2013/14 Recommended Budget - City of St. George

DOWNTOWN REDEVELOPMENT
The Downtown Redevelopment Agency encompasses approximately 14 blocks in the downtown area of the City from 500 East to 100
West on both sides of the St. George Boulevard and along Tabernacle. Tax increment from new development is used to make
improvements in that area. This agency was extended to 2015 by Interlocal Agreement with the County, School District, and
Washington Water Conservancy District.
2013-14
Recommended
Budget
Capital
Outlays
$5,000
0.92%
Full-Time Employees $ -
Part-Time Employees $ -
Employee Benefits $ -
Materials & Supplies $ 541,025
Capital Outlays $ 5,000
TOTAL $ 546,025
Materials &
Supplies
$541,025
99.08%
SALARIES & BENEFITS
MATERIALS & SUPPLIES
This account pays debt service for the Town Square projects and costs associated with the parking structure and carousel.
CAPITAL OUTLAYS
Requested Capital Outlays
Recommended Capital Outlays
General Improvements 5,000 General Improvements 5,000
HISTORICAL INFORMATION
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
2009 2010 2011 2012 Budget
2013
MATERIALS & SUPPLIES CAPITAL OUTLAYS DEBT SERVICE
2009 2010 2011 2012 Budget 2013 Budget 2014
MATERIALS & SUPPLIES 4,410 14,340 7,039 95,403 57,500 63,500
CAPITAL OUTLAYS 5,088 0 335,212 37,192 5,000 5,000
DEBT SERVICE 499,285 499,855 499,840 2,669,858 479,158 477,525
Budget
2014
TOTAL 508,783 514,195 842,091 2,802,453 541,658 546,025
299