TO: CRA Board of Commissioners
FROM: Lori Hayward, Finance and Operations Director
THROUGH: Renée Jadusingh, Esq., Executive Director
DATE: November 19, 2019
Title
CRA FINANCIAL REPORT - SEPTEMBER 2019
Body
Recommended Action:
Recommendation
Receive and File.
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Background:
Attached are the September 2019 Financial Statements [1] Statement of Net Assets and [2] Statement of Activities with Budget vs. Actual (YTD). The financial changes that are associated with the FY 18-19 Budget Amendment No.3 includes a majority of the items included on the attached Monthly Financial Statements. Below are highlights of significant activities that occurred during the month of September:
1. The following was entered into accounts payable and due to the City of Delray Beach:
• Downtown-DB-Master Plan- SE 1st Street 2 Way Conversion- Signal (CIP) (G/L #5210) - $250,000
• Downtown-DB-Master Plan-Downtown Trolley (G/L #5230) - $179,185
• Osceola Neighborhood Plan (CIP) (G/L #5500) - $80,447
• Other- NW Neighborhood- Design (CIP) (G/L #5622) - $1,590,860
• Grant Programs- Curb Appeal Assistance Program Grant- (G/L #7305) - $75,000
• City Contractual Services- Planning, IT, and Parking Manager- (G/L #7331) - $27,500
• City Contractual Services- Code Officer (NW/SW Neighborhoods)- (G/L #7332) - $16,415
• City Contractual Services- Housing Rehab Inspector- (G/L #7334) - $9,884
• City Contractual Services- Clean & Safe Program- (G/L #7335) - $1,229,759
• City Contractual Services- Streetscape Maintenance- (G/L #7336)- $22,494
• City Contractual Services- Project Engineer- (G/L #7337) - $50,000
• City Contractual Services- Fire Prevention & Life Safety Captain - (G/L #7338)- $79,809
• City Contractual Services- Engineering Inspector- (G/L #7339) - $14,455
2. Downtown-DB-Master Plan- Wayfinding Signage (G/L #5236) - A payment of $16,290.60 was paid to Kimley Horn for design services and $5,797.35 was entered into accounts payable (total- $22,087.95).
3. NW/SW 5th Avenue Beautification- 98 NW 5th Avenue Renovation (G/L #6208) - A payment in the amount of $18,657 was made to Synalovski Romanik Saye for design services.
4. NW/SW 5th Avenue Beautification- 95 SW 5th Avenue Construction (G/L #6218) - An invoice in the amount of $42,615 was entered into accounts payable and due to Song & Associates for design services.
5. Affordable/Workforce Housing Program-A-Guide Funding-DBCLT (G/L #6535) - An invoice in the amount of $65,388 was entered into accounts payable and due to the DBCLT.
6. Grant Programs- Site Assistance Grant- (G/L #7306) - A grant balance in the amount of $34,612 was entered into accounts payable for a grant awarded to Caesar’s Catering.
7. Community Resource Enhancement-A-GUIDE Funding (G/L #7376) - The following was entered into accounts payable:
• Arts Garage - $68,750
• Delray Beach Chamber of Commerce - $6,250
• Historical Society - $31,250
• Delray Beach Library - $114,500
• Old School Square - $187,500
8. Community Resource Enhancement (G/L #7375) - An invoice in the amount of $25,000 was entered into accounts payable and due to Downtown Development Authority for the Frog Alley Caribbean Festival and the Pineapple Grove Festival.
9. Economic Development Initiative- Economic Development Incentives- (G/L #7415) - An invoice in the amount of $16,250 was entered into accounts payable and due to the Center for Technology, Enterprise & Development.
Attachment(s): Exhibit A - September 2019 Financial Statements