A significant financial reshuffling is on the horizon in Cayuga County, with a legislative proposal suggesting the reallocation of the $375,000 currently granted to the Cayuga Economic Development Agency (CEDA) to the Cayuga County Industrial Development Agency (CCIDA).
County officials recently unveiled the plan, which was reported by The Auburn Citizen, aiming to address several pressing concerns, including improving staff morale and transparency and giving renewed focus to economic development within the county.
The proposed funding shift, part of the county’s to-be-finalized end-of-year budget, intends for the CCIDA to assume broader responsibilities in overseeing countywide economic development efforts.
This development comes amidst a tumultuous phase for CEDA, which experienced the abrupt termination of its executive director, Michael Miller, in August, and another firing 15 months prior, leading to inquiries into the agency’s overall state.
The County also cut ties with CEDA last week.
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