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<br />Request for Action <br /> <br /> <br /> <br /> <br /> <br />To Item Number <br />Economic Development Authority 2. <br />Agenda Section Meeting Date Prepared by <br />Work Session August 7, 2023 Brent O’Neil, Economic Development Director <br />Item Description Reviewed by <br />2024 Budget and Goals Cal Portner, City Administrator <br />Reviewed by <br /> <br /> <br />Action Requested <br />Discuss the preliminary budget for 2024 and provide direction to staff. <br /> <br />Background/Discussion <br />Staff has prepared preliminary budget and goals worksheets for 2024. <br /> <br />The work session will focus on refining budget items based on 2024 goals, objectives and initiatives of the board. <br /> <br />Following the work session, staff will incorporate the board’s feedback and direction into final budget documents <br />for the EDA’s adoption at its next regular meeting, and the City Council’s inclusion in the preliminary levy in <br />September. <br /> <br />Financial Impact <br />N/A <br /> <br />Mission/Policy/Goal <br />EDA bylaws require a budgeting workshop prior to formal consideration of the budget in September. <br /> <br />Attachments <br /> 2024 Preliminary EDA Budget and Goals Worksheets <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br /> <br />service, and community engagement that encourages and inspires prosperity. <br />Updated: January 2023 <br /> <br />