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Cibolo EDC proposes larger small‑business grants, parks master plan and strategic plan funding in FY26

5412550 · July 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Economic Development Corporation's FY26 budget projects $1.5 million in revenue, adds $25,000 for EDGE small‑business grants, $75,000 for strategic plan implementation and $250,000 for a parks master plan; council indicated agreement with the priorities.

City staff and Economic Development Corporation (EDC) representatives presented the proposed FY26 EDC budget at the July 15 budget workshop. The EDC — a voter‑authorized 4B corporation funded by a quarter‑cent sales tax first approved in November 2006 — projects approximately $1.5 million in revenues and $1.2 million in expenses for FY26, which staff said would add more than…

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