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June 2019 Board Meeting

Page 1

REGULAR BOARD MEETING Downtown Development Authority Tuesday, June 18, 2019 8:30 AM 300 Clematis Street Suite 200 West Palm Beach, FL 33401 CALL TO ORDER

Robert Sanders

PUBLIC COMMENTS AND QUESTIONS PRESENTATIONS •

Meet Chief Adderley

CONSENT CALENDAR (Action Required) •

Minutes of Board Meeting of May 21, 2019

Financial Statements of May 31, 2019

Robert Sanders

OLD BUSINESS (Action Required) •

Branding RFP 2019-001

Pairings 2019 Report

Teneka James-Feaman Tiffany Faublas

NEW BUSINESS •

Preliminary/Draft Budget; First and Final Public Hearing Dates FY 19/20

Website RFP 2019-002

Teneka James-Feaman

ANNOUNCEMENTS •

Raphael Clemente

Reminder: July 16, 2019 Organizational and Regular Board Meeting

ADJOURNMENT Ph: 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 May 21, 2019 ATTENDANCE Board Members in attendance included, Chairman Robert Sanders, Esq., Lisa Gerard, Mary Hurley Lane, Cynthia Nalley, and Upendo Shabazz. DDA staff in attendance included Raphael Clemente, Teneka James, Tiffany Faublas, Catherine Ast, Samantha Murrell, Sherryl Muriente, Michelle Barascout, Shelly Williams and Max Lohman Esq. (Lohman Law Group). Guests in attendance included Allison Justice, Tonya Speciale, Marcela Sikora, Shane Savage, Luke Liscom, Alex Wasil, Adriana Maz, Charity Lewis, Carey O’Donnell, Luisa Jimenez, Paul Jacober, Daniel Peralta, Nicholas Breeding, Christy Fox, Ashlee Weber, and Andrea Hamilton. CALL TO ORDER Chairman Sanders called the meeting to order at 8:35 a.m. PUBLIC COMMENTS No public comments. PRESENTATIONS Branding RFP 2019-001 Presentations James-Feaman reviewed the scope of services that the Branding RFP called for with the board. The selection committee reviewed eight (8) proposals and ranked the following four (4) as the top proposers: Idea Bar, Pathos, JaCober Creative, and Moore Agency. Each proposer will have 12 minutes to present and 3 minutes of Q&A. Staff is requesting the Board award the contract for a Branding Services company and execute an agreement at this meeting. The Board will evaluate each company after each presentation and based on the scale below. Evaluation Factors Factor Points Description Organizational Overview 1 25 Experience, Strength, and Qualifications of Firm as it relates to this solicitation Local Preference 2 5 Businesses located within the DDA District will be afforded 5 additional points Strategy and Program Development 3 40 Firm’s Technical Response to RFP’s Scope of Services Fee Information 4 30 Fee Proposal Total 100

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Phone: 561.833-8873|Fax: 561.833.5870| www.downtownwpb.com


Page Two DDA Regular Board Meeting May 21, 2019 DDA Board Average Scores: Based on the scores the Board announced Pathos will be awarded the PR/Marketing Contract. Staff will negotiate the terms of the agreement within 14 days as stated in RFP 2018 -001.

Proposer Idea Bar Pathos JaCober Creative Moore Agency

"Board Member 1 Total Score" Bob S 95.00 86.25 65.00

"Board Member 2 Total Score" Rick R 78.75 100.00 88.75

"Board Member 3 Total Score" Mary L 70.00 75.00 47.50

"Board Member 4 Total Score" Upendo S 70.00 82.50 95.00

"Board Member 5 Total Score" Cynthia N 47.50 52.50 95.00

"Board Member 6 Total Score" Lisa G 95.00 70.00 48.75

"Board Member 7 Total Score" Joseph C 95.00 52.50 23.75

TOTAL

72.25 79.25 78.25

70.00

100.00

68.75

82.50

58.75

77.50

60.00

76.00

Board Action: Reikenis made a motion to accept scoring as presented and move forward with contract negotiations. Hurley Lane seconded the motion. The motion passed unanimously. Upon further review of the evaluation sheets it was determined there was an error with the average calculations. The correct averages of each presenter are listed below. Idea Bar had the highest average score. Staff will be bringing back to the board at the June 2019 meeting.

Proposer Idea Bar Pathos JaCober Creative Moore Agency

"Board Member 1 Total Score" Bob S 95.00 86.25 65.00

"Board Member 2 Total Score" Rick R 78.75 100.00 88.75

"Board Member 3 Total Score" Mary L 70.00 75.00 47.50

"Board Member 4 Total Score" Upendo S 70.00 82.50 95.00

"Board Member 5 Total Score" Cynthia N 47.50 52.50 95.00

"Board Member 6 Total Score" Lisa G 95.00 70.00 48.75

"Board Member 7 Total Score" Joseph C 95.00 52.50 23.75

TOTAL

70.00

100.00

68.75

82.50

58.75

77.50

60.00

73.93

78.75 74.11 66.25

DNA Nalley presented an overview of what the Downtown Neigborhood Association, DNA, has been doing the last few months. She shared some of the recent events DNA participated in, including Plogging, a cleaning and jogging event in Downtown. Upcoming activities they are planning include a private tour of the new MedMen Downtown business, a neighborhood safety walk, and partnering with the Visitor Center to clean the waterfront. Nalley invited the board to attend the DNA Quarterly Meeting on June 12th, CRA Director Jon Ward will be presenting projects the CRA plans to complete with the bonds they have secured.

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Phone: 561.833-8873|Fax: 561.833.5870| www.downtownwpb.com


Page Three DDA Regular Board Meeting May 21, 2019 CONSENT CALENDAR Minutes of Regular Board Meeting of April 16, 2019 Board Action: Reikenis made a motion to approve the Minutes of April 16, 2019. Gerard seconded the motion. The motion passed unanimously. Financial Statements of April 30, 2019. Board Action: Reikenis made a motion to approve the Financial Statements of April 30, 2019. Gerard seconded the motion. The motion passed unanimously OLD BUSINESS No Old Business. NEW BUSINESS Audit Fiscal Year 2017/2018 A copy of the 2017-2018 Audited Financial Statements have been provided by Caler, Donten, Levine, Cohen, Porter & Veil, P.A. A hard copy is provided at this meeting for each board member. The audit provides an overview of the financial status of the West Palm Beach Downtown Development Authority (DDA) as well as a review of other areas of operations such as fraud detection, risk assessments and the consideration of internal controls. The prior year’s findings for the processes that pertain to the approvals of Journal Entries and Vendors have been addressed and cleared. The current year recommendations for improvement included the prior review and approval of Bank Reconciliations and the Executive Director’s travel expense approved by a board member have already been revised and are currently implemented. The opinion of Auditor is that the DDA complied, in all material respects with Section 218.415, Florida Statutes, during the year ended September 30, 2018. ANNOUNCEMENTS Clemente invited the board to attend Pairings Food & Wine Event on May 30th and the first Emergence experience with guest speaker Marco Casagrande on May 31st. ADJOURNMENT There being no further business to discuss, Sanders called for a motion to adjourn. Board Action: Chase made a motion to adjourn the meeting at 10:10am. Gerard seconded the motion. The motion passed unanimously.

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Phone: 561.833-8873|Fax: 561.833.5870| www.downtownwpb.com


FUND BALANCE

No CPA provides any assurance on these financial statements.

4,237,487

Total Liabilities and Fund Balance

(2,966)

(1,285) (1,681)

4,237,487

23,000

4,214,487

4,240,453

2,361,291 1,879,162

23,000

4,007,743 206,694 50 0

Total Fund Balance

Net Income

Fund Balance

Due to Lincoln National Flexible Spending Withholding

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 May 31, 2019


163,947 922,761 1,086,708

16,202 3,613 19,815

Net Total Surplus (Deficit)

Total Carry Forwards

CRA Carryforward

0

572,989 1,583,171 2,156,160

(2,156,160)

747,538 2,979,513 729,783 146,000 179,587 57,198 233,868 829,500 52,353 159,000 15,000 105,000 35,147 401,682 6,671,169

4,515,009

Budget

Gross Annual

0

28.6% 58.3% 86.9%

28.5% 39.3% 48.5% 8.1% 24.5% 0.0% 22.5% 63.6% 52.9% 59.0% 66.4% 21.9% 29.5% 0.0% 38.4%

98.3%

%

Budget

1,714,531

91,731 396,914 488,645

1,225,886

1,524,232

213,757 489,868 0 11,863 44,018 19,856 52,735 527,230 27,697 93,866 9,960 23,007 10,375

2,750,118

Y-T-D

Work Plan

No CPA provides any assurance on these financial statements.

2,965,870

1,879,162

(379,868)

Current Year Surplus (Deficit)

(360,053)

213,401 1,171,023 353,725 11,863 44,018 19,856 52,735 527,230 27,697 93,866 9,960 23,007 10,375 0 2,558,756

26,817 196,866 76,312 7,752 5,383 1,682 3,505 68,321 0 10,475 137 4,189 2,359 0 403,798

DDA Carryforward

4,437,918

23,930

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

Statement of Revenues And Expenditures May 31, 2019

West Palm Beach Downtown Development Authority

266,360

0 251,828 251,828

14,532

389,768

389,768

404,300

Y-T-D

Services

Trolley

326,105

72,216 63,114 135,330

190,775

353,725

353,725

544,500

Y-T-D

Marketing

528,874

0 211,261 211,261

317,613

291,387

291,387

609,000

Y-T-D

Security

130,000

0 (356) (356)

130,356

(356)

(356)

130,000

Y-T-D

Incentives


23,930

Total Current Year Revenues

4,437,918

1,977,793 (1,806,897) 3,795,780 413,938 1,562 257 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 98.3%

99.4% 100.0% 100.0% 100.0% 1562.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 2,750,118

1,977,793 (1,806,897) 2,290,980 230,938 1,562 257 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.

23,542 0 0 0 218 170 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

May 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


2,979,513

568,115 26,711 261,078 20,631 70,000 820,260 140,000 655,048 218,697 198,973

747,538

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

Budget

39.3%

45.3% 30.0% 45.7% 0.0% 1.4% 35.5% 57.2% 59.3% 0.5% 12.2%

28.5%

-0.1% 30.5% 50.8% 28.9% 74.0% 47.2% 32.9% 10.9%

%

489,868

24,347

80,027

257,239 8,000 119,285 0 970

213,757

41,026 2,500 26,239 104,655 11,964 24,657 2,716

Y-T-D

0

389,768

388,688 1,080

Y-T-D

Trolley Work Plan

Services

Budget

Gross Annual

No CPA provides any assurance on these financial statements.

1,171,023

257,239 8,000 119,285 0 970 291,387 80,027 388,688 1,080 24,347

SCHEDULE 3 - PHYSICAL ENVIRONMENT Pressure Washing/Street Clean 53,424 Graffitti Maintenance 1,000 Landscape Maintenance 31,644 Studies and Surveys 0 Public Space Programs 450 Security and Policing 59,026 Holiday Lights 0 Trolley 51,017 Trolley Signs & Ped Wayfinder 305 Capital Projects/Alleys 0 196,866

213,401

26,817

Total Business Development

Total Physical Environment

(356) 41,026 2,500 26,239 104,655 11,964 24,657 2,716

Year-to-Date

SCHEDULE 2 - BUSINESS DEVELOPMENT Property and Buss Incentives 0 Facade Improvements 0 Leasing/Brokers Meeting 0 Business Training and Support 919 Value Added Events 20,073 Retail Promotion 450 Business Partnerships 5,375 Grand Open/New Business 0

Month

Supplemental Schedules May 31, 2019

West Palm Beach Downtown Development Authority

Y-T-D

0

0

Marketing

0

291,387

291,387

Y-T-D

Security

0

(356)

(356)

Y-T-D

Incentives


76,312

Total Marketing/PR

146,000

8.1%

5.6% 10.3% 7.6%

48.5%

0.0% 24.0% 46.3% 78.3% 42.6%

%

0

11,863

56 3,091 8,716

Y-T-D

No CPA provides any assurance on these financial statements.

11,863

Total Res. Services/Quality of Life 7,752

1,000 30,000 115,000

Meetings

SCHEDULE 5 - RESIDENTIAL SERVICES/QUALITY OF LIFE 0 56 Community Engagement 3,091 3,091 Residential Events/DNA Sponsor 4,661 8,716

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

Budget

729,783

0 5,160 70,230 148,826 129,509

Year-to-Date

Y-T-D

Trolley Work Plan

Services

Budget

Gross Annual

353,725

Advertising and Promotion

PR/Marketing

Marketing Postage

Survey

Community & Cultural Promotion

Month

0 0 6,350 49,597 20,365

SCHEDULE 4 - MARKETING/PR

Supplemental Schedules May 31, 2019

West Palm Beach Downtown Development Authority

0

0

0

353,725

0 5,160 70,230 148,826 129,509

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

19,856

4,000 6,417 2,061 874 22 6,482

44,018

3,918 300 37,174 2,626

Year-to-Date

57,198

6,000 16,791 10,000 4,000 407 20,000

179,587

68,000 1,087 106,500 4,000

Budget

34.7%

66.7% 38.2% 20.6% 21.9% 5.4% 32.4%

24.5%

5.8% 27.6% 34.9% 65.7%

%

19,856

4,000 6,417 2,061 874 22 6,482

44,018

3,918 300 37,174 2,626

Y-T-D

Y-T-D

Trolley Work Plan

Services

Budget

Gross Annual

No CPA provides any assurance on these financial statements.

1,682

500 229 351 166 11 425

5,383

147 0 4,698 538

Month

Supplemental Schedules May 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.

52,735

Total Professional Services

233,868

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

Budget

22.5%

58.3% 5.5% 62.6% 24.6%

%

52,735

14,000 7,652 22,875 8,208

Y-T-D

Y-T-D

Trolley Work Plan

Services

Budget

Gross Annual

No CPA provides any assurance on these financial statements.

3,505

14,000 7,652 22,875 8,208

Year-to-Date

SCHEDULE 8 - PROFESSIONAL SERVICES Accounting 2,000 Professional Service 595 Audit 0 Legal 910

Month

Supplemental Schedules May 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 Lisa Gerard Mary Hurley Lane Cynthia Nalley Upendo Shabazz

FROM: Teneka James-Feaman RE:

Update Branding RFP

DATE: Tuesday, June 18, 2019

_________________________________________________________________________________________

In March, the Downtown Development Authority (DDA) released a Request for Proposals (RFP) for Branding Services. The RFP was released via Demandstar, the DDA website and advertised in the Palm Beach Post. Members of the Selection Committee ranked the following proposers as the top (4) four. These proposers presented to the board on May 21, 2019. - Idea Bar - Pathos - JaCober Creative - Moore Agency After the Board scored each participant the scoring was transcribed into a worksheet. After further review the scoring was incomplete. The correct recipient of the Branding Services RFP is Idea Bar. At this meeting, staff is requesting that the DDA Board award the contract for Branding Services to Idea Bar and to execute an agreement.

Documents Attached.

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


Idea Bar Pathos Jacober Creative Moore Agency

1

6

5

3

Proposer

#

6

5

FINAL RESULTS AS OF 05/31/19

Idea Bar Pathos Jacober Creative Moore Agency

1

3

Proposer

#

Results

95.00 86.25 65.00 70.00

Rick R 78.75 100.00 88.75 100.00 Mary L 70.00 75.00 47.50 68.75 Upendo S 70.00 82.50 95.00 82.50

Cynthia N 47.50 52.50 95.00 58.75 Lisa G 95.00 70.00 48.75 77.50

Joseph C 95.00 52.50 23.75 60.00

Bob S 95.00 86.25 65.00 70.00

Rick R 78.75 100.00 88.75 100.00

Maryl 70.00 75.00 47.50 68.75

Upendo S 70.00 82.50 95.00 82.50

Cynthia N 47.50 52.50 95.00 58.75

Lisa G

95.00 70.00 48.75 77.50

Joseph C 95.00 52.50 23.75 60.00

Board Member 1 Board Member 2 Board Member 3 Board Member 4 Board Member 5 Board Member 6 Board Member 7 Total Score Total Score Total Score Total Score Total Score Total Score Total Score

Bobs

Board Member 1 Board Member 2 Board Member 3 Board Member 4 Board Member 5 Board Member 6 Board Member 7 Total Score Total Score Total Score Total Score Total Score Total Score Total Score

78.75 74.11 66.25 73.93

72.25 79.25 78.25 76.00


MEMO To:

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

From: Raphael Clemente, Executive Director RE:

FY 2019-2020 Preliminary/Draft Budget; First and Final Hearing Dates

Date: June 18, 2019

Staff received the 2019 Estimate of Taxable Value from the Palm Beach County Property Appraiser. The estimated Total Taxable Value is: $2,338,471,268 Our estimated Net New Construction is: $135,575,276 The preliminary budget is estimated at $4,980,339 excluding estimated carryforward budget amounts. This increase in taxable value will provide an estimated additional $465,330 in tax revenues. Staff is requesting to set the First Public Hearing Date on September 10, 2019 and the Final Public Hearing Date on September 17, 2019. These dates do not conflict with any County Meetings or Major Holidays.

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


Neighborhood Services 30%

Operations 20%

Professional Services 4%

Marketing /Public Relations 19%

Public Realm Maintenance 19%

Business Development 8%


Leasing/Brokers Meetings

Value Added Events

Business Training and Support

Faรงade Improvement Programs

Retail Promotions

Property & Business Incentives

Business Partnerships

6140

6195

6235

6230

6240

6190

6320

6330

Key Removed from Section Added to Section Highlighted areas -New Programs

Business Development Grand Openings/New Business Training

4010 4020 4030 4032 4035 4040 4046 4047 4048 4050 4060 4070 4071 4072

Totals $

$

-

-

2018-2019 DDA

0

0

0

0

0

0

0

$

$

55,000 335,000

150,000

0

70,000

40,000

0

14,000

6,000

2018-2019 CRA

2018-2019 2018-2019 DDA CRA Tax Revenues $ 2,221,548 $ TIF (2,039,562) 0 DDA/CRA Interlocal Agreement 0 4,261,110 DDA/City Interlocal Agreement 0 0 CRA Project Funding 0 0 Marketing/Sponsors/Dues 0 0 Reimbursements - Physical Environment 0 0 Reimbursements - Business Devlopment 0 0 Reimbursements - Marketing & PR 0 0 Interest - First Bank 100 0 CityPlace Shuttle 123,205 0 Grants 0 0 Fees/Services 0 0 Sponsorships 0 0 0 0 Carryforwards Total Revenue $ 305,291 $ 4,261,110

$

$

$

$

-

-

CRA/City Project Fund

0

0

0

0

0

0

0

0 0 0 459,500 0 0 0 0 0 0 0 0 0 0 459,500

CRA/City Project Fund

West Palm Beach Downtown Development Authority FY 2019/2020 Preliminary/Draft Budget

$

$

$

$

20,000 169,000

50,000

0 -

0

0

0

0

0

0

-

DDA Carry Forward

0 0 0 0 0 0 0 0 0 0 0 0 0 35,000 35,000

0

$

$

$

$

DDA Carry Forward

85,000

0

0

2,000

12,000

CRA Carry Forward

0 0 0 0 0 0 0 0 0 0 0 0 0 1,015,000 1,015,000

CRA Carry Forward

$

$

$

$

75,000 504,000

200,000

0

155,000

40,000

0

16,000

18,000

Grand Total

Grand Total 2,221,548 (2,039,562) 4,261,110 0 459,500 0 0 0 0 100 123,205 0 0 0 1,050,000 6,075,901


$

Neighborhood Services

Meetings Residential Programming Community Engagement Transportation Security and Policing Public Space Programs Homeless Outreach

Key Removed from Section Added to Section Highlighted areas -New Programs

6370 6372 6375 7500 7600 7605 Totals $

$

Totals $

0 0 0 0 0 0 0 0

0

0

0

31,000 0 0 0 0 60,000 91,000

2017-2018 DDA

-

Clean Team

6170 6121 6120 6122 6190 6210 6235 7700

Capital Projects

6290

2017-2018 DDA

Security and Policing

7600

Marketing /Public Relations Survey Marketing Postage Advertising PR/Marketing Retail Promotions Community and Cultural Promotions Value Added Events Marketing Programs, Equipment & Web Collateral Materials

0 0

Graffitti Removal

6280

Totals

0

Transportation

7500

0 0

Signage and Pedestrial Wayfinding

Landscape Maintenance

0

-

6245

Pressure Washing, Cleaning & Maintenance

6236

$

2017-2018 DDA

6270

Holiday Lights

6220

Public Realm Maintenance

$

$

$

$

$

$

0 30,000 562,332 500,369 20,000 0 1,112,701

2017-2018 CRA

0 314,769 210,000 25,000 100,000 127,000 100,000 75,000 951,769

2017-2018 CRA

90,000 655,000

0

0

25,000

0

140,000

0

300,000

2017-2018 CRA 100,000

$

$

$

$

$

$

$

-

0 0 190,000 15,000 0 0 205,000

CRA/City Project Fund

0 0 0 0 85,000 0 0 0 85,000

CRA/City Project Fund

0 156,500

0 $

$

0 -

0

0

0

0

0

0

0

$

CRA DDA Carry Forward Carry Forward $ - $ - $ 0 0 4,000 0 75,000 0 250,000 0 50,000 0 0 35,000 $ 379,000 $ 35,000 $

CRA DDA Carry Forward Carry Forward $ - $ - $ 0 0 0 0 0 0 0 0 20,000 0 8,000 0 75,000 0 0 0 $ 103,000 $ - $

20,000 364,000

150,000

0

10,000

0 0

0

0

15,000

110,000

CRA DDA Carry Forward Carry Forward 59,000 $ - $

0

81,500

0

75,000

CRA/City Project Fund

West Palm Beach Downtown Development Authority FY 2019/2020 Preliminary/Draft Budget

31,000 34,000 827,332 765,369 70,000 95,000 1,822,701

Grand TOTAL

0 314,769 210,000 25,000 205,000 135,000 175,000 75,000 1,139,769

Grand TOTAL

110,000 1,175,500

150,000

0

35,000

0

221,500

15,000

485,000

Grand TOTAL 159,000


Key Removed from Section Added to Section Highlighted areas -New Programs

7000 7100 7200 7300 7700 7800 7900

16,000 7,000 3,000 300 0 26,300 $

$ 0 0 0 0 9,000 9,000

2017-2018 CRA

$

866,509 4,261,110

2017-2018 CRA $ 724,509 27,000 90,000 0 0 25,000

6241 6510 6520 6530 6540

Totals $

$

2017-2018 DDA

2017-2018 DDA Personnel $ 80,491 Insurance 0 Rent 40,000 Tax Collection 16,500 Marketing Programs, Equipment & Web 0 Travel & Training 0 Reserves 0 Totals $ 136,991 Total Expenses 305,291

Professional Services Studies and Surveys Accounting Audit Legal Professional Services

6410 6420 6430 6440 6450 6460

Totals $

0 0 0 -

2017-2018 CRA $ 50,000 98,000 9,500 0 $ 157,500

2017-2018 CRA 33,631 0 25,000 0 115,000 $ 173,631

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

6010 6040 6030 6050

2017-2018 DDA $ -

2017-2018 DDA $ 24,000 0 27,000 0 Totals $ 51,000

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

$

$

$

$

$

$

$

$

0 0 0 0 0 0

0 0 0 0 -

0 0 0 0 0 -

459,500

CRA/City Project Fund

CRA/City Project Fund

CRA/City Project Fund

0 13,000 0 13,000

CRA/City Project Fund

West Palm Beach Downtown Development Authority FY 2019/2020 Preliminary/Draft Budget

CRA DDA Carry Forward Carry Forward $ - $ - $ 0 0 0 0 0 0 0 0 0 0 0 0 $ $ - $ 1,015,000 35,000

CRA DDA Carry Forward Carry Forward $ - $ 0 0 0 0 0 0 0 0 $ $ - $ - $

CRA DDA Carry Forward Carry Forward $ - $ - $ 0 0 0 0 0 0 0 0 0 0 $ - $ - $

CRA DDA Carry Forward Carry Forward $ - $ - $ 0 0 0 0 0 0 $ - $ - $

Grand TOTAL 805,000 27,000 130,000 16,500 0 25,000 0 1,003,500 6,075,901

224,631

Grand TOTAL 33,631 24,000 25,000 27,000 115,000

16,000 7,000 3,000 300 9,000 35,300

Grand TOTAL

Grand TOTAL 50,000 98,000 22,500 0 170,500


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June 2019 Board Meeting by WestPalmDDA - Issuu