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As is often the case, the Lamesa Economic Development Corporation (LEDC) and Lamesa Economic Alliance Project (LEAP) will be going into the next fiscal year with budgets showing spending far outdistancing revenue.That’s just the nature of most economic development organizations, said Lee Peterson, executive director of both LEDC and LEAP.“In economic development it’s hard to pinpoint spending,” Peterson told the Press-Reporter.Normal things such as salaries and operating expenses are generally predictable, but economic development projects are something of a moving target.New projects can pop up anytime. Peterson said they may have dozens or even hundreds of possibly projects being eyed,

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331
806-872-2177