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Poquoson EDA approves FY2026 budget as amended, delays Alliance payment pending review
Summary
The Poquoson Economic Development Authority approved its proposed fiscal year 2026 budget after amending a line to withhold a $14,000–$14,500 payment to the Hampton Roads Economic Development Alliance until the Alliance presents details and the board reviews the request.
The Poquoson Economic Development Authority voted unanimously to approve its proposed fiscal year 2026 operating budget after amending the language to withhold a planned payment to the Hampton Roads Economic Development Alliance pending further review.
An unidentified presenter outlined the budget and described routine line items including BMP fees, property insurance, professional fees for items such as wetlands delineation, and an interest/financing line item of about $14,000. The presenter asked the board to forward the budget to the city…
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