Community Redevelopment Agencies in Florida are required by state law to prepare five annual reports:
1) Annual Audit (can be independent of the creating entity or included in the creating entity’s audit) (www.myflorida.com/audgen)
2) Annual Fees and Updates to the Office of Special District Accountability at the Florida Department of Economic Opportunity (click here)
3) Comprehensive Annual Financial Report (https://www.myfloridacfo.com/transparency/state-financial-reports/FL-ACFR)
4) Annual March 31 Report to the public (posted online)
5) Annual Budget (proposed and adopted) and Board, contact information updated and posted each September online on CRA pages
The Florida Department of Commerce has recently updated the Florida Special District Handbook (revised July 2024). Of particular interest to FRA members is the inclusion of specific guidance relating to CRA goals and objectives and the performance measures and standards necessary for each agency as required by HB 7013 passed during the 2024 Legislative Session. A link to the handbook can be found here, and the relevant information is on pages 77-78.
For further information, email Jeff Blomeley jblomeley@flcities.com