IV. Other Sources of Revenue

City Commission Budget Workshop #2 · 2026-04-29 · agenda_item

The City of Palatka is reviewing its revenue sources, including fair market value rentals for leased properties and existing service charges. The city is looking at updating cost-recovery for various permits and inspections, such as building, zoning, and right-of-way permits. Additionally, they are considering changes to parking fees and fines in downtown and event areas, potentially using technology for collection. The city is also exploring options to lease or sell underutilized properties to generate recurring revenue. These reviews are part of a budget workshop and are currently under consideration, indicating an early stage in the process. This review could lead to future work in areas like property management, technology implementation for fee collection, and potentially site development if properties are sold or leased for new uses. Contractors, suppliers, and service providers in relevant fields should monitor these discussions for potential future opportunities as decisions are made.