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Staff outlines FY2026 economic development budget request, SPIN pilot timing, and business leads
Summary
Economic development staff updated the advisory board on multiple initiatives: a requested FY2026 budget of $552,000 (a $167,200 increase from 2024), SPIN micromobility pre‑permitting with a hoped‑for summer launch, film and media outreach, Culinary District engagement, and business leads including outreach to New York Institute of Technology for a potential medical campus.
Staff provided a consolidated update on program work and near‑term initiatives. Highlights included unsolicited proposals for the Hall of 50 States and Victoria Avenue building under review, SPIN micromobility pre‑permitting completed May 29 with staff aiming for service launch by the end of summer (pending historic‑preservation coordination), and outreach on film and media partnerships.
On budget, staff said they requested $552,000 for the FY2026 economic development program — an increase of $167,200 compared with 2024 — to support work such as marketing and project facilitation. “We asked for $552,000, which is a $167,200 increase from 2024,” staff said. The team also reported ongoing business leads, including exploratory conversations with the New York Institute of Technology about a possible medical campus at the City of Palms site, and a private developer pursuing an indoor sports facility.
Staff asked the board to attend upcoming budget hearings where members can advocate for specific line items (for example, funding for a feasibility study related to the City of Palms). They also announced outreach meetings (e.g., Culinary District meeting on June 13) and offered to invite guest speakers such as the county’s tourism or economic development representatives to future advisory board meetings.
