EDC Finishes FY 2010 in Black

Press release from the issuing company

Friday, July 30th, 2010

The Albany-Dougherty Economic Development Commission closed out Fiscal Year 2010 on “sound financial footing,” President Ted Clem told his board of commissioners Wednesday.

According to financial documents presented to board members, the EDC finished the fiscal year, which ended June 30, with $282,000 and more than $300,000 in reserve funding.

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