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Liberty Hill EDC approves FY26 budget after stronger-than-expected sales-tax projections
Summary
The Liberty Hill Economic Development Corporation board approved the FY26 budget July 16 after staff reported sales-tax projections above earlier targets. The budget includes a proposal to dedicate 10% of sales-tax revenue to advertising, a $40,000 downtown façade grant line, and new fund-balance policy targets.
The Liberty Hill Economic Development Corporation board voted July 16 to adopt its fiscal year 2026 budget after staff presented updated sales-tax projections that outpaced earlier assumptions.
Treasurer (Speaker 7) told directors her updated model showed roughly $200,000 more in sales-tax revenue than originally targeted and a 12-month floating average that has crested at about $600,000 per month. Based on those figures, the budget as presented anticipates roughly…
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