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Cedar Park Type B reports Q1 actuals, previews capital spending funded by sales tax

Cedar Park Community Development Type B Corporation · March 10, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Cedar Park finance staff reported FY2026 Q1 actuals through Dec. 31, 2025, noting a $12.7M revenue budget (mostly sales tax), $12.3M expenses, half‑cent Type B sales tax collections of $3.4M year‑to‑date and a fund cumulative collection of $140.7M since inception.

At its March 10 meeting, the Cedar Park Community Development Type B Corporation received a quarter‑1 financial update from Bridal Solis of the finance department covering actuals through Dec. 31, 2025. Solis said the FY2026 revenue budget is $12,700,000 and the expense budget is $12,300,000, with sales tax as the primary revenue source.

Solis highlighted that Type B half‑cent sales tax collections totaled $3,400,000…

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