Hallandale Beach CRA reviews $59.4 million draft FY‑2025/26 budget, highlights affordable housing and streetscape spending

The City of Hallandale Beach Community Redevelopment Agency (CRA) Board of Directors reviewed a draft FY 2025–26 budget Wednesday and discussed allocations including about $14 million for affordable housing land acquisition and $1.5 million for District 8 streetscape work, while staff answered questions about a popular hurricane-window/shutter program and ongoing coordination with the FEC parking‑lot owner.

The draft budget presented by Executive Director Dr. Earl and Finance and Budget Manager Jalon Carlson sets total expected revenues at approximately $59,400,000, led by tax‑increment financing (TIF) revenue of about $31,700,000. "The final budget will be presented on September 29, the same night as the city commission's final reading of their budget," Executive Director Dr. Earl said during the presentation.

Why it matters: the CRA controls TIF and other redevelopment dollars that fund capital projects, small‑business grants and residential aid inside the CRA boundaries. The board’s allocations will shape near‑term investments in affordable units, streetscape work along Dixie Highway and District 8, and several resident assistance programs that have seen heavy demand.

Key budget numbers and priorities

- Total projected FY 2025–26 revenue: approximately $59,400,000; major TIF share: about $31,700,000 (53% of projected revenues). - City portion of TIF: about $17,300,000; Broward County portion: about $13,200,000; Children's Services Council: $1,100,000; South Broward Hospital District: $200,000. - Carryforward from FY25: approximately $26,600,000 (about $25,000,000 in general fund carryforward and $1,600,000 related to the…