MIAMI GARDENS CRA FY25-25 BUDGET

Board of County Commissioners · 2026-06-16 · resolution

The Miami-Dade Board of County Commissioners adopted a resolution approving the amended Fiscal Year 2025-26 budget for the Miami Gardens Community Redevelopment Agency and Area, totaling $13,491,027.00. This approval is contingent upon the negotiation of a right-to-use agreement for the Miami Gardens Performing Arts Center, also known as the North Dade Cultural Arts Center. The budget includes $10,651,409 for the Performing Arts Center reserves and $2,000,000 for associated professional services. If the right-to-use agreement cannot be successfully negotiated within 60 days of the resolution's effective date, the resolution will be void. The Miami Gardens Community Redevelopment Area was established in 2017 and declared slum or blighted. The Agency's budget is funded by tax increment financing (TIF) from Miami-Dade County ($2,001,673) and the City of Miami Gardens ($3,035,463), with projected carryover funds of $8,353,891.