HomeMy WebLinkAboutCRA-R-15-0001 Cover MemoSEOPW Board of Commissioners Meeting
February 23, 2015
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Keon Hardemon
and Members of the CRA Board
Date: February 13, 2015 File: 15-00192
From: Clarence E. Woods, III eij References:
Executive Director
Subject: Resolution Approving the CRA's FY 2015
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, 2014
ending September 30, 2015.
JUSTIFICATION:
On July 30, 2014, the CRA's Board of Commissioners, by Resolution No. CRA-R-14-0054 approved and
adopted the Tax Increment Fund and General Operating Budget for FY 2015 based on estimates of tax
increment funds expected to be received in early January 2015. The Budget has been amended to reflect the
amount of tax increment funds actually received in January 2015 from each taxing authority that contributes to
the CRA's Redevelopment Trust Fund.