TO: CRA Board of Commissioners
FROM: Gina Clayton, Finance & Operations Director
THROUGH: Renée A. Jadusingh, Esq., Executive Director
DATE: September 28, 2023
Title
RESOLUTION NO. 2023-06 - ADOPTION OF DELRAY BEACH COMMUNITY REDEVELOPMENT AGENCY FISCAL YEAR 2023-2024 BUDGET
Body
Recommended Action:
Recommendation
Approve CRA Resolution No. 2023-06 adopting Delray Beach Community Redevelopment Agency Fiscal Year 2023-2024 Budget.
Body
Background:
Attached please find the CRA Budget for FY 2023- 2024 as well as Resolution No. 2023-06 adopting the CRA’s FY 2023-2024 Budget. The Budget include projects and programs that emphasize the elimination or redevelopment of blighted structures, street beautification, parking improvements, community policing, affordable housing, historical preservation, economic development initiatives and support of cultural facilities that help to achieve the CRA’s mission for a revitalized district.
This year’s budget process involved discussion of the various revenues, expenditures, and funding requests at three (3) CRA Board Meetings (June 1st, July 25th, and August 22nd ).
We will remain focused on addressing overall needs within the Community Redevelopment Area from Delray Beach CRA Redevelopment Plan listed below:
• Recreation and Cultural Facilities
• Removal of Slum and Blight
• Land Use
• Economic Development
• Affordable Housing
• Downtown Housing
• Infrastructure
Attachment(s): Exhibit A - Resolution No. 2022-06 &- FY 2023-2024 CRA Budget; Exhibit B - CRA Work Plan & Budget
CRA Attorney Review:
N/A
Finance Review:
Reviewed and prepared by Gina Clayton, CRA Finance & Operation Director.
Funding Source/Financial Impact:
N/A
Overall need within the Community Redevelopment Area from Delray Beach CRA Redevelopment Plan:
Removal of Slum and Blight
Land Use
Economic Development
Affordable Housing
Downtown Housing
Infrastructure
Recreation and Cultural Facilities