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Washington Terrace RDA approves tentative FY 2026-27 budget
Summary
The Washington Terrace Redevelopment Agency on May 5 approved a tentative fiscal 2026-27 budget focused on operational expenses for the central business district; the vote was unanimous (5-0). City Manager Tom Hanson said the South East Project area has expired and a work session will be scheduled to review future projects.
The Washington Terrace Redevelopment Agency voted unanimously May 5 to approve a tentative budget for fiscal year 2026-2027 that officials said will fund the agency's operational work in the city's central business district.
City Manager Tom Hanson said the plan "outlines the operational requirements for the central business district for the RDA." He said the tentative budget is composed of the RDA's operational expenses, that the South East Project area has expired, and that staff will pursue opportunities that could be reviewed by the agency at a future work session.
Board Member West moved to approve the tentative budget; Board Member Cheryl Parkinson seconded the motion, which the board approved unanimously (5-0). The minutes record the consent approval of the meeting agenda and October 7, 2025 minutes earlier in the session.
After completing the budget vote, Board Member Parkinson moved to adjourn; Board Member Michael Thomas seconded, and the motion carried unanimously. The meeting adjourned at 7:01 p.m.
A RDA work session to review potential projects and next steps was referenced by staff but a date and any specific funding amounts were not specified in the minutes.
