RELATING TO CRA BUDGETS

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

This resolution establishes standardized budget requirements for Community Redevelopment Agencies (CRAs) in Miami-Dade County. It mandates specific formats, line-item categories, and supporting documentation for annual and amended budgets submitted for Board approval. The goal is to enhance transparency, consistency, accountability, and efficiency in budget review and oversight. Key requirements include a standardized template, detailed operating and capital budgets (personnel, operating expenditures, 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 financial forecasts, and debt schedules. The County Mayor or designee is directed to develop and implement these requirements and provide technical assistance to CRAs. This resolution applies to budgets submitted for fiscal years commencing after its adoption.