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Lincoln council adopts DDA budget showing a $186,305 shortfall
Summary
The Lincoln DDA presented and the council adopted the 2026–2027 DDA budget, which lists $161,359.35 in income and $347,664.64 in expenses, leaving a net deficit of $186,305.29.
The Lincoln Village Council adopted the Downtown Development Authority (DDA) 2026–2027 budget at its July 7 meeting after a presentation by DDA board members Dennis Kruttlin and Joe James.
Kruttlin and James told the council that two bids had been received for sidewalk crack caulking and repair but that the DDA may not be able to fund that work at this time. On a motion by Council Member Wambold with support from Council Member Lucas, the council adopted the DDA budget for the coming fiscal year.
The budget document presented in the meeting lists Total Income of $161,359.35, Total Expense of $347,664.64 and Net Income of -$186,305.29. The document allocates line items including capital equipment ($56,000), economic development ($163,000) and facade improvement grants ($45,000). The DDA noted passthrough reimbursements to local entities totaling $26,064.64.
Council did not specify follow-up contingency measures in the minutes; the budget deficit will likely require DDA and council review of spending priorities or additional revenues.
