Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Financials Payables topic
No spam. Unsubscribe anytime.
Fulshear EDC approves minutes and three months of payables totaling at least $32,660
Summary
At its Feb. 23 meeting the board approved minutes from Nov. 17, 2025 and payables for periods ending Oct. 31 ($8,172.52), Nov. 30 ($11,103.76) and Dec. 31 ($13,384.78); staff also presented a sales-tax update showing December remittances down 8.77% year-over-year.
The Fulshear Development Corporation approved meeting minutes from Nov. 17, 2025 and the payables for three reporting periods during the Feb. 23 meeting.
Motions and approvals: Speaker 6 moved to approve the Nov. 17 minutes with a spelling correction noted; Speaker 8 seconded and the motion carried by voice vote. The board then approved payables for the periods ending Oct. 31, 2025 ($8,172.52), Nov. 30, 2025 ($11,103.76) and Dec. 31, 2025 ($13,384.78). Each of those actions was moved, seconded and approved by voice vote, with no roll-call tallies provided in the transcript.
Sales tax update: Speaker 7 reported that "the sales tax revenues for February, which are December remittances, were down 8.77% from the same period the previous year, totaling $252,539.19." Speaker 7 also reported cumulative sales tax receipts of $613,716.97, described as 26.12% of the budget at 25% of the year; staff and board noted last year's December remittances spiked and that December often includes quarterly payments that affect comparisons.
What happens next: staff will continue routine financial reporting; board members had no further questions other than procedural clarifications.
