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Astoria Development Commission adopts FY 2025–26 budget and authorizes tax increment for Astoria East

Astoria Development Commission · June 2, 2025
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Summary

The Astoria Development Commission unanimously approved its fiscal year 2025–26 budget for the Astoria East and Astoria West urban renewal districts and authorized continuing the tax increment financing for Astoria East after a staff presentation and a public hearing with no public speakers.

The Astoria Development Commission on June 2 adopted its fiscal year 2025–26 budget for the Astoria East and Astoria West urban renewal districts and authorized continuing the tax increment financing for the Astoria East Urban Renewal District, approving the measure by unanimous roll call.

Staff member Mr. Spence presented the proposed budget and described projected resources for the two urban renewal districts and recommended authorization of the tax increment for Astoria East. He told commissioners the commission needed to hold a public hearing on the proposed budget and then take comments; when the commission opened the hearing no members of the public spoke. Mr. Spence also cited numeric figures for the districts; the transcript contains inconsistent or garbled values for Astoria East and a $4,970,500 figure for Astoria West was stated in the presentation.

Commissioner Davis moved to adopt the attached resolution adopting the budgets for both Astoria West and Astoria East and to authorize the tax increment for the Astoria East Urban Renewal District. "I would appreciate that this may be a a pretty exciting year for the Astoria Development Commission in general, and this, and this is a budget that reflects that," Commissioner Davis said while moving the resolution. The motion was seconded and approved by roll call; the commissioners recorded as voting aye were Commissioner Davis, Commissioner Mozzarella, Commissioner Adams, the commissioner shown in the transcript as Lump/Lum/Long, and Commission Chair Fitzpatrick.

The meeting record shows no public comments on the budget and no amendments were made on the floor. Following the vote the chair reviewed rules for new business and public comment, noted no additional speakers, and adjourned the meeting at approximately 8:52 p.m.

Notes on record accuracy: the meeting transcript contains inconsistent spellings and some garbled numeric values (notably for the Astoria East figures and one commissioner’s surname). Where numbers and spellings were unclear in the transcript, the article indicates that the values were not specified or were inconsistent rather than presenting possibly incorrect specifics.