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Cedar Park Type B CDC projects $12.6 million in 2026 revenues; reserve policy keeps $3 million in savings

3769421 · June 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its June 10 meeting, the City of Cedar Park Community Development Type B Corporation heard a preliminary financial forecast that projects $12.6 million in revenues for fiscal 2026 and a preliminary $396,000 increase in the fund balance.

At its June 10 meeting, the City of Cedar Park Community Development Type B Corporation heard a preliminary financial forecast that projects $12.6 million in revenues for fiscal 2026 and a preliminary $396,000 increase in the fund balance.

Erica Solis, with the finance department, told the board that “we're estimating revenues of 12,600,000.0 for 2026,” and explained how the Type B fund is supported by a half-cent of the…

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