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City of Mansfield Annual Budget and Service Program Fiscal Year 2025-2026 Table of Contents
MEDC Budget Snapshot
The Mansfield Economic Development Corporation (MEDC) FY 2025-2026 operating budget totals
$1,876,190, excluding projects, development agreements, and other non-departmental expenses such as
debt and transfers. The Administration Division budget increased by 5.99% over the prior year,
supporting personnel adjustments and rising operational costs for software and contractual services.
Promotions funding grew by 10.00%, adding funds for travel/training for recruiting and marketing events
and strategic outreach efforts. Workforce Development saw the largest increase at 125%, as funds were
shifted from the Administration Division to this division to more accurately track expenditures related to
this cost center. Collectively, the FY 2025-2026 MEDC budget enhances the corporation’s ability to attract,
retain, and support local businesses while investing in a sustainable and competitive workforce for the
community.
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