January 2, 2019

2019 Final Budget

Finance Reports

At a public meeting in November 2018, the RAD Board authorized an historic 25th budget (view the final 2019 budget in pdf): at $108.6 million for 2019, it is the first adopted budget over $100 million in RAD’s history. The final recommendation for 2019 is $73,000 higher than the preliminary budget released in September, and is $8.5 million higher than the 2018 budget.  The 2019 budget will provide grants to 104 organizations, retain nearly all of the operating and capital grants proposed in the preliminary budget, and add funding for operating and capital improvements at both small- and medium-sized arts and culture organizations.