SEOPW CRA FY 2025-26 BUDGET

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

The document is a legislative item 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 redevelopment area is located within County Commission Districts 3 and 5. The budget was adopted by the Board of County Commissioners on 7/21/2026. 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, and a Children's Trust contribution of $2,252,986. The Agency's administrative expenditures are $6,709,741. Operating expenses total $95,769,235. Reserve for designated purposes total $178,318,716. The Agency and redevelopment area sunset on March 31, 2042. The document does not state a specific street address, parcel, or acreage for a construction project.