EDC budget shrinks - WALB.com, South Georgia News, Weather, Sports

EDC budget shrinks

By Jennifer Emert - bio | email

ALBANY, GA (WALB) –  Albany Dougherty Economic Development Commission leaders worry budget cuts could hurt their ability to attract new jobs, but they know they have no choice but to accept the cuts.

County commissioners gave the EDC a heads up that the county would likely cut funding to the agency by two percent. That amounts to five thousand dollars.

Tuesday, the EDC member committee approved that cut. Director Ted Clem said it could hurt the EDC if it gets in a crunch negotiating with a company.

"It gives us not a lot of room or margin for error. We typically like to hold some money back to cover unforeseen circumstances, if we're in the middle of a big project that we need a reserve account for to get on a plane and go meet with a company somewhere that money may or may not be there in this particular case," Clem said.

Clem says he's grateful, the organization's other supporters haven't had to reduce contributions.

 

©2010 WALB News. All rights reserved.   Feedback

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • The Latest: Irma weakens into a tropical depression

    The Latest: Irma weakens into a tropical depression

    Monday, September 11 2017 3:27 AM EDT2017-09-11 07:27:29 GMT
    Tuesday, September 12 2017 2:42 AM EDT2017-09-12 06:42:09 GMT
    Irma weakened to a Category 1 storm as the massive hurricane zeroed in on the Tampa Bay region early Monday after hammering much of Florida with roof-ripping winds, gushing floodwaters and widespread power outages.More >>
    Irma weakened to a Category 1 storm as the massive hurricane zeroed in on the Tampa Bay region early Monday after hammering much of Florida with roof-ripping winds, gushing floodwaters and widespread power outages.More >>
  • Sisters face drug charges in Coffee Co.

    Sisters face drug charges in Coffee Co.

    Tuesday, September 19 2017 10:44 AM EDT2017-09-19 14:44:52 GMT
    (Source: Coffee Co. Sheriff)(Source: Coffee Co. Sheriff)

    Krystel Merritt and Christina Maria Lott of Douglas are behind bars at the Coffee County Jail following a lengthy investigation by drug agents. 

    More >>

    Krystel Merritt and Christina Maria Lott of Douglas are behind bars at the Coffee County Jail following a lengthy investigation by drug agents. 

    More >>
  • Albany Target to hire seasonal employees soon

    Albany Target to hire seasonal employees soon

    Tuesday, September 19 2017 5:33 AM EDT2017-09-19 09:33:16 GMT
    (Source: WALB)(Source: WALB)

    Nationwide, the company plans to hire 100,000 seasonal employees to help with the demand.

    More >>

    Nationwide, the company plans to hire 100,000 seasonal employees to help with the demand.

    More >>
Powered by Frankly