| On July 25, 2023, the City Council approved the first reading of the ordinance.
I. Amend the FY 2022-23 Lubbock Economic Development Alliance, Inc. Operating Budget as shown in Exhibit A.
II. Amend the FY 2022-23 MLI - Visit Lubbock and Sports Authority Operating Budget as shown in Exhibit B.
Budget Amendment 28 includes a revision to the operating budgets for Lubbock Economic Development Alliance, Inc. (LEDA) and Market Lubbock, Inc. (MLI) - Visit Lubbock and Lubbock Sports Authority. This essential procedure is conducted each year to ensure the effective allocation of resources and to support the growth and development of the City. Individual reasoning for operating budget revisions are included in both Exhibit A and Exhibit B. |
