any action necessary as a result of the Executive Session. (Pursuant to Section 551.071 of the Texas Government Code, the City Council reserves the right to consult in a closed meeting with its attorney and to receive legal advice regarding any item listed ADJO URNMENT CE RTIFICATION I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the outside window in a display cabinet at the City Hall of the City of Bedford, Texas, a place convenient and readily accessible to the general public at all times, and said Notice was posted by the following date and time: Wednesday, February 4, 2026 at 5:00 p.m., and remained so posted at least 3 business days before said meeting convened. Michael Wells, City Secretary Date Notice Removed (Auxiliary aids and services are available to a person when necessary to afford an equal opportunity to participate in City f unctions and activities. Auxiliary aids and services or accommodations must be requested in writing to the City Secretary’s Office a minimum of seventy-two hours (72) hours prior to the scheduled starting time of the posted meeting. Requests can be delivered in person or mailed to the City Secretary’s Office at 2000 Forest Ridge Drive, Bedford, TX 76021, or emailed to citysecretary@bedfordtx.gov . Some requests may take longer due to the nature, extent and/or availability of such auxiliary aids, services or accommodations.) Fiscal Year 2025-26 Budget and Taxpayer Impact Statement Pursuant to Sec.551.043(c) Texas Government Code PRESENTER: Brady Olsen, Finance Director DATE: 02/10/26 Presentation ITEM: First Quarter Investment and Financial Report DISCUSSION: Fiscal Year 2025-26 started on October 1, 202 5, with the first quarter ending December 31, 2025 . While reports are reviewed monthly, the quarter point is commonly used to assess the financial status of the organization. The total market value of the City’s portfolio as of December 31, 2025 is $123,147,155 compared to $117,425,418 as of September 30, 202 5. This represents a 4.9%, or $5,721,737, increase over the last quarter. The investment committee received the report the week of February 3 without any objections. Staff welcomes feedback on helpful information to include in quarterly updates. Financial reports will now be presented in an online format and can be accessed on the City’s website. ATTACHMENTS: Report PowerPoint Presentation INVESTMENT COMMITTEE Packet FOR THE QUARTER ENDED December 31, 2025 m CITY OF BEDFORD Investments Federal Agency Coupon Securities Treasury Coupon Securities Municipal Bonds Pools Money Market CDs Redeposit CDARS Investments Cash Passbook/Checking (not included in yiefd calculations) Total Cash and Investments Par Value 42,361,000.00 12,000,000.00 21,430,000.00 25,397,987.30 10,700,208.98 3,956,057.12 4,419,128.87 120,264,382.27 3,147,476.44 123,411,858.71 City of Bedford Portfolio Management Portfolio Summary December 31, 2025 Market Book Value Value 42,472,590.48 42,284,36

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.4/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).