OMNI COMMUNITY CRA

Intergovernmental and Economic Impact Committee · 2026-07-15 · resolution

Miami-Dade Board of County Commissioners considered the amended Fiscal Year 2025-2026 budget for the Omni Community Redevelopment Agency and Area. The budget totals $73,064,289.00. The Intergovernmental and Economic Impact Committee forwarded the item to the Board with a favorable recommendation. The budget includes funding for various operating and redevelopment expenses, such as professional and contractual services, grants to outside organizations, debt service, land acquisition, construction projects in progress, and obligations with other governments including payments to the County for the Performing Arts Center and Seaport tunnel, and capital improvements for Maurice Ferre Park. The Omni Community Redevelopment Area is located within County Commission Districts 3 and 5. The Agency's revenue source is tax increment financing (TIF). The budget was previously approved by the Agency on February 12, 2026, and the City of Miami on February 26, 2026.