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Los Fresnos Community Development Corporation Approves FY 2019-2020 Budget
- Updated: August 16, 2019
by Tony Vindell/LFN
The Community Development Corporation of Los Fresnos has approved a new budget for fiscal year 2019-2020; that begins Oct.1 and ends September 30.
The $391,100 budget is higher than the 2018-19 of $358, 138.
The new figures, as presented in the budget included $5,200 in salaries and $29,000 in professional services.
However, the board approved to increase the professionals service line item to $31,600.
Desi Martinez, the CDC liaison requested a $100 increase per month car allowance.
City Manager Mark Milum proposed to increase the allowance by $50 but the board opted for the $100.
Later in the meeting, Martinez said he has been making contacts with other entities and his goal to have more businesses relocate here continues.
The board approved allocating money to several organizations, including $9,000 to the Cameron County Livestock Show, $12,000 to Los Fresnos Rodeo and $1,500 to the cowboy cookoff.
Earlier in the meeting, the board heard a presentation about the goals and functions of the Los Fresnos Chamber of Commerce by Val Champion, the chamber executive director.