OPA-LOCKA CRA AMENDED FY 2023-24

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

Miami-Dade County Board of County Commissioners is considering approving amended Fiscal Year 2023-2024 and Fiscal Year 2024-2025 budgets for the Opa-Locka Community Redevelopment Agency and the Opa-Locka Community Redevelopment Area. The total amended budget for FY 2023-24 is $7,013,081.00, and for FY 2024-25 is $7,392,025.00. These budgets are funded through tax increment financing (TIF) and include allocations for administrative expenditures, operating expenditures (such as commercial grants, professional services, and micro business grants), and capital projects (including infrastructure grants, development assistance, housing initiatives, and building purchases). The Intergovernmental and Economic Impact Committee forwarded the item to the Board of County Commissioners with a favorable recommendation. The agency and redevelopment area are scheduled to sunset in 2033. No specific contractors are identified in this budget approval process.