• Extends originally approved grant period of 6/1/25 - 5/31/26 to 1/1/26 - 12/31/26

Finance Committee · 2026-06-02 · agenda_item

The City of Jacksonville Finance Committee is reviewing a proposal to adjust an existing grant program. This program currently supports targeted businesses and is planned for review. The proposed changes include extending the grant period from June 1, 2025, to May 31, 2026, to a new period of January 1, 2026, to December 31, 2026. Additionally, the program would increase the revenue limit for eligible businesses from $400,000 annually to $750,000 annually. This review is in its early stages, indicating a potential opportunity for businesses to engage with the program's development. While no specific construction is detailed, businesses involved in financial services, business consulting, and administrative support could find opportunities as the program's scope and eligibility are refined. Early engagement may provide an advantage as program details are finalized.

original grant period start date

2025-06-01

original grant period end date

2026-05-31

proposed grant period start date

2026-01-01

proposed grant period end date

2026-12-31

original targeted business revenue limit

400000 annual revenues

proposed targeted business revenue limit

750000 annual revenues