed Change Incr1(Decr) SUMMARY Budget Budget _ Estimate _ Budget Amount % 200 CONTRACTUAL EXPENSES $ 11,350 $ 1,250 $ 4,830 $ - $ (1250) -100% 213 GENERAL PROPERTY COVERAGE $ 133,500 $ 99,450 $ 90,516 $ 109,500 $ 10,050 10% 214 EMPLOYEE FIDELITY COVERAGE $ 1,000 $ - $ - $ - $ - 0% 154 OTHER INSURANCES $ 21,000 $ 21,000 $ 21,000 $ 22,000 $ 1,000 5% $ 166,850 $ 121,700 $ 116,346 $ 131,500 1 $ 9,800 8 %1 I DETAIL 1 200 CONTRACTUAL EXPENSES $ 11,350 $ 1,250 $ 4,830 $ - Agency Fee $ - $ - $ - $ - Computers & Software Policy 1,600 $ - $ - $ - Included in line 213 Marina Fuel Tank Coverage (2 -yr. policy, expires 02 -06 -2016) $ 1,250 $ 1,250 $ 4,830 $ - Separate Policy Special Events & Concerts Policy $ 3,500 $ - $ - $ - Included in line 213 Flood Insurance $ 5,000 $ - $ - $ - 1 212. 1 PROPERTY & LIABILITY COVERAGE 1 $133,500 $ 99,450 $ 90,516 $ 109,500 Includes: Property, General Liability (including Auto & Special Events), Fuel Building (Inland Marina) , Public Officials & Employment Practices Liability, Employee Crime and $ 126,000 $ 71,607 $ 71,673 $ 80.000 Computer Fraud, Cyber Liability & Privacy Crisis Management Expense Citizens Windstorm Policy $ - $ 10,379 $ 10,379 $ 12,000 Construction Policies $ 7,500 $ 15,000 $ 6,000 $ 10,000 Policy Contingencies $ - $ 2,464 $ 2,464 $ 7,500 214 1 EMPLOYEE FIDELITY COVERAGE $ 1,000 $ - $ - $ - Included In line 213 Money & Security Insurance - Crime and Computer Fraud OTHER INSURANCES S 21,000 $ 21,000 $ 21,000 S 22,000 59000 -153 Retirement Plan Fees 1 $ 1,000 $ 1,000 $ 1,000 $ 1,000 59000 -154 Workers Comp Insurance $ 2,500 $ 2,500 $ 2,500 $ 3,500 Separate Policy 59000 -159 Unemployment Payments $ 2,500 S 2,500 $ 2,500 $ 2,500 59000 -161 Leave Payouts $ 15,000 $ 15,000 $ 15,000 $ 15,000 Notes: Increases due to carrier estimate of 5% overall increase, addition of new Marina building, parking lot structures, windstorm coverage increases. Page 70 of 82 r General Fund tr PROFESSIONAL SERVICES FY 2013 -2014 FY 2014-2015 Dept. 51420 Original Amended Year End Proposed Change Incr!(Decr) SUMMARY Budget Budget Estimate Budget _ Amount % 200 CONTRACTUAL SERVICES $ 137.000 $ 137,000 $ 122,000 $ 147,000 $ 10,000 7% 201 LEGAL SERVICES $ 60.000 $ 100,000 $ 100,000 $ 100,000 $ - 0% 204 _ OTHER PROFESSIONAL FEES $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ - 0% $ 212,000 $ 252,000 $ 237,000 $ 262,000 1 $ 10,000 5%1 DETAIL 1 200 1 CONTRACTUAL EXPENSES $ 137,000 $ 137,000 $ 122,000 $ 147,000 Audit Services $ 18,500 $ 18,500 $ 18,500 $ 18,500 Marina Audit & Tax Compliance $ 15,000 $ 15,000 $ 10,000 $ 15,000 Bond Indenture Compliance & Bond Continuing Disclosure Dissemination Services $ 15,000 $ 15,000 $ 5,000 $ 20,000 Financial Services $ 30,000 $ 30,000 $ 30,000 $ 30.000 Website Hosting and Related Services $ 15,000 $ 15,000 $ 15,000 $ 15,000 Website - Design & Maintenance $ 20,000 $ 20,000 $ 20,000 $ 15,000 Personnel Services $ 20.000 $ 20,000 $ 20,000 $ 20,000 Economic Development Financial Assessment $ 3,500 $ 3,500 $ 3,500 5 3,500 Record Retention/Document Management $ - $ - $ - $ 10,000 1 201 1 LEGAL SERVICES $ 80,000 $ 100,000 $ 100,000 $ 100,000 1 204 1 OTHER PROFESSIONAL FEES - $ 15,000 $ 15,000 $ 15,000 $ 15,000 Fire Inspections $ 500 $ 500 $ 500 $ 500 City HR ILA $ 14.500 $ 14,500 $ 14,500 $ 14.500 Notes: Increase in Professional Services due to Document Management and Bond Dissemination Services. Page 71 of 82 '-• General Fund BUILDINGS & GROUNDS FY 2013 -2014 FY 2014 -2015 Dept.51620 Original Year End Proposed Change Incr /(Decr) 1 SUMMARY Budget Estimate Budget Amount % 200 CONTRACTUAL EXPENSES $ 2,500 $ 2,500 $ 3,500 $ 1,000 40% 201 PROPERTY TAXES & ASSOCIATION DUES $ 75,000 $ 75,000 $ 85,000 $ 10,000 13% 205 RENTAL OF OFFICES $ 87,000 $ 87,000 $ 89,000 $ 2,000 2% 208 EQUIPMENT LEASES $ 10,000 $ 10,000 $ 20,200 $ 10,200 102% 209 PROPERTY MAINTENANCE COSTS $ 188,527 $ 188,527 $ 225,000 $ 36,473 19% 224 SIGNAGE $ 15,000 $ 15,000 $ 20,000 $ 5,000 33% 325 ELECTRIC COSTS $ 10,000 $ 10,000 $ 15,000 $ 5,000 50% 326 WATER COSTS $ 7,000 $ 12,000 $ 15,000 $ 8,000 114% $ 395,027 $ 400,027 $ 472,700 1 $ 77,673 20 %1 DETAIL 1 20e 1 CONTRACTUAL EXPENSES $ 2,500 $ 2,500 $ 3,500 Alarms & Pest Control J PROPERTY TAXES & ASSOCIATION DUES $ 75,000 $ 75,000 $ 85,000 2(f 1 RENTAL OF OFFICES $ 87,000 $ 87,000 $ 89,000 710 N. Federal Hwy $ 82,000 $ 82,000 $ 85.000 Storage Facilities $ 5,000 $ 5,000 $ 4,000 208 1 EQUIPMENT LEASES $ 10,000 $ 10,000 $ 20,200 Copiers $ 10,000 $ 10,000 $ 10,000 Vehicle Lease /Maintenance /Fuel $ - $ - $ 10,200 209 1 PROPERTY MAINTENANCE COSTS $ 188,527 $ 188,527 $ 225,000 General Repairs $ 25,000 $ 25,000 $ 25,000 Janitorial Services $ 15,000 $ 15,000 $ 15,000 Property Maintenance $ 103,527 $ 103,527 $ 160,000 Hurricane /Property Contingency $ 25,000 $ 25,000 $ 25.000 Maintenance Support related to Special Events $ 20,000 $ 20,000 $ 224 1 SIGNAGE $ 15,000 $ 15,000 $ 20,000 325 1 ELECTRICITY COSTS $ 10,000 $ 10,000 $ 15,000 326 1 WATER COSTS $ 7,000 $ 12,000 $ 15,000 Notes: increases due to 222 Federal Highway landscaping, new Harbor Master Building landscaping, parking lots and associated electric and water charges; increases in property taxes, Marina association dues, vehicle lease, 211 repairs Page 72 of 82 t' General Fund t MARINA FY 2013 -2014 FY 2014 -2015 Dept. 51630 Original Year End Proposed Change Incr /(Decry) SUMMARY Budget Estimate Budget Amount % 200 CONTRACTUAL EXPENSES $ 500 $ 500 $ 580 $ 80 16% 209 PROPERTY MAINTENANCE COSTS $ 35,800 $ 35,800 $ 37,800 $ 2,000 6% 241 MARINA MANAGEMENT CONTRACT $ 158,000 $ 158,000 $ 158,000 $ - 0% 242 FUEL STATION OVERHEAD $ 34,200 $ 34,200 $ 28,360 $ (5,840) -17% 310 OFFICE SUPPLIES $ 500 $ 500 $ 500 $ - 0% 325 ELECTRIC COSTS $ 15,400 $ 15,400 $ 14,160 $ (1,240) -8% 326 WATER CHARGES $ 2,100 $ 2,100 $ 3,600 $ 1,500 71% 327 GASOLINE & DEISEL CHARGES $ 741,500 $ 741,500 $ 745,000 $ 3,500 0% 328 DIESEL SALES TAX $ 12,000 $ 12,000 $ 12,000 $ - 0% $ 1,000,000 $ 1,000,000 $ 1,000,000 I $ - 0 %I DETAIL 20( 1 CONTRACTUAL EXPENSES Sea Spill Contract $ 500 $ 500 $ 580 205 1 PROPERTY MAINTENANCE COSTS $ 35,800 $ 35,800 $ 37,800 Trash Removal 8 Janitorial Services $ 9,100 $ 9,100 $ 9,100 Marina Maintenance $ 26,700 $ 26,700 $ 28,700 241 t MARINA MANAGEMENT CONTRACT $ 158,000 $ 158,000 $ 158,000 242 OPERATIONS - Merchant Fees/Building/Phone $ 34,200 $ 34,200 $ 28,360 310 1 OFFICE SUPPLIES $ 500 $ 500 $ 500 325 1 ELECTRICITY COSTS $ 15,400 $ 15,400 $ 14,160 326 1 WATER CHARGES _ $ 2,100 $ 2,100 $ 3,600 327 1 GASOLINE 8 DEISEL CHARGES $ 741,500 $ 741,500 $ 745,000 328 DIESEL SALES TAX $ 12,000 $ 12,000 $ 12,000 Page 73 of 82 'lb General Fund r INFORMATION TECHNOLOGY FY 2013 -2014 FY 2014 -2015 Dept. 51650 Original Year End Proposed Change Incrl(Decr)J SUMMARY Budget Estimate Budget Amount % 200 CONTRACTUAL EXPENSES $ 3,000 $ 3,000 $ 3,000 $ - 0% 210 CITY IT SUPPORT $ 24,000 $ 24,000 $ 25,000 $ 1,000 4% 211 COMPUTER SOFTWARE & LICENSES $ 1,200 $ 1,200 $ 1,500 $ 300 25% 212 FINANCIAL SOFTWARE MAINTENANCE $ 8,500 $ 8,500 $ 9,000 $ 500 6% 330 TELEPHONE LINES $ 6,000 $ 7,000 $ 8,560 $ 2,560 43% 400 EQUIPMENT COSTS $ 9,750 $ 9,750 $ 7,000 $ (2,750) -28% $ 52,450 $ 53,450 $ 54,060 1 $ 1,610 3 %I DETAIL I 2o( 1 CONTRACTUAL EXPENSES $ 3,000 $ 3,000 $ 3,000 Financial Accounting Software Updates $ 1,000 $ 1,000 $ 1,000 Maintenance of Phone System $ 2,000 $ 2,000 $ 2.000 1 IT SUPPORT $ 24,000 $ 24,000 $ 25,000 211 1 COMPUTER SOFTWARE 8 LICENSES $ 1,200 $ 1,200 $ 1,500 212 1 FINANCIAL SOFTWARE MAINTENANCE 1 $ 8,500 $ 8,500 $ 9,000 330 1 TELEPHONE SYSTEM 11 DATA LINES $ 6,000 $ 7,000 $ 8,560 400 ) EQUIPMENT COSTS $ 9,750 $ 9,750 $ 7,000 Notes: Decrease in equipment costs due to new server installation in FY13 -14. Increases in financial software maintenance, data lines, and IT support per new ILA. Page 74 of 82 '-• i ' General Fund FY 2012 -2013 FY 2013 -2014 CONTINGENCY ACCOUNT Original Year End Proposed Change Incrl(Decr) Dept. 51990 Budget Estimate Budget Amount % 200 1 CONTRACTUAL EXPENSES Contingencies $ 25,000 $ 25,000 $ 25,000 ( $ - 0 %I Page 75 of 82 f." Boynton Beach CRA _ Project Fund - Budget Summary FY 2013 -2014 2014 -2015 Proposed vs. 2013 -2014 Original Amended Year End Proposed Increase!(Decrease) FUNDING SOURCES Budget Budget . Estimate Budget Amount 1 % 2. Rollover - FY 2011 -2012 - Components: Old High School (reallocated for new projects in FY13 -14) 36,050 36,050 36,050 - 5 (36,050) -100% Marina - Entry Sign at BBB & Federal (reallocated tor new projects in FY13 -14) 92,145 92,145 92,145 - $ (92,145) -100% Sub -Total Rollover FY 2011 -2012 $ 128,195 $ 128,195 $ 128,195 $ - $ (128,195) -100% 3. Rollover - FY 2012 -2013 - Components: 211 E. Ocean Ave. - Renovation Grant $ 186,795 $ 186,795 $ - 186,795 $ - 0% Marina - Phase 2 1,280,700 1,280,700 1,223,696 57,004 $ (1,223,696) 100% Parking Redevelopment 428,395 428,395 428,395 - $ (428,395) -100Y Economic Development Grants 150,000 150,000 150,000 - $ (150,000) -100% HAP - Shortsale Proceeds 17,500 17,500 17,500 - $ (17,500) -100% Sub -Total Rollover FY 2012 -2013 $ 2,063,390 $ 2,063,390 $ 1,819,591 $ 243,799 $ (1,819,591) -88% 4. Rollover - FY 2012.2013 - Budget Amendment #2 - Resolution No. 14-02 - Approved by CRA Board 02/112014 Special Events $ - $ 62,275 $ 62,275 $ (62,275) - 100% Marketing Program - Downtown $ - $ 5,665 $ 5,665 $ (5,665) -100% Sub -Total Rollover Fund Balance Allocation FY 2012 -2013 $ - $ 67,940 $ 67,940 $ • $ (67,940) -100% Rollover - FY 2013 -2014 - Components: OHS demolition reallocated to Town $ 175,000 $ 175,000 100% Square Project in FY14-15 Boynton Beach Blvd. Design $ 226,610 $ 226,610 100° Property Purchases (5165,000 of total reallocated for other projects in FY14 -15) $ 1,047,024 $ 1,047,024 100% Wayfinding Sign for Art District $ 25,000 $ 25,000 100% Entry Signage - Federal Highway $ 65,850 $ 65,850 100% Marina - Phase 2 $ 319,300 $ 319,300 100% Parking & Street Enhancement -NE 4th St. $ 46,617 $ 46,617 100% Tree Lighting Project - Ocean Avenue $ 56,393 $ 56,393 100% Economic Development Grants $ 150,000 $ 150,000 100% Sub -Total Rollover FY2013 -2014 $ • $ - $ - $ 2,111,794 $ 2,111,794 100°% Sub -Total Rollovers - All Years $ 2,191,585 $ 2,259,525 5 2,015,726 $ 2,355,593 $ 96,068 4% Transfers In from General Fund Other Financing Sources/Transfers In $ 3,846,270 4,456,732 4,456,733 3,854,480 $ 602,252 -14% Total Revenues and Transfers In $ 6,037,855 $ 6,718,257 $ 6,472,459 $ 6,210,073 $ ( 506 , 184) -8% y FY 2013 -2014 2014 -2015 • Proposed vs. 2013 -2014 EXPENSES Original Amended Year End Proposed Increasel(Decrease) Department Name Budget Budget Estimate Budget Amount 1 % Operating Expenses Contingency $ 75,000 $ 75,000 5 75,000 $ 75,000 $ 0% Professional Services 441 ,050 369,050 142.440 1,011,610 5 642,560 174% Legal Services 25.000 62,208 100,000 150,000 $ 87,792 141% Sub -Total $ 541,050 $ 506,258 $ 317,440 $ 1,238,810 $ 730,352 144% Capital Outlav Property Purchases $ 1,279.970 $ 1,581,139 $ 534,115 $ 882,024 $ (699,115) 100% Improvements 125,000 125,000 34,150 215,850 $ 90.850 73% Construction in Progress 2.315.190 2,398,275 1,788,559 1,512,921 $ (885,354) -37% Site Work & Demolition Fees 25.000 200,000 25,000 100,000 $ (100,000) -50% Infrastructure & Streetscape 152.145 224,145 167,752 389,168 $ 165,023 74% Sub -Total $ 3,897,305 $ 4,528,559 $ 2,549,576 $ 3,099,963 $ (1,428,596) -32% Economic Development Programs Economic Development Grant Programs 300.000 300.000 150,000 150,000 (150.000) -50 % Marketing Program - Downtown 95.000 100,665 100,665 120,000 $ 19,335 19% DIFA - Economic Development 927,500 941,500 941,500 1,182,500 $ 241,000 26% Sub -Total $ 1,322,500 $ 1,342,185 $ 1,192,185 $ 1,452,500 $ 110,335 8% Protects & Programs Community Support Protects 5 2,000 5 2 000 $ 2.000 $ 100,000 $ 98.000 4900% Special Events 275,000 337,275 337,275 321,000 (16,275) -5% Total Project Fund Expenses $ 6,037,855 $ 6,716,257 $ 4,398,456 $ 6,210,073 $ (506,184) -8% Page 76 of 82 '-• Project Fund T OPERATING EXPENSES FY 2013 -2014 2014 -2015 _pt. 58100 Original Amended Year End Proposed Change Incr!(Decr) 1 SUMMARY _ Budget Budget _ Estimate _ Budget Amount % 202 CONTINGENCY $ 75,000 $ 75,000 $ 75,000 $ 75,000 $ - 0% 203 PROFESSIONAL SERVICES $ 441.050 $ 369,050 $ 142,440 $ 1,011,610 $642,560 174% 213 LEGAL SERVICES $ 25,000 $ 62,208 $ 100,000 $ 150,000 $ 87,792 141% $ 541,050 $ 506,258 $ 317,440 $ 1,236,610 1 $730,352 144 %1 Funding Source I DETAIL 1 Rollover FY14 -15 202 1 CONTINGENCY $ 75,000 $ 75,000 $ 75,000 $ 75,000 $ $ 75,000 1 203 1 PROFESSIONAL SERVICES $ 441,050 $ 369,050 $ 142,440 $ 1,011,610 Surveys & Appraisals $ 35.000 $ 35,000 $ 35,000 $ 50,000 $ - $ 50,000 Architectural Design Assistance $ 40,000 $ 40,000 $ 40,000 $ 75,000 $ - $ 75,000 Town Square Project (a) $ 61,050 $ 61,050 $ 61,050 $ 500,000 $ 175,000 $ 325,000 Plan Updates • Federal Highway Corridor 8 $ $ $ $ 160,000 $ $ 160,000 Downtown Master Plan Boynton Beach Boulevard - Design $ 305,000 $ 233,000 $ 6,390 $ 226,610 $ 226,610 $ 1 2 ., 1 LEGAL SERVICES $ 25,000 $ 62,208 $ 100,000 $ 150,000 $ - $ 150,000 (a) Old High School demolition of $175,000 in FY13 -14 reallocated to Town Square Project and $325,000 additional from FY14 -15 for a total of $500,000. No s: Increases due primarily to Town Square Project and legal fees Page 77 of 82 '∎ Project Fund CAPITAL OUTLAY FY 2013 -2014 2014 -2015 ,pt. 58200 Original Amended Year End Proposed Change Incrl(Decr) SUMMARY Budget Budget Estimate Budget _ Amount 401 PROPERTY PURCHASES $1,279,970 $1,581,139 $ 534,115 $ 882,024 $ (699,115) 100% 402 IMPROVEMENTS $ 125,000 $ 125,000 $ 34,150 $ 215,850 $ 90,850 73% 404 CONSTRUCTION IN PROGRESS $ 2,315,190 $ 2,398,275 $ 1,788,559 $1,512,921 $ (885,354) -37% 405 SITE WORK & DEMOLITION FEES $ 25,000 $ 200,000 $ 25,000 $ 100,000 $ (100,000) -50% 406 INFRASTRUCTURE & STREETSCAPE $ 152,145 $ 224,145 $ 167,752 $ 389,168 $ 165,023 74% $ 3,897,305 $4,528,559 $ 2,549,576 $3,099,963 1 $ (1,428,596) -32%1 DETAIL Funding Source Rollover FY14 -15 1 eV 1 PROPERTY PURCHASES (a) 1 $ 1,279,970 $ 1,581,139 $ 534,115 $ 882,024 $ 882,024 $ - 402 ) IMPROVEMENTS 1 $ 125,000 $ 125,000 $ 34,150 $ 215,850 Wayfinding Sign for Art District $ 25,000 $ 25,000 $ - $ 25,000 $ 25,000 $ - Sara Sims Playground Equipment $ $ - $ - $ 25,000 $ - $ 25,000 Entry Signage at North & South Federal Hwy. $ 100,000 $ 100,000 $ 34 150 $ 165,850 $ 65,850 $ 100,000 1 CONSTRUCTION IN PROGRESS $ 2,315,190 $ 2,398,275 $ 1,788,559 $ 1,512,921 Marina - Phase 2 $ 1,600,000 $ 1,600,000 $ 1,223,696 $ 376,304 $ 376,304 $ - Marina - Open Space Construction & Southern Drive Lane Repair and Resurface $ - $ - $ - $ 700,000 $ - $ 700,000 211 E. Ocean - Renovation Grant $ 186,795 $ 186,795 $ - $ 200,000 $ 186,795 $ 13,205 Dewey Park Stage & Light Enhancement $ - $ - $ - $ 25,000 $ - $ 25,000 Parking & Street Enhancement - NE 4th $ 528,395 $ 611,480 $ 564,863 $ 211,617 $ 136,617 $ 75,000 4.00, 1 SITE WORK & DEMOLITION (b) $ 25,000 $ 200,000 $ 25,000 $ 100,000 $ - $ 100,000 r r?t ( INFRASTRUCTURE& STREETSCAPE $ 152,145 $ 224,145 $ 167,752 $ 389,168 Ocean Breeze West Housing Subsidy $ 60,000 $ 132,000 $ 132,000 $ - $ - $ - North Federal HighwaylFEC Corridor $ - $ - $ - $ 132,775 $ 50,000 $ 82,775 Landscape Tree Lighting Project - Ocean Avenue $ 92,145 $ 92,145 $ 35,752 $ 256,393 $ 56,393 $ 200,000 (a) A portion of the total rollover of $1,047,024 from FY13 -14 reallocated to other projects as follows 1 North Federal Highway /FEC Corridor Landscape - $25,000 2. Parking - NE 4th Street - $90,000 3 Woman's Club Historic Grant Match - $25,000 (b) Old High School demolition of $175,000 in FY13 -14 reallocated to Town Square Project Page 78 of 82 '� Project Fund V' ECONOMIC DEVELOPMENT PROGRAMS FY 2013 -2014 2014 -2015 Dept. 58400 Original Amended Year End Proposed ~ Change Incr/(Decr) SUMMARY Budget Budget _ Estimate Budget Amount 444 ECONOMIC DEVELOPMENT GRANTS $ 300,000 $ 300,000 $ 150,000 $ 150,000 $ (150,000) -50% 445 MARKETING INCENTIVE PROGRAM $ 95,000 $ 100,665 $ 100,665 $ 120,000 $ 19,335 19% 443 DIRECT INCENTIVE FUNDING AGREEMENTS (DIFA) $ 927,500 $ 941,500 $ 941,500 $1,182,500 $ 241,000 26% $ 1,322,500 $1.342,165 $ 1,192,165 $1,452,500 1 $ 110,335 8%1 DETAIL Funding Source Rollover FY14 -15 Economic Development Programs (Commercial Facade, Construction, interior Build -Out, Rent 44. Subsidy) $ 300,000 $ 300,000 $ 150,000 $ 150,000 $ 150.000 $ - I 445 iMarketing Program - Downtown $ 95,000 $ 100,665 $ 100,665 $ 120,000 $ $ 120,000 I 44.? 1 DIRECT INCENTIVE FUNDING AGREEMENTS $ 927,500 $ 941,500 $ 941,500 $1,182,500 DIFA - The Preserve /Cornerstone (Year 1 of 10) $ 110,000 $ 112,000 $ 112,000 $ 100,000 $ - $ 100,000 DIFA - Seabourn Cove - Phase 1 (Year 2 of 10) $ 340,000 $ 345,000 $ 345,000 $ 360,000 $ • $ 360.000 DIFA - Seabourn Cove - Phase 2 (Year 1 of 10) $ - $ - $ $ 165,000 $ - $ 165,000 DIFA - Casa Costa (Year 5 of 10) $ 410,000 $ 415,000 $ 415,000 $ 485,000 $ $ 485,000 DIFA - Wal -Mart (Year 3 of 10) $ 45,000 $ 47,000 $ 47.000 $ 50,000 $ - $ 50,000 WaI -Mart Brownfield Payment (Year 4 of 4) $ 22,500 $ 22,500 $ 22,500 $ 22,500 $ $ 22.500 Notes: Increases primarily related to addition of DIFA payment for Seabourn Cove -Phase 2. new Marketing programs Page 79 of 82 t� Project Fund Y PROJECTS & PROGRAMS FY 2013 -2014 2014 -2015 Dept. 58500 Original Amended Year End Proposed Change Incr /(Oecr) SUMMARY Budget Budget Estimate Budget _ Amount % 470 COMMUNITY SUPPORT PROJECTS 2,000 2,000 2,000 100,000 98,000 100% 480 SPECIAL EVENTS $275,000 $ 337,275 $ 337,275 321,000 (16,275) -5% $277,000 $ 339,275 $ 339,275 $ 421,000 $ 81,725 24% DETAIL 1 Funding Source Rollover FY14 -15 1 COMMUNITY SUPPORT PROJECTS $ 2,000 $ 2,000 $ 2,000 $ 100,000 Heritage Trail Creation & Interactive Online Map $ 2,000 $ 2,000 $ 2,000 $ - Woman's Club Historic Match Grant $ $ - $ - $ 50,000 $ 25,000 $ 25,000 Planning, Community and Economic $ $ - $ - $ 30,000 $ - $ 30,000 Development Workshops & Meetings Business Incubator Support $ $ - $ - $ 20,000 $ - $ 20,000 I 1 SPECIAL. EVENTS $ 275,000 $ 337,275 $ 337,275 $ 321,000 $ - $ 321,000 Holiday Extravaganza $ 105,000 $ 105 000 $ 105,000 $ 85,000 - Parade 25,000 25.000 '. 25,000 '• 25,000 - Tree, Lighting, Holiday Decorations _ $ 20,000 $ 20,000 $ 20,000 $ 31,000 - Concert $ 60,000 $ 60,000 $ 60,000 $ 29,000 Haunted Pirate Fest & Mermaid Splash $102,500 $ 102,500 $ 102,500 $ 125,000 Other Events $ 67,500 $ 67,500 $ 67,500 $ 111,000 - Music on the Rock Concerts 15,000 15,000 15,000 $ 24,000 - Holiday Boat Parade $ 9,000 $ 9,000 $ 9,000 $ 12,000 - Movies in the Park $ 10,000 $ 10,000 $ 10,000 $ 21,000 - Food Truck Invasion and Music Fest $ - $ - $ - $ 12,500 - St. Patrick's Day Celebration $ $ - $ - $ 15,000 - Kid's Earth Day Event $ $ - $ - $ 6,500 - Community Farmers Market $ 3,500 $ 3,500 $ 3,500 $ - - Catch A Dance $ 10,000 $ 10,000 $ 10,000 $ - - Special Events Grant Program $ 20,000 $ 20,000 $ 20,000 $ 20,000 Budget Amendment #2 - Resolution No. 14-02 Re Pirates Prepaids for October 2013 Event $ 62,275 $ 62,275 $ - Notes: Increase due to Community Support Projects Woman's Club Historic Matching Grant, Community Meetings formerly budgeted in General Fund and Business Incubator Support Page 80 of 82 f- Boynton Beach CRA Debt Service Fund - Budget Summary Change Incr /(Decr) 2013 -2014 2014-2015 Prior Year vs FY 14-15 Dept. # Funding Sources Budget Budget _ Amount % 49900 Transfers In from General Fund $ 1,519,178 $ 2,301,853 782,675 52% Debt Service Reserve Fund Allocation $ 780,000 $ - (780,000) 0% $ 2,299,178 $ 2,301,853 $ 2,675 0% Dept. # Expenses Bank of America Loan 59800 -810 Loan Principal $ 261,043 $ 276,211 15,168 6% 59800 -820 Loan Interest $ 43,795 $ 28,627 (15,168) -35% Sub -Total $ 304,838 $ 304,838 0 0% Series 2004 & Series 2005 Bonds - Unrefunded 59800 -811 Principal $ 750.000 $ - (750,000) -100% 59800 -821 Interest $ 30,000 $ - (30,000) -100% Sub -Total $ 780,000 $ - (780,000) -100% Series 2012 (formerly Series 2004 & Series 2005A) 59800 -814 Principal $ 117,000 $ 899,000 782,000 668% 59800 -824 Interest $ 410,675 $ 407,680 (2,995) -1% Sub -Total $ 527,675 $ 1,306,680 779,005 148% Series 20058 - Bond #2 59800 -812 Principal $ 330,000 $ 350,000 20,000 6% 59800 -822 Interest $ 356,165 $ 339,335 (16,830) -5% Sub -Total $ 686,165 $ 689,335 3,170 0% 59800 -830 Financial Agent Fees $ 500 $ 1,000 500 100% Total Debt Service Fund Expenses $ 2,299,178 $ 2,301,853 $ 2,675 0% Page 81 of 82 9' BOYNTON BEACH CRA AGGREGATE DEBT SERVICE REQUIREMENTS V Series 2012A & - - 2012B - Tax Series 2005B - Increment Revenue Tax Increment Total Debt YEAR BOA LOAN Bonds Revenue Bond Service FY 2014-2015 $ 304,838 $ 1,306,680 $ 689,335 $ 2,300,853 • FY 2015 -2016 $ 304,838 $ 1,311,666 $ 686,485 $ 2,302,988 FY 2016 -2017 $ - $ 1,625,934 $ 675,863 $ 2,301,797 FY 2017 -2018 $ - $ 1,628,550 $ 674,675 $ 2,303,225 FY 2018 -2019 $ - $ 1,626,270 $ 672,358 $ 2,298,628 FY 2019 -2020 $ - $ 1,628,197 $ 673,910 $ 2,302,107 FY 2020 -2021 $ - $ 1,623,202 $ 674,050 $ 2,297,252 FY 2021 -2022 $ - $ 1,629,438 $ 672,778 $ 2,302,216 FY 2022 -2023 $ - $ 1,624,600 $ 675,093 $ 2,299,693 FY 2023 -2024 $ - $ 1,627,942 $ 670,713 $ 2,298,655 FY 2024 -2025 $ - $ 1,564,235 $ 914,920 $ 2,479,155 FY 2025-2026 $ - $ 1,569,168 $ 908,590 _$ 2,477,758 Total $ 609,675 $ 18,765,883 $ 8,588,768 $ 27,964,326 Interest Rates 5.65% 2.56% 5.10% - 5.65% �� Page 82 of 82 I V � � It Inv do fm .M All cc mo of j ! I w ( I f'' I w O