Community Redevelopment Agency Board Meeting 04.28.2026

Port Richey City Council / CRA · April 29, 2026

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Base rebate and annual recertification

Presentation

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City staff (Derek) presented the program's fixed 30% base rebate for eligible projects and said the value of the reimbursement will be reviewed every year through an annual recertification so dollar amounts adjust with tax changes.

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Port Richey officials reviewed and adopted an amended Community Redevelopment Area (CRA) incentive framework that sets a 30% baseline tax-increment rebate, up to 20% in additional points tied to city priorities, and limits on annual reimbursement; the board approved the package by voice vote and asked staff to return a final resolution. (Meeting date not specified in transcript.)

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Transcript

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