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IDA financial report: pilot revenues exceed $3.5M for year; micro‑enterprise fund balance and Time With Salon application discussed
Summary
Herkimer County IDA staff reported pilot receipts for the year exceed $2,000,000 and total pilot payments are about $3.5 million; the board approved financial statements and a six‑year budget submission.
Herkimer County IDA staff presented the agency's financial materials and grant activity, reporting strong pilot revenues and proposing the six‑year budget required for state reporting.
Staff reported that schools’ pilot receipts for the year exceed $2,000,000 and that total pilot payments for the year are about $3.5 million. The board approved a motion to accept the financial statements as presented.
The board also…
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