TIF Funding and Budgets

Creating Redevelopment Revenue from Tax Value


Community Redevelopment Agencies receive funding from the very homeowners and business owners that benefit from the improvements. In this way, tax dollars in the CRA district are spent to help revitalize blighted areas of the city. Here's how it works: When a CRA is created, a baseline tax value is established. Then, as that value increases, the extra tax dollars go to the CRA, which must spend those dollars within the CRA district. For example, if a piece of land is worth $100,000, but the construction of a new building increases its value to $150,000, a portion of the ad valorem taxes from the City and County on that $50,000 improvement go into the CRA's budget. This process allows the CRA to build upon successes and improvements made within the district.

To obtain an email copy of any of the documents, please call 561-493-2550 or click here to send a request.

Available CRA Budgets

2023 - 2024
2022 - 2023
2021 - 2022
2020 - 2021
2019 - 2020
2018 - 2019
Archive (contact CRA office for Archived Budgets)
  • Fiscal Year 2016 - 2017 CRA Budget
  • Fiscal Year 2015 - 2016 CRA Budget
  • Fiscal Year 2014 - 2015 CRA Budget
  • Fiscal Year 2013 - 2014 CRA Budget