Taft Economic Development Corporation

An EDC Serves to foster and promote economic development within the community.  They are often a first point of contact that an interested business makes when considering a relocation or expansion.  The EDC works to determine the business needs and whether the community is or can be a good fit.

To Promote job creation, attract employers and ultimately facilitate job creation.

Yes, an EDC in the State of Texas is permitted to own property.

EDC’s are funded in various manners but the Taft EDC is funded through local sales tax, as allowed by the State of Texas.

Yes, the sales tax collected for the EDC is only to be used for the EDC and economic development purposes.

In the City of Taft, the EDC Board is appointed by the City Council in accordance with the EDC bylaws.