CRA Annual Report FY 17-18 - Laserfiche WebLink

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Annual Report 2017 thru 2018 image of Casselberry CRA logo Casselberry Community Redevelopment Agency Overview & Purpose In 1995, the Casselberry Community Redevelopment Agency (CRA) was estabIished. Its primary function is the redevelopment of a designated Community Redevelopment District that includes portions of South U.S. Highway 17-92 and State Road 436 within the City. This report, for fiscal year 2017-2018, is being filed concerning the annual redevelopment activities of the Casselberry Community Redevelopment Agency. It was prepared and filed consistent with Florida Statute 163.356(3)(c). The CRA is required by the Community Redevelopment Act to submit a progress report of the year's community redevelopment activities, including a complete financial statement of assets, liabilities, income and expenses. Additionally, Florida Statute 218.39 requires each year an independent financial audit of this trust fund be submitted to each taxing authority that pays into the trust fund. Based on this requirement, the audit of the agency's assets, liabilities, income and expenses, as required under Florida Statute 163.356(3)(c), was conducted by the auditing firm of Moore Stephens Lovelace, P.A., and is available for review. A copy of this audit will be made public upon completion and acceptance and provided at that time to the two taxing authorities, Seminole County and City of Casselberry. The Casselberry Community Redevelopment District The Casselberry Community Redevelopment District (CRD) is aligned primarily along South U.S. Highway 17-92, between State Road 436 and Seminola Boulevard. It consists of approximately 500 acres of land and is located in the commercial center of Casselberry. Historically, Casselberry was settled and incorporated as a tax free town in 1940. Later, Casselberry was officially incorporated as a City in 1965. In 1995 the CRD was established. CASSELBERRY COMMUNITY REDEVELOPMENT AGENCY Page 2