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Riviera Beach CRA previews FY2026 budget; board asks for dedicated workshop and more itemized detail
Summary
CRA staff presented a draft FY2026 budget showing an expected TIF increase of roughly $1.2 million and total resources of about $19 million. Commissioners asked for a separate, two‑hour workshop, itemized salary/benefit breakdowns, project appraisals and clarification of previously budgeted commitments before final adoption.
CRA staff presented a draft FY2026 budget to the board on Aug. 27 and outlined revenue assumptions, proposed program funding and capital commitments. The board did not adopt the budget at the meeting and directed staff to schedule a dedicated workshop to review line‑by‑line details before adoption.
Primary figures presented: Executive Director Jadel Mercius told the board the draft budget assumes a TIF (tax increment financing) revenue increase of about $1.2 million for full‑year FY2026, other revenue of roughly $492,951 (Marina/Event Center and related revenue), and a carryover of approximately $4,155,543, yielding an overall proposed budget near $19 million.
Major…
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