The Buda Economic Development Corporation (EDC) is managed by a Board of Directors who plays a crucial role in governing and overseeing the operations of the organization. Their primary responsibilities include helping to establish the long-term strategic direction and vision. They often work with the executive staff to define the goals and objectives that guide the company.
Board members are responsible for ensuring the financial health of the EDC. They review and approve budgets, financial reports, and major financial decisions. This includes monitoring financial risks and compliance with relevant laws and regulations.
Buda EDC’s Board focuses on specific aspects of the EDC’s governance and oversight through several committees, including the Small Incentive Committee and Large Incentive Task Force.
The Buda EDC, established in 2001 by the Buda community, is a driving force behind the city’s economic growth. Led by a seven-member board appointed by the mayor and city council, the Buda EDC champions balanced economic development through strategic initiatives.