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Middletown CDA approves 2025 budget, forwards 2026–28 estimates to state
Summary
The Middletown Community Development Agency approved the proposed 2025 budget and estimates for 2026–2028 and forwarded them as its PARIS submission; Treasurer Leonora said 2025 reflects construction costs for 54 Washington and expects that property to sell in 2025.
Treasurer Leonora presented the Community Development Agency’s proposed 2025 budget and estimates for 2026–2028 and said the agency will submit those figures on the state PARIS report. Leonora told the board the 2025 budget includes construction costs tied to 54 Washington and said, “we are expecting to sell 54 Washington in 2025.”
The treasurer cited a 2025 revenue figure reported in the presentation as $1,285,018 and a 2025 total expense of $837,400.…
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