Financial picture at Broad Street Market in Harrisburg improves

  • 📰 PennLive
  • ⏱ Reading Time:
  • 29 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

@Topstories News

Broad-Street-Market

The governing board said the market started 2024 with slightly more than $14,000 in its operational budget.

On Wednesday, the market’s governing board, the Broad Street Market Alliance, adopted a $513,524 budget for 2025. The market started 2024 with just over $14,000 in the operational budget. File photo by Dan Gleiter | dgleiter@pennlive.comThe Broad Street Market in Harrisburg started 2024 with a bleak financial picture, but it’s ending the year on a positive note.

The 2025 budget includes no rent increase for vendors and allocates about $100,000 in state funding for renovations and improvements in the market’s Stone Building. The board said if the budget is carried forward, the market should have about a $100,000 operating fund balance for 2026, just in time for the projected reopening of the market’s Brick Building. The building was heavily damaged by fire in July 2023.Board chair Eric Hagarty said the market’s refreshed board in partnership with vendors, utility providers, supplies and community members starved off debt.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 463. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Broad Street Market Alliance gives update on reconstruction, announces tent's winter hoursThe Broad Street Market Alliance group assembled for the last time for the year to announce the latest updates in reconstruction.
Source: CBS21NEWS - 🏆 304. / 63 Read more »