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Jacksonville CRA boards approve preliminary FY budget placeholders; minutes approved
Summary
Two Jacksonville Community Redevelopment Agency boards approved preliminary fiscal-year budget placeholders required by city code and approved meeting minutes, voting unanimously on each item.
The Kings Suttell and Renew Arlington Community Redevelopment Agency (CRA) boards approved preliminary budget placeholders for the upcoming fiscal year and approved meeting minutes from Feb. 11, voting unanimously on each item.
Karen Nasralla, Office of Economic Development staff, told the Kings Suttell CRA that the board must submit preliminary budgets by June under city code. “Every May, I stand before you and present the obligatory preliminary budget for the upcoming fiscal year,” Nasralla said, adding that final tax increment financing (TIF) projections from the property appraiser’s office are not due to the city until July and will be incorporated into the mayor’s…
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