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Department: Economic Development Authority (EDA)
2013 Budget Information
Department Overview: The EDA does not currently constitute a separate department, but
instead represents a number of services offered by the City related to economic development.
These services are overseen by the Community Development Director with the help of other
Planning staff as required. The EDA is comprised of the City Councilmembers. The City
Administrator is also the Executive Director of the EDA.
Staffing Update:
No changes are planned in staffing. A portion of the Community Development Director, City
Administrator and Planning staff time are allocated to EDA.
2013 Budget Highlights:
Capital Requests:
There are no capital requests in the EDA budget
Boards /Commissions /Committees Integration:
The Community Development Director is liaison to the Economic Development Advisory
Commission (EDAC) which is advisory to the EDA.
Future Budget Year Issues:
The EDA levy comes from the General Fund. The EDAC has recommended an increase in that
levy from $80,000.00 (2012 levy) to $150,000.00 (in 2013) to accommodate a reinstituted
facade improvement program. There is currently about $200,000.00 in the EDA funds for
potential revolving fund use in the EDA budget.
Future or Potential Policy Issues and Discussions:
Issues include;
• Addition of economic development staff;
• Increased costs in connection with implementing projects involving either tax increment
financing (TIF) or tax abatement, or other available financing tools;
• Use of SAC credits for economic development;
• Potential use of City resources for land or infrastructure investment for economic
development (e.g. sewer in the CR 101 area; area of the CR 69 /TH 169 interchange).
H:\ BUDGET\Budgetl3 \Council Worksession 7 -31 -12 \Department summary narratives 2013_EDA.docx
2013 Preliminary Budget $2
Division: EDA
Object Annual Annual Annual Preliminary
Actual Actual Budget
Account 2010 2011 2012 Budget2013
2191 - EDA MANAGEMENT
6002 - WAGES 796.36 419.25 10,900.00 23,060.00
6015 - WAGES - PART TIME /TEMP 0.00 13.17 0.00 0.00
WAGES 796.36 432.42 10,900.00 23,060.00
6122 - PERA 55.74 30.34 790.00 1,670.00
6124 - FICA 54.15 30.77 830.00 1,760.00
6135 - HEALTH 99.81 55.08 350.00 0.00
6139 - POST EMPLOYMENT HEALTH PLAN 1.41 1.42 30.00 0.00
6140 - LIFE/LTD 1.20 1.06 40.00 40.00
6145 - DENTAL 2.01 2.05 40.00 40.00
6170 - WORKERS COMPENSATION 80.00 2.46 60.00 75.00
BENEFITS 294.32 123.18 2,140.00 3,585.00
WAGES & BENEFITS 1,090.68 555.60 13,040.00 26,645.00
6210 - OFFICE SUPPLIES 163.74 0.00 100.00 200.00
6310 - ATTORNEY 383.50 1,091.00 1,000.00 2,000.00
6327 - OTHER PROF SERVICES 54.00 322.00 20,000.00 25,000.00
6332 - POSTAGE 0.00 0.00 0.00 50.00
6334 - TELEPHONE 0.00 0.00 0.00 0.00
6336 - PRINTING /PUBLISHING 20.91 0.00 1,150.00 1,100.00
6338 - ADVERTISING 0.00 0.00 0.00 1,000.00
6352 - LIABILITY 290.00 638.78 639.00 700.00
6430 - BUILDING RENT (IS FUND) 4,416.00 4,176.00 4,130.00 4,130.00
6472 - CONFERENCE /SCHOOL /TRAINING 0.00 0.00 600.00 1,000.00
6475 - TRAVEL /SUBSISTENCE 0.00 0.00 500.00 0.00
6480 - DUES 0.00 0.00 530.00 0.00
6490 - SUBSCRIPTIONS/PUBLICATIONS 0.00 0.00 300.00 0.00
SUPPLIES AND SERVICES 5,328.15 6,227.78 28,949.00 35,180.00
6640 - DESIGNATED MISCELLANEOUS 13,865.29 25,850.00 0.00 0.00
MISCELLANEOUS EXPENSE 13,865.29 25,850.00 0.00 0.00
EXPENDITURES 20,284.12 32,633.38 41,989.00 61,825.00
Total BU 2191 - EDA MANAGEMENT 20,284.12 32,633.38 41,989.00 61,825.00
Total 19 - EDA 20,284.12 32,633.38 41,989.00 61,825.00