The Rusk Economic Development Corporation submitted a basic budget for approval in anticipation of bigger projects to come throughout the year.
The corporation is funded through a portion of sales tax paid on goods in the city limits of Rusk.
Executive Director Bob Goldsberry said the corporation is expecting $237,000 in sales tax revenue and loan repayments this year.
The corporation will also get a little nudge in the number from paying off some loans earlier this year. Goldsberry said the measure will free up about $20,000 over the next three to four years for additional projects.
“We were fortunate we were able to do that,” he said.
On the expense side, REDCO budgeted $78,000, which will cover its basic operating expenses including contract administration through the Chamber of Commerce, training, travel, legal services and accounting.
Goldsberry said if the REDCO board decided to move forward with a project, the board would need approval from the city council and submit a budget amendment for approval.
“I have a feeling we have several projects that will get kicked off this year,” he said.
Goldsberry said all members have expressed interest in helping the city of Rusk with its proposed industrial park, to be located near the railroad tracks on the northwest side of town.
He said the project figures and estimates are still being crunched and configured, but the project will be done in phases as money allows.
“They (the city council) will approve the project and the expenses and we will do an amended budget to go along with that,” he said.
REDCO approved its budget on Sept. 12 and was approved by the council Sept. 13.
- Local Sports
Tribe's Riden named District 16-4A Offensive MVP
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Lady Jaguar Workman named as Region XIV's top womens player
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The 5-foot-8 sophomore from Reading, PA averaged 17.4 points and 8.5 rebounds a game for the Lady Jaguars, who finished fourth in the recently completed conference tournament.
New Summerfield downs Van, 3-1, to win small school soccer tourney
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The Hornets ended up with a record of 11-5-0.
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Luke Smith turned in a dominating performance in Troup's 10-0 win over Harmony in a District 18-2A affair that was played at the Tigers' ball yard Friday.
Smith pitched a no-hitter against the Eagles and struck out 12 of the 18 opposing batters that he faced.
Priddy Good Stuff: Brook Hill disposes of Class 6-A Lake Hamilton, Ark.
Brook Hill evened its record at 6-6 Saturday afternoon by leveling Lake Hamilton, Ark., a Class 6-A school with an enrollment in excess of 900, 4-1, in final day play of the Longview Lobo Classic Challenge.
Eagle 9 drop decisions to Carthage
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Indian baseball loses twice in Quitman tourney
After starting off the Quitman Tournament with a pair of wins, the Jacksonville baseball Indians' luck changed Friday and Saturday when the Tribe came up short, losing 13-3 to Mount Pleasant Chapel Hill, and tumbling 10-7 to the host Bulldogs from Quitman on Saturday.
Boys Powerlifting: Rosales, Turner to represent Rusk at state meet
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Crimson Tide's Littlejohn moves to 5-0 with 1st SEC win
Rusk High School product Sydney Littlejohn, a true freshman at the University of Alabama, moved to 5-0 on the year Saturday when she earned her first Southeastern Conference victory of her career.
Prep Soccer: Hawkins boots Brook Hill girls to another state championship
Brook Hill successfully defended its TAPPS DIII girls's soccer state title on Friday by slipping past Austin Vertas 1-0 at Awty International School.
Elise Hawkins was the unlikely hero for the Lady Guard. The senior defender scored what turned out to be the only goal of the match around the 12-minute mark of the final period.
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