D. Interfund Transfers

Community Redevelopment Agency Meeting · 2026-05-11 · agenda_item

This item concerns interfund transfers for the City of Pensacola's Community Redevelopment Agency for the year ending September 30, 2025. The Community Redevelopment Agency fund is transferring $3,573,718 to the CRA Debt Service fund. Additionally, the Eastside Tax Increment Financing District is transferring $85,310, and the Westside Tax Increment Financing District is transferring $267,984, both to the CRA Debt Service fund. These transfers are planned to cover debt service payments for various urban core redevelopment bonds. This is a financial and operational review item, indicating that the transfers are part of ongoing city operations. The work involves financial management and debt service payments, not new construction or site development. Local businesses involved in financial services, accounting, or legal services related to municipal finance may find opportunities. Early engagement with city finance departments could provide insights into future needs or processes.

interfund transfers

3573718 $

interfund transfers

85310 $

interfund transfers

267984 $

total interfund transfers

3927012 $