OPA-LOCKA CRA AMENDED FY 2023-24

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

Resolution approving the amended FY 2023-24 and FY 2024-25 budgets for the Opa-Locka Community Redevelopment Agency and the Opa-Locka Community Redevelopment Area, totaling $7,013,081.00 and $7,392,025.00 respectively. The area lies within County Commission Districts 1 and 2. The Agency's revenue source is tax increment financing. The amended FY 2023-24 budget includes $736,756 in County TIF, $1,512,442 in City TIF, $4,713,883 in carryover, and $50,000 in miscellaneous revenue. The amended FY 2024-25 budget includes $898,252 in County TIF, $1,774,382 in City TIF, $4,569,391 in carryover, and $150,000 in interest earnings. The Agency and redevelopment area are scheduled to sunset in 2033. Adopted by the Board of County Commissioners on 7/21/2026.