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Dade City CRA adopts FY2025-26 budget, approves interlocal agreement to reimburse city services
Summary
The Dade City Community Redevelopment Agency unanimously adopted its FY2025-26 budget and approved an interlocal agreement to transfer CRA increment revenues to the city general fund to reimburse city services.
The Dade City Community Redevelopment Agency (CRA) board unanimously adopted its fiscal year 2025-26 budget and approved an interlocal agreement that transfers increment revenues to the city general fund to reimburse services provided to the CRA.
The CRA budget resolution (Resolution 2025-02) establishes the CRA’s planned revenues and project expenditures for the coming fiscal year and clarifies that revenues must be expended or reserved for projects or may be subject to repayment to the county or city if unused. The CRA also approved an interlocal agreement (CRA Agreement 2025-01 with accompanying City Agreement 2025-38) authorizing transfers to the general fund to…
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