CRA Annual Report - 2024-2025

$300

The chart provided indicates the total taxable value, segregated into the base and increment. The base represents the taxable value when the CRA was established in 1982. The district is scheduled to expire in 2036.

$250

$200

Increment Base

$150

$100

$50

$-

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 2024/25 included the following: • $ 238,960 for capital expenditures related to the Beach Street Redevelopment project.

• $ 237,831 for scheduled bond payments. • $ 136,885 for personal services and benefits • $ 2,259,527 for operating expenditure.

The largest operating expenditures were for other contractual services ($1,204,971), capital outlay – leases ($329,820), grant expenditures ($430,276), projects ($50,131), and utilities ($66,704).

2024-25 CRA Annual Report | 21 | Return to Table of Contents

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