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CRA reviews FY25 budget and launches visioning for downtown government campus tied to rail connectivity

Boca Raton Community Redevelopment Agency · August 26, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At a budget workshop the CRA discussed a FY25 proposed budget with $26M in projected revenue and $60.5M in expenditures, and held a broad visioning session about a downtown government campus connected to Brightline/commuter rail with priorities including walkability, a community‑facing city hall, and potential public‑private partnerships.

The Boca Raton CRA used its Aug. 26 meeting to preview the FY25 proposed budget and to hold an extended visioning discussion about a potential downtown government campus tied to rail and multimodal connections.

Stephen Timberlake, special projects manager with Financial Services, summarized highlights of the FY25 CRA proposal: anticipated revenue of about $26 million (with tax increment revenue roughly $22.5 million), total proposed expenses around $60.5 million, capital outlay plans near $22 million and specific appropriations to carry forward for projects including downtown Palmetto Park Road improvements and traffic lighting.…

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