Skip to main content

April 2019 Board Meeting

Page 1

REGULAR BOARD MEETING Downtown Development Authority Tuesday, April 16, 2019 8:30 AM 300 Clematis Street Suite 200 West Palm Beach, FL 33401

CALL TO ORDER

Robert Sanders

PUBLIC COMMENTS AND QUESTIONS PRESENTATIONS •

Lord’s Place Outreach Team introduction

O’Donnell Agency

Comcast Spotlight

CONSENT CALENDAR (Action Required) •

Minutes of Board Meeting of March 19, 2019

Financial Statements of March 31, 2019

Robert Sanders

OLD BUSINESS NEW BUSINESS •

Resolution 2-2019 Carryforward Budget and Amendments

Marketing/PR Update

Raphael Clemente Tiffany Faublas

ANNOUNCEMENTS

ADJOURNMENT Ph: 561.833.8873 Fax: 561.833.5870 www.downtownwpb.com


UPCOMING EVENTS • IEDC Webinar: The Cannabis Economy Thursday April 18th 2:30pm - 4pm DDA Office – The Collective • SunFest May 2nd - 5th • West Palm Beach Development & Investment Forum Friday May 10th 8am- 11am Hilton West Palm Beach • Foreverglades Fundraiser Thursday May 16th 6pm – 8pm DDA Office • Pairings Food & Wine Event Thursday May 30th 5:30pm – 9pm

300 Clematis Street, Suite 200 West Palm Beach, FL 33401 Phone: 561.833.8873 Fax: 561.833.5870 www.DowntownWPB.com


300 Clematis Street, Suite 200 West Palm Beach, FL 33401 MINUTES Regular Board Meeting Downtown Development Authority March 19, 2019 ATTENDANCE Board Members in attendance included, Chairman Robert Sanders, Esq., Vice Chairman Richard Reikenis, Joseph Chase, Lisa Gerard, and Upendo Shabazz. DDA staff in attendance included Raphael Clemente, Teneka James, Tiffany Faublas, Catherine Ast, Samantha Murrell, Shelly Williams and Max Lohman Esq. (Lohman Law Group). Guests in attendance included Allison Justice, and William Roger Cummings. CALL TO ORDER Chairman Sanders called the meeting to order at 8:30 a.m. PUBLIC COMMENTS No public comments. PRESENTATIONS A&E District Update James presented the background of the Arts and Entertainment District and what the goals of the organization are moving forward. She explained that the board had a Visioning workshop in January to help identify next steps and projects. CONSENT CALENDAR Minutes of Regular Board Meeting of February 19, 2019 Board Action: Shabazz made a motion to approve the Minutes of February 19, 2019. Reikenis seconded the motion. The motion passed unanimously. Financial Statements of February 28, 2019. Board Action: Reikenis made a motion to approve the Financial Statements of February 28, 2019. Shabazz seconded the motion. The motion passed unanimously. OLD BUSINESS The Lord’s Place Agreement Ast explained that in addition to renewing the Clean Team agreement Staff has worked with The Lord’s Place to create an Outreach Team. The Outreach team will work Daily in the Downtown District reaching out to homeless and assist with providing services they need to get off the street. As part of the agreement staff will receive monthly and quarterly reports to track the progress of the Outreach Team. Ast also provided details of the Clean Team program results for the last year. Gerard asked for contact information to assist Clean Team members transitioning into permanent jobs.

300 S. Clematis Street, Suite 200, West Palm Beach, Florida 33401


Page Two Regular Board Meeting March 19, 2019 Shabazz asked if this program is unique to downtown districts or a best practice. Ast explained that the programs we mirrored are all from downtown districts and partner with non-profit organizations such as Miami, Washington D.C., and New York City. Board Action: Shabazz made a motion to approve The Lord’s Place Agreement. Reikenis seconded the motion. The motion passed unanimously. DDA Boundary Amendment Bill Update Clemente explained that the Boundary Amendment Bill has moved through the initial steps and has been filed in the House of Representatives with Representative David Silvers as the Bill Sponsor. If the Bill is ratified it will become effective as of July 1st of this year with the additional properties to be included as part of the DDA boundary being assessed as such effective for the 2020 Calendar year. NEW BUSINESS Brightline Property Use Agreement Clemente explained that staff approached Brightline with a request to utilize their property located at 500 Clematis St. for certain activations and programming that will help create a more inviting public realm. The project intended for this location is a demonstration garden in collaboration with a master gardener and a small storage container for equipment and other necessary items. The proposed agreement is for one year with successive one-year renewals. Board Action: Chase made a motion to approve Brightline Property Use Agreement. Reikenis seconded the motion. The motion passed unanimously. Branding RFP James explained that staff has released an RFP for Branding Services. She also explained that in the 12 years she has been with the DDA this is the first time going through a Branding process. This RFP request is for the three different brands: Downtown WPB, DDA, and A&E. April 9, 2019 is the closing date and the top proposers will present at the May board meeting. A synopsis of the scope of work and ranking scale are included in the board packet. ANNOUNCEMENTS James invited the Board to attend the Palm Beach International Boat Show March 28 – 31. Justice informed the board that the next phase of the Streetscape project will begin after SunFest on the 100 & 200 block of Clematis St. Reikenis asked for an update on the Alleyways and 12x12 project. Justice explained that the alleyway quotes are more expensive then anticipated so the scope is changing a bit and starting with undergrounding work. The 12x12 project will be going back to the commission once the new Mayor takes office. There are a few options they are exploring including purchasing the building. ADJOURNMENT There being no further business to discuss, Sanders called for a motion to adjourn. Board Action: Shabazz made a motion to adjourn the meeting at 9:20 a.m. Reikenis seconded the motion. The motion passed unanimously.

300 S. Clematis Street, Suite 200, West Palm Beach, Florida 33401


FUND BALANCE

No CPA provides any assurance on these financial statements.

4,862,687

Total Liabilities and Fund Balance

(2,594)

(642) (2,218) 266 0 0

4,862,687

23,000

4,839,687

4,865,281

2,361,291 2,503,990

23,000

4,633,371 206,266 50 0

Total Fund Balance

Net Income

Fund Balance

Due to Lincoln National Flexible Spending Withholding Suppl Med Ins. Premium Payable Vision Premium Payable Payroll Liabilities

Total Assets

Total Other Assets

Other Assets Lease Security Deposit

Total Current Assets

Accounts Receivable - Shuttle P

Petty Cash

PNC Bank Operating First Bank - Money Marke

Current Assets

CURRENT LIABILITIES

ASSETS

West Palm Beach Downtown Development Authority Balance Sheet March 31, 2019


2,503,990

83,110 871,362 954,472

(302,939)

27,685 137,659 165,344 (137,595)

Current Year Surplus (Deficit)

DDA Carryforward

Total Carry Forwards

Net Total Surplus (Deficit)

0

428,050 1,646,564 2,074,614

(2,074,614)

747,538 3,029,465 729,783 61,000 175,587 56,198 233,868 810,500 52,353 130,000 15,000 105,000 35,147 408,184 6,589,623

4,515,009

Budget

Gross Annual

0

19.4% 52.9% 46.0%

0.0%

23.0% 26.2% 34.1% 6.7% 19.7% 0.0% 13.2% 49.2% 52.9% 55.9% 65.5% 17.1% 22.8% 0.0% 28.0%

96.3%

%

Budget

1,901,548

27,893 375,812 403,705

1,497,843

1,160,513

171,977 361,391 0 4,110 34,584 22,952 30,797 398,551 27,697 72,637 9,823 17,977 8,017

2,658,356

Y-T-D

Work Plan

No CPA provides any assurance on these financial statements.

3,458,462

171,799 794,005 249,217 4,110 34,584 22,952 30,797 398,551 27,697 72,637 9,823 17,977 8,017 0 1,842,166

49,324 149,479 39,339 0 2,436 1,517 2,199 69,216 0 10,730 2,752 6,379 3,251 0 336,622

CRA Carryforward

4,346,156

33,683

Year-to-Date

Current Year Revenues - Schedule 1 Expenditures Business Development - Schedule 2 Physical Environment - Schedule 3 Marketing/Public Relations- Schedule 4 Residential Quality of Life - Schedule 5 General Office - Schedule 6 Operations - Schedule 7 Professional Services - Schedule 8 Total Personnel Expense Insurance Expense Rent Expense Tax Collection Marketing Programs Travel and Training Reserves Total Expenditures

Month

Balance Sheet March 31, 2019

West Palm Beach Downtown Development Authority

404,300

0 276,308 276,308

127,992

276,308

276,308

404,300

Y-T-D

Services

Trolley

413,614

55,217 63,114 118,331

295,283

249,217

249,217

544,500

Y-T-D

Marketing

609,000

0 156,306 156,306

452,694

156,306

156,306

609,000

Y-T-D

Security

130,000

0 (178) (178)

130,178

(178)

(178)

130,000

Y-T-D

Incentives


33,683

Total Current Year Revenues

4,346,156

1,886,629 (1,806,897) 3,795,780 413,938 1,134 87 0 1,307 28,178 26,000 0 0

Year-to-Date

Work Plan

4,515,009

1,988,883 (1,806,897) 3,795,780 413,938 100 0 0 0 0 0 0 123,205 96.3%

94.9% 100.0% 100.0% 100.0% 1134.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 2,658,356

1,886,629 (1,806,897) 2,290,980 230,938 1,134 87 0 1,307 28,178 26,000 0 0

Y-T-D

404,300

404,300

Y-T-D

Services

%

Annual Budget

Trolley

Gross Budget

-

No CPA provides any assurance on these financial statements.

33,466 0 0 0 217 0 0 0 0 0 0 0

Month

Current Year Revenues Tax Revenues TIF DDA/CRA Interlocal CRA Project Funding Interest Income Brightline Ticket Sales Revenue Sponsorships Fees and Services Grants and Contributions Total Reimbursements Other Miscellaneous Income CityPlace Shuttle

SCHEDULE 1 - CURRENT YEAR REVENUES

March 31, 2019

West Palm Beach Downtown Development Authority Supplemental Schedules

544,500

446,500 98,000

Y-T-D

Marketing

609,000

524,000 85,000

Y-T-D

Security

130,000

130,000

Y-T-D

Incentives


171,799

162,856 6,000 87,641 0 520 156,306 80,027 275,533 775 24,347 794,005

49,324

Total Business Development

SCHEDULE 3 - PHYSICAL ENVIRONMENT Pressure Washing/Street Clean 43,064 Graffitti Maintenance 1,000 Landscape Maintenance 16,283 Studies and Surveys 0 Public Space Programs 400 Security and Policing 38,972 Holiday Lights 0 Trolley 49,060 Trolley Signs & Ped Wayfinder 700 Capital Projects/Alleys 0

Total Physical Environment

3,029,465

568,115 26,711 261,078 20,631 70,000 820,260 140,000 705,000 218,697 198,973

747,538

250,878 134,538 4,918 90,641 141,369 25,329 75,000 24,865

Budget

26.2%

28.7% 22.5% 33.6% 0.0% 0.7% 19.1% 57.2% 39.1% 0.4% 12.2%

23.0%

-0.1% 25.8% 0.0% 27.1% 57.6% 44.6% 25.7% 2.9%

%

361,391

24,347

80,027

162,856 6,000 87,641 0 520

171,977

34,685 0 24,537 81,468 11,289 19,282 716

Y-T-D

0

276,308

275,533 775

Y-T-D

Trolley Work Plan

Services

Budget

Gross Annual

No CPA provides any assurance on these financial statements.

149,479

(178) 34,685 0 24,537 81,468 11,289 19,282 716

Year-to-Date

SCHEDULE 2 - BUSINESS DEVELOPMENT Property and Buss Incentives 0 Facade Improvements 0 Leasing/Brokers Meeting 0 Business Training and Support 9,299 Value Added Events 33,675 Retail Promotion 0 Business Partnerships 6,350 Grand Open/New Business 0

Month

Supplemental Schedules March 31, 2019

West Palm Beach Downtown Development Authority

Y-T-D

0

0

Marketing

0

156,306

156,306

Y-T-D

Security

0

(178)

(178)

Y-T-D

Incentives


39,339

Total Marketing/PR

61,000

6.7%

5.6% 0.0% 13.5%

34.1%

0.0% 22.9% 37.7% 45.0% 33.5%

%

0

4,110

56 0 4,054

Y-T-D

No CPA provides any assurance on these financial statements.

4,110

Total Res. Services/Quality of Life 0

1,000 30,000 30,000

Meetings

SCHEDULE 5 - RESIDENTIAL SERVICES/QUALITY OF LIFE 0 56 Community Engagement 0 0 Residential Events/DNA Sponsor 0 4,054

62,953 21,500 151,630 190,000 303,700

Budget

729,783

0 4,925 57,112 85,479 101,701

Year-to-Date

Y-T-D

Trolley Work Plan

Services

Budget

Gross Annual

249,217

Advertising and Promotion

PR/Marketing

Marketing Postage

Survey

Community & Cultural Promotion

Month

0 0 6,350 14,661 18,328

SCHEDULE 4 - MARKETING/PR

Supplemental Schedules March 31, 2019

West Palm Beach Downtown Development Authority

0

0

0

249,217

0 4,925 57,112 85,479 101,701

Y-T-D

Marketing

Y-T-D

Security

0

0

Y-T-D

Incentives

0

0


Total Operations

Telephone Expense

Publications

SCHEDULE 7 - OPERATIONS Automobile Expense Dues Hospitality Board Meeting

Total General Office

Office Supplies

Equipment, Computers, Programs

General Postage

SCHEDULE 6 - GENERAL OFFICE General Office Expense

22,952

3,000 12,754 1,496 477 0 5,225

34,584

3,695 200 28,601 2,088

Year-to-Date

56,198

6,000 16,791 10,000 3,000 407 20,000

175,587

68,000 1,087 106,500 0

Budget

40.8%

50.0% 76.0% 15.0% 15.9% 0.0% 26.1%

19.7%

5.4% 18.4% 26.9% 0.0%

%

22,952

3,000 12,754 1,496 477 0 5,225

34,584

3,695 200 28,601 2,088

Y-T-D

Y-T-D

Trolley Work Plan

Services

Budget

Gross Annual

No CPA provides any assurance on these financial statements.

1,517

500 60 58 204 0 695

2,436

144 34 2,082 176

Month

Supplemental Schedules March 31, 2019

West Palm Beach Downtown Development Authority

0

0

Y-T-D

0

0

Marketing

Y-T-D

Security

0

0

Y-T-D

Incentives

0

0


Some rounding error may occur.

30,797

Total Professional Services

233,868

24,000 140,000 36,550 33,318

Budget

13.2%

41.7% 5.0% 24.0% 15.0%

%

30,797

10,000 7,057 8,755 4,985

Y-T-D

Y-T-D

Trolley Work Plan

Services

Budget

Gross Annual

No CPA provides any assurance on these financial statements.

2,199

10,000 7,057 8,755 4,985

Year-to-Date

SCHEDULE 8 - PROFESSIONAL SERVICES Accounting 2,000 Professional Service 199 Audit 0 Legal 0

Month

Supplemental Schedules March 31, 2019

West Palm Beach Downtown Development Authority

0

Y-T-D

0

Marketing

Y-T-D

Security

0

Y-T-D

Incentives

0


MEMO To:

DDA Board Bob Sanders, Chairman Rick Reikenis, Vice Chairman Mary Hurley Lane Upendo Shabazz Cynthia Nalley Lisa Gerard Joe Chase

From: Raphael Clemente, Executive Director RE:

Resolution 2-2019 Carryforward Budget and Amendments

Date: Tuesday, April 16, 2019

As we wrap up the annual audit process, remaining funding from Fiscal Year 2017/2018 will be brought forward by Resolution No. -2019 as attached. This resolution will also reallocate funding to meet operational needs for the remainder of the year as described below. The estimated carryforward balances to be brought forward changed slightly from the estimates last year at the budget adoption. budgeted in FY 19

Actual

Increase Decrease

CRA DDA

1,646,564.00 428,050.00

1,583,170.92 572,988.54

(63,393.08) 144,938.54

Total Fund Balance

2,074,614.00

2,156,159.46

81,545.46

The overall CRA budgeted carryforward is reduced by $63,393 by reducing the estimated amount budgeted in reserves by $13,441 and reducing the Transportation budget by the remaining balance of $49,952 thereby balancing the carryforward amount. The overall DDA budgeted carryforward is increased by 144,938 which will be allocated to the following line items to cover forecasted shortages in the following line items.

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Ph: 561.833.8873 Fax: 561.833.5870 * DowntownWPB.com


AMOUNT OF INCREASE

EXPENDITURES

JUSTIFICATION

Rent

$29,000

Increase in CAM due to garbage increase from the City

Personnel

$19,000

Salary increases to bring staff to market rate

Office Supplies

$4,000

Previously unbudgeted; estimated carryforward

Board Meetings/Retreat

$1,000

Additional funding to place advertisements for anticipated RFPs and RFQs

$85,000

Contracted rate for approved Lord’s Place Outreach program

Residential Services/DNA Sponsor Reserves

$6,939 Balance brought forward to reserves Total:

$144,939

Attached you will find the budget transfer amendment to fund these increases as well as the final amended budget that includes the carryforward funding and amendments.

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Ph: 561.833.8873 Fax: 561.833.5870 * DowntownWPB.com


RESOLUTION NO. 2-2019 A RESOLUTION OF THE WEST PALM BEACH DOWNTOWN DEVELOPMENT AUTHORITY AMENDING THE ADOPTED 2018/2019 FISCAL YEAR BUDGET; PROVIDING AN EFFECTIVE DATE AND FOR OTHER PURPOSES. WHEREAS, the West Palm Beach Downtown Development Authority adopted its Final 2018/2018 Fiscal Year Budget on September24, 2018 by Resolution No. 12-2018; and WHEREAS, the Downtown Development Authority desires to amend its adopted budget to adjust the final carry forward amount from the 2017/2018 Fiscal Year DDA Budget and to allocate those funds for specific purposes as outlined in Exhibit A Amended Budget; and WHEREAS, the Downtown Development Authority desires to further amend its adopted budget to reallocate $144,939 of DDA carryforward funding to increase funding to line item 7200 by $29,000; line item 7000 by $19,000, line item 6050 by $4,000, line item 6440 by 1,000, line 6372 by 85,000 and line 7900 by $6,939 to meet forecasted financial obligations in Fiscal Year 2018/2019. NOW, THEREFORE, BE IT RESOLVED BY THE WEST PALM BEACH DOWNTOWN DEVELOPMENT AUTHORITY THAT: Section 1: The recitals set forth above are true and correct and are incorporated herein and are a part hereof by this reference. Section 2: This Resolution amending the adopted 2018/2019 Fiscal Year Budget shall be attached to and made a part of said budget. Section 3:

This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 16th day of April 2019. DOWNTOWN DEVELOPMENT AUTHORITY

________________________________________ Robert Sanders, Esq., CHAIRMAN ATTEST: ___________________________ CERTIFICATE I the undersigned, Executive Director of the West Palm Beach Downtown Development Authority, do hereby certify that the foregoing is a true and correct copy of the Resolution adopted by said Authority on the 16th day of April 2019. ___________________________________ RAPHAEL CLEMENTE EXECUTIVE DIRECTOR


Net increase/decrease

EXPENDITURES Rent Personnel Office Supplies Board Meetings/Retreat Residential Services/DNA Sponsor Reserves

Net increase/decrease

REVENUES Carryforward

WEST PALM BEACH DDA BUDGET TRANSFER/AMENDEMENT FY 19 Budget Amendment #1 DDA

DDA DDA DDA DDA DDA DDA

DDA

CLASS

7200 7000 6050 6440 6372 7900

4210

ACCT NO.

494,200

3,000 30,000 285,700

65,000 110,500

428,050

428,050

DDA BUDGET BEFORE TRANSFER

144,939 0

29,000 19,000 4,000 1,000 85,000 6,939

144,939

144,939

TRANSFER AMENDMENT

639,139

94,000 129,500 4,000 4,000 115,000 292,639

572,989

572,989 0

DDA BUDGET AFTER TRANSFER

29,000 19,000 4,000 1,000 85,000 6,939 0 0 144,939

144,939

144,939

DDA

CRA

0 0 0 0 0 0 0 0 0

0

0


Net increase/decrease

EXPENDITURES Reserves Transportation

Net increase/decrease

REVENUES Carryforward

WEST PALM BEACH DDA BUDGET TRANSFER/AMENDEMENT FY 19 Budget Amendment #1 CRA

CRA CRA

CRA

CLASS

7900 7500

4230

ACCT NO.

827,484

122,484 705,000

1,646,564

1,646,564

CRA BUDGET BEFORE TRANSFER

(63,393) 0

(13,441) (49,952)

(63,393)

(63,393)

TRANSFER AMENDMENT

764,091

109,043 655,048 0 0 0 0

1,583,171

1,583,171

CRA BUDGET AFTER TRANSFER DDA

0 0 0 0 0 0 0 0 0

0

0

(13,441) (49,952) 0 0 0 0 0 0 (63,393)

(63,393)

(63,393)

CRA


$

0

Sponsorships

Carryforwards

4072

Faรงade Improvement Programs

Leasing/Brokers Meetings

Business Training and Support

Value Added Events

Retail Promotions

Grand Openings/New Business Training

Business Partnerships

6240

6195

6230

6235

6190

6140

6330 Totals

Property & Business Incentives

6320

Business Development

Total Revenue

0

Fees/Services

4071

2018-2019 DDA

0 0

0

0

0

0

0

0

0

305,291

0

0

123,205

CityPlace Shuttle

Grants

100

4060

Interest - First Bank

4050

0

0

0

0

0

0

0

(1,806,897)

4070

Reimbursements - Business Devlopment

Reimbursements - Marketing & PR

4047

4048

Marketing/Sponsors/Dues

Reimbursements - Physical Environment

4040

CRA Project Funding

4035

4046

DDA/CRA Interlocal Agreement

DDA/City Interlocal Agreement

4030

TIF

4020

4032

Tax Revenues

4010

2018-2019 DDA $ 1,988,883

$

$

0

0

75,000 447,000

6,000

22,000

110,000

30,000

4,000

70,000

130000

2018-2019 CRA

3,795,780

0

0

0

0

0

0

0

0

0

0

0

0

3,795,780

2018-2019 CRA

$

0

0

0

0

CRA/City Project Fund

0 0

0

0

0

0

0

0

0

413,938

0

0

0

0

0

0

0

0

0

0

413,938

CRA/City Project Fund

West Palm Beach Downtown Development Authority FY 2018/2019 Amended Carryforward Budget April 16, 2019 Exhibit A

$

$

0

0

0

0

0

0

0

0

0

0

0

0

0

0

243,023

18,865

3,329

21,892

12,602

918

64,538

120,878

CRA Carry Forward

1,583,171

1,583,171

CRA Carry Forward

$

$

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0 57,516

0

0

9,477

48,039

DDA Carry Forward

572,989

572,989

DDA Carry Forward

$

$

$

75,000 747,539

24,865

25,329

141,369

90,641

4,918

134,538

250,878

Grand Total

6,671,169

2,156,160

0

0

0

123,205

100

0

0

0

0

413,938

0

3,795,780

(1,806,897)

Grand Total 1,988,883


General Office General Office Equipment, Computers & Programs General Postage Office Supplies Totals

6370 6375 6372

6010 6040 6030 6050

Marketing /Public Relations Survey Marketing Postage PR/Marketing Advertising Community and Cultural Promotions

Residential Quality of Life Meetings Community Engagement Residential Services/ DNA Sponsor Totals

6170 6121 6122 6120 6210

6236 6280 6270 6241 7605 7600 6220 7500 6245 6290

Totals

Physical Environment Pressure Washing/Street Cleaning & Mainten Graffitti Removal Landscape Maintenance Studies and Surveys Public Space Programs Security and Policing Holiday Lights/Promotions Transportation Signage and Pedestrial Wayfinding Capital Projects Totals

$

2017-2018 DDA 0 0 0 0

$

$

$

2017-2018 DDA $ 1,000 0 30,000 $ 31,000

$

$

$

$

0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0

2017-2018 DDA

2017-2018 DDA

2017-2018 CRA 50,000 98,000 937 0 148,937

0 30,000 0 30,000

2017-2018 CRA

2017-2018 CRA 13,000 8,500 135,000 190,000 100,000 446,500

2017-2018 CRA 316,000 25,000 140,000 0 60,000 524,000 100,000 404,300 0 0 1,569,300

$

$

CRA/City Project Fund 0 0 0 0

0 0 0 $0

CRA/City Project Fund

0 13,000 0 0 85,000 98,000

CRA/City Project Fund

CRA/City Project Fund $ 84,438 0 81,500 0 10,000 85,000 40,000 0 15,000 0 $ 315,938

West Palm Beach Downtown Development Authority FY 2018/2019 Amended Carryforward Budget April 16, 2019 Exhibit A

CRA Carry Forward $ 15,000 8,500 150 0 23,650

CRA Carry Forward 0 0 0 $0

CRA Carry Forward 49,953 0 16,630 0 46,484 $ 113,066

$

250,748 203,697 198,973 1,094,275

CRA Carry Forward 167,677 1,711 39,578 20,631 0 211,261

DDA Carry Forward $ 3,000 $ 0 0 4,000 7,000 $

DDA Carry Forward 0 $ 0 85,000 $85,000 $

DDA Carry Forward 0 $ 0 0 0 72,216 $ 72,216 $

DDA Carry Forward 0 $ 0 0 0 0 0 0 0 0 0 0 $

Grand TOTAL 68,000 106,500 1,087 4,000 179,587

Grand TOTAL 1,000 30,000 115,000 146,000

Grand TOTAL 62,953 21,500 151,630 190,000 303,700 729,782

Grand TOTAL 568,115 26,711 261,078 20,631 70,000 820,261 140,000 655,048 218,697 198,973 2,979,513


6540 6510 6520 6530

Personnel Insurance Rent Tax Collection Marketing Programs, Equipment & Web Travel & Training Reserves Totals Total Expenses

Professional Services Professional Services Accounting Audit Legal Totals

6410 6420 6430 6440 6450 6460

7000 7100 7200 7300 7700 7800 7900

Operations Auto Dues Hospitality Board Meetings/Retreat/Training Publications Telephone Totals

2017-2018 DDA 110,500 0 65,000 15,000 0 0 0 $ 190,500 305,291

$

0 24,000 0 27,000 51,000

2017-2018 DDA

2017-2018 DDA $ 6,000 16,791 7,000 3,000 0 0 $ 32,791

$

$

$

0

0 0 0 0 0

2017-2018 CRA 700,000 15,000 65,000 0 100,000 25,000 109,043 1,014,043 3,795,780

2017-2018 CRA 115,000 0 25,000 0 140,000

2017-2018 CRA

0 0 0 0 0

0 0 0 0 0 0 0

0 0 0 0 0 0 0 413,938

CRA/City Project Fund

CRA/City Project Fund

CRA/City Project Fund

West Palm Beach Downtown Development Authority FY 2018/2019 Amended Carryforward Budget April 16, 2019 Exhibit A

CRA Carry Forward 0 37,353 0 0 5,000 10,147 0 52,500 1,583,171

CRA Carry Forward 25,000 0 11,550 0 36,550

CRA Carry Forward 0 0 0 0 107 20,000 20,107

DDA Carry Forward 19,000 0 29,000 0 0 0 292,639 $ 340,639 $ 572,989

DDA Carry Forward 0 $ 0 0 6,318 6,318 $

DDA Carry Forward 0 $ 0 3,000 1,000 300 0 4,300 $

Grand TOTAL 829,500 52,353 159,000 15,000 105,000 35,147 401,682 1,597,682 6,671,169

Grand TOTAL 140,000 24,000 36,550 33,318 233,868

Grand TOTAL 6,000 16,791 10,000 4,000 407 20,000 57,198


Turn static files into dynamic content formats.

Create a flipbook
April 2019 Board Meeting by WestPalmDDA - Issuu