The purpose of the Hardee County Economic Development Authority (EDA) is to solicit, rank, and fund projects that provide economic development opportunities and infrastructure within the geographic boundaries of Hardee County. The EDA receives funding generated by the phosphate severance taxes. The County Manager acts as the administrator for the EDA. The board is comprised of representatives from the Chamber, Workforce, Farm Bureau, phosphate industry, department of economic opportunity, and two at large appointed by the BOCC and two from the three cities. EDA functions as per Florida Statute.