Ada's Community Improvement Corp (CIC) approved a 2016 budget on March 16.
Its savings account has a 2015 carryover and 2016 projected balance of $8,260. Its economic development fund has a 2015 carryover and 2016 projected balance of $3,440. Its water resource plan has a 2015 carryover of $25,594 and 2016 projected revenue of $10,000 with a 2016 projected balance of $35,594.
Its general fund has a 2015 carryover of $1,206. Projected dues for 2016 are at $375 with a projected 2016 balance of $1,581. Anticipated expenses total $1,406.
Committee budgets total $100 each for executive board, industrial and commercial. The community fund budget is $436.