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Council adopts 2024–25 EDC budget after removing AirBnB revenue projection

City Council of Coffee City · October 14, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council approved the Coffee City EDC's 2024–25 budget; the EDC removed projected AirBnB income from the plan following a recent deannexation, council heard.

The Coffee City Council voted to adopt the Economic Development Corporation's 2024–25 budget after the EDC revised its revenue assumptions. Mayor Jeff Blackstone reported the EDC removed AirBnB income from the budget following a deannexation that removed that revenue source from city limits. The motion to approve was made by Ollie Harmon, seconded by Ruthie Seward, and carried.

Council discussion focused on clarifying the budget change rather than on additional program spending. No roll-call vote tallies were recorded in the minutes; the action is recorded as approved during the Oct. 14 meeting.

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