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PBA Proposes Structure for Prospective Lease Reductions

07/15/2015 8:50 PM | Anonymous member (Administrator)

The Santa Rosa Island Authority's 2016 proposed budget reflects a nearly 50% reduction and transfer of expenditures to the County.  If the budget and transfers are approved, then SRIA has agreed to reduce lease fees accordingly.  On July 13, 2015, the PBA sent a proposal to the Santa Rosa Island Authority encouraging SRIA to implement the proposed lease fee reduction across all classes of leaseholders by reducing each payers’ rate equally.  Details are available here.

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