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CETA approves supplemental budget reallocating Glenwood rental revenue to city

2658884 · February 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its meeting, the Springfield Economic Development Agency (CETA) unanimously adopted a supplemental budget (Fiscal Year 25, Supplemental Budget No. 2) transferring rental receipts from Glenwood properties to the city. The action passed by roll call after a public hearing with no public comment.

The Springfield Economic Development Agency unanimously adopted Fiscal Year 25 Supplemental Budget No. 2 on a roll-call vote after a brief public hearing.

Jessica Mummy, the city's budget and procurement manager, told the CETA board the supplemental budget “adjusts resources and requirements in the CETA Glenwood General Fund,” and transfers rental revenue from two…

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