TITLE
RESOLUTION APPROVING THE FISCAL YEAR 2025-2026 BUDGET FOR THE FLORIDA CITY COMMUNITY REDEVELOPMENT AGENCY AND THE FLORIDA CITY COMMUNITY REDEVELOPMENT AREA IN THE TOTAL AMOUNT OF $16,131,007.00

BODY
WHEREAS, the Interlocal Cooperation Agreement (�interlocal agreement�) between Miami-Dade County, Florida, the City of Florida City, Florida (�City�), and the Florida City Community Redevelopment Agency (�Agency�) and section 163.387, Florida Statutes, requires the Agency to transmit its adopted annual budget for the Florida City Community Redevelopment Area (�area�) to this Board for approval; and

WHEREAS, on September 23, 2025, the Agency adopted the Agency�s Fiscal Year 2025-2026 budget (�budget�) for the area through Resolution No. 25-02; and

WHEREAS, on September 23, 2025, the City adopted the Agency�s budget for the area through Resolution No. 25-46; and

WHEREAS, the Agency and its counsel have determined that all expenditures associated with the attached budget are allowable under the redevelopment plan, interlocal agreement and chapter 163, part III, Florida Statutes; and

WHEREAS, this Board desires to approve the Fiscal Year 2025-2026 budget in the total amount of $16,131,007.00 for the Agency and the area; and

WHEREAS, this Board desires to accomplish the purpose outlined in the accompanying County Mayor's memorandum, a copy of which is incorporated herein by reference,

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA, that:

Section 1. The matters contained in the foregoing recitals and the accompanying County Mayor's memorandum are incorporated in this resolution by reference.

Section 2. This Board approves the Fiscal Year 2025-2026 budget for the Florida City Community Redevelopment Agency and the Florida City Community Redevelopment Area in the total amount of $16,131,007.00, in substantially the form attached hereto as Exhibit �1� and incorporated herein by reference.

HEADER
Date:

To: Honorable Chairman Anthony Rodriguez
and Members, Board of County Commissioners

From: Daniella Levine Cava
Mayor

Subject: Florida City Community Redevelopment Agency FY 2025-26 Budget

STAFF RECOMMENDATION
Executive Summary
This item transmits to the Board of County Commissioners (Board) for approval, the FY 2025-26 Budget for the Florida City Community Redevelopment Agency (Agency). Pursuant to section 163.387, Florida Statutes, the Board is the governing body of all community redevelopment agencies (CRAs) in Miami-Dade County and all annual CRA budgets and budget amendments are submitted to the Board for approval. A summary of the Agency�s budget is provided in this memorandum, and the Agency�s line-item budget is attached as Attachments A and B to this memorandum. The Agency and its counsel have determined that all expenditures associated with its budget are allowable under the Agency�s Redevelopment Plan, the Interlocal Cooperation Agreement with the County, and chapter 163, part III, Florida Statutes. Additionally, the City of Florida City (City), via City Resolution No. 25-46 (Attachment B), and the Agency, via CRA Resolution No. 25-02 (Attachment A), both adopted the Agency budget on September 25, 2025.

Recommendation
It is recommended the Board adopt the attached resolution approving the Agency�s FY 2025-26 budget for the redevelopment area in the amount of $16,131,007.

Scope of Agenda Item
The area lies within Commission District 9, represented by Vice Chairman Kionne L. McGhee.

Fiscal Impact / Funding Source
The Agency�s revenue source is tax increment financing (TIF), which is generated through the incremental growth of ad valorem revenues beyond an established base year, as defined in section 163.387, Florida Statutes. The FY 2025-26 budget totals $16,131,007, inclusive of $10,015,043 in carryover revenue, $2,244,838 of County TIF, $3,155,926 of City TIF, and $715,000 of miscellaneous revenues. The Agency�s budgeted expenditures of $16,131,007 are summarized as follows:

� $9,050,000 for building and construction improvements including:
o Pioneer Museum renovation to current building code ($950,000)
o Depot Building renovation to current building code ($950,000)
o New two-story museum building construction ($4,100,000)
o Cultural Center Plaza site improvements construction ($2,200,000)
o Historic Limestone Cottage ($850,000)
� $1,635,910 for contingency reserve
� $1,429,150 for land acquisition, demolition and relocation, including:
o Purchase of the current museum property ($575,000)
o Relocation of the Pioneer Museum and Depot building to the cultural center site and for the historic Limestone Cottage to be raised to grade ($854,150);
� $1,122,419 for 50% of County TIF refund and transportation initiatives relating to SMART Plan;
� $1,060,700 for contractual services including architectural and engineering design fees for the Florida City Cultural Center, including the relocated Pioneer Museum, Depot Building and the new exhibit hall and storage building, and the historic Limestone Cottage and related plazas;
� $571,161 for administrative expenditures, inclusive of the County administrative charge of $33,673
� $385,000 for community policing to pay for three police officers that provide enhanced patrol services;
� $250,000 for infrastructure improvements relating to the public art sculpture, pedestal and installation in the Cultural Center public plaza;
� $200,000 for assistance to non-profit organizations;
� $150,000 for housing reconstruction and improvements assistance projects to single family homes in partnership with Rebuilding Together;
� $150,000 for Commercial Building Improvement Grants for retention and improvement to facilities on a fifty-fifty reimbursement basis; and
� $126,667 for operating expenditures such as legal services, audits and studies, property maintenance, printing and publishing, and other miscellaneous operating expenses:

The County and the City will continue to make annual payments to the Agency and the redevelopment area based on each respective year�s growth of ad valorem revenues over the base year, through 2055 when the Agency and the area are scheduled to sunset.

Delegation of Authority
This item does not delegate any authority to the County Mayor or County Mayor�s designee.

Track Record / Monitor
This item does not provide for contracting with any specific entity. It approved the Agency�s FY 2025-26 budget of $16,131,007, as detailed in Exhibit 1 to the resolution.

Background
On March 2, 1993, the Board adopted Resolution No. R-288-93, which adopted a finding of necessity study declaring a certain geographical area in the City as slum and blight. On June 6, 1995, the Board approved the establishment of the Agency when it adopted the Agency�s community redevelopment plan (plan) pursuant to Resolution No. R-795-95 and funded the plan when it enacted Ordinance No. 95-108 to create the trust fund. The interlocal was also approved by the Board on April 16, 1996, through Resolution No. R-367-96. Subsequently, the plan and the interlocal were amended on July 8, 1997, to allow for the acquisition of properties (Ordinance No. 97-132) and on September 23, 2003, to allow community policing programs (Resolution No. R-1010-03). On June 2, 2009, the Board approved an expansion to the Agency�s boundaries and a revised plan through Resolution No. R-645-09, and an amendment to the interlocal to grant the Agency the necessary power to implement the new plan through Resolution No. R-683-09. On October 6, 2020, the Board approved the North Central expansion area into the Agency�s boundaries, a revised plan, a restated interlocal and extended the life of the Agency until June 1, 2055, through Resolution R-936-20. Additionally, the approved interlocal agreement required the Agency to refund 25 percent of the County�s TIF payment to fund the SMART Plan�s South Dade Corridor, and effective FY 2024-25 an additional 25 percent refund for the County�s general fund.

Attachment

_____________________________
Carladenise Edwards
Chief Administrative Officer