Click to Home
Go To Search
CRA Reports / Funding
Funding
Tax increment financing is a unique tool available to cities and counties for redevelopment activities. It is used to leverage public funds to promote private sector activity in the targeted area. The dollar value of all real property in the Community Redevelopment Area is determined as of a fixed date "base year," also known as the "frozen value." The base year of the Beach District is 1997 and the Downtown District is 1979. Taxing authorities, who contribute to the tax increment, continue to receive property tax revenues based on the frozen value. These frozen value revenues go to their general funds and are available for general government purposes. However, any tax revenues from increases in real property value, referred to as "increment," are deposited into the Community Redevelopment Agency Trust Fund and dedicated to the redevelopment area.

The trust fund revenues generated through tax increment are contributed by several taxing authorities including the City of Hollywood (City), Broward County (County) Children's Services Council of Broward County (CSC), and South Broward Hospital District (Hospital).

Budgets
FY2019 Proposed Budget - Beach & Downtown Districts
FY2018 Adopted Budget
FY2018 Budget - Beach District
FY2018 Budget - Downtown District
FY2017 Amended Budget 2 - Beach District
FY2017 Amended Budget - Beach District
FY2017 Amended Budget 2 - Downtown District
FY2017 Amended Budget - Downtown District
FY2018 Proposed Budget - Beach & Downtown Districts
FY2017 Adopted Budget
FY2017 Budget - Beach District
FY2017 Budget - Downtown District
FY2017 Proposed Budget - Beach & Downtown Districts
FY2016 Amended Budget 3 - Beach District
FY2016 Amended Budget 2 - Beach District
FY2016 Amended Budget - Beach District
FY2016 Amended Budget 4 - Downtown District
FY2016 Amended Budget 3 - Downtown District
FY2016 Amended Budget 2 - Downtown District
FY2016 Amended Budget - Downtown District
FY2016 Budget - Downtown District
FY2015 Amended Budget 2 - Beach District
FY2015 Amended Budget 2 - Downtown District
FY2015 Amended Budget - Beach District
FY2015 Amended Budget - Downtown District
FY2015 Budget - Beach District
FY2015 Budget - Downtown District
FY2014 Amended Budget - Beach District
FY2014 Amended Budget - Downtown District
FY2014 Budget - Beach District
FY2014 Budget - Downtown District
FY2013 Amended Budget
FY2013 DRAFT Amended Budget
FY2013 Budget - Beach District
FY2013 Budget - Downtown District
FY2013 DRAFT Budget and Presentation
FY2012 Budget - Beach District
FY2012 Budget - Downtown District
FY2011 Budget - Beach District
FY2011 Budget - Downtown District