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Northlake MDD sees $5.1M in EDC/CDC funds, reviews preliminary budget and three project options
Summary
Staff told the Northlake MDD board that $5.1 million is projected to transfer from the EDC/CDC and presented a preliminary budget that estimates an ending balance of about $4.4 million next year; the board asked staff to prepare cost estimates for three project options including a $200,000 trail connector and an $8 million sewer extension.
The North Lake Municipal Development District received a preliminary fiscal-year 2026–27 budget briefing on June 22 that combined legacy EDC and CDC balances as a baseline and identified three candidate projects for board consideration.
Staff told the board the projected ending fund balance for EDC/CDC at the end of the current fiscal year is about $5,100,000 and that, under the preliminary budget assumptions, the MDD’s projected ending fund balance at the end of next fiscal year would be about $4,400,000. "So the good news is you still got a lot of money in the bank to work with and to be able to accomplish projects within the district," the development services director said.
Revenue assumptions reflected a substantial reallocation of sales tax: staff projected a roughly 26% decrease in revenue compared with prior combined collections because the MDD will collect a half-cent sales tax while the former EDC/CDC collected three-quarters of a cent. Other revenue lines discussed included interest, advertising and lease revenue from assets like a town-owned Lamar billboard.
Staff presented three proposed project options for possible inclusion in the MDD budget: a North Lake Commons Veil Connector trail (estimated cost $200,000) to improve access for pedestrians, bicycles and golf carts; sidewalk and trail improvements around the STAR Center and Chadwick Commons (cost not yet estimated); and a major Cleveland Branch sewer upsizing and extension to unlock large retail development near the 1171/35W intersection.
Presenters described sewer capacity, not water, as the primary constraint on development at the intersection and discussed a potential partnership with a private developer to oversize a regional sewer line. A presenter gave a rough total extension figure of about $8,000,000 and said oversizing could amount to roughly 25% of that total; staff and consultants said design and funding work should begin soon to meet a late‑2027 to mid‑2028 window for regional line availability.
Board members voiced interest in getting cost analyses for all three projects. One member said the lifestyle-sidewalk improvements and sewer upsizing were priorities, while others recommended reviewing the trail connector history and returning with more detailed estimates. Staff said the connector project is already in the capital improvement plan and that funding sources could include the MDD or the general fund.
The board directed staff to return with cost estimates and analysis for the projects ahead of the July meeting reserved for budget adoption work.
