Euless reports strong preliminary fiscal 2025 results; audited figures due in February

Jewel presented the City of Euless’s preliminary financial report for the fiscal year ended Sept. 30, 2025, saying the figures are pre-audit and subject to adjustment. “Overall, we are pleased to report strong financial position in ending fiscal year 2025 and starting fiscal year 2026,” Jewel told the council.

The presentation summarized outcomes across the city’s fund types. Jewel said governmental and debt service funds ended the year with appropriate reserve levels and that planned drawdowns accounted for decreases where applicable. She listed the main revenue sources supporting operations as property taxes, sales taxes, gross‑receipts taxes, court revenues, car‑rental taxes, occupancy taxes and grant revenues.

On the general fund, Jewel reported collections at about 116% of projected revenues for the year while departments spent about 92% of their appropriated budgets. Capital project funds began the year with roughly $69,000,000 and ended near $61,000,000, she said, noting transfers from operating funds and continued drawdowns as projects progress.

Jewel also gave department‑level and enterprise details. She said proprietary and internal service funds were generally in positive condition, and she highlighted the Texas Star golf course’s results: revenues were about $460,000 above expectations despite weather‑related closures, with the facility reporting a net operating loss before debt and capital that was better than projected.

An independent audit is underway, and Jewel told the council the city expects to present audited financial results in February.

The council did not take action on the report; it was presented for information and placed on the record.