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Budget Resolution 2026-171 to adopt the Fiscal Year 2026-27 budget for the Downtown Development fund in the amount of $856,159

City Council · 2026-09-15 · agenda_item

The City of Ocala is considering a budget resolution for the Downtown Development fund for Fiscal Year 2026-27. This budget is planned with a total amount of $856,159. The item is currently pending before the City Council. While this is a budget resolution and not a specific construction project, the adoption of this budget will set aside funds for future downtown development activities. These activities could include various phases of work such as site preparation, infrastructure improvements, and construction. Local contractors, trades, suppliers, and service providers are encouraged to monitor this budget adoption process. Engaging early, before specific projects are defined and bid, allows businesses to understand potential future needs and position themselves for upcoming opportunities.

Fiscal Year 2026-27 budget
856,159 $

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