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Portsmouth EDA approves minutes, hears financial report showing $20.1M net position
Summary
At its final meeting of the year the Portsmouth Economic Development Authority approved its Nov. 18 minutes and heard a financial report showing a net position of about $20.1 million as of Nov. 30, 2025. Staff also summarized operating revenues, expenses and grant activity.
The Portsmouth Economic Development Authority on the final meeting of the year approved its Nov. 18 minutes and received a financial report for the period ending Nov. 30, 2025.
A finance presenter told commissioners the authority had about $6,100,000 in cash and $1,700,000 in receivables, with land and hotel air rights valued…
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