Title
Community Redevelopment Agency FY19-20 Proposed 2-Year Budget (B)
Explanation
In 2017, the CRA engaged in a robust community outreach and strategic planning process. From these efforts, a 5-Year Roadmap was developed to provide guidance on community initiatives, partnerships, and economic development opportunities in FY19-23 that align with the redevelopment objectives for each district. The CRA board adopted the 5-Year Roadmap in March 2018.
The Proposed FY19-FY20 Workplan and Budget provide additional, specific direction and designates appropriate resources to support the initiatives identified through the strategic planning process. Staff will provide an overview of the proposed FY19-FY20 budget that would go into effect October 1, 2018. Staff will also review the projected impact of the reduction in the tax increment funding contributions from Alachua County for redevelopment efforts in the College Park/ University Heights CRA.
Fiscal Note
None
Recommendation
CRA Executive Director to CRA Board: Approve the FY19-20 Proposed Budget as presented and modified, if applicable.
Back-up
Power Point