AMENDMENT

Finance Committee · 2026-07-21 · agenda_item

The City of Jacksonville Finance Committee is reviewing an amendment to an appropriation. This amendment involves correcting the total appropriation amount to $1,338,737.21. The funds include $504,441 from the Foreclosure Registry and $834,296.21 from reallocated funds. The amended appropriation will cover administrative and operating expenses, foreclosure intervention services, neighborhood matching grants, blight removal, and a batch foreclosure program. This item is currently pending review by the Finance Committee. The work set in motion by this appropriation would involve administrative and financial services, as well as services related to blight removal and foreclosure intervention. These services may be phased in as funds are allocated. Local businesses providing financial services, legal services related to foreclosure, and services for blight removal could find opportunities. Reaching out to the city early in the review process may provide an advantage before final decisions are made.

appropriation amount

1,338,737.21 $

revenue from Foreclosure Registry

504,441 $

reallocated funds

834,296.21 $

administrative and operating expenses

535,047.83 $

foreclosure intervention services

300,000 $

neighborhood matching grants

286,191.43 $

blight removal

179,497.95 $

batch foreclosure program

38,000 $