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4b • BudgetCity of Colleyville (Tarrant County)

Adoption of the Colleyville Economic Development Corporation Fiscal Year 2027 Budget

Presented in: City Council Meeting - 1st on 2026-09-01
Meeting Agenda PDF

Official Roll-Call Vote

Restrains Gov't • 2.0/10 Impact Weight
PASSED (7 - 0)
“Motion to approve Adoption of the Colleyville Economic Development Corporation Fiscal Year 2027 Budget”
BL
Bobby Lindamood
Mayor (At-Large)
YES
BE
Brandi Elder
Councilmember, Place 1 (Place 1)
YES
MA
Mark Alphonso
Councilmember, Place 2 (Place 2)
YES
SR
Scotty Richardson
Councilmember, Place 3 (Place 3)
YES
BG
Ben Graves
Councilmember, Place 4 (Place 4)
YES
KH
Kimberly Holt Gunderson
Councilmember, Place 5 (Place 5)
YES
TR
Tim Raine
Councilmember, Place 6 (Place 6)
YES

Staff Report & Agenda Item Details

Reading and Public Hearing Per the Colleyville Economic Development Corporation (CEDC) Bylaws, the Board of Directors must adopt an annual budget for the CEDC. This budget must also be approved and adopted by the City Council. The CEDC Board adopted the FY2027 budget at the annual Board meeting held on August 18, 2026. This budget includes the FY2027 expenditures in the Economic Development Capital Improvement Program (EDCIP) FY2027 - 2031.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.0/10). 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.