July 9, 2026 Odessa Development Corporation Sales Tax Workshop 2

The City of Odessa's Development Corporation held a Sales Tax Workshop on July 9, 2026, focusing on the legal framework and practical application of economic development sales taxes (ED sales tax) in Texas. The discussion covered the state and local sales tax rates, the distinctions between Type A and Type B economic development corporations, and the permissible uses of sales tax revenues, particularly for infrastructure projects supporting new and expanded business development. The meeting emphasized the importance of adhering to state statutes when allocating funds, including the approval processes for expenditures and the necessity of board and city council oversight. Specific procurement-related topics included the use of sales tax funds for infrastructure improvements around commercial projects like Bass Pro Shop, the legal considerations for shifting funds between Type A and Type B projects, and the reimbursement process for expenditures over multiple years. The workshop also addressed the broader economic development strategy, including workforce training and incentives, highlighting the role of sales tax revenues in supporting business growth and infrastructure investment in Odessa and similar Texas communities.