The Lakeway City Council convened on April 21, 2025, for a meeting that featured significant recognitions and discussions on city finances. The session began with a heartfelt farewell to Mayor Pro Tem Gretchen Vance, who concluded her six-year term. Council members expressed their gratitude for her service, highlighting her contributions and the positive impact she had on the community. A video montage celebrating her tenure was presented, and she received various tokens of appreciation, including a personalized street sign and a humorous trophy.

Following the recognition, the council moved to the consent agenda, where a clerical error in the meeting minutes was identified and corrected. Council Member Sherman pointed out that the minutes inaccurately stated a percentage related to age-targeted housing, which was amended before the agenda was approved unanimously.

The financial report was then presented, revealing a positive budget variance of $580,000 in revenues and $620,000 in expenditures. City Manager Aaron provided insights into the financial status, noting that while the city is currently behind on some revenue targets, particularly from permit fees and sales tax collections, there is optimism for improvement as expected developments progress. The council discussed the importance of refining budget estimates to achieve a more accurate financial outlook.

The meeting concluded with a call for citizen participation, but no residents signed up to speak on items not on the agenda. Overall, the session underscored the council's commitment to community service and fiscal responsibility as they prepare for future challenges and opportunities.