News

2014 Budget Resolution

Mid-City Security District
Special Taxation District

Resolution
No. 2013-0 2

New Orleans, LA
September 19, 2013

To he Adopted at the District’s October 17, 2013 Meeting
By: Commissioner Harley Winer
Seconded By: Commissioner Ben Markey

A RESOLUTION adopting the 2014 Budget of the Mid-City Security District. È

WHEREAS, The Mid-City Security District (“District”) was created by the Louisiana Legislature by La R.S. 339091.14 to
promote and encourage security within the parish of Orleans;

WHEREAS, the boundaries of the District are defined in La, R. S. 33:9091.14(B) to be the area Within and including the
following perimeter: Tulane Avenue (both sides), Interstate 10 (interior side), City Park Avenue (interior side), West Moss Street
(interior side), Orleans Avenue (both sides), and North Broad Street and South Broad Street (both sides);

WHEREAS, on November 4, 20|] 8, a majority of the voters of the District approved a special annual fee, referred to as the “Mid-
City Security District Fee” on each improved parcel of land in the District to support the Districts activities’,

WHEREAS, the fee approved by the voters is currently an amount not less than two hundred dollars ($200) and not to exceed
two hundred filly dollars ($2 50) for each improved residential parcel in the District and not less than three hundred dollars (S 300) and not ’oo exceed three hundred seventy- five dollars ($375) for each improved commercial parcel in the District’,

WHEREAS, the fee was authorized for a period of six (6) years, and will expire on December 31, 2014;

WHEREAS, the Board of Commissioners of the District desires that the City Council of New Orleans levy and collect such a
parcel fee of $20 0.00 for residential parcels and $3 00 for commercial parcels on each parcel within the District, and add such fee
to the property tax bills to be issued by the City of New Orleans to the owners of the property within the District and subject to
the fee for the tax year commencing 2014′,

WHEREAS, in connection with the City Couneil’s levy and collection of the aforesaid $20 0.00 or $3 00. 00 parcel fee, it be
necessary and proper that the Board of Commissioners adopt a budget of revenue and expenditures for 2014 which indicate how
the proceeds of the aforesaid $20000 or $30000 parcel fees will be expended for the purpose of promoting and encouraging
security within me District;

N OW, THEREFORE, BE IT RESOLVED THAT, by the Board of Commissioners of the Mid~City Security District, the
following budget of revenue and expenditures for 2014 which indicate how the proceeds for the aforesaid $200.00 or
$30000 parcel fee will be expended for the purpose of promoting and encouraging security within the District, is adopted.

Parcel Fees 990,000

Interest Income l 3, 00 U

Total revenues S 1,003, 00 0

Patrol and Security Programs 1,100,000
Police Cars S 30,000

Insurance 20,000
Operations(*) 15,000
Accounting Fees 15,000
City Collection Fees (1%) 10,000
Legal Fees S 25,000
Special Projects(**) S 25,000

Total expenditures 1,240,000

Excess expenditures over revenues (237,000)

FUND BALANCE, BEGINNING S 801,291

FUND BALANCE, ENDING 564,291

* Operations include Police Cell Phones, Website, Etc.
** Special Projects include Newsletters, Postage, Stay Safe-Stay Informed Community Awareness Program, Etc.

BE IT FURTHER RESOLVED THAT, the City Council of the City of New Orleans is hereby requested to collect and levy the
SZU 0.00 parcel fee for residential parcels and $30 0,00 parcel fee for commercial parcels approved by the voters of the District on November 4, 2008, and to include said fee in the property tax bills to be issued by the City of New Orleans to owners of the
parcels within the District and subject to the aforesaid parcel fee for the tax year commencing 2014.

YEAS: Commissioners Jim Olsen, Ben Misko, Jody Waltz, Hańey Winer, Ben Markey
NAYS: NONE
ABSENT: NONE

CERTIFICATE

As Secretary of the Mid City Security District, I hereby certify that the forgoing is a true and correct copy of a resolution duly
and legally adopted by the Board of Commissioners of the Mid-City Security District, añer due notice, and that said resolution
has not been rescinded, modified or recalled, and is in full force and effect.

JeffLoquist2014 Budget Resolution