TDA trustees flag dwindling funds, propose cross-entity task force to plan financial viability
Trustees heard a financial update showing declining TDA cash balances and discussed exploring recurring revenue sources — including HUD/CDBG, TIF, and possible rental/hold strategies — and agreed to form a focused task force with trustees and finance representatives.
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Tulsa Development Authority trustees reviewed the monthly financial report and discussed options to shore up TDA’s long-term viability, including pursuing recurring revenue sources and creating a cross-entity task force to develop a financing strategy.
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