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CO 1CDs • 1 1 ti a + _ CD 1 � w 1' • , cn • • 0 c 0 �a 0 0 1 -IR &Tllog;l A:j Wil L ol INTSI • According to The Trust for Public Land, off -leash dog parks saw the most growth in urban areas • There are now more households with dogs than with children. • Urban areas attract millennials who are putting off having children but have dogs. • Dog parks are socialization areas for both dogs and people • Downtown Boynton Beach is attracting more millennials • Most of the new residential developments in the CRA allow dogs L 111, 111111,11 I'l - 1 0 1 41 I Mffml=�#i • The CRA owns 1.71 acres on the south side of MLK, Jr. Blvd. just east of the Family Dollar • Three private owners control 1.26 acres amongst the CRA parcels. • The private property owners will not sell for appraised value. • In order to make development of the 2.97 acres financial feasible for private developers, the cost of the private land must be overcome with subsidy. a Initially rents will be lower in the Heart of Boynton than downtown until redevelopment activities have created a level of certainty on return on investment. e Subsidy will be required to develop in the Heart of Boynton until the private sector invests without encouragement from the public sector. fl�=IIMIIIIVIFIII PI P IIIIII III ''1 4 0 , a A consultant will be utilized due to the workload that this project will require 11-yom Nak I'L E,5& -T (Ydiflaws ARTICLE M. ZONING 005-FRICTS AND OVERLAY ZONES 4A. Ckmwayumnm m (MMUT L Asdek 171f, Ve4Lm $,B., tay ill— y�l af lend is 6­4,bo m 8 ZOW"9410-JIM that canvElPa-Ull TOTkteasw-d -W oftlee au Pocket Park on Martin Luther King, Jr. Blvd. Proposed Budget • The CRA Board desires to create a passive pocket park on property owned by the CRA • Proposed project may utilize one or both CRA lots for the park improvements • Staff will utilize a design/build process to develop the park • Park elements will include; lighting, a paved walkway, trash cans and benches In March 2011, the CRA Board approved the contract with Kaufman Lynn Construction, Inc. to begin the construction of the new Ocean Avenue Amphitheater. Utilizing the design and engineering services of REG Architects, Inc., the CRA provided the funding and management of the project which was completed on November 14, 2011 for a total cost of $324,693. ffiffiam Since completion of the project, the Ocean Avenue Amphitheater has been the site for over 100 special events enjoyed by thousands of residents and visitors. As a result of managing so many events at the Amphitheater, CRA staff recognizes that one of the functional deficiencies of the canopy's current design is its limited stage protection from water intrusion during inclement weather. Design engineers from Hoover Canvas met with CRA and City staff to evaluate awning renovation options for increasing the coverage area utilizing the existing frame structure. Funding under this item will also include additional paver brick areas to provide better access to the restroom facility and stage. In the Fiscal Year 2015-2016 budget, the CRA Board approved funding in the amount of $300,410 for the completion of thirty percent (30%) design and construction drawings for proposed improvements to East Boynton Beach Boulevard. During the past fiscal year, CRA staff and the engineers at Kimley- Horn & Associates, Inc. have been performing traffic analysis, meeting the planning and permitting staff at Florida Department of Transportation (FDOT) to present concept design options in preparation Erg; During this year's Strategic Planning process, improvements to Boynton Beach Boulevard was made a priority under the Transportation and Mobility category. The CRA Consolidated Plan efforts identified the Boynton Beach Boulevard Corridor as one of the six "District" areas and an important element to the future success of the downtown core. Elements such as on -street parking, median enhancements, designated bike lanes, landscaping & lighting improvements, underground utilities & removing excess FPL poles and sidewalk expansion will be included in the design plan documents. This proposed project will provide funding for the creation of final construction documents necessary for future cost bidding or use with new private sector redevelopment projects including the street design, engineering, civil and infrastructure elements. Specific design improvements being proposed will be brought before the CRA Board and City Commission for approval before final design work is initiated. _; r �� !i ! 1 w - i '111 11 #4 1! The City Commission provided direction to include the Old High School (OHS) building in any future Town Square Redevelopment Project. The Old High School building is in a current state of disrepair with roof, window and environmental conditions need remediation. To prevent further deterioration of the building it is recommended that the roof be replaced and the windows be secured until such time as a development partner is found. Based on this direction, CRA applied for and was awarded funding from the Environmental Protection Agency (EPA) to clean up and stabilize the OHS. The EPA Grant requires a funding match from the CRA. The Proposed Budget amount includes the EPA match, roof repair and securing of the existing windows and doors. The City Manager will designate staff responsible for the completing the identified repair work and the CRA will act as the funding source for reimbursement of eligible project expenses. low r r l�f� �• A5 )�p))` �� �et� (R �.�fi E� � 77 �.: } r a, n Due to the construction of exciting new 500- project, the 4. th Annual HolidayParad4 appearancewill take place on South Seacrest Boulevard travelling north to East Ocean Avenue and terminate in the area of the Children's School House Museum. The parade will showcas�f� local talent from area schools, as well as floats, costumed characters, and another special by : � p lip/ « 0 � .. The 3d Annual Boynton Beach Blarney Bash provides families with a fun and festive way to celebrate St. Patrick's Day. The event, which takes place at the Ocean Avenue Amphitheatre, will feature live music, performers clad in green, and plenty of fun outdoor activities. This friendly event will showcase a variety of novelty acts like balloon twisters, face painters, and a leprechaun. Food and beverages will be available for purchase from local vendors. The 2d Annual MLK Celebration of Unity will be held in January, 2017, and features a free concert, children's activities, a myriad of vendors and food and drink will be available for purchase. Produced in partnership with the MLK Committee, The Celebration of Unity is one of several events celebrating Martin Luther King Day within Boynton Beach, that encourage community residents to get out, and engage with one another, to live out the vision and philosophy of Dr. Martin Luther King Jr. Other events include the Annual MLK Parade & Health Fair, Living the Dream Gala and The MLK Makeover Project, Some of the events will celebrate the life and legacy of Dr. Martin Luther King Jr., while others will provide community members with opportunities to re-establish relationships and break down restrictive barriers. Iin Mnn= 0 4 . I A Ali The 3rd International Kinetic Art Exhibit & Symposium brings artists from all over the world to showcase their art along Ocean Avenue and connect the public to one -of -a -kind visual experiences. Beginning with an opening night reception, the event will continue with an art fair and live music throughout the weekend. Food and drink will be available for purchase. IJi/_1:�:1��1►Ccl The Boynton Beach Community Redevelopment Agency launched a branding campaign in the 2014 - 2015 fiscal year and a tagline Catch Yourself in Boynton Beach balancing the City's fishing tradition with its new colorful friendly outlook to change the perception of Downtown Boynton Beach. The visual elements of the campaign captures the essence of the lifestyle of Boynton Beach with a colorful splash of water to represent the Boynton Harbor Marina, one of the many unique assets in the City which has been a focus of the CRA's revitalization efforts. The campaign began with a focus on the Boynton Harbor Marina, the City's natural "gem," located in the heart of the downtown district and identified as the eastern anchor of the City's downtown core and the only South County public marina. The "Catch A" theme was based on the City's historic element of being the first fishing village in Palm Beach County. Working with the rebirth of the Marina and the surrounding small business district the visual elements of • captured the essence of - - of Boynton Beach while supporting the small businesses.- marketing and branding campaign Catch Yourseff in Boynton Beach works M 0 M Creating a positive perception of Downtown Boynton Beach is the main objective in this marketing/branding campaign. Revitalization efforts must work together with marketing efforts to build a community's image. The CRA received more inquiries from new businesses, reduction in leasable space and the businesses have responded favorably to the campaign. The perception is changing in our special events with a 100% turn around with more family oriented attendance. The City's rebirth is underway with a positive sense of Community. The campaign has promotional value that can be leveraged throughout the year. Promotional rack cards directed to brokers about incentive programs such as grants and economic development friendly information. Promotional collateral for tourism 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 and Discover the Palm Beaches. COI -A 0 *W—Y *kw AN -4y UM, *Jwftm , 411""" ,X 11 11,111111,111114111111111 hl� Y6 6144 " bzp,6,r) -je4skj r*14al Rah ap eftm Imch-561481mar �319bom*81mbewh.mR �n F-U1k!N!1111,1� wArw4pm4mw &Mt I8ySp*tFISIIIn* 56'L -722."M HAMMY Sport MagChRrLers ,m. hNmfflEBchRftm.nm- SK -6 T tdIqItFWFNhIn9QMftM JErSKIREMILI IrtrasmadviletBW lentxhr• 861-7OU2 MM.MNIUMPOO.Com btSidClob gr him IMEO-5111,N&MM �Jd*lpllmhemh.00m ek Catch yourself in Boynton OeacNp •I = M Many of the small businesses in our district do not have websites or websites with updated web pages. This campaign is based on a lottery system budgeting for 2 businesses to receive a fre-,-.x website to help promote their business online and through social media. The Boynton Beach Makeover Project is a business development project that will target two businesses in the district that need commercial fagade improvements. Working in conjunction with the CRA's Commercial Fagade Grant Program, marketing the Boynton Beach Makeover Project is fesigned to create a more dynamic project by introducing the grant programs to the business community and surrounding communities. This marketing campaign offers free advertising to the businesses located in the CRA district in a two minute video played prior to the start of the Movies in the Park event. The goal of this marketing effort is to inform, entertain and promote downtown as a destination, increasing the number of visits to the area and creating a positive economic impact. The campaign films 40 businesses a budget cycle, 5 are presented at each Movies in the Park event followed by a drawing of gift certificates from the featured businesses which encourages winners to try new businesses they otherwise would not try. We have 250-300 people consistently that attend the Movies in the Park events providing good exposure for the featured businesses. C A MI P A I G iN 11") Vsmi k fWri g %cmi i' �lur4'151 efd ��i: b �YfOL't�f� r�i or t€ w E ?"A3 IX0n ,A,,, Postcard Campaign "Meet Your Neighbors" featuring local businesses. The Postcard campaign will "ntroduce local services to the 1-1044-a• 1 Wetts. "Shop Boynton" is a direct mail campaign that focuses on the goods and services showcasing the retail busi-tesses W, IWA, 1 A, As part of the ongoing CRA business development and marketing efforts, the CRA will host a Hotel Concierges VIP Tour. The main objective of the tour is to introduce the Concierge Association of Palm Beach County to the area to promote Downtown Boynton Beach and the Boynton Harbor Marina as a tourist destinatio-t. The Tour will showcase the local restaurants with a trolley ride throughout the district stopping at thz Boynton Harbor Marina to highlight the Marina merchants with a walk down the docks and a men:, and greet with the Charter Captains followed by dinner at the Dock Master building with a surprise visit from the Pirates to promote the upcoming Haunted Pirate Fest & Mermaid Splash. The CRA has received positive feedback from the Concierges Association and the marina businesses, retail stores, and restaurants in the CRA district for the 2015 concierge's event, Continuing a relationship with the Concierges Association by keeping them engaged with brochures and activities in Boynton Beach is part of the overall strategic plan of the Hotel Concierges VIP Tour. Communication is an important part of the plan in order to shift the perception of downtown Boynton Beach. As part of the CRA's increased marketing efforts for Downtown Boynton Beach, the City and CRA became Signature Partners of Discover the Palm Beaches and have been working very closely with Discover the Palm Beaches staff to highlight Boynton's many opportunities to tourists. President and CEO of Discover the Palm Beaches, Jorge Pesquera attended the 2015 Concierges event and spoke to the attendees about the happenings in the tourist industry for Palm Beach County. The Boynton Beach CRA's strategic approach for improving the general business climate included introducing programs like the Hotel Concierges VIP Tour which recognizes tourism as an important V.river of sustainable economic growth and job creation. Due to the success of that event, these types #f projects will be conducted regularly to draw more attention to downtown businesses. VISITFLORIDA, 1 :111111111111 1111 11111 1111111111111 111111 Pill 11 lot- 2i Y! Marketing at events such as Trade Shows are opportunities to showcase Boynton Beach, meet industry partners, networking and study activities of other cities "best practices". The Boynton Beach CRA, Boynton Harbor Marina, City of Boynton Beach Recreation and Parks Department and Project Seahorse a non-profit organization proudly announces the 2nd Annual Project Seahorse Event that took place August 1, 2016. This collaboration introduced children 10 to 12 years old from the City of Boynton Beach summer camp program to learn how to snorkel, strengthen their swimming skills and this year we are offered a marine ecology section with professional marine biologists teaching campers about the marine resources right off the Boynton Beach shores. To prepare for the "special field trip" the children worked hard on their swimming skills on the three Mondays before the snorkel experience. The campers worked with dive and swim instructors from Project Seahorse and Florida Free Divers teaching them how to swim and use snorkel equipment at Aqua Crest county pool. On August 1, the summer campers boarded the Boynton Harbor Marina businesses Splashdown Divers, Loggerhead Dive Charters and Starfish Enterprise at the Marina with certified dive instructors, Florida Free Divers, City lifeguards and City staff to snorkel the Lofthus, a historic shipwreck which sank in 1898 about 200 yards off shore of the Boynton Beach coast. Project Seahorse Sponsors: Florida Free Divers, Splashdown Divers, Loggerhead Enterprise, Starfish Enterprise, I AM BROADBAND.COM, Jim Abernethy's SCUBA Adventures Inc., KP Concessions, Xtreme Concessions LLC, D.P. Vendtronics, Inc., Diversity in Aquatics Program and Palm Beach County Parks and Recreation Department. 1 9 ArA" P j TAANW & AIL • Provides financial assistance to new and existing expanding businesses during the critical first year of operation by offering grant funds to reimburse 50% of the monthly lease rate up to a maximum grant amount • The grant amounts under the program are tiered into two categories. Tier I is for full service restaurants with 50 seats or more and may receive a maximum reimbursement of $1,250 per month for 12 consecutive months. Tier 2 is for all other eligible businesses and may receive a maximum reimbursement of $900 per month for 12 consecutive months. • Since the program's inception in March 2010 to last fiscal year 2014-2015, a total of 28 new/existing businesses have participated in this program with total grant funding of $182,054 with a private sector match of $469,149 creating a ratio of $1 to $3, public to private dollars expended on commercial rent. • During the current fiscal year, there have been 7 approved appiicants with CRA grant funding totaling $62,981. Three of the approved applicants have utilized and matched $14,640 in grant funding creating a ratio of $1 to $2 in public to private dollars expended on commercial rent. B&J Catering, Inc. d/b/a Culinary to Go (Formerly Denny's) 2201 S. Federal Highway Commercial Far pdo Grant ($25,000) Interior Build -Out Grant ($45,000) Construction Permit Grant TOTAL GRANT FUNDS $89,000 ESTIMATED IMPROVEMENTS $571,000+ THE BOARDWALK 209 N. Federal Highway 2 W.Boynton Beach Blvd. HOUR CUCINA, LLC 411 S. Federal Highway Kim milli I ci I (a) CRA expansion 1 CRA Assessed Tax Increment Property Values % Chane 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 1994-1995 $ 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 17% $ 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 $ 1,000,248,846 12.0% $ 8,317,867 18.5% FY 2015-2016 $ 1,105, 502, 452 10.5% $ 9,585,902 15.2% FY 2016-2017 1,196,622,697 8.2% $ 10,363,156 8.1% (a) CRA expansion 1 1.E ASSESSED VALUATIONS Y21 21 JASSESSED VALUES 1,105,502,4521 , Actual Certified 6/28/2016 Estimate As of: 5127116 R 91,120,245 TAX INCREMENTREVENUE - ESTIMATED FOR NEW BUDGET YEAR I Assessed l 1,1 1,196,622,697 Less Base Year Value 309,821,849 309,821,849 TIR Taxablel886,800,848 95% of Difference $ 755,896,573 $ 842,460,806 (Per Florida Statutes Chapter 163.387(1)(a) Assumptions Redevelopment Trust Fund} No Millage Chane Incrl( ecr) City& County versus Prior Year ills es—Amountrce city 7.9000 7.9000 1 % County 4.7815 4.7815 NIA 0% % of Tax Increment ve Total TI C4 71, 5, 2% $ 683,85711% County 1 , 1 38% 413,907 11% Sub -Total 9,585,902 10,683,668 1,097,764 11% 3.0% for True -Up - 320,510 NIA Net TIR 10,363,156 8% $ 9,585,902 $ 777,254 Budgeted unange trom Prev. Year Amount $ 777,254 .% (a) The Property Appraiser Issued a revision on 6128/15 for CRA Total Taxable Value of $1,200,179,907. However, the City has budgeted tax increment revenue payments based on the 5/27/2016 taxable values. There will be another revision in October, 2016 and a final certified tax value mid -2017. Therefore, the CRA's tax increment revenue will be based on the first Tax Roll notice on 5127/2016 with a 3% deduction for the final Property Appraiser certified tax roll adjustments necessary in mid -2017. General Fund Revenues Tax Increment Revenue (7113") Marina Total Fund Balance Allocation -Audit 9/30115 -FY14-15 $ 835,769 (a) Less: Insurance Reserve $ s Net Fund Balance Allocation - FY 14-15 $ 668,607 Total Revenues - General Fund12,031,763 • weet Fund - Other Revenue/Financing Sources: 1. Revenue from of :1 E. Ocean Avenue Committed2. Fund Balance All.,, .n $ 500,000 Sub -Total • Less Obligated • Expenses Debt ServiceFund . 11,485,686 2,140,220 OperatingGeneral Fund - 6,393,700 General .Expenses 1,389,493 1,000,000 Project Fund 320,648 % $ • Casa Costa $ 545,000 60,000 • 1 4 ! • • The Preserve - Cornerstone $ 100,000 New Project Revenue from All Sources $ .: .TLU. I 2TrT. i 1. Self -Funded Insurance Reserve - R14-01--+ Will remain in General Fund Committed . Balance 2. Unassigned General Fund - Fund Balance--). $ 668,6 .. - . i transferredWill be recorded in GF FY1 6-17 and out • Project Funa Total $ 835,759 Property Acquisitions Marina Purchase Housing. Total (Year 7 of 10) (Year 5 of 10) (Year 4 of 10) (Year 3 of 10) (Year 2 of 10) i.'. 11,485,686 3 ' 1 % %1 6,393,700 1,389,493 320,648 % $ 29,611,676 00% EVENTS I DATE Haunted Pirate Fest Saturday: Sunday October 22 : 23, 2016 Mermaid Splash HOLIDAY TREE LIGHTING & CONCERT Friday, December 2, 2016 . � • .' r • • - - • '' - � - 111 •' • ► • • 111 HOLIDAY BOATMITM-1 Holiday •tal $102,000 ion of Un4 TBD $40, BLARNEY BASH Friday, March 17, 2017 $18,0001. MOVIES IN THE PARK -• 1 1;1h • Friday, October 21, 2016 • November 18, 2016 • MUSIC ON THE ROCKS December 16, 2016 e January 20, 2017 e February $20,000 17, 2017 a March 18,'2017 •April 21, 2017 a May 19, 2017 e June 16,2017 0 EVENTS I DATE The Boynton Beach Haunted i est Saturday & Sunday October 22 & 23, 2016 Mermaid plash TREE LIGHTING & CONCERT Friday,December HOLIDAY BOAT PARADE MLK Celebration of Unity :! KINETIC EVENT TBD $5,000. BLARNEY H Friday, March 17, 2017 $8,700 MOVIESa Friday, October 7, 2016 a Rovember 4 2016 a i Friday, October November. MUSIC ON • December February2017 9 March 18, 2017 eAphl 21, 0 ., 2017 s June 16, 2017 IT, ^^ � \ � � \ \ / « \ ( \ \d \ \ \^\��,��} ��� ^ � \ �< � � y� �»° �2�«. < � � �� � / 2 MINQUOW NM LImmmmmLnJ"w4l 0000vv©©'©o 0)0 0 d cq LC') ti O Ch 0 LL®y C',to CT p C C� O h JQ O) C7 N 0 � O O Ln -0 40°9 N W CA P O) N O C T e4: T-: 8 O GO I O It!r O w! 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V> I U; 4R gy p -LO O r co 1l- O 00 O O O� �r P Q CD w" N O 0 N� N � M O LOO O ® M O r O l(j N O CO LO N Lia W^' 09 as I- O Ln `t m M P r h V9 LL r 64 r 44 r 44 bi 4R 64 64 64 64 4* 6R 4A w W Y w _ h- U n L O N t+ � �yN O U(D QcoZ E C i •� U) O LD O U O •� SU (D 'N CLU W e d v � ® LD m m m 0 ❑ Q .� CS. CD CO m LU q)Z d y 0 c Eco Ew 0E o 88CL gt "'(o�cE c F UF(IS� C C_ > co Q) L� Qy Ctl N 1.1.1 C[ LL LL ❑ .� A (%) CI Q CL W W LO 1� LO O 0 m LO CD Q O O C -2 O izz i:z 4 8Ls Z� L7 45 LU C14 N 0 Z O O a a 0 O O O Z W W CD ,e _U GI8 U3 O� O. G. W y c 0 � U m Q= O Oco ® d d Z o E y E 2 t L V Z a L a L a E m u7 Co 2=� 2 o E Z Z m � 'aC Q •lLE y Y U •o �g(n71- I -U 20 9 7 M 0 d � W- E 11 '� C CL 0 LL®y CT p C C� C CL IL O) 0 � ® M E 40°9 N W CA Qti itl C to CZRII ++ O C O m �M LJ 21 O d N CD m N T O W w h t0 c h ®o Z 12 Z ae (a) Audited Fund Balance 9130/2015 $ 3,848,200 1. CommittedFund Self -Funded 2. Working Capital - Oct -Doc 2016 $ (2,500,000) 3. Compensated Absences(85,000) Encumbrances4. Prepaids (insurance & Rent Deposits) $ (35,000) 5. (60,000) • Allocation of • ii Fund Balance in FY 16-17• • • Projects (668,607) • • (3,635,572) -stimated Unassigned Fund , (a) Allocations of Unassigned General Fund - Fund Balance 9/30/15 1. Committed Fund •-•(167,152) Total2. Projects - Allocated in FY 16-17 Budget $ (668,607) AMC Note: The annual audit of the CRA's financial statements for the fiscal year ending September 30, 2016 will be completed by mid-January 2017. 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. (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. iul I M;UlA Boynton Beach CRA IREVENUES I Budget I Budget I mate_ _L $ Budget l Amount I 1% Tax Increment Revenue (TIF) $ 9,319,593 $ 9,319,593 $ 9,585,902 $10,363,156 $1,043,563 11% Marina Rents & Fuel Sales -4% 1,100,000 $ 1,100,000 $ 1,000,000 $ 1,0 ,000 $ (100,000) -9% Fund Balance Allocation - FY1-15() $ - $ - $ - $ 668,607 $ 668,607 0% Total Revenues $10,419,593 $10,419,593 $10,585,902 $ f2-,031,763$1,612,170 $ 15% $ 60,500 $ 64,500 $ 4,940 8% Contingency $ 100,000 $ 100,000 CRA Board $ 27,100 $ 27,100 - 29,300 $ 29,650 $ 2,550 9% Administration 1,904,570 $ 2;101,295 ' $ (72,240) -3% Total General Fund Operating $ 3,242,953 $ 3,242,953 Executive Department $ 366,190 $ 366,790 $ 370,135 $ 455,423 $ 88,633 24% Finance Department $ 274,425 $ 274,425 $ 270,329 $ 282,678 $ 8,253 3% Planning Department $ 160,470 $ 160,470 $ 158,730 $ 163,668 ; $ 3,198 2% Marketing & Business Development $ 139,152 $ 139,152 $ 137,784 $ 141,432 $ 2,280 2% Special Events Department $ 101,481 $ 101,481 $ 102,421 $ 104,696 s $ 3,215 3% Sub -Total $ 1,042,318 $ 1,042,318 $ 1,039,397 $ 1,147,897 $ 105,579 10% Insurances $ 177,975 $ 177,975 $ 166,525 $ 179,250 $ 1,275 1% Professional Services $ 262,000 $ 262,000 $ 207,000 $ 252,000 $ (10,000) -4% Buildings, Grounds, Maintenance $ 474,000 $ 474,000 $ 470,545 $ 505,545 $ 31,545 7% Marina Operations $ 1,100,000 $ 1,100,000 $ 1,000,000 $ 1,000,000 ii $ (100,000) -9% Information Technology $ 59,560 $ 59,560 $ 60,500 $ 64,500 $ 4,940 8% Contingency $ 100,000 $ 100,000 $ $ 100,000 $ - 0% Sub -Total $ 2,173,535 $ 2,173,535 $ 1,904,570 $ 2;101,295 ' $ (72,240) -3% Total General Fund Operating $ 3,242,953 $ 3,242,953 $ 2,973,267 $ 3,278,842 $ 35,889 1% , , , ern 1<�1rfi Transfer to Debt Service Fund $ 2,142,518 $ 2,142,518 $ 2,142,518 ^ '$ 2,140,220 '' $ (2,298) 0% Transfer to Project Fund $ 5,034,122 $ 5,034,122 $ 5,034,122 $ 6,612,701 $1,578,579 31% Sub -Total $ 7,176,640 $ 7,176,640 $ 7,176,8 $ 8,752,921 $1,576,281 22% Total General Fund Expenses Transfers Out $10,419,593 $10,419,593 $10,149,907 12 31,7.3 ; $ 1, 1 ,170 15% NOTE: Administrative Costs As a % of General Fund 10% (a) Source: Audit ending 9130115 - General Fund, Unassigned Fund Balance; less $167,152 for insurance reserve. Total audited unassigned = $835,759. 11 BOARDCRA ADVISORY BOARD 0 CONFERENCES,51010 PZJT4�*I+7 ► k i :T -ITA iI"a =F41:1 =: F.�=1 Minutes & City Staff Costs - 225 227 DELIVERY SERVICES i OFFICE SUPPLIES 7,500$ PHONES340 CELLULAR PZJT4�*I+7 ► k i :T -ITA iI"a =F41:1 =: F.�=1 Minutes & City Staff Costs 7,507,500 NOTICES216 PUBLIC Ir $ 6,500 6,500 $ 6,500 Board Meetings & Legal Notices - f 2015-2016 7,500$ 7,1l $ 7,500 1 f $ $10,750 $ 10,750 $14,000 .0t 400 r0 1 1,200 $ 1,2000 Florida2. 7,507,500 NOTICES216 PUBLIC Ir $ 6,500 6,500 $ 6,500 Board Meetings & Legal Notices ig Amount $ 3,750 $ (1,200 2,550 ®®0 0% 0% 35% 0% 0% -100% 9% CONFERENCES, WORKSHOPS225 1 f $ 10,750 $14,00 r $ 14,500 - 1 1 Florida2. 7,000001 $12,00012,000 Workshops,3. Training, DevelopmentBoard 227 DELIVERY SERVICES $ 400 $ 400 $ 400 $ 400 1' • I 1 1 0 1' CELLULAR PHONES1,200 $ 1,200 Ir ig Amount $ 3,750 $ (1,200 2,550 ®®0 0% 0% 35% 0% 0% -100% 9% MKORRUgkilm art- !me Employee s SUMMARY $ jBudget - I Budget I Estimate I Budget I Amount I% $ 32,400 100 PERSONNELS VICES Dental 328,265 $328,265 $328,179 $ 409,753 $ 81,437 5% 115 AUTO ALLOWANCE $ 3,000 $ 3,000 $ 3,000 $ 3,040 $ - 0 225 CONFERENCES, MEETI S $ 7, $ 7, $ 11,570 $ 12,400 ,522 4,600 5 6 MEMBERSHIP DUES 17,141 5,285 5,285 $ 6,810 $ 7, $ 2,250 8,528 7 DELIVERY SERVICES $ 7 750 $ 500 $ 5 $ (250) -33 229 CAREER DEVELOPMENT $ 10,900 10,900 $ 11,121 $ 12,500 $ 12,400 1,600 15 310 OFFICE SUPPLIES $ 3,000 3,000 2,500 $ 2,500 $ ( 0) -17% 315 POSTAGE S 2,500 $ 2,500 2,500 $' 2,$00 $ $ 3,500 0 340 CELLULAR PHONES $ 2,160 $ 2,1 $ 2,100 $'. 2,880 500 720 % 355 SUBSCRIPTIONS $ 10,900 0 $ 605 $ 605: $ (5)°/® $ 3,000 BOOKS360 & PUBLICATIONS $ 500 $ 500 $ 250 $ 250 InCI. Economic Development Council (IEDC) (250) -50% 0 EQUIPMENT COSTS 3,320 2,000 $ 2,000 $ 1,000 , $ 1,00Q, $ (1,000) -50°% 3,501 Total 366,790 $366,790 $ 370,135 , 455,42 '- j 88,632 art- !me Employee s $ $ $ - $ - $ 11,700 Benefits lth 7,535 32,400 $ 32,400 $ 32, $ ,000 Dental $ 1, $ 1,440 $ 1,350 $ 1,800 Vision $ 180 $ 180 $ 180 $ 240 Life & Long Term Disability$ Florida Redevelopment Association (FRA) 1,414 $ 1, $ 1,561 $ 1,886 Retirement en (457(b) & 401(a) Plans) $ ,522 $ ,522 $ 45,858 52,648 FICA Taxes $ 17,141 Soo 17,141 $ 17,541 $ 21,224 3 + Incremental T + Retirement $ 8,528 $ 8,528 $ - $ 10,515 115 AUTO ALL $ 3,000 $ 3,000 3,000 $ 3,000 CONFERENCESIMEETINGSIWORKSHOPS $ 7,800 $ 7,800 11,570 $ 12,400 Regional - Local Meetings & Seminars 1,500 $ 1,500 $ 3,000 $ 2,500 National Conference 0 $ 2,500 $ 3,750 4,000 State Conference 0 2,000 $ 2,000 $ 3,500 $ 3,500 Mileage S 1,600 $ 1,800 1,3 $ 2,400 226 SHIP DUES $ 5,285 $ 5,2 $ 6,810 $ 7,535 Urban Land $ 600 600 $ 600 600 American Planning Association (APA) $ 810 $ 810 $ 810 $ 810 Florida Redevelopment Association (FRA) 1,000 1,000 $ 1,120 1,500 American Institute of Planners ( P) $ Soo $ Soo $ Soo Business Development Board (D) $ 1,000 $ 1,000 $ 2,000 $ 2,250 Realtors m rcl l Alliance $ 3 3 $ 350 IOP Commercial Real Estate Association $ 6 $ 625 $ 6 InCI. Economic Development Council (IEDC) $ - - 405 $ 500 Chamber of Commerce 0 400 $ 400 $ 400 227 DELIVERY SERVICES $ 750 75 $ 500 $ 500 229 CAREER DEVELOPMENT 10,900 $ 10,900 $ 11,121 12,500 American Planning Assoc. Cont. Prof. Ed. $ 3,000 $ 3,000 2,500 $ 3,000 InCI. Economic Development Council (IEDC) $ - $ - $ 3,320 $ 3,500 Florida Redevelopment Association (FRA) $ 6,100 6,100 3,501 $ 4,000 Florida F 1,800 $ 1,800 1,800 $ 2,000 310 OFFICE SUPPLIES 3,000 $ 3,000 $ 2,500 $ 2,500 315 POSTAGE $ 2,500 $ 2,500 $ 2,500 2,500 340 CELLULAR PHONES ,1 $ 2,160 2,100 $ 2,880 355 SUBSCRIPTIONS $ 6 6 $ 605 605 Florida Trend $ 2 2 $ 250 $ 250 South Florida Business Journal $ 130 $ 130 130 $ 130 Downtown Id change $ 250 $ 250 $ 225 $ 225 360 BOOKS & PUBLICATIONS $ 500 $ 2 $ 250 D EQUIPMENT COSTS $ 2,000 $ 2,000 $ 1,000 $ 1,000 `� -. .c s - E .., it � , , _ � ', . . �.' , - - 'a � -- �� i � r :. -� - s a - - ti •, lull firne position o-ases in conferences and career development - certifications foreconomic Membership dues increase for addition of International Economic Development Council and dues increases. Overtime for non-exempt employee added to budget for implementation of new U.S. DgQt. of Labor law effective 1211/2016. 13 General Fund ;.,k1,000 r!r f!f T rrrr 225 CONFERENCES, MEETINGS, WORKSHOPS IHCE DEPARTMENT - 01-51325 I I n 2015-2016 $ 4,950 FY 2016-2017 10,450 Regional Local :.1,000 Original Amended Year End Proposed Change Incrl(Decr) Mileage SUMMARY rn Budget BudgetEstimate ra BudgetAmount Financial Systems Conference •• 100 PERSONNEL SERVICES $ 248,615 $246,615 $249,169 $ 255,918 7,304 3% 200 COT CTL NS S $ 250 $ 0 $ 250 - 0% 201 BANK FEES 1,000 $ 1,000 $ 2,000 $ 2,0001 1,000 100% 225 CONFERENCES, MEETINGS $ 10,500 10,500 $ 4,950 $ 10,450 $ (50) 0% 6 MEMBERSHIP DUES $ 820 $ 820 $ 820 $ 820 $ - 0% 227 DELIVERY SERVICES $ 500 $ 500 $ 500 $ 500 ' $ - 0% 229 CAREER DEVELOPMENT $ 5,000 $ 5,000 $ 5,000 $ 51000 $ - 0% 310 OFFICE SUPPLIES $ 2,500 $ 2,500 $ 2,500 $ 2,500` - 0% 340 CELLULAR PHONES $ 1,440 $ 1,440 $ 1,440 $ 1,440 $ 0% 355 SUBSCRIPTIONS $ 1,300 $ 1,300 $ 1,200 $ 1,300 0% 360 BOOKS & PUBLICATIONS $ 700 $ 700 $ 700 `# 700 ` $ - 0% 365 OFFICE PRINTING COSTS $ 300 $ 300 $ 300 5 300 $ 0% 400 EQUIPMENT COSTS 1,500 $ 1,500 $ 1,500 $ 1,5 $ - 100% $ 1,500 Total 274,425 $274,425 $270,329$ 282,678 $ 8,254 3% DETAIL 100 PERSONNEL SERVICES 8,615 $248,615 $249,169 255,918 Salaries Finance Director $ 98,093 $ 98,093 $101,036 $ 101,036 Finance Specialist $ 73,030 $ 73,030 76,221 75,221 Benefits Health $ 21,600 21,600 ,000 ,000 Dental $ 960 $ 900 $ 900 Vision $ 120 120 120 $ 120 Life & Long Term Disability $ 1, 1, 1,157 $ 1,157 Retirement Benefits (457 & 01() Plans) ,225 $ 34,225 $ 35,251 $ 35,251 FICA Taxes 13,176 13,176 13,484 $ 13,484 3% Merit Pool + Incremental Taxes + Retirement $ 6,367 $ 6,367 $ 6,750 CONTRACTUALDept. 200 Economic • r ! f r, ;.,k1,000 r!r f!f rrrr 225 CONFERENCES, MEETINGS, WORKSHOPS I I n 10,500 $ 4,950 S 10,450 Regional Local :.1,000 .III Il 0 Mileage $ rn rr ra !f Financial Systems Conference •• rrr S 4,000 f!f Florida Redevelopment , , rn $ 3,600 $ 1,500LLu 226 MEMBERSHIP DUES $ a ! D FL Government Finance Officers Assoc. (FGFOA) $ 300 $ 300 $ 300 $ 300 Government Finance Officers Assoc. ' Ii I 0 + Society for Human Resource Management04 !! 00 00 SERVICES2Z7 DELIVERY 500 500 !:. 500 Finance Certification Programs/Continuing Ed.) $ 5,000 $ 5,000 $ 5,000 $ 5,000 l: OFFICE SUPPLIES $ 2,500 Ir $ 2,500 $ 2,500 f CELLULAR PHONES1. 1 ft. 355 SUBSCRIPTIONS - Financial Reporting Agencies $ 1,300 $ 1,300 $ 1,200 $ 1,300 5 OFFICE PRINTING COSTS-Checka 1999 Ih 10 10 IN 410 EQUIPMENT COSTS!f $ 1,500 $ 1,500 $ 1,500 Notes: Increases due to possible merit increases, incremental taxes and benefit cost increases, bank fees. 14 General Fund 1111111111111:2 WTI 211 "Im, rel 11 =Qkmlilm1 1 226 MEMBERSAIP 111 11 "11! 111 i1 _ R y Realtors. .+ Assoc. 00.. Realtors •r of Palm Beaches0111,000 10 $li 227 DELIVERY SERVICES $ 1 1� 11 11 1301 229 CAREER DEVELOPMENT $ 4,300 $ Redevelopment • .,Education2,500 1 1 2,500 1 11 $ 2,50ti Florida Association ill :11 1 1! : 1. 1! ' OFFICE SUPPLIES 1,500 5 1 1 1,500 1 11 CELLULAR .. 900 �1t # 11 '1 •1� 91 U '11 •111. II 1' .11 :�� •' < � 111 11 i11 11 1'. # I# 1 11 1 1 I K 1 1i II 1 1 1 F _ ..+ '.:..... + 1 1t.. IM L.. 1 4.... 1 t 100 PERSONNEL SE- $ 141,050 $141,050 a 11 $ 145,308 Salaries Assistant Director $ 98,325 $ 98,325 $101,275 $ 101,275 Benefits Health $ 10,800 10,800 10,800 .1i .i 60 .i Life & Long TermDisability Retirement Benefits (457 & 1 225 CONFERENCES, MEETINGS, WORKSHOPS $ 4,820 $ 4,820 $ 4,320 $ 4,820 Mileage $ 1,320 $ 1,320 $ 1,320 $ 1,320 EconomicDevelopment C.y 11; 11 1,000 $ 1,500 226 MEMBERSAIP 111 11 "11! 111 i1 _ R y Realtors. .+ Assoc. 00.. Realtors •r of Palm Beaches0111,000 10 $li 227 DELIVERY SERVICES $ 1 1� 11 11 1301 229 CAREER DEVELOPMENT $ 4,300 $ Redevelopment • .,Education2,500 1 1 2,500 1 11 $ 2,50ti Florida Association ill :11 1 1! : 1. 1! ' OFFICE SUPPLIES 1,500 5 1 1 1,500 1 11 CELLULAR .. 900 91I 11 '1 91 U Notes: Increase due to possible merit increase, incremental taxes and benefit cost increases, conference and LoopNet subscription increase offset by reduced office printing costs. 15 aeneral Fund FY 0 R 0 PERSONNEL Benefits Health Dental Vision Life & Long Term Disability Retirement Benefits (457 & 401(a) Plans) FICA Taxes 3% Merit Pool + Incremental Taxes + Retirement iku $ 10,800 01-57400 SUMMARY 10,800 Original Budget Amended I Budget Year End Estimate Proposed Budget Change Incr1(Decr) Amount 450 100 PERSONNEL VICE $ 86,457 $ 86,457 $ 86,254 $ 88,737 2,280 % 216 ADVERTISING$ $ 11,341 6,000 11,341 6,000 $ 6,000 $ 6,000 i $ - 0% 218 MARKETINGIBUSINESSEVL. COLLATERAL $ 5,000 2,318 5,000 $ 5,000 $ 51 - 0% 225 CONFERENCES, MEETINGS $ 6,275 $ 6,275 $ 5,900 $ 5,900 $ (375) -6% 226 MEMBERSHIP DUES $ 5,100 $ 5,100 $ 5,250 $ 5,250'; 150 3% 227 POSTAGE $ 4,000 $ 4,000 $ 3,000 $ 4,000 226 0% 229 CAREER DEVELOPMENT $ 1,800 $ 1,800 $ 1,800 $ 1,8100 0% $ VIDEOS236 PHOTOGRAPHY & $ 15,000 $ 15,000 15,000 $ 15,000 $ 0% 310 OFFICE SUPPLIES$ 1,500 1,500 $ 1,500 $ 11500 $ - 0% 340 LLL S 720 720 $ 720 $ 720 ; 0% 355 SUBSCRIPTIONS $ 1,000 $ 1,000 $ 1,160 $ 1,325 $ 325 33% 360 BOOKS & PUBLICATIONS$ $ 300 $ 300 $ 200 $ 2001 $ (100) 100% 365 MARKETING PRINTINGT $ 6,000 $ 6,000 227 6,000 $ 6,000 - 0% Total 139,152 $139,152 $ 137,784 $ 141A32 2 2,280 2% 0 PERSONNEL Benefits Health Dental Vision Life & Long Term Disability Retirement Benefits (457 & 401(a) Plans) FICA Taxes 3% Merit Pool + Incremental Taxes + Retirement iku $ 10,800 $ 10,800 $ 10,800 $ 11,000 $ 480 $ 480 450 218 450 $ 60 $ 60 $ 60 $ 60 $ 387 $ 387 $ 387 $ 434 $ 11,341 $ 11,341 $ 11,681 $ 11,681 $ 4,366 $ 4,366 $ 4,468 $ 4,468 $ 2,318 $ 2,318 $ - $ 2,237 216 ADVERTISING $ 6,000 $ 6,000 1,160 6,000 1,325 61000 218 MARKETINGBUSINESS DEVL. COLLATERAL $ 5,000 $ 5,000 5,000 Sun -Sentinel 5,000 225 CONFERENCES, MEETINGS, WORKSHOPS $ 6,275 $ 6,275 $ 5,900 $ 5,900 $ Regional - Local Meetings & Seminars $ 1,000 $ 1,000 $ 800 $ 800 300 Mileage $ 975 $ 975 $ 800 $ 800 State Marketing -related Conferences $ 1,000 $ 1,000 $ 1,000 $ 1,000 Visit Florida Governor's Conference (with City) $ 1,500 $ 1,500 $ 1,500 $ 1,500 Florida Redevelopment Association (FRA) $ 11800 $ 1,800 $ 1,800 $ 1,800 226 MEMBERSHIP DUES 5,100 5,100 5,250 $ 5,250 Visit Florida 475 $ 475 475 $ 475 Palm Beach County Convention & Visitors $ 2,500 $ 2,500 2,500 2,500 Bureau (represents 50%® of cost to be shared with City) International Downtown Association (IDA) $ 1,725 $ 1,725 $ 1,725 $ 1,725 Gold Coast Public Relations Council $ 50 $ 50 $ 50 $ 50 International Festivals & Events Association 350 $ 350 $ 500 $ 500 227 POSTAGE $ 4,000 $ 4,000 3,000 4,000 229 CAREER DEVELOPMENT1,800 1,800 1,800 $ 1,800 Florida Festivals & Events Training 11 1,800 1,800 1,800 236 PHOTOGRAPHY, VIDEOS, PROMOTIONAL $ 15,000 15,000 $ 15,000 $ 15,000 310 OFFICE SUPPLIES1,500 1,500 $ 1,500 1,500 0 CELLO S 720 720 720 $ 720 355 SUBSCRIPTIONS 1,000 $ 1,000 1,160 1,325 Palm Beach Post 300 300 $ 410 425 Sun -Sentinel 350 350 350 $ 475 Wall Street Journal $ 350 $ 350 $ 400 $ 425 360 BOOKS & PUBLICATIONS300 $ 300 $ 200 $ 200 365 MARKETING PRINTING COSTS 6,000 6,000 $ 6,000 6,000 Notes: Increase primarily due to passible merit increase, incremental taxes and benefit cast increases. 16 =177 V 17, SPECIALKer7 01-57500 1 I I 11' • 1 • i[ I! !I rl :!! ' • ' • ' : 1 1 : 1 I 11! 1 ! I 1 • 11. 11 II 11 1', • [ 1 is 1 • • 1 111 i 1 1 1 I l k4' 1! I G !', 1 100 PERSONNEL SERVICES $ SalariesSpecial EventsCoordinator .. IIF_$ 45,000 ._46,350.. - 46,350 Benefits Health $ 10,800 {.'::li 10,800 000 Dental 480 I [ L........ Life & Long Term Disability Retirement ' 1 9,000 All $ 9,270 $ 9,270 CONFERENCES,225 •': l !{ $ 5,300 $ 6,100 $ 6,100 State Event -related Travel $ 1,000 10I :11 :11' MEMBERSHIP226 • 111i l ii i Iit Florida 0I... II Iw.. . Soo 229 CAREER DEVELOPMENT $ 1,800 $ 1,800 $ 2,500 $ 2,500 Events Training $ 1,800 $ 1,800 $ 2,500 $ 2,500 i OFFICE SUPPLIES $ 1,500 $ 1,500 $ 1,500 $ 1,500 1 CELLULAR PHONES1 I f. 1 SUBSCRIPTIONS355 1 I -Ili EQUIPMENT & EVENT SUPPORT20,00020,000 20,000 20,000 Increase primarily due to possible - benefit cost Q Cal MV- - -• • - 1 . • - • • �- 17 General Fund If $ 49,500 i ;. Inland Marina, Public Official & $ 90,000 $ 90,000 85,000 97,750 Management Liability, Auto, Excess ll 9010 . . 3,500 "ii 213 PROPERTY # Liability 1( :iii; I '.: 1 i I I' 49,500 $ 49,500 $ 43,000 $ i f (6,000) Total $ 5,050 $ - "`�. $ • �r �_ ,,.,.� '. ,. - r ...:��•V.xiu-_�.4,-.. � �cc_-. �:, ;�k-���.1T -.- � � - _ - - 'i , `� .. �. � .,-TMS . - _ r Construction Policies 213 PROPERTY& LIABILITY COVERAGE $128,475 $128,475 $123,525 $ 135,750 Property, General Liablity, Crime, If $ 49,500 43,000$ Inland Marina, Public Official & $ 90,000 $ 90,000 85,000 97,750 Management Liability, Auto, Excess ll 9010 . . 3,500 "ii Liability 1( :iii; Reemployment '.: 1 i I I' l M M i Storage Tank Pollution Policy (2 yrs.) $ 6,000 l l i 6,000 $ 5,050 $ - itizens Windstorm Policy $ 14,000 $ 14,000 15,000 $ 18,000 Construction Policies 10,000 10,000 10,000 10,000 Policy Contingencies 8,475 8,475 $ 8,475 $ 10,000 Notes: Increases due to carrier estimates and windstorm coverage increases, offset by reduction in Storage Tank Pollution renewing every two years, reduction in Workers Comp and Reemployement. 18 If $ 49,500 43,000$ 43,50 !iii. '• -- — $iii..._ !il iii; ll 9010 . . 3,500 "ii iii.. 1( :iii; Reemployment '.: 1 i I I' l M M i Illi l l i !ili. III; lil iiia Ili. Notes: Increases due to carrier estimates and windstorm coverage increases, offset by reduction in Storage Tank Pollution renewing every two years, reduction in Workers Comp and Reemployement. 18 Lc= I PROFESSIONAL SERVICES- 01-51420 FY2015-2016 $147,000 $147,000 $102,000 $ 137,000 Audit Services $ 18,500 $ M;Trr $ 18,500 $ It 141i $ 15,000. $ 15,000 $ (10 000 ,) -7% 5,000 $ 15,000 Bond Indenture Compliance & Bond Continuing s $ 0% 20,000 $ $ 10,000 $ 0% Total $262,000 $262,000 $207,000 $ ' 252,006 $ (10,000) -4% DETAIL 200 CONTRACT L SERVICES $147,000 $147,000 $102,000 $ 137,000 Audit Services $ 18,500 $ 18,500 $ 18,500 $ 18,500 Marina Audit & Tax Compliance $ 15,000. $ 15,000 $ 5,000 $ 15,000 Bond Indenture Compliance & Bond Continuing $ 20,000 $ 20,000 $ $ 10,000 Disclosure Dissemination Services Financial Services $ 30,000 $ 30,000 $ 30,000 $ 30,000 Webalte Hosting & Related Services $ 15,000 $ 15,000 $ 15,000 $ 15,000 Website Design & Maintenance $ 15,000 $ 15,000 $ 15,000 $ 15,000 Personnel Services $ 30,000 $ 30,000 $ 15,000 $ 30,000 Economic Development Financial Assessment $ 3,500 $ 3,500 $ 3,500 $ 3,500 201 LEGAL SERVICES $ 100,000 $ 100,000 $ 90,000 $ 100,000 204 OTHER PROFESSIONAL FEES $ 15,000 $ 15,000 $ 15,000 $ 15,000 Fire Inspections $ 500 $ 500 $ 500 $ 500 City HR/Payroll/Beneits ILA $ 14,500 $ 14,500 $ 14,500 $ 14,500 Notes: Reduction due to anticipated reduction in financial tax and bond compliance costs. 19 General Fund $ 91,000 $ 91,000 $ 93,000 $ 97,500 710 N. Federal Highway BUILDINGS - 87,000 $ 87,000 $ 87,000 $ 91,000 Storage Facilities $ 25,000 01-51620 FY 2015-2016 4,000 FY, 2016-2017 6,000 $ 6,500 208 EQUIPMENT LE Original Amended Year End Proposed Change Incr/(Decr) Postage Meter % SUMMARY Budget Budget I Estimate BudgetDunt 200 CONTRACTURAL SERVICES $ 3,500 $ 3,500 $ 3,045 $ 3,045 $ (455) -13% 201 PROPERTY TAXES & ASSOC. DUES $ 75,000 $ 75,000 $ 75,000 $ 75,000 $ - 0% 205 OFFICE RENTAL $ 91,000 91,000 93,000 $ 97,500 6,500 7% 208 EQUIPMENT LEASES 19,500 $ 19,500 19,500 $ 20,000 $ 500 3% 209 PROPERTY MAINTENANCE COSTS $235,000 $235,000 $235,000 $ 265,000 $ 30,000 13% 224 SIGNAGE $ ,000 20,000 15,000 $ 15,000 $ (5,000) -25% 325 ELECTRIC COSTS $ 15,000 $ 15,000 15,000 $ 15,000 - 0% 3 15,000 15,00015,000, - 0% Total $474.000 $474.000 $470.545 $ 5,545 31,545 7% CONTRACTUAL Rr; Control 3,500 $ 3,500 $ 3,045 $ 3,045 201 DUES $ 75,000 iri 000 rig 205 OFFICE RET $ 91,000 $ 91,000 $ 93,000 $ 97,500 710 N. Federal Highway $ 87,000 $ 87,000 $ 87,000 $ 91,000 Storage Facilities $ 25,000 4,000 $ 4,000 $ 6,000 $ 6,500 208 EQUIPMENT LE 19,500 $ 19,500 19,500 $ 20,000 Postage Meter - $ - $ - $ 500 Copiers $ 9,500 $ 9,500 $ 9,500 $ 9,500 Vehicle Lease/Maintenance/Fuel $ 10,000 $ 10,000 $ 10,000 $ 10,000 fig -�_ - • iii rite rir iii General Repairs $ 25,000 $ 25,000 $ 25,000 $ 25,000 Janitorial Services $ 15,000 $ 15,000 $ 15,000 $ 15,000 Property ai e n $170,000 $170,000 $170,000 $ 200,000 Hurricane! roperty Contingency $ 25,000 $ 25,000 $ 25,000 $ 25,000 224 SIGNAGE0, 15,000 15,000 325 ELECTRICITY T 15,00015,000 15,000 $ 15,00 326 WATER COSTS $ 15,00015,000 $ 15,000 , Notes: Increase in CRA office rental per lease escalations. Property maintenance increase due to ILA's with City for maintenance of 4th Street Parking Lot (expires 9/30/2018) and Welcome Sign at N. Federal (expires 9/30/2017). 20 General Fund MARINA - 01-51630 FY 2015-2016 ilates: Decrease due to potential disruption in Marina operations from Open Space construction. Contractual increase in marina mana-ement contract increases in !zrop. charges due to usage experience. 91 01 a CONTRACTUAL sE=Rv1rE=s - Sea 200 Spill Contract $ 600 $ 600 $ 500 $ 500 209 PROPERTY MAINTENANCE COSTS $ 23,885 $ 23,885 $ 30,000 $ 30,000 241 MARINA MANAGEMENT CONTRACT $ 171,435 $ 171,435 $ 171,435 $ 176,435 OPERATIONS - Merchant 242 Fees/Phone & Data Line $ 28,360 $ 28,360 $ 29,000 $ 29,500 310 OFFICE SUPPLIES $ 1,000 $ 1,000 $ 1,000 $ 11000 325 ELECTRICITY COSTS $ 9,120 $ 9,120 $ 8,100 $ 8,100 326 WATER COSTS $ 3,600 $ 3,600 $ 5,400 $ 5,400 327 GASOLINE & DIESEL CHARGES $ 850,000 $ 850,000 $ 737,065 $ 737,065 328 DIESEL SALES TAX $ 12,000 $ 12,000 $ 12,000 $ 12,000 ilates: Decrease due to potential disruption in Marina operations from Open Space construction. Contractual increase in marina mana-ement contract increases in !zrop. charges due to usage experience. 91 i1 0 4 1 ff 0 a v ffifflaw 200 CO11T;:1,k0kXLLRL SERTICES 3,000 SUPPORT210 CITY IT 26,000 COMPUTER211 • $26,000 SOFTWARE212 FINANCIAL & MARINA 1 TELEPHONE • I U EQUI PM ENT COSTS ld�1fE 3,000 0% 3,000 $ 3,000 26,000 $ 26,000 $26,000 3,500 $ (560) 3,500 $ 3,500 9,500 $ 9,500 $11,000 8,560 $ 8! $ 8,000 9,000 $ 9,000 $ 9,000 ., 200 CONTRACTUAL3,000 li 3,0003,000 3,000 Financial Accounting Software Updates 1 1 E 1,000 11,000 11000 Maintenance of Phone System $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ - 0% $ 1,000 4% - 0% $ 4,500 47% $ (560) -7% $ - 0% $ 4,9 8% li ITSIPPORT 26,000 $26,000 $26,000 IIV COMPUTER211 '.. • III $ 3,500 $ 3,500 $ 3,500 SOFTWARE212 FINANCIAL & MARINA 1 4 11 $11,000 $ 14,000 li TELEPHONE SYSTEM & DATA I'+ $ 8,560 $ 8,000 $ 8,000 • I k- EQUIPMENT COSTS', 91000 91000 91000 91000 111 Notes: Increase due to ILA with City for IT support, addition of software maintenance for Marina Point of Sale system. 22 nGENERAL FUND CONTINGENCIES$100,000 $100,000 Notes: Budgeted at 1 % of tax increment revenue. ;IS IF Ifill"i I Boynton ect T : i d a - Tu :.11" REALLOCATED to Property Purchases In SOURCES FY 16-17 (a) Marina !.-; ., . ': it i' i 200 ,000 1001. 211 Renovation 11 1'11 200,000 100il" Lot Construction - NE 4th - REALLOCATEDParking ., FY 0.-17 (a) $ $ $ $ 117,821 1.001 SquareTown -; UpdatesFUNDING Plan r•a i CRA Consolidated Plan in FYI 6-17) $ k. + Boyntonlor » Design $ $ $ a 11 .i i Ii! 11 _. f 1 I' ,: !! 411 100 ,000 1# '; Legal .Project •. 1 !i ! , _ I ili II' .. :.11" REALLOCATED to Property Purchases In FY 16-17 (a) Marina !.-; ., . ': it i' i 200 ,000 1001. 211 Renovation 11 1'11 200,000 100il" Lot Construction - NE 4th - REALLOCATEDParking ., FY 0.-17 (a) $ $ $ $ 117,821 1.001 SquareTown -; i k. + !!1 Ii! 11"" 07... ♦ , 1 N RAW ., h 24 yy Boynton Beach Prject Fund - Budget Summary - Expenses I X f+UE.15'z,Z rt PCI11=: V U2 Contingency $ 100,000 $ 100,000 $ - $ ;100,000 $ -12% 0% Professional Services $ 767,210 $ 767,210 $ 291,800 $ 1,100,410 $ 333,200 43% Rent Expense $ - $ 11,000 $ 11,000 $ 13,200 $ 2,200 100% Legal Services 150,000 $ 150,000 $ 100,000 $ ,150,000 $ - 0% Sub -Total $ 1,017,210 $ 1,028,210 2,800 $ 1,363,610 $ 250,000 335,400 33% Capital Outlay 275,000 100% Community Support Projects $ 100,000 $ 100,000 $ 75,000 $ 75,000 $ Property Purchases $ 927,107 837,285 $ 837,285 $ 1,136,607 $ 299,322 36% Improvements $ $ 78,822 $ 60,036 $ 100,000 $ 21,178 27% Construction in Progress $2,025,865 $ 2,025,865 $ 1,708,044 $ 1,173,897 $ (851,968) -42% Site Work & Demolition Fees $ 100,000 $ 162,310 $ 162,310 $ 550,000 $ 387,690 239% Infrastructure & Streetscape $ 750,000 $ 750,000 564,550 $ 1,635,450 $ 885,4550 118% Sub -Total $3,802,972 $3,854,282 $3,332,225 $ 4",595,954 _ $ 741,672 19% Economic Development Grant Programs $ 650,000 $ 650,000 $ 378,000 $ 572,000, $ (78,000) -12% Marketing Program $ 142,000 $ 142,000 $ 142,000 $ 228,590 $ 86,590 61% DIFA - Economic Development $ 1,240,000 $1,240,000 $ 1,164,435 $ 1,300,000 $ 60,000 5% Sub -Total $ 2,032,000 $2,032,000 $1,684,435 $2.100,590 $ 68,590 3% Projects & Programs Clean & Safe Program (Clean, Police, Code) $ 250,000 $ 250,000 $ 250,000 $ 525,000 $ 275,000 100% Community Support Projects $ 100,000 $ 100,000 $ 75,000 $ 75,000 $ (25,000) -25% Special Events $ 410,000 $ 410,000 $ 402,076 $ 413,000 $ 3,000 1% Sub -Total $ 760,000 $ 760,000 727,076 $ 1,013,000 $ 253,000 33% Total Project Fund Expenses $7.612,182 $7,674,492 $6,146,536 $9,073,1541,398,662 18% w [ �b -PIETAIL 202 CONTINGENCY $ 100,000 $ 100,000 $ $ 100,000 PROFESSIONAL & OTHER 50,000 203 PROFESSIONAL SERVICES $ 767,210 $ 767,210 $ 291,800 EXPE N SES - 02-58100 1,100,410' 75,000 Surveys & Appraisals Architectural 1'... ,' $ 100,000 0,000 $ $ 100,000 150,000 $ 50,000 $ 150,000 $ $ 7-7 f 74 TI, I $ - $ �MIIIIIII $ 300,410 $300,000 207 RENT EXPENSE - Police Base on MLK $ - $ 11,000 $ 1100 $ 13,200 $ - $ 13,200 213 LEGAL SERVICES - $ I oil $ 150,000 $100,000 $ 150,000 $ 50,000 $100,000 [ �b -PIETAIL 202 CONTINGENCY $ 100,000 $ 100,000 $ $ 100,000 50,000 203 PROFESSIONAL SERVICES $ 767,210 $ 767,210 $ 291,800 $ 1,100,410' 75,000 Surveys & Appraisals Architectural 1'... ,' $ 100,000 0,000 $ $ 100,000 150,000 $ 50,000 $ 150,000 $ $ 100,000 -T5-01000 $ - City Code ReviewfRevisions for CRA Consolidated Plan (Plan Update in $ 625,410 $ 738,200 Notes: Increase due to 131313 Design and increase in Police MLK rent as contracted. 9 $ 116,800 $ 116,800 $ 66,800 $ 175,000 50,000 $125,000 Cottage District $ 100,000 $ 100,000 $ 25,000 $ 75,000 1 1 1 1 Boynton Beach Blvd. - Design $ 300,410 $ 300,410 $ - $ 600,410 $ 300,410 $300,000 207 RENT EXPENSE - Police Base on MLK $ - $ 11,000 $ 1100 $ 13,200 $ - $ 13,200 213 LEGAL SERVICES - $ 150,000 $ 150,000 $100,000 $ 150,000 $ 50,000 $100,000 $ 625,410 $ 738,200 Notes: Increase due to 131313 Design and increase in Police MLK rent as contracted. 9 Project Fund 200,000 927,107 $ 837,285u V tT2 IMPRIVEMENTS60,036 162,310:. 550,000, CAPITAL OUTLAY - 8. I l I t.1 _- 2016-2016 Il L FY 2010-2017 :9 . Signage South .,c w 116 1 1 Original Amended Year End Proposed Change l r1(D cr) SUMMARY Budgetet I Estimate Budget Amount % 401 PROPERTY PURCHASES927,107 $ 837,285 837,285 1,136,607 $ 299,322 36% 402 IMPROVEMENTS $ - 78,822 60,036 100,000 $ 21,17 27% 404 CONSTRUCTION IN PROGRESS $ 2,025,865 $ 2,025,865 $1,708, $ 1,173,$97 $ (851,96a) -42% 5 SITE WORK & DEMOLITIONFEES $ 100,000 162,310 162,310 $ 550,000 ' $ 387,690 239% 406 INFRASTRUCTURE & STREETSCAPE $ 750,000 750,000 $ 564,550 $ 1,635,450 $ 885,450 118% Total $ 3,802,972 $3,854,282 $3,332,225 $ 4,595,954_ 741,672 20% «,• "All PROPERTY . 200,000 927,107 $ 837,285u tT2 IMPRIVEMENTS60,036 162,310:. 550,000, 17 8. I l I t.1 _- Site Work Demolition Il L 100,000 :9 . Signage South .,c w 116 1 1 100,000 60,036 Marina - Open Space Drive .,: d OceanResurface 211 E. D•, . Downtown Purchase/DesigniConstrur-tion MLK Pocket Park on CRA Land $ 2,025,865 $ 2,025,865 $ 1 200,000 200,000 200,000 L 162,310 $ 162,310:. 550,000, 17 Site Work Demolition Il L 100,000 :9 . 116 1 1 100,000 x11111.._ 11w 405 SIT E WORK: DEMOLITION .. 100,000 162,310 $ 162,310:. 550,000, Site Work Demolition 100,000 100,000 III 116 1 1 100,000 Solid Waste Grants Stabilization of Old High School- $ - $ - $ $ 450,000 Roof/Windows-EPA I. INFRASTRUCTURE & STREETSCAPE $ 750,000 750,000 $ 564,550 $ 1,635,450_ Corridor Redevelopment, CRA PropertyMLK 1,000 ,000 ModelBlock $ 550,000... 550,000 0.I01 1.110 722,057 Notes: Increases due primarily to property purchases and new projects: Dog Park, Amphitheater site improvements MLK Pocket Park, MI -K Corridor Redevelopment on CRA property and Old High School RoofNVindows. (a) Rollover Reallocations from FY 2015-2016 Allocated to: Property , Purchases Entry/Welcome3North FederalSouth g , ♦ .; $ 136,607 9 Amount I % (78,000) -12% $ 86,590 61% $ 60,000 5% 4" ECONOMIC DEVELOPMENT GRANTS $ 650,000 $ 650,000 $ 378 '012 "5 MARKETING PROGRAM $ ��0t 00�� 0��. - 443 Fr 0000 $ 1,240,000 Rollover Amount I % (78,000) -12% $ 86,590 61% $ 60,000 5% 272,000 $1,828,590 Notes: Increase due to higher DIFA payments due to rise in property assessments offset by decrease in Economic Development Grants due to contractual payment to Family Dollar in FY 15-16. KI Funding Source DETAL Rollover FYI6-17 ECONOMICDEVELOPMENT PROGRAMS 444 (Commercial Fagade, Construction, Interior $ 650,000 $ 650,000 $ 378,000 $ 572,000 272,000 300,000 Build -Out, a eimu nt) 5 MARKETING PROGRAM $ 142,000 142,000 $ 142,000 ,5 - 228,590 DIRECT INCENTIVE FUNDING AGREEMENTS (DIF $1,240,000 $1,240,000 $1,164,435 $ 1,300,000 Cornerstone - The Preserve (Year 2of 1) $ 100,000 100,000 ,759 100,000 - 100,000 Seabourne Cove - Phase 1 ear 4 of 10) 375,000 $ 375,000 371,812 $ 415,000 - $ 415,000 Seabourne Cove - Phase 2 r 3 of 10) $ 165,000 $ 165,000 158,058 $ 180,000 $ - $ 180,000 Casa Co (Year 7 of 10) $ 545,000 545,000 $ 538,578 545,000 $ - 545,000 Wal-Mart r 5 of 1) $ 55,000 $ 55,000 49,228 $ 60,000 $ - 60,000 272,000 $1,828,590 Notes: Increase due to higher DIFA payments due to rise in property assessments offset by decrease in Economic Development Grants due to contractual payment to Family Dollar in FY 15-16. KI Project Fund Original Amended Year End Proposed Change Incri(Decr) Budget Budget Estimate 470 COMMUNITY SUPPORT PROJECTS $ 100,000 $ 100,000 $ 75,000 $ 75,000 $ (25,000) -25% UMM�M ��DETAIL--� Funding Source 462 District Clean Program $ 50,000 $ 50,000 $ 50,000 $ 50,0001 $ 50,000 Community, Planning and Economic Business Incubator Support $ 50,000 $ 50,000 $ 50,000 $ 50,000 480 SPECIAL EVENTS (a) $ 410,000 $ 410,000 $402,076 $ 413,000 Haunted Pirate Fast & Mermaid Splash $ 174,584 $ 174,584 $195,000 $ 175,000 Holiday Tree Lighting & Concert $ 73,500 $ 73,500 $ 73,500 $ 65,000 Holiday Parade (City Run - CRA reimburses Kinetic Arts Event (City also funding Special Events Grant Program $ 20,000 $ 20,000 $ 20,000 $ 20,000 mmzzz��l Notes: Events inFY1E-17exclude marketing expenses. Events marketing moved boMarketing Program budget. Kinetic Arts Event added for $20,000 in FY16-17, and MLK Celebration of Unity increased to $40,000 (from $20,010). Community/Development meetings reduced based on current year projections. Neighborhood Police Pro rarn - Com jLonents- TwmOfficers, Benefits, Equipment $ 200,000 Additional Officer, Benefits, Equipment $ 100.000 License Plate Reader, software, installation, signage $ 48.000 Miscellaneous supplies and project expenses Total for FYI $'1y $ 350,000 Ko �I� 3� ► �, Boynton DebtService Fund Budget Original • - �r' D:•; r • Source Budget Fes. .• � - # !•ll Transfers In from 1.= 1 +$2,142,518 518 i '..i 1 30 ':li �� # Ili • lfl Ill r 414 Ili •ill i - i' !!! i' !!# � a' ♦iia rl # •ill #4 4l4 #1 Ilii #4 141 r1 lil i 1' •:11 1 .'� «, 44l b 4l1 r 14i4 114 �; 1 1' 30 il Total 16,147,544 $ 5,588,470 $ 21,736,014 Interest Rates 2.56% 1' 31 c FY 2016-2017 ', ' • 1 FY 2017-2018 1 ..1,625,93-5Ir 1,• 2,139,956 FY 2019-2020 ■• 1$ 511,6551.1 FY 2020-2021 FY2021-2n221 '$ 1,623,202 •� ' 1�1 • 1 I _ 1 $ • 2,139,529 FY 2022-2023 '• 1 1 , 1 ',$ 2,135,830 FY 2124-2025 '$ 1,564,236 2,316,426 FY 2025-2026 ' •••:' '; V$ 2,318,093 Total 16,147,544 $ 5,588,470 $ 21,736,014 Interest Rates 2.56% 1' 31 c