Loading weather…Loading high…Loading low…Loading air quality…Loading tides…Loading tides…Loading weather…Loading high…Loading low…Loading air quality…Loading tides…Loading tides…
Skip to content

Alternative to Protect the City of Atlantic Beach Budget

Alternative to Protect the City of Atlantic Beach Budget
Published:

At last week’s Commission meeting, Mayor Ford suggested setting aside $500,000 from next year’s proposed budget to hedge against potential revenue loss if Florida Amendment 3 passes on November 3rd. While forward planning is essential, reserving funds already allocated in the proposed budget could cause unnecessary delays or cuts to city services, projects, maintenance, and other community priorities.

Alternatively, the City could complete the proposed sale of the Dollar General Market property and place the estimated $875,000 in proceeds into a designated, interest-bearing reserve fund. These funds would remain untouched until at least November 2027—and only be drawn upon if Amendment 3 passes.

Commissioner Jessica Ring noted a similar concept recently, suggesting the sale proceeds could reduce existing debt: “If we sell that lot, we could pay back the debt to the Selva Preserve... It is a win-win.”

If Amendment 3 fails, the reserved proceeds could instead be applied directly toward paying off the Selva Preserve loan. This strategy allows Atlantic Beach to cushion against a potential revenue shortfall while maintaining planned city services and projects uninterrupted during the 2026–2027 budget year. Additionally, completing this sale supports grocery access for Jacksonville residents in Mayport Village and citizens along the North Mayport Road corridor.

Susanne Barker
John Flynn
Atlantic Beach Preservation

Letter Writer

Opinions, letters and reader commentary. Views expressed are the author's own and do not reflect the positions of the Beach Gazette or Beaches News, Inc.

All articles

More in Letters

See all
Who Should Watch the Watchers?

Who Should Watch the Watchers?

/

More from Letter Writer

See all
Who Should Watch the Watchers?

Who Should Watch the Watchers?

/
Bob's Barber Shop, 701 Atlantic Blvd., Atlantic Beach, 904-247-0049