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|County Board Finance Committee to Take GREDA Funding Proposal to Full Board
|There seems to be one item left before Knox County officially has a budget for the coming fiscal year, and it's how much money the county will give to the local economic development agency. Before the approval of the budget for next fiscal year, the Knox County Board's Finance Committee Wednesday night had a discussion with officials from the Galesburg Regional Economic Development Association and shared the committee's concerns about the funding level currently given to them in order to include the funding in the budget.
Finance members tried first to cut the funding package in half for one year and another motion was brought up to eliminate all funding for the package with both motions failing. But GREDA officials are looking into trying to get the Knox County Board to approve a 3 year contract with funding set at 30,000 dollars a year for the program with the opportunity for a clause to get out of that contract. Finance committee member Stephen Johnson tells WGIL certain criteria need to be met in order to keep GREDA's funding. "I don't think we need to get in a three-year contract, even with an out clause in it with GREDA," Johnson said. "I think we need a year to year situation, and evaluate their progress, and like we said, if the progress is not met, then cut the funding."
The finance committee voted 4-3 to bring GREDA's funding option to the Knox County Board next week and Johnson again voiced his displeasure with GREDA. "I'm opposed to the three-year contract. I was opposed in the meeting (Wednesday night), and I'll oppose it next Wednesday night."
The finance committee later approved the budget for next fiscal year with changes to possibly come into play at the next county board meeting, which is this coming Wednesday night.
|10 24 08 by Newsroom
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