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06-28-2021
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06-28-2021
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CITY CLERK
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PEDC BUDGET 2021- 2022 <br />Page 2 June 2021 PEDC Board Approved the 2021-2022 Budget <br />BUDGET FOR <br />BUDGET FOR <br />Acct # Account Name <br />%CHANGE <br />2020-2021 <br />2021-2022 <br />MARKETING AND PROMOTION <br />Secure Jobs/Retention/Bus. Retention & Expansion <br />5,000.00 <br />101000.00 <br />100% <br />Lamar County Days 2021 <br />10,000.00 <br />- <br />-100% <br />Marketing Videos <br />15,000.00 <br />- <br />-100% <br />Marketing - Rebrand and Website <br />- <br />20,000.00 <br />100% <br />Marketing and Promotion <br />100,000.00 <br />100,000.00 <br />0% <br />0315 TOTAL MARKETING AND PROMOTION <br />$ <br />130000.00 <br />130 000.00 ` <br />0% <br />TOTAL OPERATING EXPENSES <br />$ <br />502,550.00 _$ <br />514,050.00 <br />2% <br />JOB TRAINING -DIRECT INCENTIVES -DEBT SERVICE -CAPITAL <br />INCENTIVES <br />JOB TRAINING <br />High Demand Job Training & Recruiting Match Grant <br />25,000.00 <br />25,000.00 <br />0% <br />0318 TOTAL JOB TRAINING <br />$' <br />25,000.00 <br />$ 25,000.00 <br />0% <br />DIRECT BUSINESS INCENTIVES <br />American Spiral Weld -Jobs <br />$ <br />1,000,000.00 <br />$ 1,000,000.00 <br />0% <br />American S iralWeld - Rail Lead <br />$ <br />- <br />$ - <br />0% <br />Huhtamaki - Rail Development <br />$ <br />100,000.00 <br />$ 102,000.00 <br />2% <br />J Skinner - Jobs <br />$ <br />250,000.00 <br />$ - <br />-100% <br />D6 - Jobs <br />$ <br />412,500.00 <br />$ - <br />-100% <br />Project Rocket X - Infrastructure <br />$ <br />250,000.00 <br />$ - <br />-100% <br />Project Rocket X - Jobs <br />$ <br />75,000.00 <br />$ - <br />-100% <br />Daisy Dairy <br />$ <br />153,300.00 <br />-100% <br />Turner Industries -Jobs <br />$ <br />200,000.00 <br />$ - <br />-100% <br />Metro Gate and Manufacturing <br />$ <br />- <br />$ 120,000.00 <br />100% <br />Attraction/Recruitment Projects <br />$ <br />- <br />$ 500,000.00 <br />100% <br />TOTAL DIRECT BUSINESS INCENTIVES <br />$ <br />2,440,800.00 <br />$ 1,722,000.00` <br />-29% <br />Page 2 June 2021 PEDC Board Approved the 2021-2022 Budget <br />
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