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Development committee to fund 2026 economic development grants from reserves, sets June 18 application deadline
Summary
The Saratoga County Development Committee agreed to fund 2026 economic development grants from carryover reserves, set a June 18 application deadline and approved streamlining reimbursement procedures through the law and finance process; staff proposed an $8,000 placeholder award.
The Saratoga County Development Committee agreed to fund 2026 economic development grants from carryover reserve accounts and set a June 18 deadline for applications, staff told the committee.
Staff presented a draft application that includes a sample maximum award of $8,000 per project and said the county has about $194,000 in unallocated reserves that could be used to fund awards. "We have about 194,000 in the reserve unallocated," the staff member said. Committee members discussed keeping the placeholder award conservative so the fund could support more projects.
The committee was told the 2026 program will be financed from reserve…
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