Economic Development Tax Board - May 21, 2026

The City of St. Louis Economic Development Tax Board convened on May 21, 2026, to discuss and approve budget allocations funded by the half-cent economic development sales tax. Key procurement-related discussions included the approval of a $14.58 million allocation for transit projects, bringing the transit fund balance to $118.3 million for fiscal year 2027. The board also reviewed and recommended a $1.89 million budget for neighborhood planning and revitalization efforts, including funding for the Planning and Urban Design Agency and the Community Development Agency (CDA) to implement neighborhood plans. Additionally, a $3.5 million budget was approved for Slate, a workforce development agency, to support employment and training programs, including the addition of an employment and training specialist and computer lab upgrades. Public safety infrastructure funding was addressed, with a $2.376 million allocation covering the 911 system support, city emergency management, and the construction of a new public safety answering point and emergency operations center. The board took formal votes to approve these budget items and discussed procedural matters, including the need for written rules for boards and commissions. The meeting concluded with motions to approve all budget recommendations and adjournment.