In the heart of Hollywood City, under the bright lights of the city hall, officials gathered for a pivotal workshop on the fiscal year 2026 budget for the Community Redevelopment Agency (CRA). The meeting, held on September 25, 2025, was marked by discussions that could shape the future of both the Beach and Downtown CRA districts.

As the meeting commenced, concerns from the Beach Civic Association were addressed, highlighting issues such as funding for the executive director position and the need for improvements in the drainage system. Bob Bullickman, a representative from the association, raised four key points, including the necessity of repairing flap gates and broken pipes, as well as raising electrical boxes to enhance safety. City officials reassured attendees that significant waterproofing measures had already been implemented.

Adam Reichback, the Assistant City Manager, took the floor to present the budget details. He revealed that the taxable value for the Beach District had risen to over $4.8 billion, a 3.78% increase from the previous year. This growth translates to more than $55 million in tax increment funding (TIF), with the city set to receive nearly $8 million to support affordable housing projects. The total budget for the Beach CRA stands at over $107 million, with a substantial portion allocated for capital projects, including undergrounding utilities and enhancing coastal resiliency.

The budget breakdown revealed that personal services for CRA employees would be funded primarily through the Beach District, while operating expenditures would cover essential services such as beach maintenance and community policing. Notably, $12.3 million is earmarked for enhanced services, including community policing and beach safety initiatives.

Shifting focus to the Downtown CRA, Reichback noted that this would be the first year it operates under the Tax Increment Financing and Local Improvement Strategy (TFLIS). Broward County has committed to an annual payment of $3 million for the next five years, which will be strictly allocated for approved projects. The Downtown CRA's operating budget is set at $3 million, with funds directed towards economic development activities and property improvements.

As the meeting progressed, the board was poised to approve a series of resolutions that would formalize the budget for both districts. The discussions underscored a commitment to enhancing community infrastructure and services, reflecting the city's dedication to addressing the needs of its residents while fostering growth and development.

With the budget discussions concluded, the city looks ahead to implementing these plans, aiming to create a vibrant and resilient community for all Hollywood residents.