Description
Title: CRA FINANCIAL REPORT - JANUARY 2026
Summary
The document presents the financial report for the City of Delray Beach's Community Redevelopment Agency (CRA) for January 2026. It includes the Statement of Net Assets and the Statement of Activities, detailing the CRA's financial status and performance against its budget. Key assets total approximately $192.7 million, with significant cash holdings and capital assets primarily related to redevelopment projects. The report indicates revenue from Tax Increment Financing (TIF) and other sources, totaling over $107.7 million year-to-date. Expenditures are outlined across various redevelopment projects, neighborhood plans, and administrative costs. The report serves to inform the CRA Board of Commissioners about the financial health and budgetary adherence of the agency, impacting community development efforts and transparency in local governance