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DDA approves fiscal year 2026 budget; board signaled fiscal year overlap with state reimbursements
Summary
The board approved the Downtown Development Authority’s fiscal year 2026 budget at the June 25 meeting. Staff noted that timing of state reimbursements and project carryovers affects how the year‑end numbers will appear but said FY26 will reflect incoming reimbursements for recently completed façade awards.
The Downtown Development Authority approved its fiscal year 2026 budget during the June 25 regular meeting after reviewing previously distributed materials and an amortization schedule for an outstanding loan related to the children's museum redevelopment.
Audrey, the DDA director, told the board the packet materials were unchanged from the previous month and…
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