OMNI COMMUNITY CRA

Intergovernmental and Economic Impact Committee · 2026-07-15 · resolution

Miami-Dade County Board of County Commissioners is considering the amended Fiscal Year 2025-2026 budget for the Omni Community Redevelopment Agency and Area. The total amended budget is $73,064,289.00. The Intergovernmental and Economic Impact Committee forwarded this item to the Board with a favorable recommendation. The budget includes various allocations for operating and redevelopment expenses, such as professional and contractual services, grants, debt service, land acquisition, and construction projects in progress. The Omni Community Redevelopment Area is located within County Commission Districts 3 and 5. The Agency's revenue source is tax increment financing (TIF). The budget was previously approved by the Omni Community Redevelopment Agency on February 12, 2026, and the City of Miami on February 26, 2026. The redevelopment area is scheduled to sunset on July 7, 2047.