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Panama City CRA staff propose moving from flat fee to 10% administrative charge; commissioners call for benchmarks and tracking
Summary
Staff proposed replacing a long-standing flat administrative charge to the CRAs with a 10% administrative fee tied to revenues. Commissioners asked for benchmarking against third-party administrators, a phased approach, and more transparent time-tracking of city staff work supporting CRAs before approving a large one-year jump.
City staff proposed changing how the Panama City Community Redevelopment Agencies are charged for city administrative services. For the last 13 years the CRAs have paid a flat $125,000 per year; staff recommended moving to a percentage-based administrative fee set at 10% of CRA revenues.
Deputy CRA Executive Director Brandy outlined services the fee would support, including HR, IT, facility maintenance, accounting, engineering support on projects and public affairs. Brandy said the 10% figure was informed by a common federal de minimis 10% administrative standard and work staff has done to measure increased service demand as CRA projects expanded. “...we came across…
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