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EDA reviews FY26–27 draft budget and project pipeline; battery storage appraisal authorized
Summary
The EDA reviewed a revised FY26–27 budget draft that incorporates revenue and expenditure lines tied to the Blue Catfish study and noted the county must first approve its budget before the EDA finalizes. The board also discussed appraising a battery storage site and potential Coastal Seaplanes facility development.
Executive Director Trenton Funkhouser reviewed a revised draft of the EDA’s FY26–27 budget on April 13, noting the draft incorporates revenue and expenditure items raised by members, including an upcoming second-half payment under the Blue Catfish study contract that would fall in the next fiscal year.
Board members were informed that the EDA would await the County’s final budget action before taking any final step on the EDA budget. Separately, Mr. Funkhouser reported the county elected to proceed with an appraisal of the Battery Storage site. He also briefly updated the board on interest in potential local facilities for Coastal Seaplanes and on recent ribbon-cutting activity for Collective Creations in Saluda.
Members did not take final budget action at the meeting and instructed staff to coordinate with the county’s budget timeline.
