CRA advisory board recommends FY2027 budget to agency after amendment to shift funds

The CRA Advisory Board voted to recommend the FY2026–27 budget and a five-year capital improvement program to the CRA agency, with an amendment expressing concern about concentration of funds on a single Park Avenue project.

Kyle, the city staff presenter, asked the board for its "blessing to move forward with the budget approval, which will go to the CRE agency on August 26." Multiple board members questioned the share of capital funds devoted to the Park Avenue Refresh, noting figures in the packet showing a multi-year commitment that some called disproportionate to needs elsewhere in the CRA.

During deliberations, Doctor Perlman moved an amendment to reallocate a portion of the proposed Park Avenue funding into property-acquisition funds; the amendment was seconded and passed after the board solicited public comment (none). The chair then called the main motion to recommend the budget to the CRA agency; members responded by voice and the motion carried. The board directed staff to prepare bullet-point messaging for the CRA agency that highlights the concerns raised in the discussion.