CONSIDERATION OF AND ACTION ON
Discussion and Consideration of City Development Corporation FY2027 Budget Adoption
The City Development Corporation of El Campo (CDC) Board unanimously approved its Fiscal Year 2026–2027 Budget at its September 8, 2026 called meeting and is requesting City Council approval.
Revenues include $1,135,000 in projected sales tax revenue, $135,000 in investment interest, $75,000 from marketing reserves, and $1,500 in sponsorships and donations.
Administrative expenditures total $358,396. Personnel costs include the City's budgeted 5% salary adjustment, applicable TMRS costs, and a $30,000 contingency for pension liability adjustments recommended by the auditor.
The budget also includes $35,800 for other contractual services and $179,000 for marketing and promotion activities.
The budget provides $745,529 for workforce, business and infrastructure incentives, including $200,000 for the Site Improvement Grant Program, $250,000 for infrastructure projects, $100,000 for job creation incentives, and continued funding for workforce training and business retention and expansion programs.
A total of $63,575, representing 5% of revenues, is budgeted for reserves.
In addition to the adopted expenditure budget, the CDC identifies $1,264,189 in previously pledged reserve funds for ongoing or committed projects. These include the I-69 North infrastructure engineering cost share, Aqufit job creation incentive, approved site improvement grants, Northside Education Center A/V, Western Smokehouse Partners infrastructure, Big Red water infrastructure, and Project White/East Jackson infrastructure. These pledged amounts are presented for informational purposes and are not included in the FY 2026–2027 operating budget totals.
Staff recommends approval of the City Development Corporation of El Campo Fiscal Year 2026–2027 Budget as presented.
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