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Owosso DDA approves mid‑year FY25‑26 budget amendments, updates capital plan
Summary
The Owosso Main Street & Downtown Development Authority approved mid‑year FY25‑26 budget amendments that reallocated $20,000 and added $16,328 for Public Works labor; the board also updated the 2026–2031 Capital Improvement Plan, removing a completed masonry repair and adding a Ground Bed Concrete Project.
At its Feb. 4, 2026 regular meeting, the Owosso Main Street & Downtown Development Authority approved mid‑year amendments to its FY25‑26 budget, reallocating $20,000 from Building Maintenance‑DPW to Contractual Services and increasing General Administration by $16,328 to cover Public Works labor costs.
Lizzie Fredrick, staff member, presented the proposed amendments and explained that roughly $40,000 had originally been budgeted from the fund balance because the South Washington Street Planter Removal Project and the Main Street Plaza Masonry Repair 2.0 were completed earlier than planned. The board voted to approve the amendments; the motion was moved by Commissioner Josh Ardelean and supported by Commissioner Jill Davis. The meeting record states the motion carried with all members voting aye.
Fredrick also reviewed the Owosso Main Street (OMS) & Downtown Development Authority 2026–2031 Capital Improvement Plan. She confirmed removal of the Main Street Plaza Masonry Repair 2.0 from the CIP because the work was completed and said the Ground Bed Concrete Project was added to the plan. Other projects noted in the CIP overview included the Downtown Streetlight Replacement Project, Parking Lot #9 Reconstruction, a Downtown Mural Project, and IT upgrades.
The board’s formal approvals at the meeting leave the amended budget and the updated CIP to be implemented by staff as listed in the minutes. The next regular meeting is scheduled for March 4, 2026.
