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Copperas Cove Economic Development Corp. presents FY 2026–27 budget at public hearing
Summary
Fred Welch, executive director of the Copperas Cove Economic Development Corporation, presented the EDC's FY 2026'27 budget and said it was adopted by the EDC board in May and is now being presented for the city's public hearing; no public comments were received.
At the public hearing on the EDC budget, Fred Welch, executive director of the Copperas Cove Economic Development Corporation, explained that the EDC is a political subdivision and follows the same budget preparation and adoption procedures as the city. He told council that the EDC board adopted its FY 2026'27 budget in May and that it must be presented in the city's public hearing process so it can become a component of the city's overall budget on adoption.
"The Economic Development Corporation is a, political subdivision over the city of Copperas Cove," Welch said. He said the EDC's budget becomes a component part of the city budget when the city adopts its budget. The mayor asked for public comment on the EDC hearing; no one from the public spoke and the mayor closed the hearing.
