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Middletown CDA approves 2026 budget, forwards 2027–29 estimates and accepts financial report
Summary
The City of Middletown Community Development Agency approved its 2026 budget, forwarded estimated budgets for 2027–2029 to the full board for review and authorized submission to New York State's PARIS. The board also accepted monthly financial statements showing account balances, deposits and an outstanding balance with the city.
The City of Middletown Community Development Agency on an unspecified September date approved its 2026 agency budget, voted to forward the agency's 2027–2029 estimated budgets to the full board and authorized submission of the budget documents to New York State's PARIS reporting system.
Leonor (presenter) told the finance committee that the proposed 2026 budget shows total revenue of about $985,022 and total expenses of about $911,400, leaving an estimated surplus of $73,622 for 2026. Leonor said the 2027–2029 estimates presented to the committee were “about…
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