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Finance director: Cedar Park is on track for FY2026 after Q1; revenues at 31% of budget, sales tax above budget
Summary
Finance staff reported Q1 FY2026 results (period through Dec. 31, 2025): general fund revenues about $25.2M (31% of the $82.8M budget), ad valorem collections $8.8M, sales tax $6.8M (5.12% above budget YTD), and investment income of about $3.0M; the city noted timing differences and recent debt issuance.
Erica Solis presented the City of Cedar Park's fiscal-year-2026 first-quarter financial and investment report, which covers the period ending Dec. 31, 2025.
Key figures Solis cited include general fund revenues of approximately $25.2 million (about 31% of the adopted $82.8 million budget) and general fund expenditures of roughly $18.3 million (about 22% of budget). Ad valorem collections through the quarter were $8.8…
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