As promised, EEDB full budget details
For your perusing pleasure: The full reports from the El Dorado Economic Development Commission for 2008 and the 2007-08 budget comparison documents.
Revenues so far this year from the 1 cent sales tax and incurred bank interest total more than $2.4 million, according to the documents below. So far this year, nearly $1 million of that money has been spent. As of June 30, the total balance of the EEDB’s coffers stands at just over $3.5 million.
Note: The line item in the 2008 budget marked “land purchase, $1.5 milllion” relates to the new conference center. Also, the below documents do not indicate the waste of funds allocation of $250,000 for the golf ball washing business.
2008 EEDB Revenues Page 1
2008 EEDB Revenues Page 2
EEDB Revenue Yearly Comparison
EEDB 2008 Budget Page 1
EEDB 2008 Budget Page 2
July 30th, 2008 at 5:11 pm
John, thanks for obtaining this info. Is this the expected budget document that was passed by the city council that you mentioned in an earlier post?
July 30th, 2008 at 6:04 pm
Yes, Brian, this is the official budget.