SEOPW CRA FY 2025-26 BUDGET

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

The Miami-Dade County Board of County Commissioners adopted Resolution R-619-26, approving the Fiscal Year 2025-2026 budget 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 includes $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, and $2,252,986 from the Children's Trust Fund. The redevelopment area is located within County Commission Districts 3 and 5. The Agency and redevelopment area sunset on March 31, 2042. The budget was adopted by the Agency on September 11, 2025, and by the City on September 25, 2025. The Board action occurred on July 21, 2026.