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City of Mansfield Annual Budget and Service Program Fiscal Year 2025-2026 Table of Contents
Staffing
The FY 2025-2026 budget includes the addition of 1/2 a position to convert a part-time outreach specialist to full-time.
Operations and Maintenance
The operating budget in the MPFDC Fund went up 16.68% due to the addition of operations at The Fields at Station 63
(formerly Big League Dreams ballpark) and Geyer Commons, a new development opening in early 2026. As the City
continues to add acreage and facilities to the parks system, the contractual and supply costs to maintain park land is
expected to increase.
Transfers
Approximately $87,977 is budgeted for the MPFDC portion of auto, liability, and property insurance coverage. There is also
an overhead allocation to the General Fund budgeted at $430,761.
Equipment
$142,800 is budgeted in FY 2025-2026 to fund an outreach vehicle, mowers, and other field maintenance equipment.
Debt
The debt service payment for the Mansfield Park Facilities Development Corporation is $2,815,849, which is an increase of
$14,932 from the previous fiscal year.
Mansfield Economic Development Corporation (MEDC) Fund
Revenues
Sales tax revenues and prior year appropriations support ongoing economic development initiatives. The sales tax revenue
for the MEDC Fund, which accounts for 75% of the FY 2025-2026 budget, results from a ½ cent sales tax approved by the
voters in 1997. Estimated sales tax in FY 2025-2026 is $11,275,624. Other budgeted revenue includes $1,949,280 in prior year
funding that is appropriated for contractual obligations and economic development agreements approved by City
Council.
Staffing
No new positions are budgeted in FY 2025-2026.
Operations and Maintenance
The MEDC O&M budget reflects active project engagement and design efforts for targeted economic development
initiatives.
development agreements approved in FY 2024-2025 are ongoing. Less revenue from prior year funding is required to fund
operations in FY 2025-2026, which is the source of the decrease in the overall budget.
Transfers
The budgeted transfer to the General Fund for the Shops at Broad development is $243,125. In addition, $267,524 to the
General Fund is budgeted for overhead allocation. Finally, $35,856 is budgeted for the MEDC portion of liability and
property insurance coverage.
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