HomeMy WebLinkAboutCRA-R-14-0010 Cover MemoSEOPW Board of Commissioners Meeting
February 24, 2014
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Keon Hardemon Date: February 15, 2014 File:14-00153
and Members of the CRA Board
From: Clarence E. Woods, III0)
References:
Executive Director
Subject: Resolution Approving the CRA's FY 2014
Amended Budget
Enclosures: Legislation
BACKGROUND:
It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community
Redevelopment Agency ('CRA") adopt the attached Resolution approving and adopting the amended Tax
Increment Fund and General Operating Budget of the CRA for the fiscal year commencing October 1, 2013 and
ending September 30, 2014.
JUSTIFICATION:
On July 25, 2013, the CRA's Board of Commissioners, by Resolution No. CRA-R-13-0050, approved and
adopted the Tax Increment Fund and General Operating Budget for FY 2014 based on estimates of tax
increments funds expected to be received in early January 2014. The Budget has been amended to reflect the
amount of tax increment funds actually received in January 2014 from each taxing authority that contributes to
the CRA's Redevelopment Trust Fund.