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Jacksonville Beach CRA approves $24.9M year-end appropriations for downtown projects
Summary
The Community Redevelopment Agency voted to adopt a fiscal-year-end appropriation for the Downtown Community Redevelopment District required by state statute, allocating the projected fund balance between ongoing and prospective projects.
The Jacksonville Beach Community Redevelopment Agency on Oct. 27 adopted Resolution 2026-01 to appropriate year-end funds for the Downtown Community Redevelopment District.
The appropriation implements a statutory requirement to allocate any remaining trust-fund balance at fiscal year end. Ashley, the agency’s chief financial officer, told the board that "this is the fiscal year 2025 year end appropriation, which is…
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