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Tomball economic development board OKs FY‑26 TEDC budget, includes $3 million for Legacy Square
Summary
The Tomball Economic Development Corporation budget for fiscal year 2026 was approved on first reading, allocating $3 million for Tomball Legacy Square and funding for property acquisition, Old Town projects, South Live Oak repairs and a summer youth employment program.
The Tomball City Council voted to approve the fiscal year 2026 Tomball Economic Development Corporation (TEDC) budget on first reading, including line items for property acquisition and project funding that city staff said total $8.3 million in committed funds.
TEDC staff presented a budget that transitions accounting from QuickBooks to the ENCODE system, proposes a 3% cost‑of‑living adjustment, and budgets $93,000…
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