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 (CRA) and the Miami Gardens Community Redevelopment Area. The total budget is $13,491,027. A key condition for the budget's effectiveness is the successful 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 Mayor or designee. This agreement would allow the County to use the center for at least six official events annually at no cost. If this agreement cannot be 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 reserves ($10,651,409) and professional services related to it ($2,000,000), as well as contributions to the Agency's SMART Plan ($500,418) and infrastructure improvements ($300,000). The CRA's revenue sources are tax increment financing (TIF) from Miami-Dade County ($2,001,673) and the City of Miami Gardens ($3,035,463), along with interest and projected carryover funds.