Annual Reports


At the end of March of each year, the Fort Myers CRA creates and distributes an Annual Report of its activities and accomplishments from the previous fiscal year, which begins on October 1 and ends on September 30. In accordance with s. 163.356(3)(c), Florida Statutes, the annual report for the Community Redevelopment Agency (CRA) of Fort Myers, Florida, is filed with the City of Fort Myers, Florida, and the report is available for inspection during business hours in the office of the city clerk, located on the 4th floor of City Hall, 2200 Second Street, as well as in the office of the Fort Myers CRA, located at 1400 Jackson Street, Suite 102. In addition, electronic versions of CRA Annual Reports are listed below. All Annual Reports include information on activities for the preceding fiscal year, and a complete financial statement setting forth assets, liabilities, income, and operating expenses as of the end of the fiscal year.

Click the links below to access Fort Myers CRA Annual Reports

2016 Annual Report (Oct. 1, 2015-Sept. 30, 2016)

2015 Annual Report (Oct. 1, 2014-Sept. 30, 2015)

2014 Annual Report (Oct. 1, 2013-Sept. 30, 2014)

2013 Annual Report (Oct. 1, 2012-Sept. 30, 2013)

2012 Annual Report (Oct. 1, 2011-Sept. 30, 2012)

2011 Annual Report (Oct. 1, 2010-Sept. 30, 2011)

2010 Annual Report (Oct. 1, 2009-Sept. 30, 2010)

2009 Annual Report (Oct. 1, 2008-Sept. 30, 2009)

2008 Annual Report (Oct. 1, 2007-Sept. 30, 2008)

2007 Annual Report (Oct. 1, 2006-Sept. 30, 2007)

2006 Annual Report (Oct. 1, 2005-Sept. 30, 2006)

2005 Annual Report (Oct. 1, 2004-Sept. 30, 2005)


Links


www.cityftmyers.com/Community-Redevelopment-Agency

Official Website of the Fort Myers CRA

www.filmfortmyers.com

Official website of the Fort Myers Film Office

www.cityftmyers.com

Official City of Fort Myers, Florida, website

www.riverdistrictevents.com

Official website of the River District Alliance

www.myriverdistrict.com

River District Info & Events

What is…


(Click titles below for more information)

  • …a CRA Area or District?
    Under Florida law (Chapter 163, Part III), local governments are able to designate areas as Community Redevelopment Areas when certain conditions exist. Since all the monies used in financing CRA activities are locally generated, CRAs are not overseen by the state, but redevelopment plans must be consistent with local government comprehensive plans. There are currently 178 Community Redevelopment Areas in the State of Florida. The designation is used by Florida cities of all sizes.
  • …a CRA Agency?
    The activities and programs offered within a Community Redevelopment Area are administered by the Community Redevelopment Agency (“CRA”). A five- to seven-member CRA “Board” created by the local government (city or county) directs the agency. The Board can be comprised of local government officials and or other individuals appointed by the local government. Although one local government may establish multiple CRA districts, there generally may be only one CRA Board. Each district must maintain separate trust funds, and expend those funds only in that district. The Fort Myers City Council serves as the CRA Board.
  • …a Redevelopment Plan?
    The Community Redevelopment Agency (“CRA”) is responsible for developing and implementing the Community Redevelopment Plan that addresses the unique needs of the targeted area. The plan includes the overall goals for redevelopment in the area, as well as identifying the types of projects planned for the area.
  • …Tax Increment Financing?
    Tax increment financing is a unique tool available to cities and counties for redevelopment activities. It is used to leverage public funds to promote private sector activity in the targeted area. The dollar value of all real property in the Community Redevelopment Area is determined as of a fixed date, also known as the “frozen value.” Taxing authorities, which contribute to the tax increment, continue to receive property tax revenues based on the frozen value. These frozen value revenues are available for general government purposes. However, any tax revenues from increases in real property value, above the frozen value—referred to as “increment,” are deposited into the Community Redevelopment Agency Trust Fund and dedicated to the redevelopment area.
  • …a FAQ Summary?
    CRAs are a specifically focused financing tool for redevelopment. CRA Boards do not establish policy for the city or county – they develop and administer a plan to implement that policy. The CRA acts officially as a body distinct and separate from the governing body, even when it is the same group of people. The CRA has certain powers that the city or county by itself may not do, such as establish tax increment financing, and leverage local public funds with private dollars to make redevelopment happen. The CRA term is limited to 30 years, 40 years if extended. After that time, all revenues (presumably much increased from the start of the CRA) are retained by each taxing entity that contributed to the CRA trust fund.


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