MEDC budget approved with $56k deficit

Meridian City Council approved the Meridian Economic Development Corporation proposed budget for fiscal year 2024-2025 with a deficit of $56,540.MEDC Treasurer Don Pool said they had about $200,000 in the TexPool account to roll over into the next fiscal year. Funds from that account could be used to make up any shortfalls in the budget for the next fiscal year.“We’ve spent the past year working…