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Gladwin DDA financials show $275,000 fund balance for period ending Oct. 31, 2025

Gladwin Downtown Development Authority · October 15, 2025
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Summary

At its Oct. 15 meeting, the Gladwin DDA received a financial report from Angela Bigham noting a $275,000 fund balance for the period ending Oct. 31, 2025; members discussed the report.

Angela Bigham presented the financials for the period ending Oct. 31, 2025 and reported, "Fund balance is $275,000.00." Board members discussed the figures and asked follow-up questions about reserves and spending priorities.

The report was presented as part of routine fiscal oversight; no formal motions tied to the financial report were recorded during the meeting. Members agreed to obtain additional details as needed before making budgetary decisions later in the fiscal year.