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News

PCDC aims to budget, spend more conservatively in new fiscal year

Published on December 2, 2015 under CommunityImpact

After ending fiscal year 2014-15 with around a $1 million deficit, the Pflugerville Community Development Corp. plans to budget more conservatively by establishing a reserve fund and dedicating less to recruitment and retention in FY 2015-16, according to budget documents. The PCDC is funded through a percentage of Pflugerville sales tax and operates as a zero-sum business, meaning its purpose is not to maintain a profit but to invest profit back into the community, according to interim Executive Director Amy Madison. The PCDC began its new fiscal year in October and plans to whittle back expenses, although the corporation also […]

The post PCDC aims to budget, spend more conservatively in new fiscal year appeared first on Community Impact Newspaper.

Source: Community Impact- Round Rock

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