The 4B Whitesboro Economic Development Corporation (WEDCO) passed by the voters of Whitesboro in 1998 for the purpose of sales tax for Economic Development.
The Whitesboro Economic Development Corporation, a nonprofit Corporation, is a sales tax commission under the Development Corporation Act of 1979, as amended and shall be governed by Section 4B of said Act and specifically Article 5190.6, Section 4B, Revised Civil Statutes of the State of Texas, as now existing or as may be amended.
The WEDCO has an operating Board of Directors which consists of seven (7) Directors, two (2) City Council representative, a representative from the Whitesboro Independent School District, a representative from the Whitesboro Area Chamber of Commerce and a Chief Administrative Officer. Following is a list of those current members:
Board of Directors
President: Mike Haynie
Vice President: Craig Falco
Secretary/Treasurer: Amy Goedecke
Directors:
Ralph Burton
Jon Sanders
Jerry Warren
Scott McCutcheon
Ex-Officio Members
Michael Marter
Dr. Ray Lea
Council Representative
Charles Whitecotton
Mark Pike
Economic Development Director: Janis Crawley
Contact us at: edc@WhitesboroTexas.com
(903)564-3311 office or Janis cell (903)436-6646
P.O. Box 340, 111 W. Main, Whitesboro, Texas 76273
4B Sales Tax proceeds are less limited by the State of Texas on expenditures than the 4A, however the proceeds are to be used for the creation of new and or expanded business enterprises. The 4B Sales Tax proceeds may be spent on land, buildings, equipment, facilities and improvements for items that fit under the definition of “project” under Section 2(11)(A) of the Act.