RELATING TO CRA BUDGETS

Intergovernmental and Economic Impact Committee · 2026-04-15 · resolution

Miami-Dade County adopted a resolution establishing standardized budget requirements for Community Redevelopment Agencies (CRAs) submitting annual and amended budgets for Board approval. The resolution directs the County Mayor or designee to implement these requirements, which include standardized templates, detailed line-item budgets (personnel, operating, professional services, debt service, capital projects, programmatic expenditures, reserves), projected revenue summaries, project-level expenditure breakdowns, administrative cost percentages, comparisons to prior year budgets, multi-year forecasts, and debt schedules. This aims to enhance transparency, consistency, and oversight. The resolution was adopted on May 5, 2026, following a favorable recommendation from the Intergovernmental and Economic Impact Committee on April 15, 2026.