COLDWATER MI (WTVB) – The Coldwater Downtown Development Authority board approved its 2018-2019 budget Wednesday and sent it on to the Coldwater City Council.
Coldwater City Manager Keith Baker said the budget is mostly a repeat of the previous year’s spending plan, as the same amount of revenue totaling $84,000 has been budgeted.
Part of the budget calls for the DDA to contribute $5,000 to the City of Coldwater for an Economic Development Director.
Expenditures total over $80,200, which results in a net total DDA fund balance of just over $3,735.
