HomeMy WebLinkAbout2015/16 FY Report to Mayor & Council •
City of Cape Canaveral
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r a ry = . :PO Community Redevelopment Agency
CITY M
CAME CAINAVI RAL
a' March 20, 2017
Honorable Mayor and City Council Members
City of Cape Canaveral
105 Polk Avenue, P.O. Box 326
Cape Canaveral, FL 32920-0326
RE: CAPE CANAVERAL COMMUNITY REDEVELOPMENT AGENCY ANNUAL
REPORT—2015/16 FY
Dear Mayor Hoog and City Council Members:
The Cape Canaveral Community Redevelopment Agency was established August 21,2012 with
the adoption of Resolution No. 2012-16. On December 18, 2012. the City Council adopted the
Community Redevelopment Plan and created the Redevelopment Trust Fund by adoption of
Ordinance No. 23-2012.
Since the City of Cape Canaveral is financially accountable for the activities of the Cape
Canaveral CRA. its governing board is the same, and its relationship to the City is significant.
its financial activities are reported on a blended basis as if it were part of the primary government
as a major special revenue fund.
Per F.S. 163.356(3)(c), " ...An agency authorized to transact business and exercise powers under
this part shall file with the governing body. on or before March 31 of each year, a report of its
activities for the preceding fiscal year,which report shall include a complete financial statement
setting forth its assets, liabilities, income, and operating expenses as of the end of such fiscal
year. At the time of filing the report, the agency shall publish in a newspaper of general
circulation in the community a notice to the effect that such report has been filed with the county
or municipality and that the report is available for inspection during business hours in the office
of the clerk of the city or county commission and in the office of the agency."
The fiscal year for the CRA is October 1 through September 30. This Report is for the period
from October 1,2015 to September 30,2016(FY 2015-16).
Mailing Address: P.O. Box 326 Physical Address: 110 Polk Avenue
Cape Canaveral,FL 32920-0326
Telephone(321) 868-1222 —Fax(321) 868-1247
www.cityofcapecanaveral.org e-mail: info@cityofcapecanaveral.org
CRA Annual Report—FY 2015/16
March 20, 2017
Page 2
CRA Accomplishments FY 2015-16:
• Passed Resolution No. CRA-04; adopting a budget for the CRA for Fiscal Year
2016/17.
• Approved a meeting schedule and financial reporting requirements for Fiscal Year
2016/17.
Financial Report:
• Revenues FY 2015-16: $273,356
• Expenditures FY 2015-16: $761,254
Please contact me at(321) 868-1230 or email d.greene@cityofcapecanaveral.org should you
have questions or need additional information. Thank you.
Sincerely,
0 �
David L. Greene
Registered Agent
cc: Jim Barfield, Chair, Brevard County BoCC
Anthony Garganese, CRA Board Attorney
Mia Goforth,CRA Recording Secretary
John DeLeo, Financial Services Director
Todd Morley, Economic Development Director
David Dickey, Community Development Director
Mailing Address: P.O. Box 326 Physical Address: 110 Polk Avenue
Cape Canaveral, FL 32920-0326
Telephone (321) 868-1222—Fax(321) 868-1247
www.cityofcapecanaveral.org e-mail: info@cityofcapecanaveral.org