Title
ORDINANCE NO. CRA-24O-09-109: CITY OF LAUDERHILL COMMUNITY REDEVELOPMENT AGENCY: AN ORDINANCE OF THE COMMUNITY REDEVELOPMENT AGENCY (CRA) MAKING APPROPRIATIONS FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025, FOR THE CENTRAL CRA IN THE TOTAL AMOUNT OF $115,500.00 AND FOR THE EASTERN CRA IN THE TOTAL AMOUNT OF $1,609,249.00; ADOPTING THE FINAL OPERATING BUDGETS FOR BOTH THE CENTRAL CRA AND EASTERN CRA FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2025; PROVIDING FOR AN EFFECTIVE DATE.
Body
Request Action:
Pass an Ordinance approving the Lauderhill CRA Fiscal Year 2025 final operating budget for the Central CRA in the amount of $115,500.00 and approving the Fiscal Year 2025 final operating budget for the Eastern CRA in the amount of $1,609,249.00.
Need:
To approve the final CRA operating budgets for both the Central and Eastern CRAs.
Summary Explanation/ Background:
Pass an Ordinance to approve the final operating budget for the City of Lauderhill Central Community Redevelopment Agency (CRA) for Fiscal Year 2025 in the amount of $115,500.00 and for the Eastern Community Redevelopment Agency (CRA) for Fiscal Year 2025 in the amount of $1,609,249.00; both which are to be incorporated into the overall City of Lauderhill general operating budget for Fiscal Year 2025.
Attachments:
Final CRA budget for Central CRA
Final CRA budget for Eastern CRA
Cost Summary/ Fiscal Impact:
Central CRA Budget in the amount of $115,500.00
Eastern CRA Budget in the amount of $1,609,249.00