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CRA staff report rising tax base and projected TIF revenue as Port St. Joe values grow

5112383 · July 1, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Staff reviewed DR-420 tax notices showing increases in CRA-area property values since the 2010 base year and explained how that growth affects projected tax increment funds for the coming fiscal year.

A staff presenter reviewed the DR-420 tax notices and advised the CRA that the redevelopment area’s assessed value has risen since the base year, increasing tax increment financing (TIF) potential.

The presenter said the CRA base year (Feb. 2010) value was $26,185,000 and that the current attained value…

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