26-0127 CRA: DELRAY BEACH COMMUNITY REDEVELOPMENT AGENCY BUDGET AMENDMENT NO. 2, FISCAL YEAR 2025-2026

Description

DELRAY BEACH COMMUNITY REDEVELOPMENT AGENCY BUDGET AMENDMENT NO. 2, FISCAL YEAR 2025-2026

Summary

The Delray Beach Community Redevelopment Agency (CRA) proposed Resolution No. 2026-09 to adopt Budget Amendment No. 2 for fiscal year 2025–2026, effective immediately upon approval. The amendment reallocates the existing $108.6 million budget without changing total revenues or expenditures. It reduces funding for Northwest Neighborhood Improvements by $771,000 and the Green Market Program by $60,000, while increasing allocations for maintenance and renovation at CRA-owned properties, Arts Warehouse capital improvements, program costs, storage, and Roosevelt Avenue affordable/workforce housing design. The changes affect CRA projects, programs, property operations, and redevelopment investments throughout Delray Beach. Adoption authorizes updated appropriations, preserves the remainder of the resolution if any provision is invalid, and repeals conflicting provisions.