Boca Raton CRA Adopts Fiscal Year 2026-2027 Budget Following Public Hearing

The Boca Raton Community Redevelopment Agency (CRA) held a public hearing on September 22, 2026, to discuss and adopt its budget for Fiscal Year 2026-2027. The hearing, which took place at 10:00 A.M. at the 6500 Building on 6500 Congress Ave, Boca Raton, FL, focused on Resolution No. 2026-08-CRA.

Resolution No. 2026-08-CRA outlines the CRA's budget for the upcoming fiscal year, including its goals, objectives, and planned activities. A key component of the resolution involved the approval of funds remaining in the Redevelopment Trust Fund as of September 30, 2026, ensuring that unspent allocations are properly accounted for and re-appropriated.

Residents interested in reviewing the budget prior to the meeting could contact Stephen Timberlake, Special Projects Manager for the Community Redevelopment Agency. His office is located at 201 West Palmetto Park Road, Boca Raton, Florida, 33432, and he can be reached by phone at (561-367-7084). Mark Sohaney serves as the Executive Director of the City of Boca Raton Community Redevelopment Agency.

The CRA plays a vital role in local development, utilizing tax increment financing to fund projects that enhance the economic and social well-being of designated redevelopment areas. The annual budget adoption process ensures transparency and public input on how these funds are allocated to achieve the agency's mission.