2013/14 Recommended Budget - City of St. George

HOUSING FUND
As part of the adopted budgets for the Fort Pierce Economic Development Agency District's No. 1 and No. 2, the St. George
Redevelopment Agency is required to use 20% of the tax increments received to fund affordable housing projects within the City. This
fund accounts for the annual transfer of the 20% from the two Fort Pierce EDA Districts and will also account for affordable housing
projects in which the City participates.
2013-14
Recommended
Budget
Full-Time Employees $ -
Part-Time Employees $ -
Employee Benefits $ -
Materials & Supplies $ 50,000
Capital Outlays $ 550,000
TOTAL $ 600,000
Materials &
Supplies
$50,000
8%
Capital
Outlays
$550,000
92%
SALARIES & BENEFITS
There are no salaries and benefits associated with this fund.
MATERIALS & SUPPLIES
CAPITAL OUTLAYS
Requested Capital Outlays
Recommended Capital Outlays
Affordable Housing Property Acquisitions 350,000 Affordable Housing Property Acquisitions 350,000
Property Improvements 200,000 Property Improvements 200,000
550,000 550,000
HISTORICAL INFORMATION
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
2009 2010 2011 2012 Budget 2013 Budget 2014
MATERIALS & SUPPLIES
CAPITAL OUTLAYS
2009 2010 2011 2012 Budget 2013 Budget 2014
MATERIALS & SUPPLIES 256,528 8,060 31,084 31,247 41,000 50,000
CAPITAL OUTLAYS 0 0 181,662 125,660 400,000 550,000
TOTAL 256,528 8,060 212,746 156,907 441,000 600,000
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