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Budget update: property tax collections ahead of budget; county proposes assigned fund balance to build $10M economic‑impact reserve
Summary
Budget staff told the court property‑tax receipts are ahead of the adopted budget and recommended assigning roughly $6.4M of fund balance now to begin building a targeted $10M economic‑impact fund over two years rather than tying up current operating revenues.
Budget Director Carmen Candelaria briefed the Commissioners Court on March 19 with an update on FY26 revenues and a proposal for a two‑year strategy to build an economic‑impact fund.
Candelaria reported year‑to‑date general‑fund revenues through February at about $313.7M against a $495.5M budget. Property‑tax collections were especially strong, and the office projects roughly $4M more in levy receipts than the adopted budget. Sales‑tax…
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