LYNN HAVEN — The Community Redevelopment Agency (CRA) in Lynn Haven is recovering from the impact of the nation’s economic slump, according to Mayor Walter Kelley.
Acting as the CRA board, city commissioners approved the annual fiscal report during Tuesday’s meeting. Documents show the city’s CRA fund balance was $896,155 in tax increment funds. Total CRA revenue through 2012 was $233,816, while spending only $183,992 during the year.