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Conroe Industrial Development Corporation adopts FY 2026 budget, earmarks $14.4 million for water-well work
Summary
The Conroe Industrial Development Corporation approved a FY 2026 budget that projects $18.8 million in revenue, $27.4 million in expenses and a $14.4 million contribution for water well infrastructure, leaving an estimated $22.4 million in fund balance at year-end.
The Conroe Industrial Development Corporation on Sept. 24 approved its fiscal year 2026 budget, which projects $18,795,307 in revenues and $27,427,432 in expenses and includes a $14.4 million contribution for water-well infrastructure.
Board members voted to adopt the budget at the meeting; the motion passed by voice vote with all directors present voting in favor.
The approved budget projects a beginning fund balance of $31,057,618 as of Oct. 1, 2025,…
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