Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lynn Haven CRA adopts 2025–26 final budget after public questions on TIF split with Bay County
Summary
The Lynn Haven Community Redevelopment Agency approved a final budget for fiscal year 2025–26 that relies on a transfer from reserves to cover a projected shortfall. A resident questioned why Bay Countyappears to be receiving a larger share of tax increment financing (TIF) revenue.
The Lynn Haven Community Redevelopment Agency on Sept. 12 approved a final budget for fiscal year 2025–26 that lists $1,193,582 in proposed revenues and $1,999,274 in proposed expenditures, with a transfer from CRA reserves to cover the difference.
The budget passed after public comment raised questions about how Tax Increment Financing (TIF) receipts for the cityarea within the CRA are shared with Bay County. Resident Walker of 1106 Michigan Avenue asked why Bay Countyappears to be receiving an increased portion of TIF funds returned from the county.
Walker said during public comment, “Why are they getting more money?” and pressed city officials to explain the change. City staff member Mister Janke responded that the countynot the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
