TO: Margate CRA Chair and Members of the Board
FROM: Cale Curtis, CRA Executive Director
DATE: September 11,2024
Title
APPROVING FISCAL YEAR 2024-2025 ANNUAL BUDGET
BACKGROUND: The proposed budget for the fiscal year 2024-2025 was presented at the MCRA meeting held on August 20, 2024 and included revenue projections, operations expense projections, and current and proposed capital improvement projects.
The proposed budget was revised to reflect the Board’s feedback and is attached for review and approval.
Per Statute 163, Part III, the annual budgets for CRA’s are required to be approved by September 30th of each year.
RECOMMENDATION: Approval of the proposed MCRA annual budget for the fiscal year 2024-2025.
FISCAL IMPACT: As outlined in the attached budget.
CONTACT PERSON: Cale Curtis, CRA Executive Director