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CIDC budget workshop: proposed FY26 shows about $8 million shortfall; board cites reserves for capital projects
Summary
At a July 24 workshop the Conroe Industrial Development Corporation reviewed a proposed fiscal year 2026 budget showing a projected deficit of roughly $8 million and flagged rising debt, infrastructure coordination and use of reserves for water projects.
The Conroe Industrial Development Corporation held a budget workshop July 24 to review its proposed fiscal year 2026 budget and scheduling. Staff presented a proposed sales tax revenue figure for FY26 of $17,000,007.01, total proposed revenue of $18,000,007.34 and projected expenditures of $27,000,004.25, which the presentation characterized as leaving an approximate deficit of $8,000,006.90.
Finance staff described three CIDC funds—sales tax/clearing fund, CIDC general fund and CIDC…
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