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Anna CDC and EDC approve budget amendments to record land acquisitions
Summary
At its March 5, 2026 meeting, the Anna Community Development Corporation and Economic Development Corporation approved resolutions amending the FY2025'26 budgets to carry forward land-acquisition expenditures: $4,980,437 for the CDC and $2,053,129 for the EDC. The board approved the measures by voice vote.
The Anna Community Development Corporation and Economic Development Corporation on March 5 approved separate resolutions to record prior land-acquisition expenditures in their fiscal-year 2025'26 budgets.
Roach, who presented the budget items for the boards, said the CDC originally budgeted $525,000 for land acquisition but acquired property that exceeded that amount. "The 4,980,437 amount was actually paid out of our fund balance," Roach said, and the amendment will reclassify the expense in the budget "for auditing purposes and tracking." She said the budget will not increase by the $4.9 million because $525,000 had already been allocated;…
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