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Redevelopment commission approves zero‑increase budget estimate of $255,450
Summary
The Milford Redevelopment Commission approved a budget estimate (used for the spending plan) with no net increase and a total of $255,450, moving some line items between categories such as shifting an expired training‑grant line to capital improvements and moving hydrant rental back to the general budget.
The Milford Redevelopment Commission approved a zero‑increase budget estimate that staff will use to prepare the required spending plan. Chair (S2) put the budget forward and the commission approved it by voice vote.
Staff member (S5) explained line‑item changes, recommending that an expired $30,000 training grant be moved into capital improvements and that hydrant rental ($10,550) be moved from the RDC budget back to the general fund. The total estimate approved for the commission was stated as "$255,450."
Members said the worksheet mirrors the prior year and that formal spending‑plan documents will follow later in the year; staff will publish the estimate and use it to develop the spending plan required by statute.
