Business tax incentives, recruitment, entrepreneurship top list for Williamsburg EDA

City contribution and tax incentive transfer make fund most of Economic Development Agency's $318K FY27 budget request

The Williamsburg Economic Development Authority has released its draft fiscal year 2027 budget totaling $318,561, funded primarily through city contributions and a tax incentive transfer. The plan directs spending toward business recruitment, entrepreneurship support, and existing business programs, with the largest single expenditure covering tax incen…