5. Repurchase Agreements

CRA Meeting · 2026-06-02 · agenda_item

The City of Ocoee Community Redevelopment Agency (CRA) is currently undergoing financial audits and reporting related to its operations for the fiscal year ending September 30, 2025. This process involves reviewing investment policies, credit risk, and capital asset activity, including construction in progress totaling $1,434,167. The CRA also reports on related-party transactions with the City and its sources and uses of funds. This financial review and reporting phase is a standard part of the agency's operations and is currently under review. The work involves financial analysis, auditing, and compliance reporting. Local accounting firms, financial consultants, and legal services specializing in municipal finance and compliance could find opportunities to engage with the CRA during this review period. Early engagement can help ensure all reporting requirements are met efficiently.

Construction in Progress

1,434,167 $

Tax increment revenues received from the City

1,748,044 $

Payment to the City for services

411,766 $

Transferred completed assets to the City

46,163 $

CRA owed the City

0 $

Tax Increment Source of Deposit

3,314,115 $

Investment Income Source of Deposit

224,912 $

Salaries and Benefits Purpose of Withdrawal

411,766 $

Professional Services Purpose of Withdrawal

503,308 $

Miscellaneous Purpose of Withdrawal

108,285 $