2. Request Agency approval of a Resolution Amending the FY26 Budget, BAF# 26-031

Diamond Square Community Redevelopment Agency Meeting · 2026-04-20 · agenda_item

The Diamond Square Community Redevelopment Agency is considering a budget amendment for Fiscal Year 26. This amendment, identified as BAF# 26-031-A, involves an adjustment of $47,734. The purpose is to align the budget with actual Tax Increment Financing (TIF) revenues received from the county, which differ from initial projections. This is a standard annual process to correct revenue accounts. The agency has reviewed this item and it has passed unanimously. This budget adjustment is a procedural step and does not involve new construction or direct contracting opportunities at this time. Businesses interested in future redevelopment projects should monitor agency activities.

FY26 Budget Amendment Amount

47734 $

Budget Amendment Identifier

26-031-A

Related Budget Amendment Identifier

26-029

Vote Count

7 -0