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Council weighs supplemental funding as demand outpaces Umatilla small-business grants
Summary
City staff warned that two small-business grant pools (local business and downtown revitalization) are nearly exhausted after strong application volume and will return to council with options for supplemental funding or prioritization to cover pending awards.
City staff told the Umatilla City Council on Nov. 5 that two small-business grant programs are seeing greater demand than budgeted and may require a one-time budget adjustment.
Staff explained the local business grant allocation was reduced during the current budget to $150,000 and the downtown-revitalization pool to $100,000. To date staff reported $94,246.25 awarded from the local-business fund with about $55,000…
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