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Board adopts CDC FY 2026–27 budget, shifting funds toward land acquisition and incentives
Summary
The CDC board approved Resolution 2026‑08‑11 adopting the FY2026–27 CDC budget after staff highlighted reallocations into land acquisition, incentives and national marketing to support recruitment efforts.
The board voted to adopt Resolution 2026‑08‑11 approving the Community Development Corporation (CDC) fiscal year 2026–27 budget following a public hearing and staff briefing.
Natasha Roach, CDC/EDC staff, summarized the major changes and told board members the CDC reallocated funds to prioritize land acquisition and incentives and shifted marketing dollars toward national and international recruitment efforts. “One of the things that, I would just wanna point out is that we, obviously have put some importance into land acquisition and, incentives,” Roach said during the budget presentation.
After questions were solicited and no substantive changes were requested, a motion to approve the CDC budget was made and seconded and the item passed by voice vote with no recorded opposition.
The adoption authorizes publication of the adopted budget and allows staff to implement the reallocated line items for recruiting and marketing purposes.
