Draft FY22 BOA Budget — File 212005

CPA FY2022 Budget Community Preservation Act Fund FY22 Budget Estimated new revenue Surcharge revenue 2,580,039 State match of previous year's local renvenue 616,084 Total 3,196,123 New appropriations and reserves Admin and Operating Expenses of Committee (5%  of estimated revenue) 159,806 Estimated Debt  Service Total Available  for FY22 Projects Open Space and Recreation Reserve (20% of  estimated revenue) 639,225 0 639,225 Historic Resources Reserve (15% of estimated  revenue) 479,418 131,143 348,275 Community Housing Reserve (50% of estimated  revenue) 1,598,061 314,500 1,283,561 Budgeted Reserve (10% of estimated revenue) 319,612 319,612 FY20 City Appropriation 0 0 Total  3,196,123 445,643 2,590,673 Community Preservation Act Fund FY18 Actual FY19 Actual FY20 Actual FY21 Thru4/30 FY22 Estimated Total Funding Available 4,053,077 2,488,260 2,656,652 3,201,235 3,201,235 Current Fiscal Year Revenue 2,669,272 2,488,260 2,656,652 3,201,235 3,201,235 Surcharge Revenue 1,794,507 1,953,030 2,161,427 2,580,039 2,580,039 City Appropriation* 500,000 100,000 0 0 0 State Match of Previous Year's Local Revenue 370,465 432,342 492,059 616,084 616,084 Interest 4,300 2,888 3,165 5,112 5,112 Rollover from Previous Fiscal Year 1,383,805 0 0 0 0 Appropriations and Encumbrances 3,645,578 2,313,785 2,228,074 2,309,109 2,827,743 Committee admin expenses (up to 5% of annual revenue) 84,068 98,624 111,039 62,344 111,039 Open Space and Recreation Projects 2,203,008 71,000 622,000 528,188 639,225 Open Space and Recreation Debt Service 0 0 0 0 0 Historic Resources Projects 158,100 747,175 543,436 267,863 348,275 Historic Resources Debt Service 0 0 0 131,143 131,143 Community Housing Projects 1,200,402 1,396,986 951,599 1,005,071 1,283,561 Community Housing Debt Service 0 0 312,153 314,500 314,500 Personnel List Position Current Base Fiscal Year Base Full Salary CPA Salary OSPCD Community Preservation Act Manager 1,600.62 83,232.00 83,232.00 66,585.60 16,646.40