Get email alerts on the Ddb Budget 26 02 topic
No spam. Unsubscribe anytime.
Downtown Development Board approves FY 2026–27 operating budget on first reading
Summary
The DDB approved a FY 2026–27 operating budget totaling $1,513,438 (including a $406,214 CRA increment transfer); the operating budget excluding transfers is $1,107,224, with $523,809 in property tax revenue and $567,915 from unassigned balance.
The Downtown Development Board voted unanimously to approve its FY 2026–27 operating budget on first reading. Brian Ulbrich, CRA coordinator, said the proposed total budget is $1,513,438, which includes a $406,214 CRA increment transfer; excluding offsetting transfers, the operating budget is $1,107,224.
Ulbrich said the budget includes $523,809 in property tax revenue and $567,915 from the current unassigned fund balance to support DDB programs and initiatives. Staff recommended approval on first reading and the resolution (26-02) will be read again on Sept. 21 for final adoption.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
