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Middletown IDA approves 2025 budget estimate, forwards 2026–28 projections; OKs $3,500 reimbursement

City of Middletown Industrial Development Agency · October 15, 2024
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Summary

The City of Middletown Industrial Development Agency on Oct. 15 approved a 2025 budget estimate and projections through 2028 for state PARIS reporting, accepted routine financial reports, and authorized a $3,500 reimbursement to the city for secretarial services. Votes were recorded by roll call.

The City of Middletown Industrial Development Agency voted Oct. 15 to approve a 2025 budget estimate and to forward projected budget estimates for 2026–2028 to state reporting, accepted its regular financial reports, and authorized a $3,500 reimbursement to the City for secretarial services.

The action came after the Finance Committee reviewed a budget presentation from Treasurer Leonora Liz and recommended the estimate and multi-year projections to the full board. Treasurer Liz presented the PARIS report budget figures covering 2025–2028,…

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