Special CRA Board Meeting 9.23.2026

The City of Hollywood Community Redevelopment Agency (CRA) held a special board meeting on September 23, 2026, focused on the proposed fiscal year 2027 budgets for both the Beach and Downtown CRA districts. The meeting included detailed presentations on the CRA's revenue sources, expenditures, and capital improvement projects, highlighting a total Beach CRA budget of approximately $132.7 million, with $93 million allocated for capital projects such as utility undergrounding, coastal resiliency, and pump stations. The Downtown CRA budget was about $3.3 million in operating costs with nearly $12 million in carry forward funds for capital projects. Board members discussed the impending sunset of the Beach CRA, the impact on funding and services, and the need for strategies to maintain service levels post-sunset, including potential overlay taxing districts. The board unanimously approved the fiscal year 2027 budgets for both CRA districts and the authorized staffing levels. Public comments emphasized the importance of maintaining investments in the beach area as a key economic engine for the city.