St. Augustine staff proposes $5.69 million in new CRA revenues, recommends targeted increases for downtown landscaping, Trinity rehab and West City programs

Jamie D. Perkins, community service director for the City of St. Augustine, presented a draft fiscal 2026 budget for the Community Redevelopment Agency (CRA) on Aug. 14, proposing $5,686,326 in new tax-increment and other revenues and recommending targeted adjustments to three CRAs: Historic Area, Lincolnville and West City.

Perkins told the board the combined new revenue estimate includes 52.7% from city tax-increment financing (TIF), 38.9% from St. Johns County TIF, 6.3% in interest and 2.1% from grants, and said she had applied recent increases in the county TIF estimates to specific projects.

Why it matters: The CRA budgets direct TIF revenue into capital projects, debt service and programing in areas targeted for redevelopment. Perkins said the proposed allocations aim to advance on-the-ground projects while keeping administrative costs low and preserving flexibility to move funds if project needs change.

Most important details

- Total new CRA revenues proposed for 2026: $5,686,326. Perkins said that figure represents “new revenues” rather than the total budget with carryforward.

- Historic Area CRA: St. Johns County’s actuals increased by $136,773,…