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Pasco EDC reports jobs, capital gains; commissioners debate "Live Local" tax-exemption effects

2270374 · February 12, 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

Bill Cronin of the Pasco Economic Development Council reported fiscal-year results including 14 wins, 1,182 new jobs and $360 million in capital investment; commissioners questioned state 'Live Local' tax exemptions and a new adaptive-reuse bill affecting local land‑use control.

Bill Cronin of the Pasco Economic Development Council presented the EDC’s Q4 report for last fiscal year and the Q1 report for the current fiscal year at the Feb. 11 Pasco County commission meeting, and commissioners used the presentation to press state-level concerns about housing tax exemptions.

Results and projects: Cronin said the EDC ended the year with 14 “wins” (new or expanding companies), 1,182 new jobs and $360 million in capital investment, exceeding a $250 million capital goal. He said advanced manufacturing remained the largest sector, with life sciences rising to 19% of recruitment…

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