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SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Board of County Commissioners is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Expenditures are allocated to administrative costs, operating expenses (including grants, debt service, land/infrastructure purchase, and professional services), and reserves for capital projects, affordable housing, non-TIF projects, property maintenance, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded the item to the Board of County Commissioners with a favorable recommendation. The item is pending BCC Assignment and has an Agenda Date of 7/21/2026.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Pending BCC Assignment (Forwarded to BCC with a favorable recommendation by Intergovernmental and Economic Impact Committee)
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Board of County Commissioners is considering the approval of the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Operating expenses include grants and aid, interfund transfers, debt service, land/infrastructure purchases, professional and contractual services, and construction-in-progress. Significant reserves are allocated for capital projects funded by bonds, affordable housing development, projects funded with non-TIF revenue, maintenance of Agency-owned properties, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners with a favorable recommendation. The CRA's budget was previously adopted by the Agency and the City of Miami. The redevelopment area is located within County Commission Districts 3 and 5. The CRA and redevelopment area are scheduled to sunset on March 31, 2042.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation (Intergovernmental and Economic Impact Committee); seeking approval from Board of County Commissioners
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Board of County Commissioners is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County ($22,188,418) and City ($34,618,589), bond proceeds ($173,265,830), a contribution from the Children's Trust Fund ($2,252,986), carryover funds ($44,644,511), and non-TIF revenue ($4,027,358). Operating expenses total $95,769,235, which includes $65,349,255 for Grants and Aid, $14,207,725 for debt service payment/reserves, $2,500,000 for purchase of land/infrastructure, and $5,704,354 for professional and contractual services. Reserves total $178,318,716, including $155,737,781 for capital projects funded by Bond Series 2025A, and $14,053,577 for affordable housing development. The Intergovernmental and Economic Impact Committee forwarded the item to the Board of County Commissioners (BCC) with a favorable recommendation on June 10, 2026. The BCC is scheduled to review this on July 21, 2026.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Pending BCC Assignment
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Commission is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Operating expenses include grants and aid, interfund transfers, debt service, land/infrastructure purchases, professional and contractual services, and construction-in-progress. Significant reserves are allocated for capital projects, affordable housing development, non-TIF funded projects, maintenance of Agency-owned properties, and policing initiatives within the CRA boundary. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners with a favorable recommendation. The CRA's life and the redevelopment area are set to sunset on March 31, 2042. The document does not state any public comment or stakeholder sentiment.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Before the Board (pending final action)
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Commission is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Operating expenses include grants and aid, interfund transfers, debt service, land/infrastructure purchases, professional and contractual services, and construction-in-progress. Significant reserves are allocated for capital projects, affordable housing, non-TIF funded projects, maintenance of Agency-owned properties, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners with a favorable recommendation. The CRA's life has been extended to March 31, 2042.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Board of County Commissioners is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County ($22,188,418) and City ($34,618,589), bond proceeds ($173,265,830), a contribution from the Children's Trust Fund ($2,252,986), carryover funds ($44,644,511), and non-TIF revenue ($4,027,358). Operating expenses are $95,769,235, which include $65,349,255 for Grants and Aid, $14,207,725 for debt service, $2,500,000 for land/infrastructure purchase, and $5,704,354 for professional and contractual services. Reserves total $178,318,716, including $155,737,781 for capital projects funded by bonds and $14,053,577 for affordable housing development. The Intergovernmental and Economic Impact Committee forwarded the item to the Board of County Commissioners (BCC) with a favorable recommendation on June 10, 2026. The BCC is scheduled to consider the budget on July 21, 2026. The CRA and redevelopment area are located within County Commission Districts 3 and 5. The CRA's life is extended through March 31, 2042.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Pending BCC Assignment (Forwarded to BCC with a favorable recommendation by Intergovernmental and Economic Impact Committee)
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Commission is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Operating expenses include grants and aid, interfund transfers, debt service, land/infrastructure purchases, professional/contractual services, and construction-in-progress. Reserves are allocated for capital projects, affordable housing, non-TIF funded projects, property maintenance, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded the item to the Board of County Commissioners (BCC) with a favorable recommendation on June 10, 2026. The BCC agenda date is July 21, 2026.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Before the Board (pending BCC approval)
- Address:
- Southeast Overtown/Park West Community Redevelopment Area
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Commission is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Operating expenses include grants and aid, interfund transfers, debt service, land/infrastructure purchases, professional/contractual services, and construction-in-progress. Significant reserves are allocated for capital projects funded by bonds, affordable housing development, non-TIF funded projects, maintenance of Agency-owned properties, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded the item to the Board of County Commissioners (BCC) with a favorable recommendation. The CRA and redevelopment area are located within County Commission Districts 3 and 5. The CRA's life is extended until March 31, 2042.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
This legislative matter concerns the approval of the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency and Area. The total budget is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from Miami-Dade County and the City of Miami, bond proceeds, carryover funds, and contributions from the Children's Trust. Expenditures are categorized into administrative, operating, and reserves for capital projects, affordable housing, non-TIF projects, property maintenance, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners (BCC) with a favorable recommendation. The BCC is the governing body responsible for approving the annual budgets of community redevelopment agencies.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation (Intergovernmental and Economic Impact Committee); Pending BCC Assignment (Board of County Commissioners)
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
This legislative item concerns the approval of the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency and Area. The total budget is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from Miami-Dade County and the City of Miami, bond proceeds, carryover funds, and a contribution from the Children's Trust. Operating expenses include grants and aid, debt service payments, purchase of land/infrastructure, and professional/contractual services. Significant reserves are allocated for capital projects, affordable housing, and other purposes. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners with a favorable recommendation. The document does not specify a street address or intersection, but refers to the Southeast Overtown/Park West Community Redevelopment Area, which is located within County Commission Districts 3 and 5. The document states that this item does not provide for contracting with any specific entity.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Commission is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Operating expenses include grants and aid, interfund transfers, debt service, land/infrastructure purchases, professional/contractual services, and construction-in-progress. Significant reserves are allocated for capital projects funded by bonds, affordable housing development, non-TIF funded projects, maintenance of Agency-owned properties, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners with a favorable recommendation. The CRA and redevelopment area are located within County Commission Districts 3 and 5. The CRA's life is extended until March 31, 2042.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Before the Board (for approval)
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Commission is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Operating expenses include grants and aid, interfund transfers, debt service, land/infrastructure purchases, professional/contractual services, and construction-in-progress. Significant reserves are allocated for capital projects, affordable housing, non-TIF funded projects, property maintenance, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners with a favorable recommendation. The CRA and redevelopment area are scheduled to sunset on March 31, 2042. The document does not list any registered lobbyists or public comment.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation (Intergovernmental and Economic Impact Committee); Pending Board of County Commissioners approval
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
This legislative matter concerns the approval of the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency and Area. The total budget is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from Miami-Dade County and the City of Miami, bond proceeds, carryover funds, and a contribution from the Children's Trust Fund. Operating expenses include grants and aid, interfund transfers, debt service payments, land/infrastructure purchases, professional services, and construction-in-progress. Significant reserves are allocated for capital projects, affordable housing, non-TIF funded projects, property maintenance, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners with a favorable recommendation. The document does not specify a street address or intersection, but it references the Southeast Overtown/Park West Community Redevelopment Area.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation
- Address:
- Southeast Overtown/Park West Community Redevelopment Area
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Commission is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Operating expenses include grants and aid, interfund transfers, debt service, land/infrastructure purchases, professional services, and construction-in-progress. Significant reserves are allocated for capital projects, affordable housing, non-TIF funded projects, property maintenance, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners with a favorable recommendation. The document does not list any registered lobbyists or public comment.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Before the Board (pending final action)
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
This legislative matter concerns the approval of the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency and Area. The total budget is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from Miami-Dade County and the City of Miami, bond proceeds, carryover funds, and a contribution from the Children's Trust Fund. Operating expenses include grants and aid, interfund transfers, debt service payments, land/infrastructure purchases, professional/contractual services, and construction-in-progress. Significant reserves are allocated for capital projects, affordable housing, non-TIF funded projects, maintenance of Agency-owned properties, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners (BCC) with a favorable recommendation. The BCC is scheduled to consider this on 7/21/2026.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Pending BCC Assignment (forwarded with favorable recommendation by Intergovernmental and Economic Impact Committee)
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Commission 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 Area. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Operating expenses include significant allocations for Grants and Aid, debt service, and professional/contractual services. Reserves are designated for capital projects, affordable housing, non-TIF funded projects, property maintenance, and policing initiatives. The document notes that projects are budgeted on a cash basis and not initiated until funding is secured. No specific contractors are mentioned as this item approves the overall agency budget.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Adopted
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Board of County Commissioners is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, carryover funds, and non-TIF revenue. Expenditures are allocated to administrative costs, operating expenses (including grants and aid, debt service, land/infrastructure purchase, professional services), and reserves for capital projects, affordable housing, non-TIF projects, property maintenance, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded the item to the Board of County Commissioners with a favorable recommendation. The budget was previously adopted by the Agency and the City of Miami. The redevelopment area is located within County Commission Districts 3 and 5. The CRA and redevelopment area are scheduled to sunset on March 31, 2042.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Pending BCC Assignment (recommendation for approval)
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
Miami-Dade County Board of County Commissioners is considering the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget amount is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from the County and City, bond proceeds, a contribution from the Children's Trust Fund, carryover funds, and non-TIF revenue. Expenditures are categorized into administrative, operating, and reserves for designated purposes, including capital projects, affordable housing, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded the item to the Board of County Commissioners with a favorable recommendation. The item is scheduled for an Agenda Date of 7/21/2026.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Pending BCC Assignment (recommendation for approval)
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
This legislative matter concerns the approval of the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency (CRA) and the Southeast Overtown/Park West Community Redevelopment Area. The total budget is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from Miami-Dade County and the City of Miami, bond proceeds, a contribution from the Children's Trust Fund, and carryover funds. Expenditures are categorized into administrative, operating, and reserves for capital projects, affordable housing, non-TIF revenue projects, property maintenance, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners (BCC) with a favorable recommendation. The BCC is the governing body responsible for approving the CRA's annual budgets. The redevelopment area is located within County Commission Districts 3 and 5. The CRA and redevelopment area are scheduled to sunset on March 31, 2042. The document does not state specific construction projects or contracting opportunities, but rather approves the overall budget for the CRA's activities.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Approved (recommended by Intergovernmental and Economic Impact Committee, pending BCC assignment)
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
SEOPW CRA FY 2025-26 BUDGET
This legislative item concerns the approval of the Fiscal Year 2025-2026 budget for the Southeast Overtown Park West Community Redevelopment Agency and Area. The total budget is $280,997,692.00. The budget includes various revenue sources such as Tax Increment Financing (TIF) from Miami-Dade County and the City of Miami, bond proceeds, carryover funds, and a contribution from the Children's Trust Fund. Operating expenses include grants and aid, interfund transfers, debt service payments, purchase of land/infrastructure, professional and contractual services, and construction-in-progress. Significant reserves are allocated for capital projects, affordable housing, non-TIF funded projects, maintenance of Agency-owned properties, and policing initiatives. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners with a favorable recommendation. The document does not state any public comment or stakeholder sentiment.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation
- Applicant:
- Southeast Overtown Park West Community Redevelopment Agency
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