The Finger Lakes Regional Land Bank Corp. has obtained its first four tax-delinquent residential properties and is looking for more.
The governance committee of the corporation will meet Monday morning to consider changes to the board’s effectiveness process, conflict of interest process, by-laws, new board member training materials and policies.
The audit committee will meet immediately after the governance committee to discuss land bank budgets for 2018 through 2012.
The 2017 budget shows revenues of $378,235 and expenditures of $348,400.
The 2018 budget shows revenues of $320,235 and expenditures of $262,500. The proposed 2019 budget shows revenue of $53,600 and expenses of $8,600 and for 2020, the budget drops to $3,600 in revenue and $8,600 in expenditures.