EDC, Chamber reports elicit more questions about expenditures exceeding revenue
In his quarterly report to the city council last month, Community Development Director Shane Spencer said he had reached the conclusion that the oil and gas industry that has so long driven the local economy might not rebound. Based on the declines in the oil and gas industry, he said, “I think it’s time to shift gears, to focus more on diversifying our economy.”
Spencer had just presented his…