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HomeMy WebLinkAboutRes 2023-09-1537 Ratify and Approve the FY 2023-2024 Budget for CDCCITY OF ANNA, TEXAS RESOLUTIONNO. a623—OG-153� A RESOLUTION OF THE CITY OF ANNA, TEXAS RATIFYING AND APPROVING THE FISCAL YEAR 2023-2024 BUDGET FOR THE ANNA COMMUNITY DEVELOPMENT CORPORATION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Anna, Texas is a home -rule municipality located in Collin County, created in accordance with the provisions of the Texas Local Government Code and operating pursuant to enabling legislation of the State of Texas, and WHEREAS, the Anna Community Development Corporation, hereinafter the "ACDC" is a Type B development corporation operating pursuant to the Development Corporation Act of 1979 now codified as Chapter 505 of the Texas Local Government Code; and WHEREAS, the ACDC Board of Directors approved the Fiscal Year 2023-2024 at a special -called meeting on July 20, 2023; and WHEREAS, the City of Anna desires to approve and ratify such said ACDC Budget. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THAT: Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Adoption of Fiscal Year 2023-2024 Budget The City Council of the City of Anna, Texas hereby approves the Anna Community Development Corporation 2023-2024 fiscal year budget as set forth in Exhibit A, attached hereto and incorporated herein for all purposes as if set forth in full. PASSED AND APPROVED by the City Council of the City of Anna, Texas this 12'h day of September 2023. Carrie L. Land, City ANNA, TX Account Number Account Name Fund: 890 - Community Development Corporation Department: 400 - Administration Budget Listing For Fiscal: 2023-2024 Period Ending: 10/31/2023 2023.2024 PB 2023-2024 89DA00-98100 Transfers Out 0.00 Total Department: 400 - Administration: 0.00 Department: 825 - Community Development Corporation 890-825-61010 Salaries 347,859.00 890-825-61019 Miscellaneous Payroll 0.00 89D-825-61110 Payroll Taxes -City Part FICA 26,613.00 890-825-61210 Health Insurance 36,729.00 890-825-61220 TMRS Retirement 49,970.00 89D-825-61230 Unemployment 750.00 890-825-61240 Worker's Compensation 713.00 890-825-61910 Compensated Absences 0.00 890-825-62011 Office Supplies 3,500.00 Budget Detail Budget Code Description Units Price Amount PB 2023-2024 basic needs 1.00 3,500.00 3,500.00 890-825-62012 Other Supplies - Mist. 5,500.00 Budget Detail Budget Code Description Units Price Amount PB 2023-2024 meals, meetings supplies, or other administrative 1.00 S,S00.00 5,500.00 890-825-62013 Printing & Copying 0.00 890-825-62210 Postage 100.00 Budget Detail Budget Code Description Units Price Amount PB 2023-2024 mailing bills, etc 1.00 100.00 100.00 890-825-62310 Clothing Supplies 2,500.00 Budget Detail Budget Code Description Units Price Amount PB 2023-2024 new logo, new councilmembers, new board members 1.00 2,500.00 2,500.00 890-825-62910 IT Supplies 4,500.00 890-825-66040 Telecom 0.00 890-825-67000 Contract Services 343,200.00 Budget Detail Budget Code Description Units Price Amount PB 2023-2024 Cooksey Marketing Plan & Webslte Hosting 1.00 80,000.00 80,000.00 PB 2023-2024 Costar 1.00 6,000.00 6,000.00 PB 2023-2024 Downtown Plan Consulting 1.00 25,000.00 25,000.00 PB 2023-2024 GISWebtech 1.00 6,000.00 6,000.00 PB 2023-2024 Impact Data Source 1.00 6,500.00 6,500.00 PB 2023-2024 Interurban Pedestrian Corridor Project 1.00 200,000.00 200,000.00 PB 2023-2024 Residential Strategies 1.00 3,500.00 3,500.00 PB 2023-2024 Resimplifi Real Estate Data 1.00 5,200.00 5,200.00 PR 2023-2024 Small Business Software 1.00 6,000.00 6,000.00 PB 2023-2024 Tax software 1.00 5,000.00 5,000.00 890-825-67016 Promotion Expense 235,000.00 7/17/2023 10:46:10 AM Page 1 of 3 Budget listing Account Number Budget Detail Budget Code PB 2023-2024 PB 2023-2024 PB 2023-2024 890-825-67019 890-825-67020 Budget Detail Budget Code PB 2023-2024 890-825-67022 890-825-67031 Budget Detail Budget Code PB 2023-2024 890-825-67053 Budget Detail Budget Code PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 890-825-67058 890-825-67061 Budget Detail Budget Code PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 890-825-67200 Budget Detail Budget Code PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 PB 2023-2024 890-825-67790 Budget Detail Budget Code PB 2023-2024 PB 2023-2024 Account Name Description Chamber Event Sponsorship Development Forum Event Marketing Plan Implementation - digital, social, p Legal Expense Audit/Accounting Expense Description CPA services - audit, 990,1099s Engineering/Design Public Notices - Advertising Description publish notices Economic Development Grant Expense Description CDC grant to EDC CDC Municipal Plaza Project Holiday Inn Express Incentive Other Targeted Area Economic Development Grants Sales Tax Reimbursement agreement with Chief Partn TDA Downtown Revitalization Grant/CDF Match Grant Insurance - Property & Liability Dues, Publications & Licenses Description Anna Chamber of Commerce Membership Canva (Newsletter) Dallas Morning News DBJ ICMA/TCMA KG ICSC IEDC Mailchimp (Newsletter) NTCAR TEDC Texas Downtown Association Travel/Training Expense Description Bisnow Event Registrations DFW Marketing Team Trips International Council of Shopping Centers Annual C International Council Shopping Centers Texas International Economic Development Council Annual OU EDI Courses for AD/EDC Texas Economic Development Council Annual Conferen Interest Expense Description Bond Debt Series 2012-B August payment Bond Debt Series 2012-B February payment 2023-2024 PB 2023-2024 25,000.00 71500.00 0.00 500.00 3,629,990.00 2,125.00 10,350.00 36,000.00 88,006.00 For Fiscal: 2023-2024 Period Ending:10/31/2023 Units Price Amount 1.00 7,500.00 7,500.00 1.00 2,500.00 21500.00 1.00 225,000.00 225,000.00 Units Price Amount 1.00 7,500.00 7,500.00 Units Price Amount 1.00 500.00 500.00 Units Price Amount 1.00 60,000.00 60,000.00 1.00 2,000,000.0 2,000,000.00 1.00 209,990.00 209,990.00 1.00 600,000.00 600,000.00 1.00 610,000.00 610,000.00 2.00 75,000.00 150,000.00 Units Price Amount 1.00 3,000.00 3,000.00 1.00 250.00 250.00 1.00 200.00 200.00 1.00 350.00 350.00 1.00 400.00 400.00 10.00 200.00 2,000.00 3.00 400.00 10200.00 1.00 600.00 600.00 1.00 450.00 450.00 3.00 550.00 10650.00 1.00 250.00 250.00 Units Price Amount 1.00 1,000.00 1,000.00 1.00 2,500.00 2,500.00 1.00 12,000.00 120000.00 1.00 6,000.00 6,000.00 2.00 1,250.00 2,500.00 2.00 4,000.00 8:000.00 2.00 2,000.00 4,000.00 Units Price Amount 1.00 15,092.00 15,092.00 1.00 16,709.00 16,709.00 7/17/2023 10:46:10 AM Page 2 of 3 Budget Listing Account Number Account Name PB 2023-2024 Bond Debt Series 2016 (Business Park) Aug PB 2023-2024 Bond Debt Series 2016 (Business Park) Feb 890-82S-67850 Bad Debt Expense 890-825-679SO Bond/Trustee Fees 890-825-67999 Other Services - Misc. 890-825-69010 Construction in Progress 890-825-69110 Machinery & Equipment 890-825-69310 Land Acquisition Budget Detail Budget Code Description PB 2023-2024 Downtown 890-825-71090 Debt Service - Principal Budget Detail Budget Code Description PB 2023-2024 Bond Debt Series 2012-B PB 2023-2024 Bond Debt Series 2016 890-825-71490 Other Financing Use - Debt Refundings 890-825-98100 Transfers Out Total Department: 825 - Community Development Corporation: Total Fund: 890 - Community Development Corporation: Report Total: 2023-2024 PB 2023-2024 0.00 0.00 0.00 0.00 0.00 350,000.00 For Fiscal: 2023-2024 Period Ending:10/31/2023 1.00 28,000.00 28,000.00 1.00 28,205.00 28,205.00 Units Price Amount 2.00 350,000.00 350,000.00 115,000.00 Units Price Amount 1.00 105, 000.00 105, 000.00 1.00 10,000.00 10,000.00 0.00 0.00 5,321,405.00 5,321,405.00 5,321,405.00 7/17/2023 10:46:10 AM Page 3 of 3