MIAMI GARDENS CRA FY24-25 BUDGET

Board of County Commissioners · 2026-06-16 · resolution

The document is a legislative item for the Miami-Dade Board of County Commissioners, file number 260711, a resolution (R-532-26) approving the amended FY 2024-25 budget for the Miami Gardens Community Redevelopment Agency and the Miami Gardens Community Redevelopment Area, totaling $9,039,122.00. The resolution was introduced on 4/20/2026, forwarded with a favorable recommendation by the Intergovernmental and Economic Impact Committee on 5/13/2026, and adopted by the Board of County Commissioners on 6/16/2026. The budget includes $1,262,167 in County TIF, $1,447,737 in City TIF, $100,000 in interest, and $6,229,218 in carryover funds. Expenditures include $7,291,329 for the Miami Gardens Performing Arts Center reserves, $1,404,143 for professional services, $315,542 for the Agency's SMART Plan contribution, $18,933 for the County's administrative charge, and $9,175 for operating expenses. The redevelopment area lies within Commission District 1, represented by Commissioner Oliver G. Gilbert, III. The Agency and redevelopment area will sunset in 2039. The budget was adopted by the Agency and City on July 9, 2025, through Resolution No. CRA-2025-003-022 and Resolution No. 2025-081-2383, respectively, to account for an increase in interest earnings, prior year's carryover, and projected expenses related to the Performing Arts Center. The original FY 2024-25 budget was $8,845,188, adopted on September 25, 2024. The document does not state a specific street address, parcel, or acreage for a construction project.