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Clarification Regarding Funding

Guest Correspondence

SRQ DAILY

SATURDAY APR 2, 2016 |

BY CATHY ANTUNES

I’d like to provide clarification regarding last week’s statement on public funding of the Economic Development Corporation of Sarasota County. According to the EDC, in the 2015 fiscal year, the EDC received 55 percent of its operating budget from public sources.  In 2010, the year mentioned in the column, the funding was 73 percent. Last week's column mistakenly included millions in economic development grants which the EDC works to allocate, but which are not included in the EDC’s operating budget.

Cathy Antunes serves on the board for Sarasota Citizens for Responsible Government.

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