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Haslet Type B EDC approves FY2025–26 budget adjustments, boosts legal and engineering lines
Summary
The Haslet Community EDC Type B board voted unanimously July 28 to recommend the proposed FY2025–26 budget to the city with adjustments that include recognizing recent property-sale revenue, increasing attorney fees to $25,000 and engineering to $20,000, and adding modest funds for chamber luncheons and memberships.
HASLET, Texas — The Haslet Community Economic Development Corporation (HCEDC) Type B board on July 28 reviewed its proposed fiscal year 2025–26 budget, approved several line-item adjustments and directed staff to forward the revised proposal to the city council and budget officer.
Board members focused discussion on how recent property sales will appear in the ledger, recurring obligations such as a $35,000 annual contribution tied to water and sewer certificates, and several modest increases to contingency and operating lines. The board voted unanimously to ask staff to make the agreed changes and present the revised budget to the council.
The board heard staff explain how the proceeds from two recent property sales will be recorded. “When you sell that property, it’s the difference between what you sold it for, less your closing costs, less the value it was on the…
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