Community Redevelopment Agency
Executive director’s salary: $0; city manager is executive director per an interlocal agreement.
Downtown manager’s salary: CRA pays 90 percent or $88,788
Employees: 4.98 full-time-equivalent positions. Each CRA employee splits his or her time with the city,
Board: The five-member City Council sits as the board.
Revenue: $12.4 million
Revenue sources: 58 percent property taxes, 18 percent carried over from the previous financial year, 9.5 percent Mizner Park leases, 8.1 percent development fees, 5.2 percent from parking meters/tickets, remaining miscellaneous income
Percent of revenue spent on payroll: 4.1 percent
Property within boundary: 344 acres that covers the south end, starting at Northeast Mizner Boulevard in north and east to Northeast Fifth Avenue. The CRA owns 30 acres under Mizner Park, but the agency does not own the land and buildings of the city’s amphitheater.
Amount of money still owed the city for Mizner Park: $21.8 million. CRA will reimburse the city $2 million during the current budget year.
Highlights: City team working on a new parking strategy for the area; Business Improvement District Steering Committee created as an alternative resource for downtown marketing, events and programming, trolley/shuttle system and parking; Sanborn Square Arches and ‘Sanborn Promenade’ dedicated; redesign of Downtown Boca website launched in October; new consultant hired to continue downtown marketing and public relations plans; fourth annual Meet Me on the Promenade held in October.
All figures from 2014/15 budgets
Sources: Boca Raton Community Redevelopment Agency, Boynton Beach Community Redevelopment Agency, Delray Beach Community Redevelopment Agency, Delray Beach Marketing Cooperative, Downtown Development Authority
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