Transcript Budget Worksession OBT Community Redevelopment Agency

Orange County Community
Redevelopment Agency
Orange Blossom Trail
Orange County CRA
Orange Blossom Trail
Orange County
City of Orlando
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BOARD OF DIRECTORS
Christine Hill, President
Maxwell Spann, Vice-President
John J. Davis, Treasurer
Jonathan M. Brown, Secretary
Mark Arias
Monica King
Andrea Perez
Commissioner Tiffany Moore Russell
Meredith Sasso
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Orange County CRA
Orange Blossom Trail Boundaries
Colonial Drive
City
Portion
of CRA
Rio
Grande
Ave.
Westmoreland
Ave.
County
Portion
of CRA
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Decline in TIF Revenues
900,000
814,866
800,000
700,000
608,046
600,000
500,000
400,000
284,879
300,000
235,819
215,421
200,000
190,819
188,816
100,000
0
FY 08-09
TIF Revenue 814,866
Decline
FY 09-10
608,046
25%
FY 10-11
284,879
53%
FY 11-12
235,819
17%
FY 12-13
215,421
9%
FY 13-14
190,819
11%
FY 14-15
188,816
1%
Budget Summary
Budget
FY 13-14
Proposed
Budget
FY 14-15
Personal Services
Operating Dollars
$128,105
62,714
$122,008
66,808
(5%)
6%
Total Budget
$190,819
$188,816
(1%)
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0%
Personnel
Change
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CRA Operational Categories
• Neighborhood Enhancements $ 4,450
• Roadway Improvements
$14,562
• Residential Redevelopment
$ 3,600
Neighborhood Enhancements
Woods Avenue Retention Pond
Roadway Improvements
OBT North Corridor
Enhancement Project
New: Sidewalks
Curbs & Gutters
Streetlights
Mast Arms
Residential Redevelopment
Helping Hands Program
Community Facilities - CIP
Holden Heights Community Center
Community Facilities - CIP
Holden Heights Community Center
Funding
• County Capital Funding
• Community Development Block Grant
• CRA Funding
TOTAL
Expended to Date
Balance
$2,300,000
1,500,000
600,000
$4,400,000
- 710,854
$3,689,146
Action Requested
• Adoption of the CRA Resolution to approve and adopt
the proposed FY 2014-15 budget for the Orange
County CRA.