104 East Fairview Avenue #239 Meridian, ID 83642 208.477.1632 www.meridiandevelopmentcorp.com LEGAL NOTICE NOTICE OF ADOPTION OF BUDGET Budget for Fiscal Year 2027 Meridian Development Corporation Meridian, Idaho Following notice and the public hearing held pursuant to Idaho Code 50-1002 on Wednesday, August 26, 2026 at the Meridian City Hall, the Meridian Development Corporation adopted its Fiscal Year 2027 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 2025 FY 2026 FY 2026 Proposed FY 2027 Actual Budget-Original Actual to Date Budget Revenue - Taxes $ 5,073,664 $ 5,386,398 $ 5,415,663 $ 5,564,000 Revenue - Other $ 78,890 $ 75,000 $ 52,619 $ 75,000 Expenditures $ 291,112 $ 368,110 $ 223,521 $ 363,611 Capital Outlay $ 2,707,741 $ 15,871,844 $ 3,085,592 $ 17,199,909 Net Effect Fund Balance $ 2,153,701 $ 0 $ 2,159,169 $ 0 Further information may be found at www.meridiandevelopmentcorp.com Ashley Squyres Administrator for the Meridian Development Corporation