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Central City advisory board approves reallocation of unspent FY25 funds to operations and incentives
Summary
The Central City CRA advisory board approved a staff‑proposed budget amendment to reappropriate unspent FY25 funds — including staffing, advertising and incentives — into FY26 accounts and preserve reserves for upcoming projects.
The Central City Community Redevelopment Agency advisory board voted to approve a budget amendment that reallocates unspent fiscal year 2025 funds into FY26 operations and incentive accounts.
Planning staff reported the CRA had $879,005.68 in unspent incentive dollars and $19,004.30 in operations from FY25 and recommended moving those balances into FY26. Staff detailed proposed allocations that include a $100,000 placeholder for a new Central…
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