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Downtown Lansing Inc. projects $825,000 revenue and expense increase; readies sidewalk input for CSO reconstruction
Summary
Downtown Lansing Inc. told council its operating income and expenses will each rise by about $825,000, driven by state-allocated funding and higher insurance and maintenance contract costs; the organization said it is coordinating with the planned CSO street reconstruction for accessible sidewalks and is expanding merchant training access.
Kathleen Agerly, executive director of Downtown Lansing Inc., told the Committee of the Whole on May 5 that DLI's proposed budget shows an increase in both income and expenses of about $825,000, driven by state-allocated funding and higher insurance and maintenance-contract costs.
Agerly said, “The financial differences largely include state allocated funding, as well as…
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