Portsmouth EDA reports $20 million net position at fiscal-year end; staff cites $940,000 year-over-year decrease

The EDA’s quarterly financial report for the period ending June 30, 2025, shows about $47.4 million in cash, $12.6 million in property held for sale, $9.97 million in liabilities and a net position of roughly $20 million, a decrease of about $940,000 from the prior year; staff noted operating revenue shortfalls and property sale gains/losses.