4B Economic Development Board
Certain Cities may establish 4B Economic Development Boards under Texas State Statutes. 4B boards are authorized to expend funds not only for economic development projects but also on specific projects that improve the quality of life. This includes sports and parks improvements and expansions.
4B funds come from a ½ cent sales tax. Expenditure of the funds requires the approval of both the 4B board and the City Council. In the past few years 4B has funded the following projects; Quail Run Park improvements, Downtown Park improvements, the downtown streetscape improvements, improvements to the railroad ball fields and construction of Porter Sports park. These improvements would not have been possible without 4B funds. In April of 2013 4B committed to pay for the construction of a splash park to replace the obsolete pool in Switzer Park. The splash park was completed in June 2014.