The Escambia County Clerk & Comptroller’s Office recently reviewed the Pensacola-Escambia Promotion & Development Commission (PEDC) and related entities. This review raises questions about entity relationships and the flow of public funds through a complex organizational structure in place since 2007. PEDC 4.29.25 Final Draft
- Background on PEDC: The Pensacola-Escambia Promotion & Development Commission was created by Florida state law (Chapter 67-1365) as a public corporation to promote economic development in Escambia County. Over the years, this entity has undergone several changes through legislative updates in 1989 and 2019, including a name change that removed “County” from its title in 2019.
The Three Entities
The review identified three distinct but related entities:
1. Pensacola-Escambia Promotion & Development Commission (PEDC-Commission) – A governmental entity with FEIN 20-8214734, created as an Industrial Development Authority and registered as a governmental special district.
2. Pensacola-Escambia County Promotion and Development Community Development Entity, LLC – A private Florida Limited Liability Company with FEIN 59-1172550, created in January 2007…