Valdosta-Lowndes Development Authority Provides Project Update

Monday, February 23rd, 2015

A yearly audit for the Valdosta-Lowndes Development Authority found the VLDA ending Fiscal Year 2014 with $26.68 million in total assets and $13.26 million in total liabilities, resulting in total net assets of $13.42 million.

The Authority had revenues of $2.99 million and expenses of $1.16 million.

Executive Director Andrea Schruijer and Industry Coordinator Stan Crance updated authority members on ongoing projects.

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