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HomeMy WebLinkAboutMemo - Midtown CRAMIDTOWN COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Members of the CRA Board Date: August 3, 2023 File: Subject: From: Anthony Balzebre, References: Executive Director Midtown CRA Proposed General Operating & Tax Increment Fund Budget for Fiscal Year 2024. Enclosures: Exhibit A-CRA Proposed Budget BACKGROUND: It is recommended that the Board of Commissioners of the Midtown Community Redevelopment Agency approve the attached Resolution adopting the proposed Midtown CRA Tax Increment Fund Budget for the Fiscal Year commencing October 1, 2023 and ending September 30, 2024, and directing the Executive Director to transmit copies of the Budget to the City of Miami and Miami -Dade County. JUSTIFICATION: The Midtown CRA is required to annually prepare a proposed budget and transmit the budget to the City of Miami and Miami -Dade County. This resolution fulfills that requirement.