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HCEDC delays approval of June financial report, schedules budget review with finance staff present

July 25, 2025 | Haslet, Denton County, Texas


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HCEDC delays approval of June financial report, schedules budget review with finance staff present
At the July 23 meeting the Haslet Community and Economic Development Corporation removed the June 2025 financial report from the consent agenda and scheduled a budget review session so staff could answer outstanding questions. The board did not approve the June financial report at that meeting and indicated it would return for approval after the review.

Board President Laura Sandroff asked that Marcy, identified in the meeting as the staff member who handles finances, attend the Monday budget review to "fully explain any questions on this financial statement," saying board members "may very well have some general questions about the budget process." Sandroff said the report could be rolled into next month's approval if outstanding questions were not resolved.

A board member raised a possible correction to last meeting's minutes about an attendee's request to know the cost of staff time for a consultant (described in the minutes as Mr. Schwenke producing a parking-lot document). Another board member asked where revenue from a recent property sale would appear in the budget; staff and board members discussed that the sale's placement in the budget documents was not immediately obvious and would be clarified at the budget review.

The board president recommended that the June financial report be excluded from consent so the board could address the questions at the scheduled review. No formal roll-call vote on approval of the June report appears in the transcript; the record shows the consent-item questions will be answered at the upcoming budget review and the two consent items will be carried to next month's agenda if needed.

Ending: The board directed staff to present clarifications at the budget review; formal approval of the June financial report is deferred until that follow-up meeting.

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Scribe from Workplace AI
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