Hallandale Beach Community Redevelopment Agency Budget Workshop August

Hallandale Beach Community Redevelopment Agency Budget Workshop August 20, 2015 1

Budget Workshop Agenda Fiscal Year 16 q Budget Approach q City Service Agreements q Revenue Budget q Expenditure Budget q Multi-Year Capital Projects q HBCRA Organization Chart q CRA Goals & Objectives q Future Focus q Questions 2

Budget Approach q Maintaining strategic planning priorities set forth by Board q Continued focus on capital projects Strategic Plan Ranking Analysis Priority Votes Percent of Total Goals - Ranked by Priority 1 - Create jobs and services 2 - Continue investment in the public realm 3 - Develop projects to increase tax base 4 - Finish projects 5 - Develop Affordable Housing 6 - Enhance community policing Total 12 9 6 4 4 4 39 30% 23% 15% 10% 10% 98% Note: Board priorities established during the Visioning Session on February 9, 2015 3

HBCRA Services Agreements Dept. Dev. Serv. DPW/U/E Program - Memorandum of Understanding Code Compliance Activities in the CRA includes funding of an additional Code Compliance Specialist FY 15 Budget $ 281, 017 $ FY 16 Budget 294, 856 4. 9% $ Project Management Services Transit Services - Includes service of Route $ 4 Transit Box Art Program - Wrapping Art $ Work around Lamp Poles 140, 000 $ 68, 250 468, 919 $ 411, 399 44, 100 $ - $ 303, 000 51, 000 $ 33, 000 Human Services Hallandale Opportunity Project (HOP) % Total Change Dev. Serv. Planning and Zoning - includes funding of a $ Planning and Zoning staff member to be dedicated solely to projects in the CRA to include development of Form Based Code Police Neighborhood Enhancement Team (NET) $ 631, 549 $ 840, 600 Police Community Involvement Unit (CIU) $ 325, 102 $ 289, 823 Police Community Action Team (CAT) $ 310, 320 $ - TOTAL $ 2, 555, 007 $ 1 -51. 3% 2 -12. 3% -100. 0% 3 -35. 3% 2, 240, 928 4 33. 1% -10. 9% 5 -100. 0% -12. 3% 4

HBCRA Services Agreements The reduction in City Services for FY 16 is due to the following: 1. A reduction in the number of capital projects that will be managed by Department of Public Works. 2. Transit Grant received from the County, thus reducing CRA funding for route 4. 3. Reduced funding for Development Services staffing to reflect 50/50 split between CRA/City. 4. Police Community Action Team (CAT) Program eliminated to increase funding of Police Neighborhood Enhancement Team (NET) program. 5

FY 16 Revenue Summary Proposed 2015 -2016 CRA Revenue Sources Tax Increment Financing (all taxing authorities) $ 8, 690, 421 Charges For Services $ 21, 500 Investment Earnings $ 68, 700 Other Revenues* $ 8, 437, 931 $ 17, 218, 552* *Miscellaneous - $1, 997, 000 *Recaptured Funds - $1, 555, 345 *Capital Projects Carry-Forward $4, 885, 586 Total CRA Revenues *Note: The FY 15 Adopted Budget was $13, 680, 812; which did not include the Capital Projects Carry-Forward amounts. 6

FY 2016 Revenue Budget $17, 218, 552 TAX INCREMENT FINANCING, 8690421 CAPITAL PROJECTS CARRY-FORWARD, 4885585, 22 RECAPTURED FUNDS, 1555345 [CATEGORY NAME] REVENUES, [VALUE], [PERCENTAGE] 0 00 CHARGES FOR SERVICES, 21500 INVESTMENT EARNINGS, 68700 7

FY 16 Expenditure Summary Proposed 2015 -2016 CRA Operating Fund Personnel Costs Operating Expenses Programs Capital Admin/Transfers Debt Service $ $ $ 657, 403* 939, 381* 5, 045, 928* 8, 000, 376 236, 280 2, 349, 996* Total CRA Operating Fund $ 17, 218, 552 *Notes: • The personnel category increased due to COLA, health insurance and the proposed F/T Accounting Clerk position. • The operating category increased due to proper budgeting for the professional services & consultants and also for outside services (i. e. landscaping, demolitions, etc. ) for the CRA. • The programs category decreased due to a reduction in funding of Village of Gulfstream Park TIF, reduction in City Services and various CRA loan programs. • The debt category increased due to the first note payment for OB Johnson 8

FY 2016 Expenditure Budget $17, 218, 552 TAX INCREMENT FINANCING, 8690421 CAPITAL PROJECTS CARRY-FORWARD, 4885585, 22 RECAPTURED FUNDS, 1555345 OTHER, 1997000, 37 0 00 INVESTMENT EARNINGS, 68700 CHARGES FOR SERVICES, 21500 9

Carry-Forward Funds Total Summary Carry-Forward Amount Carry-Forward Funds Total Recaptured Funds Total $ 1, 555, 345 Multi-Year Capital Projects Carry-Forward Total $ 3, 142, 371 Multi-Year Land Acquisition Carry-Forward Total $ 1, 743, 215 Grand Total Carry-Forward Funds $ 6, 440, 931 10

Recaptured Funds Summary Recaptured Funds Amount Operations $ 124, 036 Programs $ 1, 115, 878 Capital Projects $ 315, 431 Total Recaptured Funds $ 1, 555, 345 Note: Recaptured Funds are funds from Operational savings, Programs and Capital Projects that will not be spent from the previous fiscal year that must be reflected as revenue as part of the FY 16 Budget 11

Multi-Year Capital Projects Carry-Forward Project Name OB Johnson Enterprise System Replace NE 1 st Ave/Dixie Corridor City Complete Streets Secondary Citywide Wayfinding Signs Foster/Dixie Mix-Use Development Replace Security System I-95 & HBB Aesthetics Improvements Enterprise Resource Planning Wayfinding Signage - Main Gateway Moffitt House Renovation In-Fill Housing Supplemental - Phase II Foster Road Plaza & Supplemental Parking Total Multi-Year Capital Projects Carry-Forward Amount $ $ $ $ Carry-Forward Amount 267, 583 58, 714 521, 281 89, 649 133, 808 948, 778 11, 382 34, 700 31, 592 35, 914 107, 200 560, 310 341, 460 3, 142, 371 Note: Multi-Year on-going capital projects are being presented so that the Board can have a full view of all Capital Projects being worked on through CRA. All these dollars have been allocated in previous fiscal years. 12

Multi-Year Capital Projects Carry-Forward Amount Land Acquisition CRA Land Acquisition Program $ 1, 743, 214 Total Multi-Year Land Acquisition Carry-Forward Amount $ 1, 743, 214 Listed below are the properties that have been previously approved by the Board for acquisition and are pending closing: 1. 2. 3. 4. 5. 411 N Dixie Highway + 3 parcels of vacant land 215 NE 3 rd Street (next to Art Square) 219 NE 3 rd Street (next to Art Square) 211 NE 3 rd Street (next to Art Square) 802 NW 5 Terrace 13

CRA Three (3) Year Capital Improvement Program Schedule Project Name FY 2015 Budget Project Cost FY 2016 Proposed 1. OB Johnson Park $ 15, 418, 000 $ - $ 2. Art. Square Mixed Use $ 3, 200, 000 $ - $ 3. Foster/Dixie Mixed Use Development $ 3, 970, 000 $ - $ 934, 173 $3, 035, 827 4. FEMA Grant ($10 mil - 25% of total grant for CRA; pending approval from FEMA) $ 2, 500, 000 $ - $ 75, 000 5. Gulfstream Point project $ 75, 000 6. 2007 A Debt Payment $ 12, 895, 200 7. Moffit House Renovation (Design) $ 8. Atlantic Shores - Conceptual Design & Feasibility Study Total: 842, 035 FY 2017 Proposed - $1, 674, 048 $1, 066, 667 $ - $ 1, 505, 923 $ 1, 507, 961 $1, 507, 861 250, 000 $ - $ 50, 000 $ 135, 300 $ - $ 135, 300 $ 38, 443, 500 $ 1, 505, 923 $ 4, 044, 870 $ - $7, 834, 402 14

NE 14 Avenue Enhanced Landscaping q This project consists of providing street landscaping along the west side of NE 14 Avenue and around the Stormwater pump stations and bulb-outs as well as landscaping on the east side of NE 14 Avenue q Amount funded in FY 16 - $200, 000

OB Johnson Park & Hepburn Center q This project consists of a complete redesign and new construction of the Park facility to include a 42, 000 square foot intergenerational center which will house the Park programs and Austin Hepburn Center q Amount funded in FY 16 – 15. 4 M 16

Complete Streets q This project consists of implementing a basis of design standards for right-ofway infrastructure throughout the City q Total project funding- $565, 000 17

Wayfinding Signage – Secondary q This project consists of designing and building City Wide Wayfinding (Monument and Vehicular Directional) signs at various locations throughout the City of Hallandale Beach q Total project funding - $295, 000 18

HBB & I-95 Enhanced Landscaping q This project consists of the installation of new landscaping within the drainage swales (retention ponds) on the northeast and southeast corners of I-95 and Hallandale Beach Blvd as well as the median directly in between the two areas q Total project funding - $146, 500 19

In-Fill Housing Phase II q q This project consist of building 11 additional houses will be developed in Phase II of this initiative. These 11 homes will be sold to first-time homebuyers as affordable housing units Amount funded in FY 16 - $1, 247, 310 509 NW 6 th Street 20

Foster Park Plaza and Supplemental Parking q q This project consist of developing the Foster Park Plaza located in the NW quadrant of the City on the south side of Foster Road between NW 6 th Ave and NW 7 th Ave; directly across from Foster Park. Amount funded in FY 16 - $500, 000. 21

CRA Office Space Renovations q q This project consist of the proposed relocation of the CRA office. The proposed new location will provide enhanced servicing to the public, while allowing for space for the proposed additional staff Amount funded in FY 16 - $220, 000 22

HBCRA Current Organization Chart HBCRA Board of Directors Executive Director Attorney Director Community Redevelopment Specialist Business Development Coordinator Fiscal Operations Manager Real Estate and Property Mgmt. Coordinator Administrative Assistant I Accounting Clerk (Proposed) 23

Proposed Accounting Clerk Position (1) q CRA will be managing it’s full loan portfolio – the proposed position will be responsible for billing and booking CRA loan payments. q Proposed position will allow the CRA to ensure efficient payment processing (i. e. invoices) q Proposed position will assist with preparing the annual financials and also assist with the monthly bank reconciliations which maintain appropriate accounting controls Note: Despite this proposed new position, the CRA’s overall personnel cost remains at 4% of the total budget. 24

CRA Goals and Objectives Budget Representation Implementation Plan Goal Visioning Session Priority Goals Current CRA related projects A Administrative expenditures B Public safety C New business and targeted industry recruitment Police Community Involvement Unit (CIU) and Neighborhood Enhancement Teams (NET) Development of vacant (commercially zoned) lots D Small business and existing industry program Commercial loan program and Village of Gulfstream Park TIF E Affordable workforce housing In‐ Fill Housing, NIP Loan, Paint and Hurricane Shutter programs F Marketing and Branding Marketing programs G Wayfinding project H Transportation Shuttle service –Route 4 Image/Sense of Community Beautification supplies, landscaping services and Traffic box art program K Technology Computer hardware/software M Human services Hallandale Opportunity Project N Capital projects DPW capital project management, OB Johnson Park design, Complete Street design, Foster Park Plaza and Supplemental Parking, Atlantic Shores, FEMA Grant/Hazard Mitigation Grant, Municipal Complex Improvement, I-95 & HBB Aesthetics Improvement, NE 1 st Ave/Dixie Corridor, Secondary Citywide Wayfinding Signs, Foster/Dixie Mix-Use Development, Enterprise Resource Planning/Enterprise System Replace and NE 14 Avenue Enhanced O Code compliance Funding two Code compliance personnel P Community partnership grants program Programs to be funded based on evaluation by committee Q Cultural arts Special Events R Land acquisition, development and related activities Land acquisition, acquisition services, Land development, Foster Dixie capital investment, planning and zoning employee and bond repayment I FY 2016 Budget $ 1, 833, 064 6 $ 1, 130, 423 2 $ 1, 149, 403 1, 2 $ 1, 420, 000 5 $ 2, 735, 089 2 $ 8, 000 4 $ 35, 914 $ 411, 399 $ - $ 6, 440 2 4 1 TOTAL $ 303, 000 $ 3, 415, 491 6 $ 294, 856 1 $ 220, 000 2 $ 10, 000 $ 4, 245, 473 2, 3, 4, 5 $ 17, 218, 552 25

CRA Future Focus q Development of acquired sites (605 N. Dixie Highway & S. E. 1 Avenue lot) q Development of acquired sites (411 N. Dixie Highway, plus 3 adjacent vacant lot) q Key land acquisitions (over 20 blighted properties identified) q Development of 12 commercially zoned parcels sites available near Foster Roads q Enhancement of existing programs (NIP, BIP, & Down Payment Assistance) q Enhancement of marketing and communication of CRA programs (new website, social media, & community outreach) http: //hb. stiltmedia. com/ q Staff development and capacity building (FRA certification & others) 26

Budget Compliance (F. S. 200. 065) q HBCRA annual budget was prepared in accordance with Generally Accepted Accounting Principles (GAAP); and as required by the above Florida Statute. q Proposed budget was posted on the CRA/City’s website on July 31, 2015 and the adopted budget will be posted on the website within 5 days. 27

Questions ? 28