Henderson Economic Development Corporation
HEDCO spends a dedicated share of local sales tax on jobs, business recruitment and development projects. Its board is appointed by the City Council, and state law requires the council to approve its programs and spending. We track what HEDCO approves, what it pays, and whether the promised results arrive.
Open cases
Updated November 2, 2026HEDCO’s performance agreements: every deal, one place
A plant expansion, a preschool retaining wall, new homes, a new store. The goals are good. The signed contracts and proof of jobs are mostly missing from the public record.
Read the storyCharged to lines with no approved budget
HEDCO’s own year-end report says budget amendments are still needed.
Read the storyCity selling 114 acres to HEDCO
The council minutes show a plat vote, not a vote on the price or the contract.
Read the storyWho serves
Board and staffMeeting notices
From the posting certificate on each published agendaPublished agendas we reviewed from February 2025 to July 2026 that carry a dated posting certificate. Each showed three to six days of notice.
Published copies with a blank certificate: August 5 and August 19, 2025, December 16, 2025, and January 20 and February 17, 2026.
A blank certificate on the website copy does not prove a meeting was posted late. Posting the signed copy online would settle it every time.
Latest HEDCO coverage
Newest first-

HEDCO’s Deal With Sadler Powder Coating
HEDCO paid Sadler Powder Coating $35,000 in 2025-26 from a line budgeted at zero, with a final payment due in 2027. What the record shows, and…
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HEDCO Year-End Report Shows $228,697 Charged to Lines With No Approved Budget
Eleven months into the fiscal year, six HEDCO spending lines with a $0 budget carried $228,697.52 in charges, and the report’s own notes say budget amendments…
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Atwoods Ranch and Home Is Coming to Henderson on Highway 64 West
Atwoods is coming to Highway 64 West. HEDCO is paying for the road, sewer and water design, and the price of the land has not been…
What we are watching
Next steps- Signed contracts. A records request for every performance agreement, payment and compliance report HEDCO holds.
- Budget amendments. Whether the amendments HEDCO says it needs go to the City Council in open session.
- The 114-acre purchase. Whether the council takes a separate vote on the price, with the appraisal attached.
HEDCO roster from hendersonedc.com as of November 1, 2026. Notice counts come from agendas HEDCO published online. We are not accusing anyone of wrongdoing; we are asking whether residents can see how this money is spent.