Economic Development Authority


FXBG EDA LogoThe Economic Development Authority acts as a catalyst for responsible economic growth that improves Fredericksburg’s quality of life. The EDA receives its funding from annual fees derived from the issuance of bonds for qualified borrowers. Additionally, the EDA advises the City Manager and City Council on fostering economic and industrial development.

The Fredericksburg EDA plans to focus on three key goals in Fiscal Year 2023/2024: Enhancing gateway corridors, growing the tourism base, and fostering workforce development programs. 

View FY23 Budget Narrative

View FY2022 Annual Report

The Fredericksburg Economic Development Strategic Plan was adopted by the Fredericksburg City Council on May 23, 2023, and endorsed by the Fredericksburg Economic Development Authority on March 13, 2023. The 10-point plan pulls from all existing City visions/plans.

The board consists of seven Members, city residency required, appointed to four-year terms with term expiration of June 30.


Other Staff

  • Amy Peregoy, Assistant Secretary (Freedom of Information Act Point of Contact)
  • Bill Freehling, Department of Economic Development Liaison
  • Blanton Massey, Legal Counsel

Agendas & Minutes

Agendas are available prior to the meetings. Minutes are available following approval.

View Most Recent Agendas and Minutes

Public Comment Guidelines

Citizens who wish to participate in a meeting’s public comment period will be able to send their comments by submitting the EDA Comments form, or e-mail Amy Peregoy at Comments must be received at least one hour in advance of the meeting – for example, comments will be accepted until 7:30 a.m. on days with a 8:30 a.m. meeting. The plan is to read these comments out loud during the public comment portion of the EDA meeting. The standard rules apply to public comments: the person must identify himself or herself by name and address, including zip code, limit his or her remarks to 5 minutes or less (read aloud), and address a topic of EDA business. Public comments will not be accepted on video feeds, including not being permitted on Facebook nor website broadcasts.

2023 Meeting Dates

  • January 9
  • February 13
  • February 24
  • March 13
  • April 17
  • May 8
  • June 12
  • June 30
  • July 10 - Cancelled 
  • August 7 - Cancelled
  • September 11
  • October 9
  • November 13
  • December 11

The EDA meets at 8:30 a.m. on the second Monday of each month (third Monday if second Monday falls on a City holiday).