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City staff outlines EDC strategic-planning work, 4A/4B funding questions and budget calendar
Summary
City staff and board members discussed the Economic Development Corporation's ongoing strategic planning, legal limits for 4A/4B sales-tax uses, and a proposed schedule for budget reviews and a joint meeting with the EDC in May.
City staff briefed the Paddock Board on the Economic Development Corporation (EDC) strategic-planning process and on questions about the permissible uses of 4A and 4B sales-tax revenues.
Renee, a city staff member who sits on the EDC strategic-planning committee, said the EDC is shifting some focus toward quality-of-life investments as well as traditional job-growth projects. “The big push in even some of the ... 4B sales tax conferences ... is more and more of your…
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