SEOPW CRA FY 2025-26 BUDGET

Board of County Commissioners · 2026-07-21 · resolution

The document is a resolution approving the Fiscal Year 2025-2026 budget for the Southeast Overtown/Park West Community Redevelopment Agency and the Southeast Overtown/Park West Community Redevelopment Area. The budget total is $280,997,692.00. The resolution was adopted by the Board of County Commissioners on 7/21/2026. The budget includes revenue from County TIF ($22,188,418), City TIF ($34,618,589), carryover funds ($44,644,511), Bond Series 2025A proceeds ($173,265,830), non-TIF revenue ($4,027,358), and a Children's Trust contribution ($2,252,986). The redevelopment area is located within County Commission Districts 3 and 5. The Agency and redevelopment area sunset on March 31, 2042. The budget includes $6,709,741 in administrative expenditures, $95,769,235 in operating expenses, and $178,318,716 in reserves. The document does not state a specific street address, parcel, or acreage for a construction project. It does not describe a specific development project, zoning change, or construction work. The document is a budget approval, not a project approval.