2005-003 CRA - Laserfiche WebLink

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. Preserve the Enterprise Zone program and advocate for the enhancement of the program through extension legislation. . Strengthen services for youth at the Santa Ana WORK Center and expand linkages with non-WIA funded providers to develop a comprehensive "All Youth One System." . Complete construction of the Digital Media Center. . Initiate Phase III of the Olson LivelWork Lofts. . Implement a multi step approach to addressing the jobslhousing imbalance for Santa Ana through the development of an Employer Assisted Housing Program. . Explore opportunities for alternate resources for the Community Development Agency through research and application of grants. . Facilitate the expansion and enhancement of the Santa Ana Auto Mall . Implement security strengthening measures at the DEPOT . Modernize the parking structure operating equipment. The $85,256, I 25 Community Development Agency annual budget reflects a number of revenue sources including $40,207,625 in tax increment revenue, which represents 47.2 percent of the total budget and $26,520,700 or 3 I. I percent from the federal Housing Voucher Program. Of the Agency's proposed expenditures for FY 05-06, 25.8 percent is dedicated toward existing debt service and outstanding obligations; 21.4 percent for the administration of Agency operations; 28.5 percent for the HUD Voucher Program; I 1.4 percent for payments to subagents and other agencies; 6.9 percent to the implementation of capital projects; and 6 percent to commercial and residential loans and rebates. While limited tax increment revenues have impacted the number of capital projects funded, infrastructure-related improvements throughout the project areas continue to be emphasized as revenues permit. The 2005-2006 budget will continue to provide the resources to assist the City in achieving ", go.!. i"e.(JEOO '0' '"pport ill ,,, f"<mo',,'oo. Patrici C. Whitaker Resolution No. eRA 2005-003 Page 7 of 22