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AEDC reports balanced 2025 budget projection; council accepts report
5776037 · September 16, 2025
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Summary
Doug Nelson presented the Amarillo Economic Development Corporation's proposed 2025 budget showing $30.1 million in revenue and projected net income across operations and project funds; council accepted item 3a without recorded opposition.
Doug Nelson presented the Amarillo Economic Development Corporation (AEDC) proposed budget and the council voted to accept item 3a at the Sept. 16 meeting.
Nelson said AEDC expects roughly $30.1 million in total revenue next fiscal year, split between an operations fund (12% of sales tax receipts, about $3.45 million) and a project…
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