This is the third blog post on the West Palm Beach Community Redevelopment Agency (CRA) matter. This post considers the matter in the context of a wide range of problems affecting CRAs throughout southern Forida, which can be seen in reports in the area's newspapers and blogs. Several CRAs have
also been investigated by various offices and commissions.
A CRA is, as described
in the Lake County Fiscal Rangers blog
, "A legal entity
allowed by Florida law to be created usually by a city or county to
divert normal future property tax revenue to a separate fund used
for renovating older downtown or residential areas." The usual term
for such areas is "blighted area." CRAs are not meant for
development of normal business areas. They are meant for
areas that are doing very badly.
On April 18, the Broward County inspector general filed a
report on the "Gross Mismanagement" of public funds
city of Hallandale Beach and its CRA. There is also a
dated July 16. And just last month, the IG's
office filed a
memorandum on allegations
relating to procurement violations
by the Dania Beach CRA.