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Council defers Midland Development Corporation budget after public concerns about transparency and commitments
Summary
City council voted 4–2 to defer approval of the Midland Development Corporation (MDC) fiscal-year budget after residents raised concerns about transparency, outstanding commitments and whether the corporation is meeting its statutory purpose.
The Midland City Council voted on July 22 to defer consideration of the Midland Development Corporation (MDC) fiscal-year 2025–2026 budget, after public comments and council discussion raised questions about transparency, outstanding commitments and whether the MDC is following the uses permitted by state law.
Councilman Burkholder requested a staff presentation; MDC staff explained the budget and emphasized that their revenue projections are conservative and that promotional expenditures are subject to separate board…
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