3. FY 2024- 2025 WEST MELBOURNE- BREVARD COUNTY JOINT COMMUNITY

Community Redevelopment Agency · 2026-05-19 · agenda_item

The West Melbourne-Brevard County Joint Community Redevelopment Agency (CRA) is reviewing its annual report, which outlines planned and ongoing activities. The CRA's focus includes stormwater drainage related to Ellis Road, broader stormwater and sewer improvements within the CRA, and street lighting. Future projects under consideration involve a retention pond/park, additional sewer improvements, and continued work on the Ellis Road project. This annual report is a requirement by the State and details the CRA's revenues, including Tax Increment Financing (TIF), and expenditures. The CRA receives TIF funding to program projects that align with its goals. Contractors and suppliers involved in civil engineering, utility work, and general construction may find opportunities as these projects progress through planning and potential future implementation phases. Early engagement is advised as the CRA determines specific project scopes and funding allocations.

Tax Increment Financing (TIF) for 2024-25

789,905

Ellis Road widening project funding from CRA

1.6 million

Ellis Road widening project funding from Brevard County

50 million

Expenditure

4,295