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Anna CDC and EDC Adopt Fiscal 2025–26 Budgets
Summary
At a public hearing, the Anna Community Development Corporation (CDC) and Anna Economic Development Corporation (EDC) adopted their fiscal 2025–26 budgets after a presentation by Economic Development Director Parker; both measures passed by unanimous voice vote.
The Anna Community Development Corporation (CDC) and the Anna Economic Development Corporation (EDC) adopted separate fiscal 2025–26 budgets during a joint meeting and public hearing at the Anna Municipal Complex. The public hearing opened at 6:03 p.m.; after a presentation by Economic Development Director Mr. Parker and board discussion the CDC and EDC budgets were approved by unanimous voice vote.
The CDC’s proposed budget presented to the board was described by Parker as ‘‘right at $3,400,000.0’’ for the fiscal year, with about $1,000,000 budgeted for grants and incentives and ‘‘a little over $300,000’’ for marketing and promotion. Parker said the CDC used a conservative sales-tax projection for the coming year (he cited a roughly $3,600,000 projection) and noted the agency’s policy that marketing and…
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