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DDA previews FY2026 budget changes, proposes discretionary $1,500 fund and explains $350,000 museum loan amortization; board defers formal approval
Summary
The DDA director presented proposed FY2026 budget changes including a $1,500 miscellaneous discretionary fund, committee-specific budget allocations, and explained the amortization schedule for a $350,000 loan from the city for the children's museum. The board deferred final budget approval pending a purchasing policy.
DDA staff presented a draft FY2026 budget at the May 28 meeting that includes a proposed $1,500 miscellaneous discretionary fund for the director and a new approach to allocate specific budgets to DDA committees, staff said.
The director described the miscellaneous fund as intended for small, discretionary expenditures (thank-you cards, minor hospitality, small incidentals)…
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