September 3, 2026 Northeast CRA Board Special Meeting Agenda Packet.ada

September 3, 2026 Northeast CRA Board Special Meeting · 2026-09-03 · agenda_packet

The document is a public meeting agenda packet for the Mount Dora Northeast Community Redevelopment Agency Board meeting on September 3, 2026. The sole action item is a request to adopt Resolution No. 2026-28, approving the Fiscal Year 2026-2027 Annual Budget for the Northeast CRA. The proposed budget is $3,456,478, with revenue from City tax increment ($983,132), County tax increment ($784,382), estimated carryover ($1,676,444), and investment income ($12,520). Expenses include contractual services ($35,000), operating ($734,763), resource center operating ($130,000), economic development/incentives ($50,000), administrative services allocation ($94,565), property/casualty/auto insurance premiums ($40,000), transfer to debt service fund 201 ($2,107,150), and capital improvement projects for property purchase ($200,000), signage and community beautification ($20,000), information kiosks ($25,000), and public safety streetlight improvements ($20,000). The recommendation is for the Board to approve the resolution. No public comment or stakeholder sentiment is stated in the document.