4. CRA - TIF MAY 2026

Community Redevelopment Agency · 2026-07-20 · agenda_item

The City of Palatka Community Redevelopment Agency (CRA) is reviewing its current active projects. These projects are part of a larger plan to redevelop designated areas within the city. The review includes information on project funding, expenditures, and alignment with the Community Redevelopment Plan. Specific activities mentioned include landscaping, building improvement grants, Christmas lights, and the Tilghman project. This is an informational review, and no new projects or funding actions are being proposed at this time. Businesses interested in future opportunities should monitor CRA activities and project updates as they progress through planning and funding stages. Early engagement can provide an advantage as projects move from review to implementation.

Net position

256,113.60 $

Tax Increment Fund

1,115,081 $

Central District FY26 Budget

1,925,673.00 $

South Historic District FY26 Budget

682,451.00 $

North Historic District FY26 Budget

206,650.00 $

Central District City Budget

323,447 $

South Historic District City Budget

95,856 $

North Historic District City Budget

31,223 $

Central District County Budget

477,105 $

South Historic District County Budget

141,394 $

North Historic District County Budget

46,056 $

Cash forward across all CRA districts

1,699,693 $

Central District Cash Forward

1,125,121 $

South Historic District Cash Forward

445,200 $

North Historic District Cash Forward

129,372 $

Encumbrances

59,965 $

Remaining FY26 budget after encumbrances

1,950,208 $