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EP Bridal trustees approve minutes, review January financial, traffic and parking reports
Summary
At its Feb. 20 meeting in Eagle Pass, the EP Bridal System Board of Trustees approved meeting minutes and received January 2025 reports showing $1,000,601,247 in gross revenues for the month, mixed traffic trends and modest parking gains.
At its Feb. 20, 2025 meeting in Eagle Pass, the EP Bridal System Board of Trustees approved the prior meeting’s minutes and heard January financial, traffic and parking reports, trustees and staff said.
The finance presenter reported that total gross revenues for January 2025 were $1,000,601,247, an increase of $166,672, or 11.62%, compared with January 2024. The presenter said year-to-date revenues for fiscal 2025 were $7,000,010,303, representing 35.83% of the annual budget and a favorable variance compared with budget projections.
“Total gross revenues for the month of January 2025, it’s $1,000,601,247. This represents an increase of 166,672 or 11.62% from fiscal year 2024 revenues,” a finance staff member said during the meeting.
The report showed operating expenditures for January of about $256,763, which the presenter described as roughly 2.10% over the monthly budget allocation. The reported operating transfer to the city to date was $1,000,276,100; the presenter described the year-to-date transfer amount as $5,000,001.00 $4,400 (as stated in the report) and noted it represented about 33.33% of the budgeted transfer for the fiscal year.
Trustees also reviewed traffic data for January 2025. Noncommercial vehicle crossings declined about 2.61% compared with January 2024; commercial vehicle traffic rose (the presenter reported 26,457 commercial crossings in January 2025 versus 17,209 the prior year); bus traffic and motorcycle crossings increased year over year, and pedestrian crossings increased roughly 20.3%.
Parking-lot receipts showed modest gains: cash receipts rose by $258.69 year over year for January, and card payments increased by about $1,008.85; total parking revenue figures were provided by staff and recorded in the packet.
Procedural actions: the board approved the minutes on a motion by Trustee Salinas, seconded by Trustee Sandoval. All trustees present voted in favor. Later, Trustee Zarina moved to adjourn; the motion carried and the meeting was adjourned.
The reports were presented for information; the board did not take additional substantive action on capital projects or transfers at this meeting.
