Highland Village CDC adopts 2025–26 budget but omits supplemental spending requests

The Highland Village Community Development Corporation on July 22 approved its fiscal 2025–26 budget but removed several supplemental requests after members said they wanted more data on revenues and project costs.

Board members voted to adopt the budget as presented minus the supplemental items. The board’s staff had presented a revised estimate reflecting a roughly $204,000 drop in expected revenues compared with the amount originally budgeted, driven primarily by weaker-than-expected sales-tax growth and lower park rental receipts.

The decision followed extended discussion about revenue assumptions and a line-by-line review of proposed capital maintenance and park improvements. Staff reported sales-tax receipts were running well below the increases used in the original 2025 budget and revised interest-income estimates after market yields declined from earlier forecasts. Park rental income for the year to date was far below the budgeted amount, and the board asked staff to provide multi-year trend data for park fees, field rentals and other user charges before approving additional spending.