Fiscal Year 2026-2027 Budget and Millage Adoption
Summary
The CRA's $272.8 million budget funds operations, grants, affordable housing subsidies, crime reduction programming, and infrastructure in Overtown and Park West for the coming year. It also includes a 10% raise for the executive director and moves about $1.06 million out of stalled projects.
At a glance
- Total mentions
- 15
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Sep 24, 2026.
Impact analysis
The CRA will spend $272.8 million in FY 2026-2027, funded largely by tax increment revenue from the City and County.
Overtown and Park West residents and businesses receiving CRA-funded housing, grants, and neighborhood improvements.
Property owners facing increased municipal tax burdens if valuations rise.
Mentions & discussions (6)
Florida property tax amendment and anti-DEI law reshape Miami-Dade city budgets
Florida property tax amendment and anti-DEI law reshape Miami-Dade city budgets The Miami Times
City Commission - Final Budget Hearing - Sep 24, 2026
The city commission finalized and adopted the $1.86 billion operating budget and property tax rates for the upcoming fiscal year. Residents voiced concerns regarding spending increases, tax burdens, and district funding equity.
Southeast Overtown/Park West CRA Meeting - Sep 10, 2026
The CRA's $272.8 million budget funds operations, grants, affordable housing subsidies, crime reduction programming, and infrastructure in Overtown and Park West for the coming year. It also includes a 10% raise for the executive director and moves about $1.06 million out of stalled projects.
Representative Chambliss joins Florida City in Townhall on Property Taxes
Representative Chambliss joins Florida City in Townhall on Property Taxes Miami’s Community News
City Commission Meeting - Jul 23, 2026
The city commission voted to set the proposed property tax millage rate at 7.3616 mills, alongside the rolled-back rate of 6.7097 mills, which will guide upcoming budget hearings and property tax bills.
Climate Resilience Committee Meeting - Jul 6, 2026
The committee's annual budget memo went to the Commission 4-1, asking for SPONGE program funding, an inland streetscape pilot, tree funding readiness, and updated NOAA rainfall standards — with three items cut after staff said they were already covered.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Miami
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.