Page 10 - CityofTrophyClubFY26Budget

m a n a g e r ’ s m e s s a g e

Budget overview from Town Manager Brandon Wright

Expanded Programming: The FY 2026 Budget introduces two new initiatives—the
Tourism Incentive Program (TIPS) to support local events and drive economic
activity, and a new Art Program designed to enhance public spaces and celebrate
community identity through creative expression.

Significant Investment in Street Improvements: The six-year CIP dedicates

$17.4 million to street maintenance and replacement. This substantial investment
will improve road and sidewalk conditions, reduce maintenance costs in the long-
run, and enhance the overall safety and accessibility of Trophy Club streets.

Thrive Grant for Business Revitalization: The FY 2026 Proposed Budget
includes funding to continue the Thrive Business Grant program aimed at

revitalizing local businesses. This grant, which provides up to $20,000 in business
support, provides essential funding to help businesses grow, innovate, and
contribute to the economic vitality of Trophy Club.

Roll out of the Small Area Plan: The FY 2026 Proposed Budget includes funding
to ensure proactive partnerships to bring desired development to the Trophy Wood

and SH 114 frontage road area.

Tax Rate

The FY 2026 Budget proposes a tax rate of $0.412864, which represents the voter
approval rate. This rate reflects the Town’s continued commitment to responsible
stewardship of public funds. As property values rise across the region, the Town

remains focused on limiting the financial impact on residents while maintaining the
high standard of municipal services our community expects. This balanced
approach ensures essential services and capital investments are supported without

imposing unnecessary tax increases.

FY26 Adopted Budget 2 9/9/25