Chipley Redevelopment Agency

On December 31, 1985, the City Council made the determination that a portion of downtown Chipley was an area suitable for redevelopment due to slum or blighted areas and that there was a need for rehabilitation, conservation, or redevelopment of this blighted area. At this time, the City Council defined the community redevelopment area and developed the community redevelopment agency board to carry out the community redevelopment purposes.

Appointment of Members, Terms and Vacancies


The redevelopment agency shall consist of seven (7) commissioners appointed by the city council pursuant to F.S. section 163.356, each of which shall serve for a term of four (4) years, except that three (3) of the members first appointed shall be designated to serve terms of one (1), two (2), and three (3) years, respectively, from the date of their appointments, and all other members shall be designated to serve for terms of four (4) years from the date of their appointments. A vacancy occurring during a term shall be filled for the unexpired term. Each commissioner shall hold office until his successor has been appointed and has qualified.


Annual Revenue


The Community Redevelopment Agency is funded by tax increment financing. Pursuant to F.S. 163.387, a redevelopment trust fund may be established for a community redevelopment area to finance or refinance community redevelopment. Annual funding of the redevelopment trust fund for the community redevelopment area is 95% of the difference between the amount of property taxes levied in the community redevelopment area each year and the amount of property taxes that would have been produced in the community redevelopment area prior to establishment of the trust fund. For Fiscal Year 2015-2016, the property tax rate levied by the City of Chipley is 7.000 mils.


Annual Financial Report


Audited annual financial data for the CRA can be found in the City of Chipley Annual Financial Report for the most recent completed fiscal year at the following link. 

Fiscal Year 2015-2016 Annual Financial Report (PDF)  
   


Annual Budget


Annual budgets for the CRA can be found in the City’s annual approved budget and you may view the CRA detailed budget at the following link: 

Fiscal Year 2017-2018 CRA Proposed Budget (PDF)
 
 

City of Chipley Community Redevelopment Plan


The City of Chipley originally established the CRA in 1985 to serve as a guide in revitalizing downtown Chipley and yield significant benefits to city residents. Due to the age of the document and changing economic, social, and community conditions, the City of Chipley and the Board identified the need to update its Community Redevelopment Plan that can be viewed at the following link:
Chipley Redevelopment Plan