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Friendswood Downtown EDC adopts 2025–26 budget; election of officers postponed
Summary
The Friendswood Downtown EDC approved a proposed 2025–26 budget projecting more than $1 million in sales‑tax and interest revenue and a projected ending fund balance of about $3.93 million; the board postponed its annual officer election and received updates on lighting and public‑art projects.
The Friendswood Downtown Economic Development Corporation voted to approve a proposed 2025–26 budget at its Tuesday, September 9 meeting and postponed the annual election of officers until the next regular meeting due to several absences.
Chair Rebecca introduced the budget item and Stephen (city staff) reviewed projected revenue and fund balances. Stephen told the board the projection includes over $1 million in sales‑tax and interest receipts for the coming fiscal year; he said staff anticipates an ending fund balance of…
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