← All issues
taxes budgetMedium priorityopen
LDC first-year audit and $546,000 net position
Port Chester
Summary
The LDC's first audit shows it ended the year with $546,000 in unrestricted funds, mostly from IDA contributions and a share of closing fees. That money is earmarked to fuel the new nonprofit grant program.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Aug 19, 2026.
Impact analysis
💰Financial impact
The LDC has $546,000 available with no restrictions, funded by IDA contributions and closing-fee shares.
✅Who benefits
Local nonprofits and village economic development efforts stand to benefit from the available funds.
Mentions & discussions (1)
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Port Chester
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.