MIAMI GARDENS CRA FY25-25 BUDGET

Board of County Commissioners · 2026-06-16 · resolution

The Miami-Dade Board of County Commissioners adopted a resolution approving the amended Fiscal Year 2025-26 budget for the Miami Gardens Community Redevelopment Agency and Area, totaling $13,491,027.00. This approval is contingent upon the negotiation of a right-to-use agreement for the Miami Gardens Performing Arts Center (also known as the North Dade Cultural Arts Center) by the County, requiring at least six official County events per year at no cost. If the agreement is not successfully negotiated within 60 days of the resolution's effective date, the resolution will be void. The budget includes significant allocations for the Performing Arts Center ($10,651,409 for reserves and $2,000,000 for professional services), infrastructure improvements ($300,000), and administrative charges. The funding sources are tax increment financing (TIF) from Miami-Dade County ($2,001,673) and the City of Miami Gardens ($3,035,463), interest ($100,000), and projected carryover funds ($8,353,891). The redevelopment area is located within Commission District 1 and is set to sunset in 2039.