Committee approves reimbursements and budget transfer to close two 2024 economic development grants

Saratoga CountyEconomic Development Committee on a voice vote approved reimbursement requests to close two 2024 economic development grants and authorized transferring funds from the grant reserve into the county operating account to pay the awards.

Committee staff said the reimbursements cover wrap-up work for two 2024 projects in the towns of Clifton Park and Malta and that the committee packet included receipts and backup documentation for those projects. The committee then voted to amend the 2025 county budget to move the money from the economic development grant reserve into the operating account.

The committee chair asked for a motion to approve the reimbursement requests; a motion and second were made and the chair called the vote, which passed with those present responding "Aye." Later a separate motion to transfer the funds from the economic development grant reserve and amend the 2025 county budget likewise passed on a voice vote.

Discussion during the agenda item focused on clarifying that one item listed in the packet was a reimbursement request rather than approval of a new grant award. Committee staff confirmed that documentation supports the reimbursements and that the two reimbursements can be processed together.

The actions conclude the countyprocess to close those two 2024 projects; no additional conditions or dissent were recorded in the meeting minutes provided.