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CRA presents draft budget: land acquisition and infrastructure projects highlighted, multiple projects rolled to FY26
Summary
CRA staff reviewed a draft budget that includes $477,000 for land acquisition and shows capital projects such as Eighth Street improvements, Clock Plaza renovation and park signage; several bids are out to come in September and staff said some projects will carry forward to the next fiscal year.
CRA staff presented an informational update Aug. 25 on the agency’s draft budget and capital priorities, including land acquisition, multiple neighborhood and downtown infrastructure projects and funding rollovers to the next fiscal year.
Why it matters: The CRA budget directs local investment in downtown connectivity, public spaces and targeted property acquisition aimed at removing blight and supporting redevelopment in the defined CRA district.
Staff described capital priorities that appear in the draft: a…
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