Falmouth EDIC In Good Financial Standing As Fiscal Year Comes To A Close

By Calli Remillard
Falmouth Enterprise

The EDIC is in good financial standing as the end of its fiscal year approaches next month and is looking to solidify its budget for 2022.

Income payments from the solar fields in town and the Plymouth and Brockton bus line, which lease part of Falmouth Station, have put the EDIC in a comfortable position financially, with a strong cash balance of $373,000, as reported by treasurer Kevin Holmes.

“I would say that utilizing and optimizing the income of the station will be helpful,” Mr. Holmes said. “I would say that we are still having a slight burn on cash, so that is something that we’re going to need to be mindful of going forward.” To read more of this article click here.