Angleton Better Living Corporation approves FY 2025–26 budgets after staff warns of sales-tax shortfall

The Angleton Better Living Corporation approved the FY 2025–26 budgets for Parks and Right of Way, the recreation division, the Angleton Recreation Center and ABLC during its Sept. 2 meeting after staff presented updated year-to-date financial statements and end-of-year projections. The board voted to adopt the budgets following a motion and second; the motion carried.

Jason Mara, staff presenter, told the board ABLC had budgeted for a 7% increase in sales tax — about $2,300,000 — but “we have seen, about 1.6 so far.” He said that based on current trends the authority faces a roughly $660,000 sales-tax shortfall that would reduce available fund balance and require transfers to balance next year’s budgets. “Any shortfalls are gonna come out of fund balance typically,” Mara said.

Why it matters: the ABLC fund balance is the authority’s primary…