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EDC debates future of Fulshear Fast Track small‑business program; Retail/marketing contractor work continues
Summary
Board members debated whether to reduce, rename or retain a budget line for the Fulshear Fast Track small‑business program as the city considers bringing elements in‑house. Staff said $25,000 per board remains in the FY‑26 budget based on a council option and that existing funds and a $50,000 targeted incentives line could support small‑business
Board members spent extended discussion on the FY‑26 packet item covering the Fulshear Fast Track small‑business program (also described as the Fulshear Business Entrepreneurship Hub) and whether the board should reduce or rename the line while the city determines program structure.
Options and staff guidance Staff explained there is $25,000 per board included in the FY‑26 packet tied to council’s option 4 discussion; another $50,000 sits in a targeted incentives line (601‑6005470) that staff described as a placeholder historically used for small‑business grants. Several board members suggested leaving an intermediate funding amount in the budget (for example $100,000 instead of $200,000 for a contract buyout) so the EDC retains flexibility to implement a new solution quickly. Staff reminded…
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