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Keene EDC approves FY2025-26 budget; board earmarks $100,000 for skate park
Summary
The Keene Economic Development Corporation Type B board approved the FY2025-26 budget and added a $100,000 earmark for a skateboard park after debate about prior direction and reserve balances; the final vote was 3-1.
The Keene Economic Development Corporation Type B board approved its fiscal year 2025-26 budget and amended it to add $100,000 earmarked to begin a skateboard-park project. The amended budget passed 3-1.
City staff presented the proposed budget, explaining that the board's revenue estimate for 2025-26 is about $364,000 and that operating expenditures (excluding capital projects) are roughly $322,000, leaving a modest operating surplus of about $41,000. Staff said planned capital expenditures would require drawing on reserves and that, if all capital projects were funded as proposed, the net position would reflect a draw of roughly $213,000 from reserves. Staff reported…
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