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Iowa Park council adopts Economic Development and Community Development budgets totaling $831,300
Summary
Council adopted the Iowa Park Economic Development Corporation (4A) budget of $423,150 and the Community Development Corporation (4B) budget of $408,150 for FY2025–26 by unanimous votes (Res. 25-19 and Res. 25-20).
The council voted to approve two economic and community development budgets for FY2025–26. Resolution No. 25-19 adopted the 4A Economic Development Corporation budget at $423,150 in revenues and expenditures; Resolution No. 25-20 adopted the 4B Community Development Corporation budget at $408,150 in revenues and expenditures. Both votes were unanimous.
Councilwoman Sherrie Williams moved adoption of the 4A budget with Councilwoman Stephanie Wooten seconding; Councilwoman Wooten moved adoption of the 4B budget with Councilwoman Lori Shierry seconding. The minutes record the resolutions and the motion results; both budgets will be implemented under their respective local development corporations.
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