1. CRA 2025 Financial Statements

Community Redevelopment Agency · 2026-04-14 · agenda_item

The Titusville Community Redevelopment Agency (CRA) is presenting its financial statements for the year ending September 30, 2025. This item is currently under review as part of the agency's financial reporting process. The review involves an independent audit of the CRA's financial statements, including an auditor's report, management's discussion and analysis, and supplementary information. This process confirms the agency's financial position and activities. While this item does not directly involve construction or development, it is a crucial step in the agency's operational and financial planning. Businesses involved in accounting, auditing, and financial consulting services may find opportunities related to the ongoing financial management and reporting requirements of such public agencies. Engaging early with agencies like the CRA can provide insights into their financial needs and future planning.

net position

1,573,807

net investment in capital assets

472,894

restricted for redevelopment purposes

1,100,913

ending fund balances

1,573,807

change in fund balance

335,732