SEOPW CRA FY 2025-26 BUDGET

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

The Miami-Dade Board of County Commissioners adopted Resolution R-619-26, approving the FY 2025-26 budget of $280,997,692 for the Southeast Overtown/Park West Community Redevelopment Agency and the Southeast Overtown/Park West Community Redevelopment Area. The budget includes $22,188,418 in County TIF, $34,618,589 in City TIF, $44,644,511 in carryover, $173,265,830 in Bond Series 2025A proceeds, $4,027,358 in non-TIF revenue, and $2,252,986 from the Children's Trust. The Agency's administrative expenditures are $6,709,741, operating expenses total $95,769,235, and reserves for designated purposes total $178,318,716. The redevelopment area is located within County Commission Districts 3 and 5. The Agency and redevelopment area sunset on March 31, 2042.