City of Leesburg Budget Workshop #4 -FY27

The City of Leesburg held its fourth Fiscal Year 2027 budget workshop on July 16, 2026, focusing primarily on the Community Redevelopment Areas (CRAs) including Greater Leesburg, Carver Heights Montclair, and Highway 441. The meeting involved detailed discussions on CRA revenues, expenses, debt service, and reserve funds. Key procurement-related topics included the allocation of funds for home improvement grants, special events, and capital projects such as the parking lot and Susan Street projects. Commissioners debated the equitable distribution of CRA funds, particularly the need for grant programs to support property improvements on the East Side of Leesburg. The workshop also addressed the management and disposition of CRA-owned lots, with concerns raised about the slow movement of these properties and suggestions for enhanced marketing and potential down payment assistance programs to encourage homeownership. Additionally, the group discussed compliance with updated CRA regulations, especially regarding the use of funds for special events and adherence to the CRA plan. No formal votes were recorded in the transcript, but there was consensus on maintaining reserve funds until current projects are completed and openness to future budget adjustments. The workshop concluded with appreciation for the budget preparation efforts and a motion to adjourn.