AGENDA REPORT
DATE: September 8, 2025
TO: Community Redevelopment Agency
FROM: Bill McDaniel, Executive Director
SUBJECT: CRA Budget Amendment for Fiscal Year 2024-25
EXECUTIVE SUMMARY:
This budget adjustment provides $600,000 for the SGMCC Playground and Splash Park (PK028) from the CRA budget. This was originally programmed to use CIT funds. Since this project is within the CRA district, the funds originally programmed for this project will be redirected to the “Legacy Park” property purchase (PK044).
The $600,000 for this project will be transferred from contingency.
RECOMMENDATION:
That the Community Redevelopment Agency adopt a resolution amending the CRA budget for the year ending September 30, 2025, which provides for the above adjustment.
FISCAL IMPACT:
Details related to these items are listed on the attached resolution.
Prepared by: Diane Reichard, Chief Financial Officer