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/`y,, Tl^ SAS <br />_.m„�r, '� ECONOkd6G DEVELOPMENT CORPORATION <br />DATE: July 18, 2025 <br />TO: Mayor, Mayor Pro Tem & Paris City Council <br />CC: Rose Beverly, City Manager <br />FROM: Maureen Hammond, Executive Director of Paris Economic Development Corp. <br />SUBJECT: PEDC's Approved Budgets for FY 2025-2026 <br />BACKGROUND: <br />Pursuant to Section 8.03 of the PEDC Bylaws, "A budget for the forthcoming fiscal year shall be <br />submitted to, and approved by the Board in July and delivered to the City on or before August 1. The <br />budget shall be submitted to the City Manager for inclusion in his/her annual budget to be presented to <br />the City in accordance with the Charter of the City of Paris." <br />STATUS OF ISSUE: <br />The attached budgets were approved by Paris EDC Board on July 15, 2025. <br />BUDGET: <br />See attached for the Paris EDC's Approved Budgets for FY 2025-2026. <br />REQUESTED ACTION: <br />Accept the budget for inclusion in the City Manager's annual budget to be presented to the City Council. <br />J 1 l <br />