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Adrian DDA approves conservative FY2026-27 budget; city transfer, fireworks funding and restricted gifts debated
Summary
The Downtown Adrian Main Street DDA adopted a FY2026-27 budget focused on essential operations; board members discussed an anticipated $50,000 city transfer, the treatment of restricted gifts, fireworks deposits and procedures for reflecting grant revenue in the budget.
The Downtown Adrian Main Street DDA board approved a conservative FY2026-27 budget at its March 26 special meeting, adopting a plan that covers essential operating costs and excludes projected fundraising revenues until those funds are realized.
Board member Kate (S2) presented the proposed budget, telling the group, "This budget does not include projected revenue from fundraising efforts as those funds are not guaranteed at this time." Kate said any additional revenue secured during the fiscal year could be allocated later to events or promotions.
Board members questioned when a $50,000 transfer approved by the city…
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