Balch Springs EDC board adopts FY 2025–26 budget, prioritizes Irvin Park field renovations

The Balch Springs Community and Economic Development Corporation (Type B) on Aug. 13 adopted its FY 2025–26 budget, approving a proposed revenue projection of about $1.447 million and a $5.3 million expenditure plan that draws on a roughly $3.9 million beginning fund balance to pay for capital projects, officials said.

The budget was approved by a motion from Director Wanda Adams and seconded by Director Kelvin Hill. The motion passed on a recorded roll call with President Katicia Bruner, Rick Bromfield, Wanda Adams, Helen Shelby, Kelvin Hill and Christopher Watson voting yes.

Board members and finance staff spent most of the presentation reviewing the city’s current revenue position and why the EDC is proposing to use prior fund balance to cover a large portion of next year’s projects. “The revenues for sales tax this year as of June are at $843,000, and that is at about 56% of what we budgeted,” finance staff member Rebecca told the board. Rebecca said total revenues to date are roughly $850,000 while expenditures are approximately $2.1 million, leaving a year‑to‑date net loss of about $1.2 million but a beginning fund balance of about $3.9 million.

Tanbaby, the city’s CFO, explained…