Sean C. Morgan
As it approved a city budget last week, the Sweet Home Budget Committee earmarked $200,000 for possible economic development projects during the 2017-18 fiscal year.
Following discussion on Thursday, May 25, the committee rejected a motion to allocate $500,000 from the General Fund’s ending fund balance to a newly created Economic Development Fund and chose instead to transfer the smaller amount.
The money is not slated for any specific project or program…