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 in the total amount of $280,997,692.00 for the Southeast Overtown Park West Community Redevelopment Agency and the Southeast Overtown/Park West Community Redevelopment Area. The budget was adopted by the Board of County Commissioners on 7/21/2026. The redevelopment area is located within County Commission Districts 3 and 5. The budget includes revenue sources of $22,188,418 in County TIF, $34,618,589 in City TIF, $44,644,511 in carryover funds, $173,265,830 in Bond Series 2025A proceeds, $4,027,358 in non-TIF revenue balance, and a Children's Trust contribution of $2,252,986. Administrative expenditures are $6,709,741, operating expenses total $95,769,235, and reserve for designated purposes total $178,318,716. The Agency and redevelopment area sunset on March 31, 2042. No specific project site, address, or construction work is described in the document.