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December 18, 2008

BNAS redevelopment group sets 2009 budget

By The Mainebiz News Staff

The group charged with redeveloping the Brunswick Naval Air Station once it closes in 2011 has approved a 2009 budget of more than $780,000, a six percent increase over this year's budget.

Midcoast Regional Redevelopment Authority board members unanimously approved the $780,614 budget on Tuesday, according to The Times Record in Brunswick. The authority must adjust its contract with the Department of Defense's Office of Economic Adjustment, which funds 90% of its operations. The remaining 10% is funded by the Community Development Block Grant program.

The 2009 budget includes funding for a full-time accounting position, financial and personnel software, design guidelines and consulting services.

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