Funding Our Strategic Plan

Securing a Competitive Budget 

PEDC’s budget must grow from $931,000 to $1,200,000 to accomplish our near-term goals and align our budget with that of peer best-in-class EDC’s in Florida and the Southeastern United States. To that end, our Board of Directors has repositioned investment levels to reflect a higher value proposition and revamped investor opportunities to encourage executives from throughout the business community to invest in our organization. As our revenues grow, funding will be allocated between economic competitiveness, economic growth and investor relations, with economic growth receiving nearly 75% of the total budget. 

Why Invest?
 
Economic development is everyone’s business.
 
We all share in the pursuit of creating a sustainable and diversified economy. We all share in the quest to create a business climate where every business can achieve its economic potential. And we all share in the belief that leveraging our financial resources and uniting our leaders will be the cornerstones of our success.
 
It is an investment that will create new industries for our generation and beyond. 


What will New Pasco Fund?

 • Foster economic growth by supporting the development, expansion and attraction of primary target industries. 
 • Aggressive marketing to help tell the story of New Pasco to corporate executives, real estate professionals, site selectors and others that influence business relocation decisions.
 • Research to help Pasco make more targeted decisions on which growth industries to pursue and how to develop Pasco
 • Coordinating Pasco’s leadership to increase its influence with the County Commission and state officials.
 • Develop talent and workforce programs to meet the needs of local businesses.

 
New Leadership Model. New Strategic Plan. New Investment Opportunities. Join us in investing in New Pasco: Locally United. Globally Competitive.