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Erie budget includes $7 million mine mitigation and doubles economic incentive fund to $200,000

Erie Town Council
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Summary

Economic development staff proposed a $7 million mine mitigation allocation (COPs proceeds shown in CIF) and increased an incentive fund to $200,000; staff said the mitigation work spans multiple departments and affects town-owned property and adjacent parcels.

Julian Jackman, economic development director, told the council his office remains at four FTEs and is not requesting additional staff for 2026, but he described two changes in program funding: the incentive fund increased from $100,000 to $200,000 to implement an approved incentive policy, and the budget includes a $7,000,000 item for mine mitigation.

Jackman said the $7 million ask covers mitigation for town-owned property and the Erie Community Center (ECC) area across the street, and that it will affect environmental, public works and mine-related workstreams. "For 2026, the big one is the 7,000,000. That is for mine mitigation to include both the town owned property and the ECC across the street," Jackman said.

Finance staff earlier confirmed that $7 million is shown as COPs proceeds in the transfer to the Capital Improvement Fund so that the CIF reflects the funding flow for the mitigation work. Council members acknowledged the difficulty and importance of the decision and discussed tradeoffs such as attracting a grocer versus assuming mitigation risk and cost.

Jackman and other staff said the incentive fund is intended to be drawn as applications come in and to support economic development goals; the increase to $200,000 was described as a change to create an ongoing, deployable fund.