OPA-LOCKA CRA AMENDED FY 2023-24

Board of County Commissioners · 2026-07-21 · resolution

This legislative item concerns the approval of amended budgets for the Opa-Locka Community Redevelopment Agency (CRA) and the Opa-Locka Community Redevelopment Area. The amended Fiscal Year 2023-2024 budget totals $7,013,081.00, and the amended Fiscal Year 2024-2025 budget totals $7,392,025.00. The budgets include allocations for administrative expenditures, operating expenditures (such as commercial grants, professional services, and micro business grants), and capital projects (including infrastructure grants, development assistance, housing initiatives, and building purchases). The funding source is tax increment financing (TIF). The Intergovernmental and Economic Impact Committee forwarded this to the Board of County Commissioners with a favorable recommendation. No public comment is stated in the document.