Pima County Board Approves $100K for Foreign Direct Investment Strategy

The Pima County Board of Supervisors convened on September 2, 2025, to discuss several key agenda items, primarily focusing on a funding recommendation related to foreign direct investment strategies.

The meeting began with a presentation from staff regarding a proposal for a $100,000 allocation, as detailed in an August 15 memo. One board member expressed support for this recommendation but emphasized the need for further information before considering any additional funding. They requested clarity on the role of the Chamber of Southern Arizona in the proposed strategy, alignment with the county's economic development plan, and transparency regarding the effectiveness of foreign direct investment efforts. Specific inquiries were made about partnership development, the goals of delegation visits to Mexico, and methods for business attraction and talent acquisition.

Following this discussion, Supervisor Hines moved to accept the recommendation, which was seconded. Supervisor Allen acknowledged the administration's efforts in providing information but raised concerns about the funding source, noting that the proposal would draw from a contingency fund of $1 million. They highlighted the ongoing challenges faced by the county's social safety net, exacerbated by recent administrative changes.

The meeting underscored the board's commitment to economic development while also addressing the need for careful financial management and transparency in investment strategies. Further discussions and follow-up actions are anticipated as the board seeks to balance these priorities.