Overview: The Cape Canaveral Community Redevelopment Agency (CRA) convened on August 20, 2024, to discuss the fiscal year 2024-2025 budget, focusing on the implications of potential funding reallocations, particularly concerning stormwater management and infrastructure projects. The agency considered the financial viability of various initiatives against the backdrop of possible adjustments to the millage rate, which could necessitate budget cuts.
Overview: The latest meeting of the Cape Canaveral Community Redevelopment Agency (CRA) highlighted the board’s ongoing commitment to local redevelopment efforts, with attention given to the proper prioritization and allocation of Tax Increment Financing (TIF) revenues for fiscal year 2024-25. The board also expressed gratitude for the Veterans of Foreign Wars (VFW) Post 10131’s new military service wall, which was partially funded by the CRA.