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Farmers Branch council gives staff direction to allocate $2.3 million FY25 surplus, earmarks set for parks and economic development
Summary
Council provided guidance on how to allocate a $2.3 million FY25 budget surplus, suggesting specific amounts for a columbarium, a Justice Center fitness park, economic development and Mercer Park, and asking staff to return with an action item.
At the Oct. 21 Farmers Branch City Council meeting, staff sought council direction on how to allocate a $2.3 million fiscal-year-2025 surplus. Council members debated multiple options and settled by consensus on a funding framework while instructing staff to return with a formal item for approval.
Finance Director Jay Patel told council the surplus arose from conservative revenue projections and stronger-than-expected results mainly in interest income, court fines and sales tax. Staff presented a list of suggested…
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