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Mansfield EDC recommends $14.9 million FY26 budget to city council after review of revenues and projects
Summary
EDC staff presented a preliminary FY2026 budget showing $14.9 million in revenues and a projected $11.275 million in key sales‑tax revenues; the board approved forwarding the balanced budget recommendation to city council by a unanimous voice vote.
EDC staff presented the proposed fiscal year 2026 budget and the board voted unanimously to forward the recommendation to the Mansfield City Council.
Jason, an EDC staff member, told the board the draft budget includes projected revenues of about $11,275,000 from sales‑tax forecasts and total EDC revenues shown as $14,900,000. He said bond proceeds for stadium construction are on deposit and that interest earnings are unusually high this year. "So right now, 11,275,000 is what's projected," Jason said as he reviewed revenue forecasting methods and the revenue picture for FY26.
The pre…
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