atlanta beltline budget briefingfile/fy19...// abi expense: admin detail - other operating expenses...

5/7/2018 Atlanta BeltLine // © 2018

// Atlanta BeltLineBudget Briefing

FY19 BudgetFiscal Year 2019 // May, 2018


• Atlanta BeltLine Budget Structure• Budget Overview

TAD Forecast / Cash Projection FY19 Budget: Revenue / Expense - Summary FY19 Budget: Revenue / Expense - Detail

• Project Summary Parks & Trails: Planning, Design & Construction Transit & Transportation: Planning, Design &

Construction

• Q & A

// Agenda


// ABI Budget Structure

TAD / BONDS

FTA / FHWA

GDOT/ARC

IA / TSPLOST

ABI

DEBT SERVICE

PILOT FEES

CAPITAL PROJECTS / PROGRAMS

G & A

ABP / COA

Revenue Budget Expense


// ABI Budget Overview

Fiscal Year 2019 // May, 2018


// Atlanta BeltLine TAD Trend


// ABI / TAD Budget: FY19 Cash Projection

Atlanta BeltLine TAD FY 19 Budget FY 18 Budget FY 17R Budget DifferenceFY19 Increment Available for Redevelopment

Projected Ending Cash Available at 6/30 10,000,000$ 10,500,000$ 7,400,000$ 2,600,000$

- - - -$ - - - - - - - - - - - - - - - - - - - -$

Beginning Cash Available at 7/1 10,000,000$ 10,500,000$ 7,400,000$ 2,600,000$

Sources Tax Increment Forecast 35,119,190$ 33,902,525$ 31,207,358$ 3,911,832$

Total Cash Available for FY19 45,119,190$ 44,402,525$ 38,607,358$ 6,511,832$


// ABI / TAD Budget: FY19 Cash Projection

Uses FY 19 Budget FY 18 Budget FY 17R Budget

Debt Service on Atlanta BeltLine TAD Bonds (16,686,220) (17,184,083) (9,214,246) (7,471,974) Debt Service on Bank Loan (Principal) (2,598,878) (2,440,261) (2,291,325) (307,553) Interest Payment on Bank Loan (343,834) (290,373) (222,000) (121,834) APS PILOT Payment (2,000,000) (1,500,000) (1,500,000) (500,000)

- - - - Fulton County PILOT Payment (1,350,000) (1,350,000) (1,350,000) -

IA PCR Direct/Indirect TAD Group (incl URFA) (500,000) (486,264) (486,264) (13,736) EPA Revolving Loan Fund (41,789) (41,789) (25,500) (16,289) Atlanta BeltLine TAD Other (Audit, Bank Fees, Legal Fees, etc.) (100,000) (50,000) (50,000) (50,000)

Total Uses for FY19 (23,620,722) (23,342,770) (15,139,335) (8,481,387)

Net Available for FY19 Redevelopment 21,498,468$ 21,059,755$ 23,468,023$ (1,969,555)$

Less: Year-End Cash Balance Forward Amount (6,000,000)$ (6,630,000)$ (9,168,048)$ 3,168,048$

Net Available for FY19 Redevelopment 15,498,468$ 14,429,755$ 14,299,975$ 1,198,493$


// Atlanta BeltLine TAD Budget


// ABI Revenue

Account DescriptionFY19 Budget

(TOTAL)FY19 Budget (TAD ONLY) FY18 Budget Diff

PROJECTED REVENUES

1 TAD Increment Available for Redevelopment 15,498,468$ 15,498,468$ 14,429,755$ 1,068,714$ 2 Bond Proceeds 28,197,120 23,458,645$ 4,738,475$ 3 Atlanta BeltLine Partnership (ABLP) 6,765,000 23,475,145$ (16,710,145)$ 4 City of Atlanta (COA) 669,369 684,369$ (15,000)$ 5 TSPLOST 11,088,601 46,542,769$ (35,454,168)$ 6 MARTA 1,537,020 3,526,590$ (1,989,570)$ 7 Invest Atlanta - Eastside TAD Grant 73,640 189,465$ (115,825)$ 8 Invest Atlanta - Westside TAD Grant 107,720 493,958$ (386,238)$ 9 Invest Atlanta - REBA Grant 665,300 460,000$ 205,300$

10 Federal Transit Adminstration (FTA) 2,120,700 2,575,088$ (454,388)$ 11 Federal Highway Administration (FHWA) 9,829,600 5,558,501$ 4,271,099$ 12 TIGER V - 2,620,000$ (2,620,000)$ 13 Ga Environmental Finance Authority (GEFA), GDOT 562,399 584,480$ (22,081)$ 14 Fulton County, Ga Council for the Arts 27,000 27,000$ -$ 15 National Endowment for the Arts (NEA) 15,000 60,000$ (45,000)$ 16 Annie E. Casey Fdtn 10,800 40,000$ (29,200)$ 17 Lease Income 382,257 333,476$ 48,781$ 18 Organic Landcare Symposium (OLCS), TDRs 5,000 15,000$ (10,000)$ 19 Non-Cash Revenue: Cap Int, Amort, Depreciation 274,000 266,000$ 8,000$ 20 Licensing Revenue 17,500 -$ 17,500$

TOTAL PROJECTED REVENUES 77,846,494$ 15,498,468$ 125,340,240$ (47,493,746)$

= > RESTRICTED REVENUE SOURCES 62,056,525.67$ 62,074,024.67$ (17,499)$


// ABI Revenue


// ABI Expense - Summary

PROJECTED EXPENSES 62,124,024.67$ (17,499.00)$ 80%

Administrative and Operating Expenses:FY19 Budget

(TOTAL)FY19 Budget (TAD ONLY) FY18 Budget Diff

1 Salaries & Benefits (50 FT) 7,488,509$ 7,319,109$ 7,173,508$ 315,001$ 2 Lease 418,360$ 418,360$ 385,182$ 33,178$

3 Interest Expense -$ -$ 889,169$ (889,169)$ 4 Other Operating Expenses 1,138,813$ 1,138,812$ 1,053,319$ 85,494$

TOTAL PROJECTED ADMIN & OPERATING EXP 9,045,681$ 8,876,281$ 9,501,178$ (455,496)$ (455,496)

Program Expenses:5 Parks & Trails (Planning, Design & Construction) 36,358,344$ 1,053,844$ 29,770,516$ 6,587,827$ 6 Transit & Transportation (P, D and C) 9,700,369$ 252,000$ 11,599,869$ (1,899,500)$ 7 Real Estate Asset Management 12,055,300$ 938,044$ 63,158,515$ (51,103,216)$ 8 Community Planning & Engagement 903,950$ 903,950$ 602,000$ 301,950$ 9 Government Affairs 150,000$ 150,000$ 146,000$ 4,000$

10 Economic Development 1,576,500$ 201,500$ 1,503,600$ 72,900$ 11 Affordable Housing Development 6,350,000$ 1,800,000$ 7,640,000$ (1,290,000)$ 12 Communications & Media Relations 229,908$ 229,908$ 186,962$ 42,946$ 13 Legal 629,042$ 469,542$ 690,400$ (61,358)$ 14 Equity & Inclusion 60,000$ 60,000$ -$ 60,000$ 15 Finance 263,400$ 263,400$ 245,200$ 18,200$ 16 Operations 222,000$ 222,000$ 6,000$ 216,000$ 17 Corporate Development 78,000$ 78,000$ 24,000$ 54,000$

TOTAL PROJECTED PROGRAM EXPENSES 68,576,812$ 6,622,188$ 115,573,063$ (46,996,250)$

FY19 ABI PROJECTED BUDGET 77,622,494$ 15,498,468$ 125,074,240$ (47,451,746)$


// ABI Expense


// ABI Expense: Admin Detail

PROJECTED EXPENSES $ %

Administrative and Operating Expenses: FY19 Budget FY18 Budget $ %1 Salaries & Benefits 7,488,509$ 7,173,508$ 315,001$ 4.4%

Funds 50 FT positions, Health Benefits, Retirement Benefits2 Lease 418,360$ 385,182$ 33,178 8.6%

Year 4: Perm Lease began 7/1/15. Payments began 7/1/16, following 12 mo. rent abatement.

3 Interest Expense -$ 889,169$ (889,169) -100.0%Interest on RE Acquisitions, Line of Credit

4 Other Operating Expenses 1,138,813$ 1,053,319$ 85,494 8.1%Includes: Fellows, Audit Fees, IT Costs, Insurance, Copiers, Telephone,Data Lines, Conferences, Travel, Office Supplies, Repair/Maintenance

TOTAL PROJECTED ADMIN & OPERATING EXP 9,045,682$ 9,501,178$ (455,496)$ -4.8%

VARIANCE


// ABI Expense: Admin Detail -Salaries

2019 FISCAL YEAR

Account Description TotalSalaries 5,431,903$ Mobile Communications 47,100$ EE Costs 7,600$ Health Insurance (flat vs FY18 budget on per ee basis) 1,016,956$ Transit / Parking 58,263$ Medicare (1.45%) 78,763$ SUTA (2.8% of 1st $9.5K)+Experience Factor 33,139$ 401A Contributions 814,785$ Other -$

SALARIES & BENEFITS SUBTOTAL 7,488,509$


// ABI Expense: Admin Detail -Other Operating Expenses

2019 FISCAL YEAR

Account Description TotalOTHER OPERATING EXPENSES (Continued)

Adv Print Expense 4,200$ Audit & Tax 24,000$ Bank Charges 9,000$ Computer Equipment/Software 189,026$ Conferences (Registration Fees Only ) 71,895$ Consulting 19,000$ Copiers 37,200$ Courier & Packages 11,440$ Postage (Lease) 1,860$ Strategic Corporate Sponsorships / Donations 28,950$ Insurance Expense 220,000$ Interest Expense -$ Legal & Prof 240$ Meals & Entertainment (Local) 23,440$ Meals & Entertainment (Travel) 27,645$



2019 FISCAL YEAR


General Meeting 10,000$ Membership Dues 66,293$ Office Beverages 9,600$ Office Supplies 55,800$ Payroll Processing 7,800$ Rent 418,360$ Repairs & Maintenance 4,000$ Recruitment 8,000$ Subscriptions - Media/Periodicals 12,098$ Telephones 1,967$ Telephone/Communications 2,640$ Telephone/Conference Calls 1,680$ Data Lines 11,808$ Temporary Staffing (Fellows Program) 54,000$ Training & Prof Development 45,164$



2019 FISCAL YEAR


Airfare 51,895$ Hotels/Lodging 93,850$ Parking/Tolls/Cab/Mileage/Transit 16,295$ Validated Parking 6,000$ Janitorial 2,640$ Other General Expenses / Sanitation / Recycling 9,387$


// ABI Project BudgetsParks & Trails

(Planning, Design & Construction)



// ABI Expense: Program Expense Detail


Program Expenses: FY19 Budget FY18 Budget $ %5 Parks & Trails (Planning, Design, & Construction) 36,358,344$ 29,770,516$ 6,587,827$ 22.1%

ES Trail Extension (construction), NE Trail (design),Bill Kennedy Way (design), SS Trail (design), AoB,Enota Park, Blvd Crossing, Murphy Crossing, Wayfinding

6 Transit & Transportation (P, D & C) 9,700,369$ 11,599,869$ (1,899,500)$ -16.4%EA & Engineering: ABL East, ABL West, Purple Line,& ABL Crosstown - Downtown & Midtown, Southside,A-Line Ext, Ponce Streetscapes, TOD, Bridge/Street Review

7 Real Estate Asset Management 12,055,300$ 63,158,515$ (51,103,216)$ -80.9% Property Management & Maintenance, Acquisitions, Easements

8 Community Planning & Engagement 903,950$ 602,000$ 301,950$ 50.2% TADAC / BAHAB Reimbursements, Meeting Facilities, Planning Consultant - DRC, Master Plan Updates

9 Government Affairs 150,000$ 146,000$ 4,000$ 2.7% Federal/State/Local Lobbyist

VARIANCE


// ABI Expense: Program Expense Detail


Program Expenses: FY19 Budget FY18 Budget $ %10 Economic Development 1,576,500$ 1,503,600$ 72,900$ 4.8%

Corridor Activation, Murphy Crossing, Workforce Development11 Affordable Housing Development 6,350,000$ 7,640,000$ (1,290,000)$ -16.9%

Developer Incentives, Pre-Development & Land Acquisition

12 Communications & Media Relations 229,908$ 186,962$ 42,946$ 23.0% Website hosting & support, Newsletter design and printing, Mobile Access Enhancement, Photography, Annual Report, Media Tracking

13 Legal 629,042$ 690,400$ (61,358)$ -8.9% Projected Legal costs for FY19

14 Equity & Inclusion 60,000$ -$ 60,000$ 0.0% Projected E&I costs for FY19

15 Finance 263,400$ 245,200$ 18,200$ 7.4% Operational Capital, including computers, furniture, phones

16 Operations 222,000$ 6,000$ 216,000$ 3600.0% Operational Contingency

17 Corporate Development 78,000$ 24,000$ 54,000$ 225.0%Strategic Initiatives

TOTAL PROJECTED PROGRAM EXPENSES 68,576,812$ 115,573,063$ (46,996,250)$ -40.7%

FY19 ABI PROJECTED BUDGET 77,622,494$ 125,074,240$ (47,451,746)$ -37.9%

VARIANCE


// ABI Budget – Parks & TrailsPlanning, Design & Construction

PROJECT NON-TAD BOND NET TADEXPENSES REVENUES PROCEEDS BUDGET

Eastside Trail Extension (Construction) 6,630,000$ -$ (6,630,000)$ -$ Southside Trail (Design) 4,500,000$ (3,600,000)$ (900,000)$ -$ Bill Kennedy Way (Design) 3,638,000$ -$ (3,638,000)$ -$ Northeast Trail (Design) 5,150,000$ (3,214,000)$ (1,936,000)$ -$ Boulevard Crossing (Design) 2,750,000$ -$ (2,750,000)$ -$ Enota Park (Design) 440,000$ -$ (440,000)$ -$ WS Trail Landscaping 1,740,000$ (1,740,000)$ -$ Interim Trail Activation 2,800,000$ (2,800,000)$ -$ -$ Enota Park (Construction)(Design) 1,700,000$ (1,700,000)$ -$ -$ Reynoldstown Pavillion (Design & Construction) 1,300,000$ (650,000)$ (650,000)$ -$ Murphy Crossing (Planning, Design) 101,000$ -$ (101,000)$ -$ ES Trail / NS Trail Lighting & Cameras 1,771,000$ (1,771,000)$ -$ -$ SS Trail: EPA Assessment & Clean-up 490,000$ -$ (490,000)$ -$ Art on the BeltLine, Perm Art 475,000$ (237,000)$ -$ 238,000$ NW Corridor Alternatives Analysis 1,375,000$ -$ (1,375,000)$ -$ Signage & Wayfinding 520,000$ -$ (520,000)$ -$ Other Projects (SIP Update, 1385 RDA Trailhead, Trail Counter, Feasibility Study, etc.) 978,344$ (5,000)$ (157,500)$ 815,844$

Total 36,358,344$ (13,977,000)$ (21,327,500)$ 1,053,844$


Eastside Trail Extension

• With 1 mile of trail added to the Eastside (Irwin to Kirkwood) in FY 2018, ABI will wrap up 0.25 mi of trail to reach Memorial Drive in FY 2019

• The project, which is largely being funded using 2016 Bonds, is expected to take approximately 10 months to complete

• The Trail will result in a 3.25-mile contiguous trail when completed

• The Trail will serve Old Fourth Ward, Inman Park, Cabbagetown and Reynoldstown neighborhoods

• This extension will protect an existing bridge structure and will also include lighting and security cameras at entry points


Eastside Trail ExtensionConstruction 6,630,000$

Bond Proceeds (6,630,000)$

Total - Net to TAD -$


Southside Trail

• Design of a 4-mile trail between Glenwood Avenue and University Avenue

• The $8.2M design, which is largely being funded using federal funds, is expected to take 18 months to complete

• The Trail is the longest trail designed by ABI to date

• The Trail will connect the Eastside Trail and Westside Trail, resulting in an 11-mile contiguous trail when completed (assuming Bill Kennedy Way is addressed)

• The Trail will serve Ormewood Park, Grant Park, Chosewood Park, Peoplestown, South Atlanta, Pittsburgh, High Point, Villages at Carver, Capitol View Manor and Capitol View neighborhoods

• Trail will include lighting and security cameras at entry points


Southside TrailDesign 4,500,000$ GDOT / ARC (3,600,000)$ Bond Proceeds (900,000)$



Bill Kennedy Way• Design of a 0.5-mile of in-street running trail

from Memorial Drive to Glenwood Ave, which will provide the critical link between the Eastside Trail and the Southside Trail

• With the Eastside Extension opening this year, having a plan to provide the linkage between the Eastside Trail and the Southside will be critical for public safety

• This trail is complicated by a narrow commercial corridor and an above grade crossing of I-20


Bill Kennedy WayDesign 3,638,000$ GDOT / ARC -$ Bond Proceeds (3,638,000)$



Northeast Trail• Design of a 3.9-mile trail between Monroe Drive and the

Lindbergh MARTA Station

• The $9M design, which is partially being funded by federal funds, is expected to take 24-30 months to complete

• The Trail will extend the existing in-Corridor trail network over Clear Creek, Peachtree Creek and an active CSX freight line, resulting in a 15-mile contiguous trail when completed

• The Trail will consider connections to the PATH 400 Trail as well as the North and South Fork trails

• The Trail will serve Morningside/Lenox Park, Ansley Park, Piedmont Heights, Sherwood Forest, Armour-Ottley, and Peachtree Hills neighborhoods

• Trail will include lighting and security cameras at entry points


Northeast TrailDesign 5,150,000$ FHWA (via GDOT / ARC) (2,464,000)$ Bond Proceeds (1,936,000)$ ABP (750,000)$



Boulevard Crossing Park• Expansion of the existing

temporary playing fields to create the full 22+ acre park

• Revisit the park master plan to better account for a larger park footprint, topographic opportunities, and to better coordinate with AHA and other adjacent property owners


Boulevard Crossing ParkDesign 2,750,000$

Bond Proceeds (2,750,000)$



Enota Park

• Expansion of an existing pocket park located on Enota Place

• Anticipated to be the first fully developed Atlanta BeltLine Park along the Westside Trail

• Situated on the Westside Trail between I-20 and Lucile Avenue

• Expanded park will be nearly 12 acres and include restored forest habitats, protection of one of Proctor Creek headwaters, as well as both active and passive park uses


Enota ParkDesign 440,000$

Bond Proceeds (440,000)$



Westside Trail• Construction of a 3-mile trail between Washington Park at Lena

Street and University Avenue

• The $31M construction project, which was largely funded using an $18M TIGER grant and philanthropic donations, began in 2015 and reached substantial completion in 2017

• The Trail will serve Adair Park, West End, Oakland City, Westview, Ashview Heights, Mozely Park, and Just Us neighborhoods

• The Trail will connect 4 parks and improve access to 4 schools

• The Trail includes 14 access points as well as trail lighting and security cameras at entry points


Westside TrailPost-construction Landscaping 1,740,000$ TIGER V, ARC/TIP -$ ABLP -$ Bond Proceeds (1,740,000)$



Southside Trail (SST) Interim Activation

With the purchase of the SST, ABI will spend the next 12 months preparing this corridor for an interim hiking trail (similar to the NE Corridor). Activities will include:

• Continue final design and identify construction funding

• Removal of rail

• Sample and remediate, as necessary

• Install bridge railings

• Create access points, Repair erosion issues


Southside Trail Interim ActivationDesign & Interim Activation 2,800,000$

ABLP (2,800,000)$



// ABI Budget Transit &

TransportationFiscal Year 2019 // May, 2018


// ABI Budget –Transit and Transportation


NEPA 1 (BLE, BLW, Crosstown Midtown/Downtown) 150,000$ (97,080)$ (52,920)$ -$ NEPA 2 (South, Red, Blue Lines) 120,000$ (120,000)$ -$ -$ Program Management 474,000$ (474,000)$ -$ -$ Downtown Streetcar East Ext [A-Line] (Design) 2,500,000$ (2,500,000)$ -$ -$ Renew Atlanta Bond Projects: RDA, University 649,369$ (649,369)$ -$ -$ North Corridor Alternatives Analysis 580,000$ (406,000)$ -$ 174,000$ Bridge / Intersection Analysis 220,000$ (165,000)$ 55,000$ Ponce de Leon Streetscape 4,653,000$ (4,187,700)$ (465,300)$ -$ FTA TOD Planning Study 100,000$ (77,000)$ -$ 23,000$ North Avenue Traffic Signal Upgrades 200,000$ (200,000)$ -$ Other (University Ave Scoping Study) 54,000$ (54,000)$ -$ -$

Total 9,700,369$ (8,930,149)$ (518,220)$ 252,000$


// ABI Budget –Transportation

Transit Clearance Program, “NEPA 1”• Prepare conceptual engineering plans

• Obtain environmental clearance for:

o Atlanta BeltLine West (Green, West)

o Under FTA review

o Crosstown Midtown (Orange)

o Under FTA review

o Atlanta BeltLine East (Green, East)

o Crosstown Downtown (Purple)

Key Issues• Minimize and/or mitigate environmental impacts

• Determine transit alignments at Hulsey Yard and Centennial Olympic Park

• Determine MARTA connection locations



Transit Clearance Program “NEPA 2” • Determination of alignments

• Conceptual Engineering of corridors

• Determination of environmental impacts

• Documentation

• NEPA Clearance

• Atlanta BeltLine South (Green)

• Crosstown Crescent (Blue)

• Crosstown Capitol (Red)

A-Line, East Extension Preliminary Engineering• Advance the level of engineering design based on

additional utility and geotechnical information



Transit Clearance Program (North BeltLine)• Determination of alignments

• Conceptual Engineering of corridors

• Determination of environmental impacts

• Documentation

• NEPA Clearance

• Atlanta BeltLine North (Green)

• Crosstown Peachtree (Yellow)

Transit Supportive Land Use Implementation Plan (TOD Planning Study)• Identify and implement a series of land use and

zoning policy actions that support transit use in the City of Atlanta.

• Conclude with plan and action items in Summer 2018



Ralph David Abernathy Blvd• Renew Atlanta Complete Street Conversion Project

between Cascade Avenue to MLK Jr. Drive• Design complete in Spring 2019• Construction complete in Spring 2020

Avon Avenue/University Avenue Scoping Study• Compile a GDOT Concept Report for a complete

street conversion, from Murphy Avenue to Hank Aaron Drive

• Deliver Concept Report in Fall 2018



Ponce de Leon Streetscape• Complete-street upgrade (bicycles/pedestrians)

• Boulevard/Monroe Drive to Freedom Parkway

• FY 2019 Activities

o Complete Design

o Complete Right-of-Way Acquisition

• In partnership with GDOT/Jamestown Properties

• Construction FY 2019 - 2021


// ABI Budget Community Planning & Engagement,

Communications & Media Relations,

Government Affairs



// ABI Budget – Community Planning & Engagement


BAHAB Reimbursements 2,400$ -$ -$ 2,400$ TADAC Reimbursements 2,400$ -$ -$ 2,400$ Meeting Facilities / Printing / Signage 24,000$ -$ -$ 24,000$ Planning Consultant: DRC Standards 91,000$ -$ -$ 91,000$ 5-year Updates to SubArea Master Plans 715,000$ -$ -$ 715,000$ Neighborhood Meet & Greet 8,400$ -$ -$ 8,400$ BeltLine University 18,500$ -$ -$ 18,500$ Consultant: Our BeltLine, AoB 40,000$ -$ -$ 40,000$ Other (DRC, Mailchimp, etc.) 2,250$ -$ -$ 2,250$ Total 903,950$ -$ -$ 903,950$


// ABI Budget – Communications & Media Relations


Newsletter Printing/Design/Distribution 12,000$ -$ -$ 12,000$ Photography (events, proj development, etc.) 9,800$ -$ -$ 9,800$ Video (events, proj dev, grand openings, etc.) 56,244$ -$ -$ 56,244$ Advertising (Art on the Beltline, Specific Dev) 21,880$ -$ -$ 21,880$ Annual Report, Collateral Design/Printing 32,500$ -$ -$ 32,500$ Website Hosting & Support 57,044$ -$ -$ 57,044$ Mobile Site/App Development & Maintenance 10,000$ -$ -$ 10,000$ e News - weekly (email): Mailchimp 4,500$ -$ -$ 4,500$ SalesForce 14,340$ -$ -$ 14,340$ Special Events, Tours 11,600$ -$ -$ 11,600$ Total 229,908$ -$ -$ 229,908$


// ABI Budget – Government Affairs


Federal/State/Local Lobbyist 144,000$ -$ -$ 144,000$

Tours (Elected Officials) 6,000$ -$ -$ 6,000$

Total 150,000$ -$ -$ 150,000$


// ABI Budget Affordable Housing,

Economic Development



// ABI Budget – Affordable Housing


FY18 Carryover (projected) 635,000$ -$ -$ 635,000$

Predevelopment & Land Acquisition 5,185,000$ -$ (4,550,000)$ 635,000$ Downpayment Assistance

Chosewood Park Planning / AHA Coordination 298,500$ -$ -$ 298,500$

Live Along the BeltLine Websites, Tours 1,500$ -$ -$ 1,500$

Interest: Line of Credit 230,000$ -$ -$ 230,000$

Total 6,350,000$ -$ (4,550,000)$ 1,800,000$


// ABI Budget – Economic Development


Corridor Activation & Monetization 50,000$ -$ -$ 50,000$ Workforce Development 100,000$ -$ -$ 100,000$ Murphy Crossing: Site Activation/Overlay 50,000$ -$ (50,000)$ -$ Property Acquisition & Operations 825,000$ -$ (825,000)$ -$ Corridor Revitalization, Façade Improvement 250,000$ -$ (250,000)$ -$ Incentive Matching 250,000$ -$ (250,000)$ -$ Other (Existing Conditions Update, Business 51,500$ -$ -$ 51,500$

Outreach, Statistics Dashboard, Tours)Total 1,576,500$ -$ (1,375,000)$ 201,500$


// ABI Budget Legal,

Finance, Operations



// ABI Budget – Legal


Outside Legal Services 320,000$ -$ 320,000$ Title, Survey & Other RE Related Expenses 36,000$ -$ 36,000$ RFP / RFQ Ads 8,400$ -$ 8,400$ SID 42,000$ -$ 42,000$ Ponce Streetscape: ROW, Titles, Appraisals 142,000$ -$ (142,000)$ -$ Licensing / Branding 77,500$ -$ -$ 77,500$ Compliance Hotline 3,142$ -$ -$ 3,142$

Total 629,042$ -$ (142,000)$ 487,042$


// ABI Budget – Equity & Inclusion


Equity & Inclusion Framework 60,000$ -$ -$ 60,000$

Total 60,000$ -$ -$ 60,000$


// ABI Budget – Finance


Furniture & Fixtures 56,400$ -$ -$ 56,400$

Computer Equipment, Software, Phone System 207,000$ -$ -$ 207,000$

Total 263,400$ -$ -$ 263,400$


// ABI Budget – Operations


ABI Contingency / Strategic Initiatives 300,000$ -$ -$ 300,000$

Total 300,000$ -$ -$ 300,000$


// Question / AnswerBudget Briefing


atlanta beltline budget briefingfile/fy19...// abi expense: admin detail - other operating expenses...

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