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Ithaca Urban Renewal Agency adopts FY2026 administrative expenditure budget as presented
Summary
The Ithaca Urban Renewal Agency adopted its fiscal year 2026 administrative expenditure budget dated 10/07/2025 by unanimous vote during the board’s Oct. 7 meeting.
The Ithaca Urban Renewal Agency adopted its fiscal year 2026 administrative expenditure budget dated 10/07/2025 by unanimous vote during the board’s Oct. 7 meeting.
Staff presented the expenditure budget and related financial materials, saying the proposed spending plan increases operating expenses by less than 1% and includes a 3% adjustment for staff pay. "The budget does include $10,000 to continue to do the work on Inlet Island to get that ready for development proposals," said Nels, a staff member. The proposal maintains current staffing levels (3.63 full‑time equivalent positions) and does not add capacity.
The committee recommended the expenditure budget for…
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