Jax Mayor’s Office reviews Downtown Investment Authority budget

JAX BOLD LARGER

The office of Jacksonville Mayor Lenny Curry reviewed the Downtown Investment Authority budget on Tuesday; below, some highlights.

One interesting point out of this — LaVilla development plans are moving apace, with DIA working with consultants.

Also in consultant mode: the downtown parking study, as DIA is responsible for downtown parking now.

Parking revenues are down $152,000 a year, with hourly parking removed from the Water St. garage being the primary mover. Monthly parking in the space is less lucrative.

Fines and forfeitures: also down, $189,000 year over year.

Credit card fees are up, driven by facility meters and on-street meters. Another 300 electronic, credit card accepting meters are on their way as well.

In that vein, hardware and software fees are up, a function of tracking software for these devices.

Meanwhile, there is $270,000 — give or take — available in cash carryover for enhancement requests.

DIA seeks $275,000 for a capital purchase, to add to $275,000 allocated last year, for five garages — specifically entry control systems. These are not leasable, and theoretically last 20 years.

DIA also wants a new vehicle, to be dedicated to four additional Southbank properties that will bring in $12,000 a year total.

Roughly $170,000 of interest accumulated, meanwhile, is sought for historical preservation costs, which could include the Barnett Bank building.

 

A.G. Gancarski

A.G. Gancarski has written for FloridaPolitics.com since 2014. He is based in Northeast Florida. He can be reached at [email protected] or on Twitter: @AGGancarski



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