OPA-LOCKA CRA AMENDED FY 2023-24

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

Miami-Dade County Board of County Commissioners is considering a resolution to approve amended Fiscal Year 2023-2024 and Fiscal Year 2024-2025 budgets for the Opa-Locka Community Redevelopment Agency and the Opa-Locka Community Redevelopment Area. The total amended budgets are $7,013,081.00 for FY 2023-24 and $7,392,025.00 for FY 2024-25. The Intergovernmental and Economic Impact Committee forwarded the item to the Board with a favorable recommendation on June 10, 2026. The budgets are funded by tax increment financing (TIF) and include allocations for administrative expenditures, operating expenditures (such as commercial grants, professional services, micro business grants, and home improvement assistance), and capital projects (including infrastructure grants, development assistance, housing initiatives, and building purchase). The Opa-Locka Community Redevelopment Area is scheduled to sunset in 2033. No specific contractors are mentioned as this item approves agency budgets.