How much money is taken from the taxes for the Redevelopment Trust Fund?

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 millage (tax) rate of the individual bodies and this value is taken times 95%.  This power of the CRA to establish such fund is found in Florida Statute Section 163.353.  and in Section 163.387(1).

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1. How were the boundaries of the CRA created by the Town?
2. How does the redevelopment area get funded?
3. How does the CRA get funded?
4. How much money is taken from the taxes for the Redevelopment Trust Fund?
5. How does the CRA know where and how to expend its funds?
6. Can the CRA give grants to new businesses?