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Delray Beach CRA opens FY2026–27 budget process, flags $45M for Pompeii Park
Summary
CRA staff said the agency is beginning its FY2026–27 budget review, noted $45 million currently budgeted for Pompeii Park and flagged the Northwest Neighborhood Infrastructure Project as likely to require city-issued bonds with CRA debt service obligations; staff will return more concrete numbers in July.
The Delray Beach Community Redevelopment Agency began its FY2026–27 budget process at the May 26 meeting, with staff outlining priorities and noting several large, ongoing projects that will shape next year's spending.
A staff presenter said the CRA has not yet received the city's formal budget request and that the current session was intended as a high‑level planning conversation. "We have not received the city's budget request yet. So we're just looking really high level," the presenter said.
Staff highlighted recurring funding categories — capital improvements, the Clean and Safe program, contractual services (including housing rehab inspection and code enforcement) and project management — and called out property maintenance projects such as the nearly finished improvements at 95 Southwest Fifth Avenue and the ongoing arts warehouse renovations. The presenter also noted a future ribbon-cutting for 95 Southwest Fifth Avenue.
On long‑term projects, staff told the board that $45 million is currently budgeted for Pompeii Park and that the Northwest Neighborhood Infrastructure Project carries high cost estimates. "We do have 45 million currently in the budget, so that's for sure already budgeted for Pompeii," the presenter said. Staff said the Northwest project will likely involve bonds issued by the city, with the CRA responsible for paying debt service once contracts are executed.
Board members discussed timing and the agency's diminishing statutory life as factors that affect financing choices, and staff said they expect to have more concrete numbers by July once the city's request and other inputs are available. Staff recommended that funds generally be transferred to the city after the city approves and enters contracts for projects the CRA funds.
Next steps: staff will prepare a draft CRA budget after reviewing the city's request (expected in mid‑June), present more detailed numbers in July (or August if needed), and return to the board for further direction and any required amendments.
