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Agenda Packet
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07-28-2025
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Agenda Packet
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7/24/2025 11:45:12 AM
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PEDC BUDGET 2025-2026 <br />Budget to PEDC Board 2025-2026 <br />BUDGET <br />BUDGET <br />Acct # Account Name <br />%CHANGE <br />2024-2025 <br />2025-2026 <br />MARKETING AND PROMOTION <br />Secure Jobs/Retention/Bus. Retention & Expansion <br />10,000.00 <br />10,000.00 <br />0% <br />Lamar County Days 2025 <br />10,000.00 <br />-100% <br />Signage at NW Industrial Park <br />50,000.00 <br />-100% <br />Marketing Videos <br />5,000.00 <br />10,000.00 <br />100% <br />County/Community-Wide Strategy <br />50,000.00 <br />1001 <br />Marketing and Promotion <br />55,000.00 <br />75,000.00 <br />36% <br />40315 TOTAL MARKETING AND PROMOTION <br />$ <br />130,000.00 <br />$ <br />145,000.00 <br />12% <br />TOTAL OPERATING EXPENSES <br />$ <br />591,775.00 <br />$ <br />651,841.00 <br />10% <br />JOB TRAINING -DIRECT INCENTIVES -DEBT SERVICE -CAPITAL INCENTIVES <br />JOB TRAINING <br />High Demand Job Training & Recruiting Match Grant <br />50,000.00 <br />50,000.00 <br />0% <br />40318 TOTAL JOB TRAINING <br />$ <br />50,000.00 <br />$ <br />50,000.00 <br />0% <br />DIRECT BUSINESS INCENTIVES <br />LionsHead (Project Rocket X) - Infrastructure <br />$ <br />0% <br />LionsHead (Project Rocket X) - Jobs - Due in 2024-2025 <br />$ <br />333,320.00 <br />$ <br />208,333.00 <br />-37% <br />Metro Gate and Manufacturing <br />$ <br />69,000.00 <br />$ <br />- <br />-100% <br />Universal Fabricating <br />$ <br />120,000.00 <br />$ <br />120,000.00 <br />0% <br />Ametsa <br />$ <br />133,000.00 <br />$ <br />133,000.00 <br />0% <br />Rodgers Wade <br />$ <br />93,000.00 <br />$ <br />93,333.00 <br />100% <br />Project Blue Fire - Retention (jobs) <br />$ <br />500,000.00 <br />100% <br />Project Blue Fire - Growth (jobs) <br />0% <br />Project Blue Fire - Investment <br />$ <br />1,000,000.00 <br />$ <br />1,000,000.00 <br />0% <br />Attraction/Recruitment Projects <br />$ <br />-I <br />$ <br />0% <br />TOTAL DIRECT BUSINESS INCENTIVES <br />$ <br />2,248,320.00 1I $ <br />1,554,666.00 <br />-31% <br />Budget to PEDC Board 2025-2026 <br />
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