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Copperas Cove Economic Development Corporation budget summarized to council; board already adopted plan
Summary
EDC executive director Fred Welch told the council the EDC board adopted its FY26–27 budget in May and that the EDC budget will be rolled into the city budget adopted Aug. 18; council heard the presentation and had no public comment.
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The Copperas Cove Economic Development Corporation presented its FY2026–27 budget to the city council during a public hearing on July 30. Fred Welch, the EDC’s executive director, told the council the EDC is a political subdivision and follows the same public-notice and adoption steps as the city.
"The EDC's budget for fiscal year 26, 27 was adopted at our May board meeting," Welch said, and he added the EDC’s adopted budget will become a component of the city budget when the city adopts its overall budget on Aug. 18.
Welch said he was present to answer any questions; council asked none and the public hearing was closed. Staff confirmed the EDC budget will be included in the materials for the Aug. 18 adoption vote.

