SEOPW CRA FY 2025-26 BUDGET

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

The document is a legislative item for the Southeast Overtown/Park West Community Redevelopment Agency (CRA) FY 2025-26 budget. The Board of County Commissioners adopted Resolution R-619-26 approving the budget in the total amount of $280,997,692.00 for the Agency and the Southeast Overtown/Park West Community Redevelopment Area. 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. Administrative expenditures are $6,709,741, operating expenses total $95,769,235, and reserves for designated purposes total $178,318,716. 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, via Resolution CRA-R-25-0047, and by the City on September 25, 2025, via Resolution R-25-0409. The Board adopted the budget on July 21, 2026. No specific project site, address, parcel, or zoning change is stated in the document.