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IDB transfers $50,000 into business development account to fund study and programs

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Summary

The board approved a $50,000 transfer from pilot funds into the IDB business development account, increasing the account balance to support consulting and program needs in the current fiscal year.

The Industrial Development Board on June 2 approved a resolution transferring $50,000 from the IDB pilot funds account (NR1400306) into the IDB business development account (NR16). The transfer was described by staff as an administrative accounting action to fund current needs, including the…

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