to order. Uh, apologize for the slight delay, but we're going to go ahead and get started. >> Do we have any public commentary in regards to the CRA? >> Mr. Walker. Walker 1106 Michigan Avenue. Um
uh are you excusing? >> Excusing chairman. >> I guess we do do we need to officially do that? >> Okay, we'll do that when we get to business.
Um, you have to go back u 2002, 2003, 2004 when the CRA was originally started, understand what it was about and why it was founded. If you don't understand that and you don't know why it was founded, I would suggest you look into it. I'm looking at the CRA budget
and the book uh final September 23 and 25. Uh, this is my copy which is edition four. Fifth does not have the CRA um revenues in it.
The budget for 202526 page 19 total revenues detailed by fund. TIFF is up 10% from last budget year.
Net or complete revenues for 2026 2026 482,13986 page one of the budget 2026 85 page 8687 CRA info in detailed acting page 23 says
revenue for tiff from Bay County 6,600 six 6,670 80600 up 11 cents percent. That gives you a total revenue for the CRA of Linhaven which is a separate organization from
the city of Linhaven complete total the total re revenue for the CRA that area is 100 1,149,945 total tiff included in that is Bay county's 6,670
um 886. It seems that we get more tiff money from Bay County. I had said that you better take a look at cancelling the CRA out when it when it sunsets. It was noted that we would lose 6,000
$667,86. That's kind of conjecture. You want to tell me? Tell me >> what. All right. Okay. You tell me why we're receiving more TIFF money in an area Bay County
which doesn't have TIFF doesn't have CRAAS 6,67786 versus our 482,139. Why are they getting more money from our tiff which they returned to us
supposedly? My question to you is why? I discussed it with Bay County. Bay County does not have CRAAS. Does not have a TIFF. Would this be part of the money that's returned to us? Because we have our own sheriff's department. We have our own
fire department. That shouldn't be maxed in TIFF. Why are they getting more money? And before this hurricane, the main um Marina Island LLC asked for us to join
the CRA. We told them it would cost us. Is my three minutes up? >> Okay, >> Mr. Jen, can you >> My question to you is this. Why are we getting more money from them than and we have to get We're going to lose it. I don't think my discussion with Bay
County, they're they're not considering a loss. They're consider us greedy. Thank you for asking this question, Mr. Walker. Uh I think the answer is uh the county is proposing a higher milit rate.
So the tax base is the same, but the military is higher. Wouldn't you agree, Miss Kiki? and and that's the reason why their portion of the tax increment funding is 677,000 and some change and the city's portion
um actually decreased a little bit since we last met. >> So then >> Chris I have no sound >> Bay County uh 5.6362 which includes the mosquito district. So
they're assessing more than the city is. >> Yes. Thank you. >> That answer your question, Mr. Walker? >> Your question, Mr. Walker? >> Question. Arctif. I'm not sure I understand the question. Can I can I try?
So Bay County assesses their own millage rate. They have a govern governing board that votes on their millage rate just as the city commission votes on our millage rate. My latest information is they are
keeping their millillage stagnant which I have fixed into the budget last year's millillage and to the best of my knowledge next year's millillage 5.6362. So for those folks who live inside the CRA,
they will pay that 5.6 to Bay County and they will pay the millillage to Linhaven, which is why I make the comment, you get the piece of paper from the property assessor and residents look at that
dollar amount on the bottom, less than half of that dollar amount actually goes to Linhaven. more than half of that amount goes to Bay County. Now, if you are a resident that does not
live in the CRA, you are still paying Linhaven Village and Bay County Mill, but the city does not get any of that or any portion of Bay County's millillage.
if you do live inside the CRA. >> Thank you. Do we have any more public commentary about the CRA? All right, we'll be moving on to uh before we get to the consent agenda, the excusing chairman Nelson.
>> You just need to make a motion. All right. Motion to excuse the chair. Um, Mayor Nelson. >> Second. All >> right. Mr. Lightfoot, will you call the role? >> Mr. Perno? >> Yes. >> Mr. War?
>> Yes. >> Mr. Miss Tender. Miss Tinder, Mr. Peeles. >> Yes. >> All right. Moving on to the motion passes. Moving on to the consent agenda.
Approval of the meeting minutes from September 9th, 2025. >> Motion to approve. Second. >> Mr. Lightville, would you please call the role? >> Mr. War. >> Yes.
[Music] >> Yes. >> Miss Tinder. Miss Tinder. Mr. Peeles. >> Yes. >> We need Miss Tender's vote. >> But we do need to figure out how to make
sure she is heard and her vote is recorded on the record. Yeah, let's take a 5m minute break for them to figure this out. [Music] Yes. >> All right. Five minute break over.
Uh motion passes. Moving on to new business. discussion and possible approval of the final CRA budget for fiscal year 2025 2026 resolution number 2025912. >> You want to read the resol?
>> Yeah. Can you Mr. Loot, can you read the resolution, please? A resolution adopting a final budget for the Linhaven for the Linhaven Community Redevelopment Agency for the fiscal year 2025 2026 and
appropriating for the purposes specified redevelopment trust funds in amount specified for dispersement according to said budget for the fiscal year 2025 2026. >> Mr. Jenke, >> so this item is about the approval of
the proposed budget for the upcoming fiscal year. Uh you may have noticed that the numbers have changed uh slightly since we last talked about it. Um the proposed revenue uh reduced was reduced by $26,268
and that's because of the change of the the reduction of the city millage rate. Um you can see this here reflected in on the proposed uh CRA revenues. Um in addition the um expenses uh for the CRA
increased by $5,200 and I think a line item was added there for liability insurance. I don't know exactly where that number came from, but I think uh the city interim city manager has been working on this uh since we had the workshop last time.
>> We had a a meeting with our insurance broker on Friday afternoon. We were able to go through the amounts specified in our entire policy and break those out into the appropriate funds for the enterprise fund as well as the CRA. The CRA just has one vehicle.
So revenue went down a little bit, expenses went up a little bit. The difference will be covered u by the transfer uh from reserve. Um so the new values are the proposed revenues is uh $1,193,582
proposed expenditures 1,999,274 and the proposed transfer from reserve from the CRA reserve $85,000 and 6 $85,692. >> All right. Is there any discussion from the board?
>> I'd like to make a motion that we approve the budget. >> Second. >> All right. There's a motion on the floor. Do we have any uh comments from the public about the CRA budget?
All right. Mr. Lightfoot, could you please call the role? >> Mr. Pero? >> Yes. >> Mr. War? >> Yes. [Music] Yes. Motion passed. Meeting adjourned.