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EDA reviews preliminary $62,500 operations request and fund balance
Dayton City Economic Development Authority (EDA) · July 30, 2024
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Summary
The EDA discussed a preliminary tax-levy request of $62,500 for operations and confirmed the EDA's fund balance is in the hundreds of thousands; staff noted alternatives to a levy and will provide a detailed breakdown of the request.
Commissioners revisited the EDA’s preliminary budget request and internal reserves. Staff said the EDA had proposed $62,500 for operations during earlier discussions and that the request had been circulated to…
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