Reading and Public Hearing Per the Colleyville Economic Development Corporation (CEDC) bylaws, the Board of Directors must adopt an annual budget. The FY 2027 budget replicates the revenues and expenditures contained in the proposed FY 2027 - 2031 EDCIP, which was reviewed during the CEDC budget worksession on August 4, 2026. Proposed operating expenditures for FY 2027 total $2,606,385, as reflected in the attached FY 2027 CEDC Budget.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.7/10). 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.