The proposed Fiscal Year 2027 Richland Hills Development Corporation (RHDC) Budget includes estimated revenues of $905,000 and estimated expenditures of $1,158,572. Compared with the FY 2026 Adopted Budget, revenues decrease by $317,585, or approximately 26.0%, and expenditures decrease by $226,341, or approximately 16.3%. The FY 2027 budget continues funding for the Corporation’s economic development and community investment programs and services, including: Economic development personnel and administration Sales tax analysis and reporting Business networking, appreciation events, sponsorships, and business support Economic development memberships, training, and conferences Marketing and business retention initiatives Rosebud Park improvements Debt service Support for community special events A $150,000 transfer to the Link Fund as an eligible economic development expenditure Key Budget Highlights Personnel costs total $209,273, including salaries, FICA, unemployment insurance, and TMRS. $472,753 is allocated for Rosebud Park improvements, including engineering, construction, and restroom installation. $232,600 is budgeted for principal and interest on the RHDC portion of the 2016 Combination Tax and Revenue Bonds. $150,000 is transferred to the Link Fund. This expenditure was moved from the General Fund to RHDC. $63,946 is transferred to the Special Events Fund for community events. $30,000 supports sales tax analysis, memberships, business events and support, travel and training, and general marketing. The proposed budget uses $253,572 of available RHDC fund balance. Category FY 2026 Adopted FY 2027 Proposed $ Change % Change Revenues $1,222,585 $905,000 ($317,585) -26.0% Expenditures $1,384,913 $1,158,572 ($226,341) -16.3% Revenue over/(under) expenditures ($162,328) ($253,572) ($91,244) —

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.1/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.