Budget Resolution 2026-142 to amend the Fiscal Year 2025-26 budget to appropriate additional funding from the East Ocala Community Redevelopment Area Reserve for Fund Balance to support redevelopment grants in the amount of $358,000

City Council · 2026-05-19 · agenda_item

The City Council of Ocala has approved Budget Resolution 2026-142. This resolution will add $358,000 to the Fiscal Year 2025-26 budget. The funds will come from the East Ocala Community Redevelopment Area Reserve for Fund Balance. This money is intended to support redevelopment grants. The approval means that funding is now available for these grants. Local businesses that provide services related to community redevelopment or construction may find opportunities. Reaching out to the city or potential grant recipients early could provide insight into upcoming needs before specific projects are finalized.