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Council approves 2025–26 Jacksonville Economic Development Corporation budget
Summary
The council approved the Jacksonville Economic Development Corporation’s 2025–26 budget by voice vote; officials said revenue estimates rose to about $2.2 million and the total proposed budget is about $3.8 million, down from last year.
The Jacksonville City Council voted to approve the Jacksonville Economic Development Corporation’s (EDC) proposed 2025–26 budget during its Aug. 12 meeting.
James Hayes, president of the Jacksonville Economic Development Corporation, told the council that the EDC’s revenue estimate increased to about $1,860,247 for sales tax in the current projection, bringing…
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