EUSTIS
Staff Report
When the city cut Eustis Main Street Inc. funding levels from $58,750 in 2011 to $25,000 last year, it left the nonprofit organization in a hole that’s proving difficult to escpare, city commissioners will hear tonight.
The organization is currently facing a deficit of nearly $15,000 this year and has outlined several ideas it hopes will turn things around, with top officials saying “it is not the intention of our board to operate towards insolvency.”
City officials recently asked Eustis Main Street to outline how it plans to handle the deficit and will hear from the organization tonight at city hall.
