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Edmond EDA asks council for big budget boost; city manager suggests smaller compromise
Summary
Edmond Economic Development Authority executive director Heather McDowell asked the City Council to increase the EDA’s FY 26–27 contract funding to about $1.1 million to pay for incentives, a CRM and consulting; the city manager recommended trimming the request toward $900,000 and asked staff and the EDA to refine allocations before the final budget.
Heather McDowell, executive director of the Edmond Economic Development Authority, told the City Council on March 30 that the EDA is seeking an increase to its proposed FY 26–27 funding to support incentives, a customer relationship management portal, marketing and consulting to develop ‘‘catalytic corridors.’’ McDowell presented a full request that would raise the EDA’s contract funding to about $1.1 million, an increase she described as an investment in four strategic pillars: business retention and expansion; workforce alignment; land and development; and a capital strategy to create recurring revenue streams that reduce reliance on Edmond Electric.
McDowell recounted recent activity by the EDA: the organization won a competitive marketing grant from the Oklahoma Department of Commerce,…
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