Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
EDC reports tax-credit income, donates to Baker University and lays out plan for new childcare facility
Summary
Dave Hill of the Lawrence–Douglas County Economic Development (EDC) told the Baldwin City Council the EDC has generated roughly $160,000 a year from tax-credit sales, donated $100,000 to Baker University, and is planning a new childcare facility with Rainbow Preschool using about $700,000 in savings plus fundraising.
Dave Hill, representing the Lawrence–Douglas County Economic Development organization, gave the council the EDC’s annual update, saying the group has been "selling tax credits" and "we've been making about a 160,000 a year selling tax credits." He said the EDC has accumulated roughly $700,000 in checking and savings that is being earmarked to support community priorities.
Hill told the council the EDC made a $100,000 donation to Baker University and said the university is pursuing growth in enrollment that could benefit…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
