Colleyville EDC adopts FY2026 budget and five-year capital plan; board approves consent minutes

The Colleyville Economic Development Corporation board of directors unanimously approved an annual budget for fiscal year 2026 and adopted an economic development capital improvement program after brief presentations and public hearings during its Aug. 19, 2025, meeting.

The board adopted a proposed annual budget that lists total revenues of $2,830,000, operating expenditures of $2,504,665, capital expenditures of $1,940,000 and total expenditures of $4,440,665. Board members were also presented the EDC’s capital improvement program (EDCIP) for fiscal year 2026, which lists proposed projects totaling $1,690,000 for that year.

The EDCIP presentation identified five projects proposed for FY2026 and their requested amounts: awnings at the park facility and City South Lot ($300,000); city hall and library renovations ($70,000); park signage replacement ($220,000);…