Exhibit 2 – FY 2025 Draft Annual Financial Report (Audit) — COMMUNITY REDEVELOPMENT AGENCY BOARD (2026-03-19)
Fort Lauderdale, Broward County, Florida
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The Fort Lauderdale Community Redevelopment Agency (CRA) released its financial report for the fiscal year ending September 30, 2025. The CRA, which is part of the City of Fort Lauderdale, was created to improve run-down and blighted areas in three neighborhoods: Central Beach Area, Northwest-Progresso-Flagler Heights, and Central City. The agency's main source of money comes from tax increment funds—extra property tax revenue generated when property values increase in redevelopment areas...
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