HomeMy WebLinkAboutMemo - Midtown CRAMIDTOWN COMMUNITY REDEVELOPMENT DISTRICT
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To Board Chair Ken Russell Dalr, Monday, September 13r, 2021 File
and Members of the CRA Board
From: Pieter A Bockweg
Executive Director
BACKGROUND:
Subject Midtown CRA's 2022 Proposed Budget
References
Enclosures: Legislation
It is recommended that the Board of Commissioners of the Midtown Redevelopment District Community
Redevelopment Agency ("CRA") approve and adopt the attached Resolution, with attachment(s), adopting the
2022 proposed budget of the Midtown Community Redevelopment Agency in the amount of $20,638,417, for
the fiscal year commencing October 1, 2021 ending September 30, 2022, Further directing the Executive
Director to transmit a copy of the 2022 proposed budget to the City of Miami and Miami -Dade County.
JUSTIFICATION:
The Intedocal Agreement requires the Midtown CRA to annually prepare a proposed budget and to amend the
budget so as to reflect the actual tax increment funds received in the fiscal year.
This Resolution fulfills this requirement.