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Benbrook EDC board approves $1.20 million FY2025–26 budget; holds executive session on real property
Summary
The Benbrook Economic Development Corporation board approved a $1,201,391 fiscal year 2025–26 budget after a public hearing with no public comment. The board also received the monthly director's financial report and held an executive session on real property with no public action afterward.
The Benbrook Economic Development Corporation board on Monday approved a $1,201,391 fiscal year 2025–26 budget after holding a public hearing that drew no public comments.
EDC Director Ms. James told the board the proposed FY2025–26 budget totals $1,201,391, including administrative costs of $526,391 and project funding of $675,000 for EDC accounts. Project line items the director identified include a storefront improvement grant of $100,000, a remaining incentive/reserve for "Benbrook LLC" of $500,000 for maintenance or outstanding incentives, and $25,000 for beautification along Benbrook Boulevard.
The board opened a public…
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