Community Reinvestment Agency Budget Amendment

At a glance

• What: Budget Amendment No. 1 to the Agency's final Fiscal Year 2026-27 budget, reallocating $6.5 million from several program appropriations to mayoral initiatives including Main Street revitalization, the Civic Center and 500 West improvements.
• Where it stands: Adopted August 18, 2026 as Resolution 15 of 2026 (Agency), 5-0.
• Status: Resolved.

Detail

Kate Werrett and Danny Walz presented the amendment, which also covers project additions and modifications and staffing changes. The public hearing drew no comments.

Motion

Moved by Director Puy, seconded by Director Carlsen, to close the public hearing and adopt Resolution 15 of 2026 for the Fiscal Year 2026-27 Agency Budget Amendment No. 1. AYE: Petro, Puy, Wharton, Carlsen, Dugan. ABSENT: Napier-Pearce, Young. Passed 5-0. (Napier-Pearce arrived later, during the 9 Line item.)

This is a different Resolution 15 from the Council's Resolution 15 of 2026 on Library Tax Increment Interlocal Agreement; the Council and the Agency number their resolutions separately.

Sources

• Community Reinvestment Agency minutes, August 18, 2026 (approved October 13, 2026): https://slc.primegov.com/Public/CompiledDocument/45591

Log

2026-08-18 - Community Reinvestment Agency

Public hearing with no comments; Agency Resolution 15 of 2026 adopted 5-0.

2026-07-14 - Community Reinvestment Agency

Briefing on Budget Amendment No. 1: 6.5 million dollars to mayoral initiatives (Main Street revitalization, Civic Center, 500 West). Walz said the items were presented in the budget process but left out of the key changes document. Miranda Johnson asked for a straw poll so staff could begin preparatory work, including a request for proposals for the Civic Center block. Straw poll: all directors present in favor. Hearing date set for August 18 on the consent agenda (7-0).