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Cedar Park Type A EDC adopts $9.7 million FY2026 budget, funds innovation grant and new staff post
Summary
At a special-call meeting on Sept. 8, 2025, the Cedar Park Type A Economic Development Sales Tax Corporation approved its fiscal year 2026 budget that includes $9.7 million in revenues, a $400,000 innovation grant to attract startups, and funding for a new administrative assistant position.
At a special-call meeting of the Cedar Park Type A Economic Development Sales Tax Corporation on Sept. 8, 2025, the board adopted the fiscal year 2026 budget that estimates $9.7 million in revenues and includes a $400,000 innovation grant and funding for a new administrative assistant position.
The budget approved by the board projects $9,700,000 in revenues—primarily sales tax—and budgets $8,500,000 in expenses for the Type A fund in fiscal 2026. Erica Solis, a finance department presenter, told the board the proposal assumes conservative growth and includes two notable enhancements: a $400,000 innovation grant intended to attract fast-scaling startups and a new full-time administrative assistant (FTE) to support economic development staff.
“The innovation grant is budgeted at $400,000.…
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