Florida Statutes Sections 163.387 and 189.016 stipulate that the CRA Board must adopt a budget via resolution each fiscal year prior to adoption by the governing body (City Commission). The annual CRA Budget is posted to apprise the public of the CRA's activities.
In addition to the annual budget, the CRA regularly adopts a 5 Year Capital Improvement Plan (CIP) to assist the Board in managing CRA funds, timing project implementation and to keep the public apprised of future projects.