HomeMy WebLinkAboutRes 2022-09-1256 FY 2022-2023 EDC Annual BudgetCITY OF ANNA, TEXAS
RESOLUTION NO. .0q ..W rO(P
A RESOLUTION OF THE CITY OF ANNA, TEXAS RATIFYING AND APPROVING
THE FISCAL YEAR 2022-2023 BUDGET FOR THE ANNA ECONOMIC
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 Economic Development Corporation, hereinafter the "AFDC" is a
Type A development corporation operating pursuant to the Development Corporation Act
of 1979 now codified as Chapter 504 of the Texas Local Government Code; and
WHEREAS, the AFDC Board of Directors approved the Fiscal Year 2022-2023 Budget
at a special -called meeting on July 21, 2022; and
WHEREAS, the City of Anna desires to approve and ratify such said AFDC 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 2022-2023 Budget
The City Council of the City of Anna, Texas hereby approves the Anna Economic
Development Corporation 2022-2023 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 13th day
of September, 2022.
,/�APPROV
ate Pike, Mayor
Carrie L. Land, City Secretary
ANNA, TX
Budget Listing
For Fiscal: 2022-2023 Period Ending: 10/31/2022
2022-2023
Account Number
Account Name
PB 2022-2023
Fund: 890 - Community
Development Corporation
890-400-98100
Transfers Out
0.00
890-825-61010
Salaries
3531203.00
890-825-61019
Miscellaneous Payroll
0,00
890-825-61110
Payroll Taxes -City Part FICA
27,021.00
890-825-61210
Health Insurance
36,009.00
890-825-61220
TMRS Retirement
49,758.00
890-825-61230
Unemployment
750.00
890-825-61240
Worker's Compensation
11589,00
890-825-62011
Office Supplies
21500.00
Budget Detail
Budget Code
Description
Units
Price
Amount
PB 2022-2023
basic needs
1.00
21500.00
21500,00
890-825-62012
Other Supplies - Misc.
41500,00
Budget Detail
Budget Code
Description
Units
Price
Amount
PB 2022-2023
meals, meetings supplies, or other administrative
1.00
41500.00
41500,00
890-825-62210
Postage
100,00
Budget Detail
Budget Code
Description
Units
Price
Amount
PB 2022-2023
mailing bills, etc
1.00
100.00
100.00
890-825-62310 Clothing Supplies 11500.00
Budget Detail
Budget Code Description Units Price Amount
PB 2022-2023 new logo, new councilmembers, new board members 1.00 11500.00 11500.00
890-825-62910
IT Supplies
4,500.00
890-825-66040
Telecom
0.00
890-825-67000
Contract Services
492,248,00
Budget Detail
Budget Code
Description
Units
Price
Amount
PB 2022-2023
CDC Share of Budget and Financial Services
1.00
41800,00
41800.00
PB 2022-2023
Cooksey Marketing Plan & Website Hosting
1.00
75,000.00
751000.00
PB 2022-2023
Costar
1.00
61000,00
6,000.00
PB 2022-2023
Downtown Plan Implementation
1.00
350,000,00
3501000.00
PB 2022-2023
Impact Data Source
1.00
6,148.00
61148,00
PB 2022-2023
Navi Retail Attraction Plan
1.00
42,000,00
42,000,00
PB 2022-2023
Residential Strategies
1.00
21000,00
21000.00
PB 2022-2023
Resimplifi Real Estate Data
1.00
41800.00
4,800.00
PB 2022-2023
Revenue Bonds
1.00
1/500000
11500.00
890-825-67016
Promotion Expense
200,000,00
Budget Detail
Budget Code
Description
Units
Price
Amount
PB 2022-2023
Chamber Event Sponsorship
1.00
71500.00
71500.00
PB 2022-2023
Development Forum Event
1.00
2,500.00
2,500400
PB 2022-2023
Marketing Plan Implementation - digital, social, p
1,00
190,000400
190,000600
890-825-67019
890-825-67020
Legal Expense
Audit Expense
221000.00
7,500.00
7/18/2022 4:09:12 PM Page 1 of 4
Budget Listing
Account Number
Budget Detail
Budget Code
PB 2022-2023
890-825-67022
890-825-67031
Budget Detail
Budget Code
PB 2022-2023
890-825-67053
Budget Detail
Budget Code
PB 2022-2023
PB 2022-2023
PB 2022-2023
890-825-67058
890-825-67061
Budget Detail
Budget Code
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
890-825-67200
Budget Detail
Budget Code
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
890-825-67790
Budget Detail
Budget Code
PB 2022-2023
PB 2022-2023
PB 2022-2023
PB 2022-2023
890-825-67850
890-825-67950
890-825-67999
890-825-69010
For Fiscal: 2022-2023 Period Ending: 10/31/2022
2022-2023
Account Name PB 2022-2023
Description
Units
Price
Amount
CPA services - audit, 990, 1099s
1.00
7,500.00
71500,00
Engineering 0.00
Public Notices - Advertising 250.00
Description
Units
Price
Amount
publish notices
1.00
250.00
250.00
Economic Development Grant Expense 11484,990.00
Description
Units
Price
Amount
Hotel
1.00
209,990400
209,990,00
Other Targeted Area Economic Development Grants
1.00
7501000.00
7501000.00
Sales Tax Reimbursement agreement with Chief Partn
1.00
525,000,00
525,000.00
Insurance -Property &Liability 0.00
Dues, Publications & Licenses 91200.00
Description
Units
Price
Amount
Anna Chamber of Commerce Membership
1.00
31000,00
3 ,000.00
Dallas Morning News
1.00
175.00
175.00
DBJ
1.00
350.00
350,00
ICMA/TCMA for TL and KG
2.00
400.00
800.00
ICSC
10.00
50.00
500.00
ICSC
50.00
10.00
500.00
TEDC
3.00
350.00
11050.00
NAIOP
1.00
600.00
600.00
NTCAR
1.00
450.00
450.00
TEDC
1.00
75.00
75.00
TEDC
3.00
500.00
11500.00
Texas Downtown Association
1.00
200.00
200.00
Travel/Training Expense 31,190.00
Description
Units
Price
Amount
Bisnow Event Registrations
1.00
1,000.00
1,000.00
International Council of Shopping Centers Annual C
1.00
11,500600
11,500400
International Council of Shopping Centers Texas Co
1.00
61000,00
6,000.00
International Economic Development Council Annual
2.00
11250,00
2,500.00
OU EDI Courses for AD
2.00
595.00
11190,00
Texas City Managers Assn, Annual Meeting
2.00
500.00
11000,00
Texas Downtown Association Conference (San Marcos)
1.00
1/000400
11000,00
Texas Economic Development Council Annual Conferen
2.00
2,000.00
41000.00
Texas Women in Economic Development Conference
2.00
11000,00
21000.00
Texas Womens Leadership Institute
1.00
1,000.00
1/000400
Interest Expense
93,865.00
Description
Units
Price
Amount
Bond
Debt
Series
2012-B August
payment
1.00
17,902.50
17,902.50
if
Debt
Series
2012-B February payment
1.00
19,552.50
19,552.50
Bond
Debt
Series
2016 (Business
Park) Aug
1.00
28,205600
28,205.00
Bond
Debt
Series
2016 (Business
Park) Feb
1.00
28,205600
28,205.00
Bad Debt Expense 0.00
Bond Fees 0.00
Other Services - Misc. 0.00
Construction in Progress 0.00
7/18/2022 409:12 PM
Page 2 of 4
Budget Listing
Account Number
890-825-69110
890-825-69310
890-825-71090
Budget Detail
Budget Code
PB 2022-2023
Account Name
Machinery & Equipment
Land & Improvements
Debt -Service Principal
Description
Bond Debt Series 2012-B
2022-2023
PB 2022-2023
0.00
0.00
100,000400
890-825-71221 Bond Fees 0.00
890-825-71490 Other Financing Use - Debt Refundings 0.00
890-825-98100 Transfers Out 0.00
Total Fund: 890 - Community Development Corporation: 2,922,673.00
For Fiscal: 2022-2023 Period Ending: 10/31/2022
Units Price Amount
1.00 100,000.00 100,000000
7/1H/2022 4:09:12 PM Page 3 of 4
Budget Listing
For Fiscal: 2022-2023 Period Ending: 10/31/2022
2022-2023
Account Number
Account Name
PB 2022-2023
Fund: 900 - Economic Development
Corporation
900-826-62012
Other Supplies - Misc.
0.00
900-826-62210
Postage
0.00
900-826-63012
Maint. & Repair - Buildings
3/000400
Budget Detail
Budget Code
Description
Units
Price
Amount
PB 2022-2023
Misc building Maintanence and Repairs - 312 N Powe
1.00
31000.00
31000.00
900-826-66010
Electricity
31500,00
Budget Detail
Budget Code
Description
Units
Price
Amount
PB 2022-2023
Based on three year history
1.00
31500,00
31500.00
900-826-66020
Gas - Natural/Propane
1,050.00
Budget Detail
Budget Code
Description
Units
Price
Amount
PB 2022-2023
Based on three year history
1.00
1,050.00
1,050.00
900-826-66030
City Utilities Water/Sewer/Trash
0.00
900-826-66040
Telecom
11800.00
900-826-67000
Contract Services
762,000,00
Budget Detail
Budget Code
Description
Units
Price
Amount
PB 2022-2023
Economic Development Grant Expense
1.00
7501000.00
750,000.00
PB 2022-2023
Janitorial
1.00
900.00
900.00
PB 2022-2023
Mowing and Landscaping - 312 North Powell Pkwy
1.00
21700.00
21700.00
PB 2022-2023
New contract for Ricoh Printer at Inc -Cube
1.00
11500,00
1,500.00
PB 2022-2023
Pest Control
1.00
600.00
600.00
PB 2022-2023
Professional Services (target industry analysis, b
1.00
6,300.00
61300,00
900-826-67008
IT Support Services
0.00
900-826-67016
Promotion Expense
0.00
900-826-67019
Legal Expense
10,000,00
Budget Detail
Budget Code
Description
Units
Price
Amount
PB 2022-2023
legal fees
1.00
101000.00
100000,00
900-826-67020
Audit Expense
50000600
Budget Detail
Budget Code
Description
Units
Price
Amount
PB 2022-2023
CPA Services - Audit, 1099 form 990
1.00
51000,00
51000,00
900-826-67058 Insurance -Property &Liability 0.00
900-826-67200 Travel/Training Expense 0.00
900-826-67999 Other Services - Misc. 0.00
900-826-69010 Construction in Progress 0.00
900-826-69310 Land & Improvements 0.00
900-826-69410 Other Capital Expenditures 0.00
900-826-98100 Transfers Out 0.00
Total Fund: 900 - Economic Development Corporation: 786,350.00
Report Total: 317097023.00
7/18/2022 4:09:12 PM Page 4 of 4
ANNA ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. 7.21.22.06
A RESOLUTION OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION
ADOPTING THE FY 2022-2023 FISCAL YEAR BUDGET
WHEREAS, to be effective October 1, 2022, the Anna Economic Development
Corporation (the "EDC") and subject to approval of the City of Anna City Council, the
Board of Directors of the EDC desires to approve and adopt the EDC budget for the
2022-2023 fiscal year;
NOW THEREFORE, BE IT RESOLVED BY THE ANNA ECONOMIC DEVELOPMENT
CORPORATION, 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 2022-2023 Budget
The EDC Board of Directors hereby approves adopting the Anna Economic Development
Corporation 2022-2023 fiscal year budget as set forth in Exhibit A, attached hereto and
incorporated herein for all purposes as if set forth in full, subject to approval by the City
of Anna City Council.
PASSED AND APPROVED by the Anna Economic Development Corporation this 21st
day of July, 2022.
APPROVED:
�9-
Bruce No ood (Aug 26, 202215:49 CDT)
ATTEST:
Aug 26, 2022 i�
Bruce Norwood, EDC President
Aug 26, 2022
Rocio Gonzalez, EDC Secretary
EDC OF ANNA, TEXAS RESOLUTION NO. PAGE 1 OF 1
EDC FY 2023 Budget Resolution
Final Audit Report 2022- M6
Created: 2022-08-26
By: Kimberly Garduno (kgarduno@annatexas.gov)
Status: Signed
Transaction ID: CBJCHBCAABAAtbkaLjEtc2Wx2xPLUSLysZZexY495g_B
"EDC FY 2023 Budget Resolution" History
Document created by Kimberly Garduno (kgarduno@annatexas.gov)
2022-08-26 - 5:55:22 PM GMT
C'� Document emailed to Bruce Norwood (brucen@kw.com) for signature
2022-08-26 - 5:57:21 PM GMT
� Email viewed by Bruce Norwood (brucen@kw.com)
2022-08-26 - 8:48:44 PM GMT
6a Document e-signed by Bruce Norwood (brucen@kw.com)
Signature Date: 2022-08-26 - 8:49:10 PM GMT -Time Source: server
C'., Document emailed to rociocgonzalez@yahoo.com for signature
2022-08-26 - 8:49:11 PM GMT
� Email viewed by rociocgonzalez@yahoo.com
2022-08-26 - 8:59:28 PM GMT
bo Signer rociocgonzalez@yahoo.com entered name at signing as Rocio Gonzalez
2022-08-26 - 9:00:12 PM GMT
do Document e-signed by Rocio Gonzalez (rociocgonzalez@yahoo.com)
Signature Date: 2022-08-26 - 9:00:14 PM GMT -Time Source: server
� Agreement completed.
2022-08-26 - 9:00:14 PM GMT
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