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MSD amends FY26 planning: adds facade grant slots, plant brackets and funds for sidewalk work and trash receptacles
Summary
The MSD board approved increasing facade-grant capacity, authorized purchase of hanging planters and moved toward sidewalk repair funding and new trash receptacles. Staff reported MSD fund balance of about $231,584 and discussed pursuing a large rural downtown grant that would require a job-creation match.
At a regularly scheduled advisory-board meeting, the Municipal Service District (MSD) reviewed proposed FY26 revenues and expenditures, amended facade-grant capacity and approved several downtown streetscape purchases and budget directions.
Town staff financial presenter Randy Lanston walked the board through the proposed MSD budget. Lanston reported municipal service district tax receipts year-to-date of $44,377 and an estimated year-end MSD fund balance of about $231,584. He noted banner sales and small revenue lines; interest earnings were expected to be negligible. Lanston also presented three pending facade grant recommendations: $500 for 323 Barnes Street (the Junction), $5,000 for 302 Washington Street (Scott Tyson’s building) and $5,000 for the old furniture store (Larry Hyde). The downtown investment grant projection for the…
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