HomeMy WebLinkAboutR04-Economic Development Agency
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DEVELOPMnT DEPAR'rMBNT OF THE
CITY OF SAN BEIlllAlmINO
REOUEST FOR COMMISSION/COUNCIL ACTION
From:
TIMOTHY C. STEINHAUS
Agency Administrator
Subject: ECONOMIC DEVELOPMnT AGENCY
DEVELOPMnT DEPAR'rMBNT
1990-91 BUDGET
Date:
May 13, 1991
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Synopsis of Previous Commission/Council/Committee Action:
On June 4, 1990, the Community Development Commission adopted Resolution
Number 5254 authorizing the Redevelopment Agency to continue expenditures
at the budgeted level for 1989-90.
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Recommended Motion:
(Communitv Deve10Dment Commission)
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE
CITY OF SAN BERNARDINO ADOPTING A 1990-91 FISCAL YEAR BUDGET.
TIMOTHY C. STI BHAUS, Agency Administrator
Economic Development Agency
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Contact Person:
Tim Steinhaus/Barbara Lindseth
Phone:
5081
Project Area:
All
Ward(s):
All
Supporting Data Attached:
Staff ReDort/Reso1ution
FUNDING REQUIREMENTS:
Amount: $50.321.907
Source:
TI/BP/Low-Mod
Budget Authority:
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Commission/Council Notes:
TCS:b1:1446A
COMMISSION MEETING
Meeting Date: OS/20/1991
Agenda Item No.
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BCOMONIC DBVELOPMBIrr AGENCY
srAFF REPORT
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Bconomic Develooment A2encv/Develooment DeDartment 1990-91 Bud2et
On June 4, 1990, the Community Development Commission authorized the
Redevelopment Agency to continue expenditures at the budgeted level for
the 1989-90 fiscal year, pending approval of the 1990-91 bUdget, with
allowances for increases in salaries and other specifically approved
increases.
Adoption of the 1990-91 budget was delayed until such time as the
reorganization of the Redevelopment Agency and the Community
Development Department was complete, and since the final reorganization
(including approved salary levels) was not in place until May I, 1991,
it is recommended to adopt the 1989-90 bUdget as the 1990-91 budget. A
copy of the proposed adoption Resolution and the summary of the 1989-90
bUdget is attached, along With anticipated expenditure levels for
1990-91. The total bUdget, including bond debt service payments, is
$50,321,907 for all project areas, which also reflects any Commission
approved increases for specific project activities as outlined in the
budget summary.
I recommend adoption of the Resolution.
rCS:bl:1446A
COMKISSION MEETING
Meeting Date: 5/20/91
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RESOLUTION NO.
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE
CITY OF SAN BERNARDINO ADOPTING A 1990-91 FISCAL YEAR BUDGET.
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4 WHEREAS, Health and Safety Code, Section 33606, requires
5 that the Redevelopment Agency of the City of San Bernardino adopt
6 an annual budget, and
7 WHEREAS, on June 4, 1990, by Resolution No. 5254, the
8 Commission approved the continuing operation of the Agency under
9 the 1989-90 BUdget pending final adoption of the 1990-91 Budget,
10 and
11 WHEREAS, the Agency is in the midst of reorganization
12 making the preparation of a new budget at this time difficult and
13 inefficient to the resources of the Agency, and
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14 WHEREAS, the 1989-90 Budget is adequate to fulfill the
needs of the Agency for the 1990-91 Fiscal Year,
16 NOW, THEREFORE, BE IT RESOLVED that the 1989-90 Budget of
17 the Redevelopment Agency of the City of San Bernardino is hereby
18 adopted and approved as the 1990-91 Budget of the Agency subject
19 to such amendments as the Agency may make from time to time.
20 III
21 III
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24 III
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III
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DAB/ses/Budget-2.res
May 13, 1991
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I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the Community Development Commission of the City of
San Bernardino at a
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day of
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Commission Members:
6 ESTRADA
7 REILLY
8 FLORES
10 MINOR
9 MAUDSLEY
11 POPE-LUDLAM
12 MILLER
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meeting thereof, held on the
, 1991, by the following vote, to wit:
AYES
NAYS
ABSTAIN
Secretary
day of
The foregoing resolution is hereby approved this
DAB/ses/Budget-2.res
May 13, 1991
, 1991.
W. R. HOLCOMB, Chairman
Community Development Commission
of the City of San Bernardino
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Form 401
Page 1 of 5
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ECONOMIC DEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO
1990-91 FISCAL YEAR REVENUE AND EXPENDITURE SUMMARY WORKSHEET
DIVISION: Development Department
PROJECT AREA: Combined Redevelopment Project Areas
1989-90 1990-91 1990-91
Budget Proposed Estimated
Budget Revenues
REVENUE ACCOUNTS
General Revenues
4011 Interest Earned Invest $2.389.716 $2.405,000 $2.405,000
4012 Interest Earned Notes Rec 636,018 1.389,548 1.389,548
4018 Interest Earned Interproject -0- -0- -0-
4019 Interest Earned Fiscal Agent 7,508.414 6,940,000 6,940,000
4200 Rental Income 80.000 115,000 115,000
4270 Mortgage Revenue Income -0- -0-
4280 UDAG Income
4300 Mall Security Income 340,000 340,000 34{),OOO
4430 Sewer Capacity Rights -0- -0- -0-
0 4500 Tax Increment Revenue 10,619,000 14.095,000 14,095,000
4600 Lease Revenue Income 1 .536,133 1,774.250 1,774,250
4610 In Lieu Payment -0- -0- -0-
4660 Parking Income 13.920 48.920 48.920
4700 Land Sales -0- -0- -0-
4800 201 Set-Aside - Actual 8,813,988 2,553,000 2,553,000
4810 Other Mise Income 225,000 100,000 100,000
Sub-Total 32,162,189 29.760,718 29,760,718
Other General Financing Sources
4900 Operating Transfers In
4910 Sale of Bonds 13.561.786 -0- -0-
4920 Sale of Fixed Assets
4930 Long Term Debt Proceeds
4940 Advances Govnmt Entities 3,500,000 -0- -0-
4950 Advances Reserves -Fls Agent -0- 17,311.189 9,293.062
4960 Advances Lines of Credit -0- 3.250.000 3.250.000
Sub-Total 17.061.786 20.561,189 12,543,062
TOTAL REVENUES $49.223.975 $50.321.907 $42.303.780
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Form 401
Page 2 of 5
ECONOMIC DEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO
0 1990-91 FISCAL YEAR REVENUE AND EXPENDITURE SUMMARY HORKSHEET
DIVISION: Development Depatment
PROJECT AREA: CombIned Redevelopment Project Areas
1989-90 1990-91 1990-91
8udQet Proposed EstImated
BudQet Exoendltures
EXPENDITURES
PERSONAL SERVICES
5010 SalarIes - Full TIme $856,863 $856,863 $850,000
5011 SalarIes - Part TIme 32,902 32,902 16,000
5012 OvertIme 28,926 28,926 2,500
5013 UI Benefit 2,276 2,276 3,000
5014 Auto Allowance 14,400 14,400 3,500
5015 PERS 167,667 167,667 55,000
5016 Health Insurance 103,147 103,147 80,000
5017 life Insurance 3,634 3,634 3,200
5018 Employee Assistance Program 3,020 3,020 3,000
5019 State Comp 5,655 5,655 5,000
0 5020 MedIcare 7,943 7,943 6,000
5021 long-Term DisabIlIty 4.293 4.293 3.100
Sub-Total Personal Services 1,230,726 1,230,726 1,030,300
NONPERSONAL SERVICES
AdmInIstration
6001 Board Member CompensatIon 28,800 28,800 17 , 500
6002 logIn/Data Quick 2,800 2,800 500
6003 Travel/TraInIng 24,110 24.110 24,110
6004 Automobile 6,475 6,475 2,000
6005 MIleage ReImbursement 2,450 2,450 350
6006 MIcrofIlmIng 3,000 3,000 -0-
6007 General Office SupplIes 20,350 20,350 23,000
6008 Dues and MembershIp 3,010 3,010 16,000
6009 Mlsc AdmInIstratIve Expenses 6,000 6,000 6,000
6010 PrIntIng 8,250 8,250 3,000
6011 AdvertIsIng 12,000 12,000 12,000
6012 Postage/Federal Express 7,900 7,900 4,000
6013 Office Rent 101,850 101,850 101,850
6014 PublIcatIons 3,743 3,743 7,000
6015 Photography 15,000 15,000 15,000
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Page 3 of 5
0 1989-90 1990-91 1990-91
Budget Proposed EstImated
BudClet ExpendItures
6016 Telephone 22,744 22,744 10,500
6017 Insurance 70,680 70.680 70,680
6018 EquIpment MaIntenance 49.738 49,738 25,000
6019 AdmIn Contracted ServIces 411 ,080 491.080 · 491,000
6020 Temporary Help 11 ,880 11 ,880 20,000
811,860 891,860 849,490
Marketlnq
6101 MarketIng AdvertIsIng 6.950 14,000 · 14,000
6102 MarketIng PrIntIng 35,200 47.000 · 47.000
6103 MarketIng ServIces 5,800 5,800 3.500
47,950 66,800 64,500
loans Payable
6201 loans Payable 4.349,100 4,349,100 35,000
Bond ExpendItures
6301 Bond Payments 18,829,236 18,829,236 19,000,000
0 6302 Bond AdvertIsIng 35,000 35,000 -0-
6303 Bond PrIntIng
6304 Bond Insurance 20,000 20,000 5,000
6305 Transfer Tax Increment
6306 Bond ServIcIng 279,700 279,700 200,000
6307 IndustrIal Development Bonds 43,750 43,750 -0-
6308 Bond Issuance -0- -0- 161.500
19,207,686 19,207.686 19,366,500
Tax Increment
6401 County Assessor 62,800 62,800 80,000
6402 Pass Through Agreements 106.670 106,670 107,000
169,470 169,470 187,000
legal
6500 legal 334,000 334,000 320,000
Consultant/ProfessIonal
6600 Consultants 717,979 717 ,979 300,000
.Approved Increase to the ConventIon and VIsItors Bureau - $110,000.
Approved Increase to CIty Newsletter $60,000.
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Form 401
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1989-90 1990-91 1990-91
0 Budaet Proposed EstImated
Budaet Expenditures
Plannlna. Survey and DesIgn
6701 Survey and PlannIng 149,750 149,750 10,000
PAC/CAC
6BOI PAC/CAC 34,000 34,000 12,000
Sub-Total Non-Personal 25,821,795 25,920,645 21,144,490
CAPITAL OUTLAY
Admlnlstratlve/Eaulpment
7001 Fixed Assets 13,290 13,290 13,290
7002 Leased Equipment Computer 13,200 13,200 13,200
7003 Leased Equipment Copier 19,642 19,642 15,000
7004 Leased EquIpment MIcrofIlm 14.310 14.310 7.000
60,442 60,442 48,490
Site AcquIsItion
C> 7101 Land AcquisItIon 4,908,953 8,332,000 · 8,332,000
7102 Appra I sa I 84,000 84,000 10,000
7103 TItle Reports 14,000 14,000 1,000
7104 Fees and CommIssIon
7105 AdvertIsIng 4,400 4,400 -0-
7106 Survey and Maps 8,500 8,500 -0-
7107 Taxes
7108 Improvements Costs 300.000 706.734 · 706.000
5,319,853 9,149,634 9,049,000
HousIng
7201 HousIng 534,200 2,650,000 . 2,650,000
7202 Housing Services 84.000 -0- -0-
618,200 2,650,000 2,650,000
· Approved purchases of property at 5th and E and 6th and 9th _ $840,000;
Platt and 5th and D - $1,246,000; Hater Department _ $5,167,000; VarIous
ongoing notes payable.
Approved Improvement costs to renovate the CIty Hall Annex BuildIng.
Approved agreements with Dukes and Dukes - $2.373,065; Rent quarantee
programs - $200,000; Mobile Home Park Program - $62,500.
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Form 401
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0 1989-90 1990-91 1990-91
Budqet Proposed Estimated
Budqet Expenditures
Construction/Site Improve
7301 Demol Hlon 389,500 389,500 35,000
7302 Site Improve/Agreements 5,038,812 5,038,812 4,700,000
7303 Public Improvements 2,137,848 2,137,848 1,400,000
7304 Architectural -0- -0- 1,500
7305 Real Estate Economist 87,000 87,000 5,000
7306 Civil Engineering 90,500 90,500 -0-
7,743,660 7,743,660 6,141,500
Other Development Costs
7401 Notes Payable
7402 Land Disposition
7403 Operation Acquired Property 343,000 343,000 220,000
7404 Relocation 1,100,000 1,100,000 20,000
1,443,000 1,443,000 240,000
Sub-Total Capital Outlays 15,185,155 21,046,736 18,128,990
0 TRANSFERS
8001 Administration
8002 Redevelopment Project Areas
8003 Low/Mod Housing Fund 2,123,800 2,123,800 2,000,000
8004 SB Joint Powers Fin Auth
Sub- T ota 1 Transfers 2,123,800 2,123,800 2,000,000
RESERVES
9001 Reserves - Agency 4,862,499 -0- -0-
9002 Reserves - Fiscal Agent
Sub-Total Reserves 4,862,499 -0- -0-
GRAND TOTAL $49.223.975 $50.321 .907 $42.303.780
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