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CEDC Fund Summar y
FY 2025
Adopted
FY 2025 FY 2026 Budget vs.
FY 2024 FY 2025
Category Adopted Proposed FY 2026
Actuals Projected
Budget Budget Proposed
Budget (%
Change)
Beginning Fund Balance $7,537,100 $7,352,205 $7,352,205 $7,446,020 1.28%
Revenues
Sales Tax /Mixed Beverage Tax $2,675,932 $2,600,000 $2,768,222 $2,650,000 1.92%
Miscellaneous Revenue $226,573 $60,000 $215,359 $180,000 200.00%
$2,902,505 $2,660,000 $2,983,581 $2,830,000 6.39%
Total Revenues
Expenditures
$1,102,343 $1,321,147 $1,306,608 $1,412,429 6.91%
Personnel Ser vices
$282,052 $519,071 $378,770 $532,469 2.58%
Contractual Ser vices
$423,036 $363,367 $417,027 $430,367 18.44%
Supplies
$1,084,433 $975,353 $236,894 $2,069,400 112.17%
Capital Outlay
$195,536 $692,381 $550,467 - -100.00%
Capital Projects
Total Expenditures $3,087,400 $3,871,319 $2,889,766 $4,444,665 14.81%
Total Revenues Less Expenditures -$184,895 -$1,211,319 $93,815 -$1,614,665 33.30%
$7,352,205 $6,140,886 $7,446,020 $5,831,355 -5.04%
Ending Fund Balance
The CEDC began FY 2025 with an available balance of $7. 35 million and is projected to end FY 2025 with $7.45 million. By
the end of FY 2026 , the available balance is expected to decrease fur ther to $1.6 million primarily driven by the capital
expenditures budgeted for FY 2026 .

The City generally maintains a 90- day operating reser ve as a minimum for this fund. However, because this is a combined
operating and capital fund, the City prefers to keep a larger available balance to provide |exibility in cash-funding larger
projects as needed. In line with the City ’s philosophy, we aim to fund as much eligible operating expense from this fund as
possible. This helps free up General Fund resources for other needs and minimizes the burden on proper ty taxes.

While sales tax revenue has stabilized, the City remains focused on accumulating reser ves in the CEDC for future one - time
expenditures and capital projects, with no transfers planned to other funds at this time.

Revenues by Source
FY 2025
Adopted
FY 2025 FY 2026
FY 2024 FY 2025 Budget vs. FY
Category Adopted Proposed
Actuals Projected 2026 Proposed
Budget Budget
Budget (%
Change)
Sales Tax /Mixed Beverage
Tax
Sales Tax $2,675,932 $2,600,000 $2,768,222 $2,650,000 1.92%
Total Sales Tax /Mixed
$2,675,932 $2,600,000 $2,768,222 $2,650,000 1.92%
Beverage Tax
Miscellaneous Revenue
Earned Interest $226,503 $60,000 $215,359 $180,000 200.00%
Miscellaneous $70 - - - -

FY 2025-2026 Annual Budget | Colleyville Page 69