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Downtown Development Authority millage, budget approved on first reading after changes
Summary
The Miami Downtown Development Authority presented a reduced millage and a smaller budget; the commission approved the DDA millage on first reading and approved the DDA budget as amended after commissioners negotiated reallocations toward homelessness, small‑business grants and enhanced services.
The Miami Downtown Development Authority (DDA) told the City Commission it had trimmed its proposed budget and millage and proposed increased spending on homelessness response and small‑business support; the commission approved the DDA millage on first reading and later approved the DDA’s operating budget as amended.
DDA Executive Director Christina Crespi told the commission the DDA’s proposed budget is about $1 million below the preceding year and that the proposed millage rate of 0.39 mills is lower than last year’s rate and below the rollback rate the DDA previously used for comparison. Crespi said the DDA is directing more funds toward downtown cleanliness, security, homelessness assistance and small‑business support while trimming administrative costs.
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