MOTION - ACCEPTING THE ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR FISCAL YEAR ENDING SEPTEMBER 30, 2025 — BACKGROUND — Regular City Commission Meeting (2026-04-15)
Margate, Broward County, Florida
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The City of Margate, Florida's fiscal year 2025 annual report documents the Community Redevelopment Authority's extension through September 30, 2047 (from the prior August 2026 sunset), with final non-City TIF obligations due January 1, 2026. The city received approximately $11 million in ARPA funds, allocating $10 million for revenue replacement and $849,938 for the NW 8th Street Roadway Reconstruction project ($598,224 expended by fiscal year end). Budget amendments totaling $6...
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