LEGAL NOTICE NOTICE OF ADOPTION OF BUDGET Budget for Fiscal Year 2026 Meridian Development Corporation Meridian, Idaho Following notice and the public hearing held pursuant to Idaho Code 50-1002 on Wednesday, August 27, 2025 at the Meridian City Hall, the Meridian Development Corporation adopted its Fiscal Year 2026 Budget as set forth below. This budget is being published pursuant to Idaho Code Section 50-2903(5) and funds the programs, services and capital projects that the Corporation Board has determined to be important to meet the Corporation's strategic goals. Any questions may be directed to: Meridian Development Corporation, Attn: Ashley Squyres, Administrator, 104 East Fairview Avenue #239, Meridian, Idaho 83642. FY 2024 FY 2025 FY 2025 Proposed FY 2026 Actual Budget-Original Actual to Date Budget Revenue - Taxes $4,552,515 $ 5,330,478 $5,035,537 $ 5,386,398 Revenue - Other $ 131,058 $ 120,000 $ 60,501 $ 75,000 Expenditures $ 316,719 $ 360,439 $ 218,674 $ 368,110 Capital Outlay $2,943,296 $13,420,901 $1,775,663 $15,871,844 Net Effect Fund Balance $1,423,558 $ 256,000 $3,101,701 $ 0 Further information may be found at www.meridiandevelopmentcorp.com Ashley Squyres Administrator for the Meridian Development Corporation IPL0268799 Aug 31 2025