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Springfield board adopts FY2025–26 economic development agency budget

Springfield Economic Development Agency Board · December 5, 2025

Summary

The Springfield Economic Development Agency board unanimously adopted its FY2025–26 budget after a public hearing in which no members of the public testified. Staff had asked the board to conduct the hearing and take action following a budget committee recommendation.

The Springfield Economic Development Agency board on May 14 adopted its fiscal year 2025–26 budget after a public hearing and unanimous vote.

Nathan Bell, who introduced the item, said the budget committee met May 14 and recommended the FY2026 budget to the board. "Staff is requesting that you conduct a public hearing and take action on this item," Bell said. No members of the public signed up or raised hands to comment during the hearing, and the board closed public testimony.

A board member moved to adopt the resolution described in the meeting packet, titled a resolution adopting the fiscal year 2025–26 Springfield Economic Development Agency budget, making appropriations and directing the division of the property tax. The motion was approved by roll call; the transcript records the vote as unanimous.

The board did not record additional amendments or conditions during the vote. The resolution directs staff to proceed with the adopted appropriations and related administrative steps outlined in the packet.

The board moved on to other agenda items after the vote; there was no public testimony on the budget item.

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