SEOPW CRA FY 2025-26 BUDGET

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

Miami-Dade County Commission adopted Resolution R-619-26, approving the Fiscal Year 2025-2026 budget of $280,997,692.00 for the Southeast Overtown Park West Community Redevelopment Agency and Area. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Operating expenses include significant allocations for Grants and Aid, debt service, and professional/contractual services. Reserves are designated for capital projects, affordable housing, non-TIF funded projects, property maintenance, and policing initiatives. The document notes that projects are budgeted on a cash basis and not initiated until funding is secured. No specific contractors are mentioned as this item approves the overall agency budget.