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Pflugerville Community Development Corporation reports 45% of FY25 revenue at midyear
Summary
At a City Council work session, the Pflugerville Community Development Corporation presented its FY25 second-quarter financial report showing 45% of budgeted revenue and lower-than-expected expenditures tied to timing and vacancies; no council action was taken.
The Pflugerville Community Development Corporation reported total revenue at 45% of its FY25 budget at the six-month mark, Finance Director said during a City of Pflugerville work session.
The report, presented during the council work session, showed sales tax revenue at about 49% of budget and interest income running below projections. The director said lease payments, development…
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