Budget & Funding

CRA Budget and Funding

Last Updated 11/14/23

Funding for the Davie Community Redevelopment Agency (CRA)

The CRA is funded by property tax dollars dedicated to the redevelopment of our community. The CRA collects funds for the redevelopment trust fund from six bodies located within Broward County. The six bodies are:

  • Town of Davie
  • Broward County
  • Central Broward Water Control District
  • South Broward Hospital District
  • North Broward Hospital District
  • Children Services of Broward County

The amount collected from each of these entities is determined by the increment which is the difference between the current year total valuation and the base year valuation of property within the CRA area. This value is taken times the tax rate of the individual bodies and this value is taken times 95%. The power of the CRA to tax a redevelopment trust fund is found in §.163.353. The formula for the collection of the taxes is given in §.163.387 (1).

Taxable Value from 2018-2022

taxable value chart

Tax Increment Financing (TIF) Sources 

FY 2022

Davie CRA History

Fiscal Year

The fiscal year for the CRA begins Oct. 1 and ends Sept. 30.

Annual Budgets

View Past Budget Documents

Annual Audit Reports

The CRA is a component part of the Town of Davie and is part of the Town’s audit.

View Most Recent Report (PDF) | View Past Reports