City of Delray Beach - File #: 18-0665 CRA

• File #: 18-0665 CRA
• Version: 1
• Type: CRA Report
• Status: Agenda Ready
• File created: 9/21/2020
• In control: Community Redevelopment Agency
• On agenda: 9/29/2020
• Title: CRA FINANCIAL REPORT - JULY 2020

TO:                                           CRA Board of Commissioners

FROM:                       Lori Hayward, Finance and Operations Director

THROUGH:                      Renée A. Jadusingh, Esq., Executive Director 

DATE:                      September 29, 2020

Title

CRA FINANCIAL REPORT - JULY   2020

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Recommended Action:

Recommendation

Receive and File.

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Background:

Attached are the July 2020 Financial Statements [1] Statement of Net Assets and [2] Statement of Activities with Budget vs. Actual (YTD).

Below are highlights of significant activities that occurred during the month of July:

1.                     Downtown-DB-Master Plan-Transportation Services (G/L #5230) - A payment of $41,182 was made to First Transit for City transportation services.

2.                     Downtown-DB-Master Plan - NE 3^rdSt. / Avenue Improvements (G/L #5251A) - A grant payment of $203,197 were made for improvements on NE 3^rdSt.

3.                     Affordable/Workforce Housing Program- A-GUIDE Funding -DBCLT (G/L #6535) - A 3^rd quarter A-GUIDE funding payment in the amount of $68,424 was made to the Delray Beach Community Land Trust.

4.                     Carver Square Neighborhood/ Corey Isle Workforce Housing (G/L #6622) - Payments totaling $11,391 was made for permits and signage. 

5.                     Grant Programs- Site Assistance Grant- (G/L #7306) - Payments totaling $41,585 were made to two recipients of Site Assistance Grants.

6.                     City Contractual Services - 2^nd & 3^rd quarter payments totaling $1,423,400 were made to the City of Delray Beach for the following contractual services:

•                     Code Officer (NW/SW Neighborhoods) (G/L #7332)- $32,830

•                     Clean & Safe (G/L #7335)- $1,152,146

•                     Streetscape Maintenance (G/L #7336)- $17,514

•                     Project Engineer (G/L #7337)- $54,851

•                     Fire Prevention & Life Safety Captain (G/L #7338)- $79,176

•                     Engineering Inspector (G/L #7339)- $31,883

•                     IT Services (G/L #7340)- $55,000

7.                     Community Resource Enhancement/ A-GUIDE Funding - (G/L #7376) - 3^rd quarter              A-GUIDE funding payments totaling $206,285 were made as follows:

•                     Arts Garage- $68,750

•                     EPOCH- $23,035

•                     Delray Beach Chamber of Commerce- $10,000

•                     Delray Beach Public Library- $104,500

Attachment(s): Exhibit A - July 2020 Financial Statements

Finance Review:

Reviewed and prepared by Lori Hayward, CRA Finance & Operation Director.