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TIDA outlines FY26–27 budget planning, warns of declining residential leasing revenue and proposes new reserve policy
Summary
TIDA finance staff briefed the board on the FY26–27 budget process, citing structural declines in residential leasing revenues and proposing a new reserve policy and structural budget changes to shift eligible costs to DDA subsidies and the CFD to protect operations.
TIDA’s finance manager briefed the board on the upcoming FY26–27 budget process and recommended structural changes to protect the authority cost budget amid declining residential leasing revenues.
Jamie Krugman (finance manager) said TIDA will present a two‑year budget in January and noted three budget components: the authority cost budget (funded by TIDA lease revenues), the city cost budget (development costs…
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