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Revenue & Financial Information

The Tallahassee CRA is not a taxing entity and, as such, has no role in setting millage rates for purposes of income. The primary source of revenue for the Tallahassee CRA is tax increment contributions from the City of Tallahassee and Leon County based on the millage rates established by those local governments. For FY 2016, the millage rate for the City of Tallahassee is 4.2 and the millage rate for Leon County is 8.814. The County's rate includes millage of 0.500 for Emergency Medical Services. The Tallahassee CRA does not receive any tax increment from Leon County Schools, the Tallahassee Downtown Improvement Authority or the Northwest Florida Water Management District. Other sources of revenue for the Tallahassee CRA include interest and principal from redevelopment loans and short- and long-term parking fees.

The Tallahassee CRA's fiscal year is the same as the City of Tallahassee's, from October 1 to September 30.

If you have any questions about the Tallahassee CRA finances, please call or email Sherri Curtis (850-891-8354) or Sheila Thompson-Williams (850-891-8355).

Audits & Annual Report Information

The Tallahassee CRA's Annual Audit is contained within the City of Tallahassee's Comprehensive Annual Financial Report (CAFR) as a Blended Component Unit. View copies of the CAFR for the last ten years. The CRA annual financial information is also contained in the City's Annual Financial Report, which is available on-line through the State of Florida's Department of Financial Services at https://apps.fldfs.com/LocalGov/Reports/.

The City of Tallahassee Auditor's Office conducted an audit of the Tallahassee CRA in 2014 to (1)  assess the CRA's compliance with selected requirements in Chapter 163, Part III, Florida Statutes; (2) determine whether selected CRA transactions, events, and activities were proper and appropriate, in compliance with applicable laws, rules, policies, and good business practices, and properly recorded and supported; and (3) evaluate the effectiveness of performance measures used to assess and report the successes of the CRA. ;A copy of the audit (# 1425, issued in FY 2014) and final follow-up audit report (# 1510, issued in FY 2015) are available at the Auditing section of Talgov.com.

In accordance with 163.356(3)(c), Florida Statutes, each community redevelopment agency operating under Chapter 163, Part III, is required to file an annual report by March 31st of each year that describes its activities for the preceding fiscal year. The report is required to include a complete financial statement listing assets, liabilities, income, and operating expenses as of the end of the preceding fiscal year. Links to the Tallahassee CRA Annual Report from FY 2002 are provided below.

If you have any questions about the audits or the annual report, please call or email Sherri Curtis (850-891-8354) or Sheila Thompson-Williams (850-891-8355).

Annual Reports

Other Reports

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