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Kennedale EDC reviews midyear finances, approves consent agenda unanimously
Summary
The Kennedale Economic Development Corporation reviewed year-to-date financials showing sales tax at 75% of budget and approved the consent agenda unanimously; the board noted timing differences in rental fee collections.
The Kennedale Economic Development Corporation on Sept. 23 received a financial update showing mixed year-to-date results and approved the meeting consent agenda by unanimous voice vote.
John Orton, Director, reported that year-to-date sales tax revenue was at 75% of budget compared with 89.3% at the same point last year. He told the board he still expects to reach 100%…
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