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Cleveland EDC reviews proposed FY 2026 budget, funds Hangar L work and $11,000 website upgrade
Summary
At a special July workshop, the Cleveland Economic Development Corporation discussed a proposed FY 2026 budget that prioritizes job creation and business attraction and includes allocations for Hangar L capital needs, a $11,000 website development increase and set-asides for incentives and recruitment tools.
The Cleveland Economic Development Corporation discussed a proposed fiscal year 2026 budget at a special July workshop, with staff highlighting allocations for Hangar L capital expenditures and an $11,000 increase to explore a new EDC website, EDC staff said.
EDC Director Emilio said the budget frames the corporation’s programmatic goals around “creating primary jobs by attracting investment” and expanding the local tax base. “We’re really falling behind is our website,” Emilio said, and described the $11,000 increase as intended to preserve the EDC’s available-properties viewer and add improved functionality for developers and brokers.
The budget presentation grouped changes into operating expenses, projects and incentives. Staff recommended increased legal services to support active project evaluation and contract work and reduced line items for legal publications and…
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