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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)
$36,383 - $268,314 $128,500 -
Total Business Center
Total Expenditures $4,715,174 $2,467,858 $16,805,118 $2,621,226 6.21%
The Tax Increment Financing (TIF) Fund is designed to encourage development and economic growth within the Tax
Increment Reinvestment Zone (TIRZ). Expenditures from the fund are allocated to projects that suppor t infrastructure
improvements, economic development , and overall enhancement of the zone.

In FY 2025, the City added funding for school resource of{cers (SROs) in the Grapevine -Colleyville Independent School
District (GCISD ). This $900,000 annual commitment will continue through 2030, marking a major por tion of the fund's
expenditure.

Additionally, one of the key projects funded by the TIF for FY 2025 and FY 2026 is Hero’s Park , an impor tant capital
improvement within the zone. This project aligns with the TIF ’s goal of enhancing public spaces and infrastructure to
encourage fur ther development in the area. Another key project is the Gateway Towers and surrounding areas This
project is the largest por tion of expenses in FY 2025.

Overall, the TIF Fund remains focused on promoting growth and development within the zone through targeted
infrastructure and improvement projects, with the SRO funding marking a signi{cant long- term expenditure.

FY 2025-2026 Annual Budget | Colleyville Page 82