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Priorities & Issues
In July 2025, the City Council reaf{rmed its commitment to Colleyville’s strategic vision and identi{ed several key priorities
for the 2026 {scal year. These priorities re|ect both ongoing initiatives and new projects that align with the City's long-
term goals. The adopted budget suppor ts these priorities as well as other key issues, ensuring that Colleyville continues to
provide exceptional ser vices to its residents while making strategic investments in the community's future.
Key Priorities for 2026
. Continue Beauti{cation — Public Proper ty and Commercial / Private Proper ty. The City remains dedicated to
beauti{cation effor ts, both on public proper ty and through grants to suppor t improvements on commercial and
private proper ties. These effor ts are crucial to maintaining Colleyville’s attractive and welcoming environment .
. Open Space. The City Council is focused on developing a strategic approach to proper ty acquisition, identifying key
parcels for future open space and improving current proper ties by creating spaces for the community to enjoy. This
proactive strategy is designed to suppor t long- term community growth and sustainability.
. Website Update and Communications. An updated website designed to be user-friendly, compliant with new ADA
laws, and a conduit for clear communication to the public . Proactively share information about upcoming projects
and those under way, not only upon completion.
. Connectivity. Continued effor ts to improve sidewalks and trails throughout the City. This initiative will enhance
connectivity and provide residents with additional recreational oppor tunities.
. Nor thern Gateway project . As par t of the City's ongoing economic development effor ts in this area, as a key entry
point into the City. Ensure plans for site development align with the community ’s goals and quality expectations.
. Community Events. Strengthening community spirit is a priority for the upcoming year. Planned initiatives include
sustaining popular events, such as Stars & Guitars and Har vest Festival, while adding events such as parades and
Haunted Trails.
. TIF extension. Consider extension of the City ’s Tax Increment Financing District , to provide for funding of economic
development effor ts beyond 2030, when the current TIF expires.
. Field/Cour t Utilization Assessment . Review utilization and consider appropriate use levels to ensure quality
conditions are maintained. Meet with spor ts associations to ensure communication and expectations of all users are
clear.
. Recreation Center site improvements. The City Council is focused on developing the area around the Recreation
Center by adding a splash pad, improvements to the voting building, and adding fencing and signage.
Budget Overview
The 2026 {scal year budget is crafted to suppor t these priorities while maintaining {scal responsibility. The budget ensures
continued investment in the City's infrastructure, parks, and public safety ser vices, with signi{cant allocations towards the
aforementioned projects. Colleyville's philosophy of setting the lowest tax rate possible while ensuring high- quality ser vice
provision remains unchanged, and the City will only request a tax rate increase when necessary.
Strategic Adjustments and Long-Term Planning
The 2026 budget re|ects strategic adjustments based on current economic conditions, community needs, and Council’s
long- term vision. The increase by 7% to a 14% general residential homestead exemption is a key new initiative aimed at
providing relief to homeowners while balancing the City's revenue needs. Continued investment in infrastructure and
public safety ensures that Colleyville remains a safe and vibrant community for all residents.
The City ’s multi-year {nancial forecast continues to guide decision-making, ensuring that Colleyville remains {nancially
stable while making necessary investments in its future. This approach, coupled with the City's focus on ef{ciency and
responsible {scal management , positions Colleyville for continued success in the years ahead.
FY 2025-2026 Annual Budget | Colleyville Page 36

