LEGAL NOTICE NOTICE OF ADOPTION OF BUDGET Amended Budget for Fiscal Year 2025 Meridian Development Corporation Meridian, Idaho Following notice and the public hearing held pursuant to Idaho Code 50-1002 on Wednesday, September 10, 2025 at the Meridian City Hall, the Meridian Development Corporation adopted its Amended Fiscal Year 2025 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 2025 Actual Budget-Original Actual to Date Budget Amendment Revenue - Taxes $ 4,552,515 $ 5,330,478 $ 5,035,537 $ 5,402,116 Revenue - Other $ 131,058 $ 120,000 $ 60,501 $ 120,000 Expenditures $ 316,719 $ 360,439 $ 218,674 $ 360,439 Capital Outlay $ 2,943,296 $13,500,901 $ 1,775,663 $ 13,572,539 Net Effect Fund Balance $ 1,423,558 $ 176,000 $ 3,101,701 $ 176,000 Further information may be found at www.meridiandevelopmentcorp.com Ashley Squyres Administrator for the Meridian Development Corporation IPL0273265 Sep 17 2025