2023-2024 CRA Annual Report | 1 CRA (2023-2024) ANNUAL REPORT DAYTONABEACH.GOV/REDEVELOPMENT
TABLE OF CONTENTS
04 05 05 05 06 08
MEET THE BOARD Mission & Goals Staff Listings Board Listings REDEVELOPMENT DISTRICTS MURALS Inspire Joe Harris Beauty & Brains Still My Guitar Gently Leaps
08 09 09 09
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15 15 15 16
REDEVELOPMENT ACHIEVEMENTS Riverfront Esplanade Beach Street Streetscape Main Street Beach Approach Arch Valencia Square - Midtown EV Charging Station Orange Avenue Business Enterprise Center Improvements Hurricane Relief Program for Residents 400 Beach Apartments Land Acquisition 30 Lot Donation for Affordable Housing Choice neighborhood Grant ENGAGEMENT Meet & Greet Events Workshop for Small Business Community Celebrations Accelerate Business Summit Triage Business Development Program
GRANTS
10 10 11 11 11 12 12 12 12 12 12 12 13
Available Grants Incentive Programs FINANCIALS Ballough Road Redevelopment Revenues & Expenditures Downtown Redevelopment Revenues & Expenditures Main Street Redevelopment Revenues & Expenditures Midtown Redevelopment Revenues & Expenditures South Atlantic Redevelopment Balance Sheet
16 17 18 19 20 21 22 23 24 25
13 13 14 14 14
2023-2024 CRA Annual Report | 3
MEET The CRA Board
Members of the CRA Board include: Mayor Derrick L. Henry Zone 1 Commissioner Monica Paris Zone 2 Commissioner Ken Strickland Zone 3 Commissioner Quanita May Zone 4 Commissioner Stacy Cantu Zone 5 Commissioner Dannette Henry Zone 6 Commissioner Paula R. Reed
The City of Daytona Beach’s Community Redevelopment Agency (CRA) plays a key role in advancing revitalization efforts within designated redevelopment areas. The CRA Board, composed of the City Commission, works collaboratively to fund, implement and oversee projects that enhance quality of life and support economic development.
The board meets regularly to review budgets, approve projects and guide the implementation of redevelopment plans across Daytona Beach’s five Community Redevelopment Areas.
Citizens and staff are encouraged to stay informed and engaged. CRA meeting agendas, minutes and livestreams are available online. DaytonaBeach.gov/Agendas
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CRA Mission & Goals
The City of Daytona Beach City Commission serves as the Community Redevelopment Agency (CRA). The CRA is responsible for approving the annual CRA budget, funding redevelopment projects and programs, and overseeing the implementation of the four adopted Redevelopment Plans. The CRA meets at least quarterly and may call special meetings or workshops as needed to carry out its responsibilities. All meetings are held in the City Commission Chambers at City Hall.
Staff Listing
Board Listing
Deric C. Feacher City Manager 386-671-8010
Downtown & Ballough Rd. Redevelopment: Meet first Tues. of each month | Noon Tibor Benke, Kenneth Hunt, John Kamchan, Javier Benavente, Pete Zahn, Jamie Newman, Sheryl Cook
Ken Thomas, MPA, FRA-RA Director of Redevelopment & Neighborhood Services 386-671-8188 Michele Toliver, FRA-RA Redevelopment Project Manager 386-671-8185 Angela Armstrong, FRA-RA Redevelopment Project Manager 386-671-8196
Beachside Redevelopment: Includes Main & S. Atlantic
Meet second Wed. of each month | 6:00 p.m. Gary Libby, William Henry Bittorf, Gary Koliopulos, Robert Ellis, Raymond Masone, Helen Humphreys, Amy Pyle, Vernon Weatherholtz
Midtown Redevelopment Meet second Tues. of each month | 6 :00 p.m.
Tangela Brown, Lynn Thompson, Cathy Washington, Eddie Lake, Davita Bonner, Joan Sheppard, Renee Richardson
Phebe Fuqua, FRA-RA Redevelopment Project Manager 386-671-8127
2023-2024 CRA Annual Report | 5
Redevelopment A CRA
Ballough R Downtown Main Stree Midtown R South Atlan
VERMONT AV
VERMONT AV
GOODALL ST
BRADDOCK AV
REVILO BLVD
RIBAULT AV
CR 4050 (SILVER BEACH AV)
BOSTWICK AV
HILLSIDE AV
OCEAN DUNES RD
DUNDEE RD
0
5
10
20
Miles
TENNY DR
Redevelopment Areas CRA
6 | DaytonaBeach.gov/Redevelopment 5 CRAs REVILO BLVD VERMONT AV BRADDOCK AV GOODALL ST VERMONT AV
Ballough Road Redevelopment Area Downtown Redevelopment Area Main Street Redevelopment Area Midtown Redevelopment Area South Atlantic Redevelopment Area
RIBAULT AV
CR 4050 (SILVER BEACH AV)
BOSTWICK AV
The City of Daytona Beach includes five designated Community Redevelopment Areas (CRAs). The boundaries of each CRA were established through a Finding of Blight study and are outlined in a Community Redevelopment Plan approved by the City Commission. These Plans detail the specific redevelopment goals, policies and objectives for each area, as well as the projects and programs intended to drive revitalization. Redevelopment Districts
Revenue generated from increases in property values within each CRA is reinvested directly back into projects and programs within the same area.
The City of Daytona Beach covers approximately 44,507 acres, with the combined total of the five CRAs accounting for 1,755 acres—less than 4% of the City’s total area.
2023-2024 CRA Annual Report | 7
Murals
INSPIRE <<
INSPIRE (Oct. 2023)
A striking mural titled “Inspire” was unveiled on the east-facing wall of Midtown Café Daytona, located at the corner of Dr. Mary McLeod Bethune Boulevard and Walnut Street. Created by Ormond Beach artist Perego, the mural pays tribute to four Midtown icons: Charles W. Cherry Sr., founder of the Daytona Times; James Huger Sr., the first Black city commissioner and Volusia County council member; Dr. Mary McLeod Bethune, founder of Bethune-Cookman University; and Yvonne Scarlett-Golden, Daytona Beach’s first Black mayor.
The mural was sponsored by the city and celebrates the community’s rich cultural heritage.
Funds Allocated: $10,000 (ARPA Funds)
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JOE HARRIS PARK MURAL (Dec. 2023)
A bold new mural now adorns the exterior wall of the restroom facility at Joe Harris Park, 315 Pearl St. Painted by artist Tiff Urquhart, the artwork brings vibrant color and life to the public space. Urquhart is known locally for her murals at the Dickerson Community Center and Daytona Beach Pier.
Funds Allocated: $10,000 (ARPA Funds)
JOE HARRIS PARK<<
BEAUTY & BRAINS (Jan. 2024)
The mural “Beauty & Brains” was completed on the front of Fifi’s Beauty Salon & Day Spa, 400 Dr. Mary McLeod Bethune Blvd. Designed by a local artist, Shyriaka Morris, the piece features Dr. Mary McLeod Bethune and Marjorie Joyner—an entrepreneur, activist and the first Black woman to receive a U.S. patent for a permanent wave machine. Joyner was a co-founder, alongside Bethune and Congressman William Dawson, of the Alpha Chi Pi Omega sorority/fraternity and the United Beauty School Owners and Teachers Association.
Funds Allocated: $10,000 (ARPA Funds)
STILL MY GUITAR GENTLY LEAPS (July 2024)
BEAUTY & BRAINS<<
The west-facing wall of Total Entertainment, 501 W. International Speedway Blvd., is now home to “Still My Guitar Gently Leaps,” a colorful mural celebrating music. The mural is a collaboration between property owner Steve Weinreich and local artist Natasha Azari, whose work captures the emotion and energy of musical performance. Total Entertainment has operated in Midtown since the 1990s and offers instrument sales, rentals, repairs and lessons.
Funds Allocated: $10,000 (ARPA Funds)
2023-2024 CRA Annual Report | 9
STILL MY GUITAR GENTLY LEAPS<<
Achievements RIVERFRONT ESPLANADE (Oct. 2023)
What began as a community vision rooted in memory has become a reality with the grand opening of the Riverfront Esplanade. Re-imagined through the leadership and generosity of J. Hyatt and Cici Brown—alongside strong support from the City of Daytona Beach and its residents—the transformation was celebrated through a series of opening events that marked the official debut of the Esplanade’s southern section. Stretching from Main Street to Orange Avenue, the 22.5-acre linear park offers a wide variety of amenities and experiences. Visitors can relax in nature, enjoy riverfront views, or get active on the soft, blue-cushioned trail that runs the length of the park along the Halifax River. The southern portion, between International Speedway Boulevard and Orange Avenue, features an elaborate splash pad, botanical gardens—including a rose garden—a restroom facility, sculpted ponds with color-changing fountains, and a venue lawn designed for community events.
Funds Allocated: $800,000 (Annually) Total Project Cost: $35,000,000
RIVERFRONT ESPLANADE<<
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BEACH STREET STREETSCAPE (Jan. 2024)
An ongoing project, the second phase of the Beach Street Streetscape is currently being designed, with about 90% of the plans completed. Parker Mynchenberg is the project’s designer. The streetscape includes roadway, sidewalk, parking, landscaping and lighting improvements on Beach Street from Bay Street to Fairview Avenue and on Dr. Mary McLeod Bethune Boulevard from Beach Street to Ridgewood Avenue.
BEACH ST. STREETSCAPE <<
Funds Allocated: $1,450,000 Second Phase
MAIN STREET BEACH APPROACH ARCH (June 2024)
The historic Main Street Coquina Arch, built in 1936 as part of the Works Progress Administration, is undergoing restoration after city staff identified significant structural issues. Cracking and deterioration of steel and concrete led to the closure of surrounding pedestrian areas. The city partnered with engineering firm Graef-USA Inc. to develop a repair and preservation plan, ensuring the safety and longevity of this iconic beachside landmark.
Funds Allocated: $787,000
MAIN STREET ARCH <<
VALENCIA SQUARE- MIDTOWN
The City Commission approved the Redevelopment incentive agreement that paves the way for Framework to build apartments at 544 Orange Avenue in Midtown CCRA under the project name of Valencia Square. The property is between Division and Marion streets. The property formerly housed the city’s Public Works storage yard. In exchange for getting the land at no cost, Framework Group has agreed 24 of the 62 apartments will be earmarked as affordable rental units.
CRA contribution: Land Donation $300,000 Tax Abatement: $60,000 per year
2023-2024 CRA Annual Report | 11
VALENCIA SQUARE <<
EV charging station
Electric vehicle charging stations have been installed. These new Level 2 chargers make it easier for residents and visitors to power up their EVs at convenient public locations throughout the city.
Funds Allocated: $24,000
ORANGE AVENUE BUSINESS ENTERPRISE CENTER IMPROVEMENTS
This project involved repair to concrete driveway aprons, sidewalks and parking stalls. Other improvements included interior and exterior paint to the building.
Funds Allocated: $80,000
HURRICANE RELIEF FOR RESIDENTIAL & BUSINESS
The City of Daytona Beach offered recovery grants to qualified homeowners, renters and business owners affected by Hurricane Ian or Nicole. Businesses with less than 50 employees were reimbursed up to $3,000 for things like the cost of spoiled food, lost revenue, insurance deductibles and repairs. Homeowners and Renters were reimbursed up to $9,000
Funds Allocated: $3,000,000 (ARPA Funds)
400 BEACH INCENTIVE AGREEMENT
Located on the Halifax River in the heart of downtown Daytona Beach, residents will enjoy sweeping water views and walkability to shops and restaurants—all only a short walk or bike ride to the world-famous Daytona Beach. This 6-story development has been designed to maximize views and provide abundant light to every unit. 400 Beach is under construction.
CRA contribution: $7.5 Million
LAND ACQUISITION CRA contribution: $2,764,000 30 LOTS FOR AFFORDABLE HOUSING CRA contribution: 30 Lots ( $900,000) CHOICE NEIGHBORHOOD GRANT CRA contribution: $300,000
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Engagement
COMMUNITY ENGAGEMENT <<
MEET & GREET EVENTS
New personnel in the city’s Redevelopment and Neighborhood Services Department began meeting with homeowners, merchants, developers and property owners across Daytona Beach’s five redevelopment areas. Led by Director Ken Thomas and supported by three project managers, the team held sessions to introduce themselves and discuss city support initiatives and upcoming opportunities for local businesses and properties. WORKSHOP FOR SMALL BUSINESSES The City of Daytona Beach partnered with the Daytona Regional Chamber of Commerce to host a small business workshop focused on legal and financial literacy. The event welcomed 21 attendees, including local business owners and nonprofit leaders. Speakers included Bill Rice of Cobb Cole, who covered business structure, licensing, contracts and HR regulations, and Matt Thompson of James Moore & Company, who presented on accounting practices including tax compliance, record keeping and internal controls. Attendees praised the workshop’s accessibility and value, and both the city and Chamber plan to offer similar events in the future.
2023-2024 CRA Annual Report | 13
COMMUNITY ENGAGEMENT
Daytona Beach residents enjoyed community events that brought families and neighbors together. In December, the annual Christmas Parade featured marching bands, colorful floats and a festive fireworks show near Jackie Robinson Ballpark. In April, the Crab & Seafood Festival returned to Dr. Mary McLeod Bethune Boulevard with seafood vendors, live music, local artisans and a Kids Zone. Staff were present and took part in the Housing Fair. JACKIE ROBINSON BALLPARK In August, city and team officials broke ground on a $30 million renovation of Jackie Robinson Ballpark, wearing matching jerseys honoring the number 9 Robinson wore during his historic 1946 game. ACCELERATE BUSINESS SUMMIT The Accelerate Business Summit was held in February, at the Yvonne Scarlett-Golden Cultural and Educational Center to support entrepreneurs. Mayor Henry and city commissioners encouraged such an event, a joint effort from multiple city departments contributed to the success of the summit. TRIAGE BUSINESS DEVELOPMENT PROGRAM Launched in 2024, the Triage Business Development Program offers tailored support to local businesses and nonprofit organizations. Sponsored by the Redevelopment and Neighborhood Services Department, this no-cost program provides personalized assessments, expert guidance and strategic planning. The program’s first cohort included 21 participants and was supported by the city’s Economic Development and Permits and Licensing departments.
CRAB & SEAFOOD FESTIVAL <<
JACKIE ROBINSON BALLPARK<<
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CHRISTMAS PARADE <<
Grants The City of Daytona Beach continues to support investment and revitalization in its five redevelopment areas—Ballough Road, Downtown, Main Street, Midtown and South Atlantic— through a variety of grant programs for residential and commercial property owners. In November 2023, a new fiscal year allocation renewed funding for these grants, which are available year-round and typically processed within 10 business days of a completed application. In May 2024, the programs were expanded, with a total of $1,081,662.07 allocated to enhance accessibility and support a wider range of projects. AVAILABLE GRANTS / INCENTIVE PROGRAMS INCLUDE: • Commercial Property Improvement & Professional Design Assistance Program: Matching grant for exterior and interior improvements. Business owners may receive up to $50,000, or 80% of project costs. Loans are forgivable after two years. • Lease Subsidy Grant Program: Matching grant to subsidize up to three months of rent for new or expanding businesses, capped at $1,500 per month. • Historic Preservation Grant (Residential/Commercial): Matching grant for improvements to buildings located within designated historic districts. • Upper Floor Residential Grant: Assists property owners in adding upper-story residential units in commercial buildings. • Landscape Improvement Grant: Provides funding for landscaping enhancements along key corridors to improve aesthetics and curb appeal. • Small Project / Commercial & Business Incentive Grant Program: Supports interior and exterior improvements. Existing businesses may receive up to $15,000, while new or expanding businesses can qualify for up to $20,000. • Residential Facade Grant: Matching grant to assist homeowners to improve the exterior of their homestead property. These grants are part of the city’s broader effort to promote economic development, neighborhood beautification and historical preservation.
BEFORE & AFTER RESIDENTIAL GRANTS <<
2023-2024 CRA Annual Report | 15
Financials
The BALLOUGH ROAD REDEVELOPMENT DISTRICT is located on the mainland, between Second Street and Fairview Avenue, between Riverside Drive and the Intercoastal Waterway, as indicated on the following map in blue.
The finances of the Ballough Road Redevelopment District are recorded in a separate fund in the general ledger of the City of Daytona Beach.
This fund is numbered 132: Redevelopment – Ballough Road.
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REVENUES
The primary revenue of the Ballough Road Redevelopment District is generated by the portion of property taxes generated by taxable property values above the base level of $ 9,086,882 established when the CRA was created, as generated by the City of Daytona Beach, Volusia County, and Halifax Hospital. In FY 2023/24, the CRA’s TIF revenues totaled $ 258,302.68. The budgeted equivalent TIF revenues for the current year total $ 286,242.
$35
The provided chart indicates the total taxable value, segregated into the base and increment. The base represents the taxable value when the CRA was established in 1985.
$30
$25
Increment Base
$20
$15
$10
$5
The district is scheduled to expire in 2036.
$-
FY 2017/18
FY 2018/19
FY 2019/20
FY 2020/21
FY 2021/22
FY 2022/23
FY 2023/24
EXPENDITURES - FUND 132
The expenditures for FY 2023/24 included the following: • $95,421.05 for personal services and benefits • $42,905.01 for a developer grant – TIF agreement payment
• $20,285.33 for operating expenditures. The largest operating expenditures were for grant expenditures ($ 8,998.50), information systems internal charges ($ 4,862.19), car allowance ($ 3,078.75), employment services internal charges ($ 637.50), printing & binding ($ 532.76), and professional services - other ($ 500.00).
2023-2024 CRA Annual Report | 17
Financials
The DOWNTOWN REDEVELOPMENT DISTRICT is located on the mainland, between the railroad tracks and the Intercoastal Waterway, between Main Street and South Street, as indicated on the following map in red:
The finances of the Downtown Redevelopment District are recorded in a separate fund in the general ledger of the City of Daytona Beach.
This fund is numbered 130: Redevelopment – Downtown.
REVENUES
The primary revenue of the Downtown Redevelopment District is generated by the portion of property taxes generated by taxable property values above the base level of $ 49,000,577 established when the CRA was created, as generated by the City of Daytona Beach, Volusia County, Halifax Hospital, and the Downtown Development Agency. In FY 2023/24, the CRA’s TIF revenues (excluding the Downtown Developoment Agency) totaled $ 2,125,815.96. The budgeted equivalent TIF revenues for the current year total $ 2,472,639. Traditionally, the TIF revenues generated by the Downtown Development Agency have been transferred back to the Downtown Development Agency. As such, these amounts are not included in the discussion of revenues or expenditures.
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$300
The following chart indicates the total taxable value, segregated into the base and increment. The base represents the taxable value when the CRA was established in 1982.
$250
$200
Increment Base
$150
$100
$50
$-
The district is scheduled to expire in 2036.
FY 2017/18
FY 2018/19
FY 2019/20
FY 2020/21
FY 2021/22
FY 2022/23
FY 2023/24
EXPENDITURES - FUND 130
The expenditures for FY 2023/24 included the following: • $ 225,937.05 for capital expenditures related to the Beach Street Redevelopment project. • $ 172,337.80 for scheduled bond payments. The bonds will be paid off in 2028. • $ 1,570.07 for capital expenditures related to the Orange Avenue Trail (Sun Trail) project. • $ 149,210.04 for personal services and benefits • $ 1,301,939.96 for operating expenditures. The largest operating expenditures were for other contractual services ($ 815,459.59), grant expenditures ($ 149,989.11), projects ($ 1047,080.80), electricity ($ 54,756.53), and maintenance and repair ($ 22,484.14).
2023-2024 CRA Annual Report | 19
Financials
The MAIN STREET REDEVELOPMENT DISTRICT is located on the beachside, between the Atlantic Ocean and the Intercoastal Waterway, between Oakridge Boulevard and International Speedway Boulevard, as indicated on the provided map. The finances of the Main Street Redevelopment District are recorded in a separate fund in the general ledger of the City of Daytona Beach. This fund is numbered 131: Redevelopment – Main Street. Additionally, a recent debt issuance for the district has not been completely expended. The remaining proceeds of this debt issuance are recorded in a separate fund, number 302 in the general ledger.
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REVENUES
The primary revenue of the Main Street Redevelopment District is generated by the portion of property taxes generated by taxable property values above the base level of $ 68,695,639 established when the CRA was created, as generated by the City of Daytona Beach, Volusia County, and Halifax Hospital. In FY 2023/24, the CRA’s TIF revenues totaled $ 5,605,020.16. The budgeted equivalent TIF revenues for the current year total $ 6,322,991.
$- $100 $200 $300 $400 $500 $600 $700
The following chart indicates the total taxable value, segregated into the base and increment. The base represents the taxable value when the CRA was established in 1981.
Increment Base
The district is scheduled to expire in 2036.
FY 2017/18
FY 2018/19
FY 2019/20
FY 2020/21
FY 2021/22
FY 2022/23
FY 2023/24
EXPENDITURES - FUND 131
The expenditures for FY 2023/24 included the following: • $ 2,511,260 for scheduled bond payments • $ 104,979.75 for expenditures related to the Main Street Coquina Arch Repair project • $ 309,707.11 for personal services and benefits • $ 367,958.19 for operating expenditures. The largest operating expenditures were for grant expenditures ($ 153,715.90), information systems internal charges ($ 47,243.40), other contractual services ($ 42,874.34), maintenance and repair ($ 26,722.22), and project ($ 25,016.42). EXPENDITURES – FUND 302 • The Main Street CRA refinanced its existing bonds, which resulted in an additional $ 5,155,756 in available funds which are maintained in a separate fund. • In FY 2023/24, $ 51,756.55 was expended on costs related to the Debt – Main Street CRA Improvements project.
2023-2024 CRA Annual Report | 21
Financials
The MIDTOWN REDEVELOPMENT DISTRICT is located on the mainland, between the railroad tracks on the east and extending to the west as far as Frederick Avenue to the west, , between a little north of George W. Engram Boulevard to Shady Place, as indicated on the provided map in green. The finances of the Midtown Redevelopment District are recorded in a separate fund in the general ledger of the City of Daytona Beach. This fund is numbered 133: Redevelopment – Midtown. Additionally, a recent debt issuance for the district has not been completely expended. The remaining proceeds of this debt issuance are recorded in a separate fund, number 303 in the general ledger.
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REVENUES
The primary revenue of the Midtown Redevelopment District is generated by the portion of property taxes generated by taxable property values above the base level of $ 60,641,706 established when the CRA was created, as generated by the City of Daytona Beach, Volusia County, and Halifax Hospital. In FY 2023/24, the CRA’s TIF revenues totaled $ 1,033,077.64. The budgeted equivalent TIF revenues for the current year total $ 1,228,305.
$100 $120 $140 $160 $180
The following chart indicates the total taxable value, segregated into the base and increment. The base represents the taxable value when the CRA was established in 1997.
Increment Base
$- $20 $40 $60 $80
The district is scheduled to expire in 2036.
FY 2017/18
FY 2018/19
FY 2019/20
FY 2020/21
FY 2021/22
FY 2022/23
FY 2023/24
EXPENDITURES – FUND 133
The expenditures for FY 2023/24 included the following: • $ 268,975.1 for scheduled bond payments. The bonds will be paid off in 2028 and 2036. • $ 3,601.34 for expenditures related to the Land Acquisition project. • $ 10,842.05 for expenditures related to the West ISB Streetscape project. • $ 149,718.92 for personal services and benefits • $ 260,741.41 for operating expenditures. The largest operating expenditures were for projects ($ 90,363.52), grant expenditures ($ 73,840.25), professional services – other ($ 46,538.86), maintenance and repair ($ 23,964.22), and electricity ($ 7,821.09). EXPENDITURES – FUND 303
The expenditures for FY 2023/24 consisted of the following: • $ 1,126,406.61 in the Debt – Midtown CRA Improvements project • $ 25,000.00 in bond issue costs • $ 5,779.00 in professional services – contaminated site mitigation costs
2023-2024 CRA Annual Report | 23
Financials
The SOUTH ATLANTIC REDEVELOPMENT DISTRICT is located on the beachside, between International Speedway on the north, extending slightly south of Silver Beach Avenue to the south. It primarily runs along the Atlantic Ocean, as indicated on the provided map in orange.
The finances of the South Atlantic Redevelopment District are recorded in a separate fund in the general ledger of the City of Daytona Beach.
This fund is numbered 134: Redevelopment – South Atlantic.
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REVENUES
The primary revenue of the South Atlantic Redevelopment District is generated by the portion of property taxes generated by taxable property values above the base level of $ 63,521,382 established when the CRA was created, as generated by the City of Daytona Beach, Volusia County, and Halifax Hospital. In FY 2023/24, the CRA’s TIF revenues totaled $ 426,387.16. The budgeted equivalent TIF revenues for the current year total $ 515,379.
$120
The following chart indicates the total taxable value, segregated into the base and increment. The base represents the taxable value when the CRA was established in 2000.
$100
$80
Increment Base
$60
$40
$20
The district is scheduled to expire in 2036.
$-
FY 2017/18
FY 2018/19
FY 2019/20
FY 2020/21
FY 2021/22
FY 2022/23
FY 2023/24
EXPENDITURES - FUND 130
The expenditures for FY 2023/24 included the following: • $ 4,544.97 for personal services and benefits
• $ 29,980.34 for operating expenditures. The largest of these expenditures were for grant expenditures ($ 22,500.00), maintenance and repair ($ 3,668.07), professional services – other ($ 2,400.00), printing and binding ($ 923.77), and advertising legal/recruiting ($ 275.00).
2023-2024 CRA Annual Report | 25
Financials
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Financials
2023-2024 CRA Annual Report | 27
CRA ANNUAL REPORT (2023-2024) DaytonaBeach.gov/Redevelopment
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