2012-13 RESOLUTION NO. OB 2012-13
A RESOLUTION OF THE OVERSIGHT BOARD OF SUCCESSOR
AGENCY THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF GRAND TERRACE ADOPTING AN ADMINISTRATIVE
BUDGET THE PERIOD JULY 1, 2012 THROUGH DECEMBER 31, 2012
WHEREAS, the Oversight Board for Successor Agency to Grand Terrace
Community Redevelopment Agency ("Oversight Board" as applicable) has met and duly
considered administrative expenses on the Recognized Obligation Payment Schedule
ROPS for the period July 1, 2012, through December 31, 2012, in the form submitted by
the Successor Agency; and
WHEREAS, staff of the Successor Agency has received responses in regards to
the administrative expenses as listed on the Recognized Obligation Payment Schedule
ROPS for the period July 1, 2012, through December 31, 2012; and
WHEREAS, Oversight Board Successor Agency has received responses in
regards to the administrative expenses as listed on the Recognized Obligation Payment
Schedule ROPS for the period July 1, 2012, through December 31, 2012; and
WHEREAS, the Oversight Board for Successor Agency to Grand Terrace
Community Redevelopment Agency ("Oversight Board" as applicable) has met and has
duly considered revised administrative expenses for an administrative budget for the
period July 1, 2012, through December 31, 2012; and
NOW THEREFORE, BE IT RESOLVED by the Oversight Board, as follows:
SECTION 1. The Oversight Board finds and determines that the foregoing
recitals are true and correct.
SECTION 2. The Oversight Board approves administrative budget for the period
July 1, 2012, through December 31, 2012, (attached hereto as Attachment 1").
SECTION 3. The Successor Agency is hereby directed to carry out all other acts
necessary and required by the Health & Safety Code and any other relevant law.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the Oversight Board of
Successor Agency to Community Redevelopment Agency of the City of Grand Terrace,
held on this the 6th day of June 2012, by the following vote:
-Cha
AYES: Board Members Saks, Sidoti, Mitchell, and Miranda; Vice irman
Powers and Chairman Stanckiewitz
NOES: None
ABSENT: Board Member Vizcaino
ABSTAIN: None
Chair, Oversight:Board of Successor
Agency to the Community Redevelopment
Agency of the City of Grand Terrace
x 1(4
Secretary, versight Boar
ATTACHMENT "1"
Administrative Budget
For the Period July 1, 2012 to December 31, 2012
r
Name of Redevelopment Agency: COMMUNITY REDEVELOPMENT AGENCY OF GRAND TERRACE-RR34 -
.. Project Area(s) RDA Project Area All GRAND TERRACE PROJECT AREA
SUCCESSOR AGENCY
ADMINISTRATIVE BUDGET
IDescription I FTE% I ESalarynt I EBenefitst I 'OTHER I Total 2Jul Aug 012 I 2012I S Y Plymen01b2ymonth' 012 I 012 I 'Total I +
I I I I I I I I I I I I I I I I
(PERSONNEL(Direct Costs) I I I I I I I I I I I I I I I
I I I I I I I I I I I I I I I I
1)ICity Manager I :Administrative Direct Labor I 0.25 I 41.650 I 23.2901 -1 64,940 1 5,411 I 5.411 1 5,4121 5,412 I 5.4121 5.4121$ 32,468
211Community Economic Development Director (Administrative Direct Labor I 0.50 1 55,970 I 30.1301 -I 86,100 1 7,175 1 7,175 1 7,1751 7.175 1 7,1751 7.175 1$ 43,050
3)ICommunily Economic Development Secretary (Administrative Direct Labor I 0.05 I 1.950 1 1,2501 -1 3.2001. 2671 .267 1 2671 2671 2671 2671$ 1,600
4)ICity Clerk I [Administrative Direct Labor 1 0.25 1 14.2501 8.8001 -1 23,0501 1,921 1 1.921 1 1,921 1 1.921 1 1.921 1 1,921 1$ 11,625
5)IFinance Director I [Administrative Direct Labor 1 0.40 1 41,575 1 22,7601 1 64,3251 5,360 1 5,3601 5,3601 _ 5,3601 5,360 1 5,360 1$ 32,163
6)ISr.Account Technician I (Administrative Direct Labor 1 0.10 1 4,860 1 2,8001 -1 7,6601 638 1 638 1 6381 638 1 638 1 5381$- 3,830
7)1AccountTechnician I (Administrative Direct Labor 1 0.10 1 3,0001 1,8001 -1 4,8001. . 4001. 4001 4001 4001 4001 4001$ 2,400
1 1 ITotal FTE Salaries and Benefits 1 1.65 I .163,255 1 90,8201 -1 254,0751 21,1721 21,1721 21,173 1 21,1731 21,173 1 21.1731$ 127,036
I I (Percentage of Overall City Payroll and Benefits I 10.4%I 10.9%1 1 10.5%1 1' 1 1 1 1 1$ -
I -
IOTHER ADMINISTRATIVE COSTS(Indirect overhead allocation) I I I I I I I I I I I I$ -
I I I I 6 I I I I I I I I I$
8111ndirect Administrative Staff/Administrative Overhead Costs-historically 34%to CRA I I I 1 321,300 1 321.3001 26,7751 . .26,775 1 26,7751 26,7751 26,775 1 26,7751$ 160,650
9)1Indirect O/H Insurance costs-historically 34%to CRA 1 I I I 1 18,7001 18,7001 1,5601 1,5601 1,5601 1.5601 1,5601 1,560 1$ 9,360
I I ITotal Indirect Administrative Costs I I . I I340,000 1 - 340,000 1 28,3351 28,3351 28,3351 28,3351 28,335 1 28,335 1$ 170,010
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(Totals-This Page I I 1 1 163,2551 90,8201 340,0001 594.0751 49,5071 49,5071 49,5081 49,5081 49,5081 49,5081 297,046
ESTIMATED ADMINISTRATIVE COSTS FOR TAX ALLOCATION PERIOD JULY 1,2012 TO DECEMBER 31,2012
ESTIMATED'ANNUAL FUNDING:
Code Source
RPTTF REDEVELOPMENT PROPERTY TAX TRUST FUND 250,000
OTHER RESERVES,RENTS,INTEREST 344,075
Total Funding of Administrative Costs 594,076