[00:04:20] GOOD EVENING EVERYONE. IT IS NOW 5:30 P.M. AND I'D LIKE TO GET STARTED BY ASKING TO DO ROLL CALL. GOOD AFTERNOON. AARON RIVERA, PRESIDENT. RICHARD GONZALEZ IS NOT HERE. SANDRA ALANIZ, PRESIDENT. MARK MORAN, PRESIDENT DAVID SALAZAR, PRESIDENT. [1. CALL TO ORDER, ESTABLISH A QUORUM] VERONICA GONZALEZ IS NOT HERE. GREG VASQUEZ, PRESIDENT. WE HAVE QUORUM, SIR. OKAY. SEEING THAT WE HAVE QUORUM I CALL THIS MEETING TO ORDER AND ASK THAT WE DO THE PLEDGE OF ALLEGIANCE. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA, AND TO THE REPUBLIC FOR WHICH IT STANDS. [00:05:02] ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. ALL RIGHT. LET'S MOVE ON TO ITEM NUMBER TWO. CERTIFICATION PUBLIC NOTICE. [A. Pledge of Allegiance.] WAS A MEETING POSTED PROPERLY? YES, SIR. THE MEETING WAS POSTED ON SEPTEMBER 2ND, 2025, IN ACCORDANCE WITH THE NEW STATUTES WHICH GIVE US GIVES THE PUBLIC MORE NOTICE [2. CERTIFICATION OF PUBLIC NOTICE] TIME SO THAT YES, IT WAS POSTED. AWESOME. ACCORDING TO THE NEW NEW OPEN MEETINGS ACT. SO EVERYBODY GETS MORE TIME. THAT'S GREAT. SO THEY CAN SHOW UP AND CONTRIBUTE AND GIVE THEIR FEEDBACK. YES, SIR. OR THEY CAN CALL YOU AFTER HOURS. YEAH. THANK YOU. NOW WE MOVE TO ITEM THREE. DISCLOSURE OF CONFLICT OF INTEREST. YES. GOOD AFTERNOON. UNDER TEXAS LAW, BOARD MEMBERS MUST DISCLOSE DISCLOSE CONFLICT OF INTEREST WHEN THEY OR FAMILY MEMBERS HAVE A QUALIFIED FINANCIAL INTEREST IN THE MATTER [3. DISCLOSURE OF CONFLICT OF INTEREST] BEFOREHAND. MEMBERS WITH CONFLICTS SHOULD ABSTAIN FROM DISCUSSION AND VOTING AT THIS TIME. ARE THERE ANY CONFLICTS TO DISCLOSE? NO, SIR. THANK YOU. THANK YOU. AND NOW LET ME SEE. MOVING ON TO ITEM FOUR. PUBLIC COMMENTS. SAMANTHA, DO WE HAVE ANY PUBLIC COMMENTS? THAT'S GREAT. READY? ALL RIGHT. LET'S GO TO ITEM FIVE. MINUTES ARE IN THE BOARD PACKET AND SHOULD HAVE BEEN READ. ARE THERE ANY CHANGES TO THE MINUTES? NO CHANGES. NO, SIR. OKAY. THEN CAN I GET A MOTION TO APPROVE? SO MOVED. CAN I GET A SECOND? SECOND. WE HAVE A MOTION. [4. PUBLIC COMMENTS] AND A SECOND. ALL THOSE IN FAVOR SIGNIFY BY RAISING YOUR RIGHT HAND. SAYING AYE. ALL THOSE OPPOSED? SAME SIGN. MOTION PASSES. NEXT ITEM IS FIVE B PRESENTATION OF YEAR TWO AND YEAR TO DATE FINANCIAL REPORTS ENDING ON JULY 31ST, 2025. THIS IS A PRESENTATION ONLY IN YOUR PACKET YOU HAVE ON THE FIRST SHEET [5. AGENDA ITEMS] [A. Consider and take action on approval of Minutes for the Regular Board meeting held on] THE BALANCE SHEET. ASSETS OF 47. 47,045,938. OF THAT, YOU'VE GOT ABOUT $12.5 MILLION IN CASH AND CASH EQUIVALENTS. A SALES TAX RECEIVABLE OF $1.7 MILLION, NET RECEIVABLES OF 12.4, AND RECEIVABLES OF 8.875, ALONG WITH RESTRICTED ASSETS WHICH IS ONE POINT ALMOST 1.9 SET ASIDE FOR CASH AND CASH EQUIVALENTS AND 9.6 IN INVESTMENTS. OUR CURRENT LIABILITIES ARE 767 853. OUR FUND BALANCE FOR RESTRICTED FUNDS FOR CAPITAL PROJECTS INCLUDE ABOUT $7.1 MILLION, $3.5 MILLION FOR DEBT SERVICE OVER $16 MILLION IN RECEIVABLES. AND WE'VE SET ASIDE ALMOST 8.3 MILLION FOR PROPERTY ACQUISITIONS, WITH STILL UNRESTRICTED FUNDS OF 11,000,001 98 596. ON THE SECOND PAGE, YOU HAVE OUR MONTHLY BUDGET ACTIVITY REPORT, WHICH SHOWS THAT YEAR. TO DATE, WE'VE GOT 84% OF OUR REVENUES COMING IN, WHICH IS PRETTY MUCH ON TARGET. AND IT ALSO SHOWS A TOTAL IN EXPENSES WAY BELOW TARGET OF WE'RE AT 23% ON TOTAL EXPENDITURES, NOT INCLUDING BOND PROJECTS AND BOND PROJECTS. WE'VE GOT JUST ONE MORE BOND PROJECT, ACTUALLY, TWO THE PARKING GARAGE AND THE WORKFORCE RESOURCE CENTER. ANY DETAILS? IF YOU ALL HAVE ANY BIG NUMBERS TO LOOK AT ON THE CURRENT BUDGET THERE REALLY ISN'T ANYTHING OUT OF THE ORDINARY AT THIS TIME. EVERYTHING IS IN LINE AND EVERYTHING IS ACTUALLY RIGHT ON BUDGET OR BELOW BUDGET. IN THE NEXT SHEET, YOU ALSO HAVE OUR CASH BALANCES AS OF JULY 31ST, 2025. WE HAVE UNRESTRICTED CASH OF $4.3 MILLION IN OUR OPERATING ACCOUNT, AND WE HAVE NONINTEREST BEARING CASH ALSO OF 1.9. AND THEN IN OUR INTEREST BEARING CASH ACCOUNTS, WE HAVE WELL OVER $17 MILLION FOR TOTAL CASH OF RESTRICTED, UNRESTRICTED 23 MILLION TO 89. SEVEN. 41. IF YOU LOOK AT THE LAST SHEET IN THAT SECTION, YOU HAVE A SALES TAX REVENUE. BASICALLY REPORT AND ANALYSIS OVER THE LAST FIVE YEARS SHOWING THAT IN THE MONTH OF JUNE, WE ACTUALLY HAD A 5% INCREASE IN OUR SALES TAX REVENUES. AND FOR THE YEAR, WE'RE UP 17%. THERE IS A A KIND OF A ABNORMAL NUMBER IN APRIL, WHICH HAD $1.5 MILLION IN REVENUES, WHICH IS WELL ABOVE THE NORMAL. AND I'LL TALK ABOUT THAT DURING OUR BUDGET SESSION. AGAIN, I'LL JUST REMIND YOU ALL THAT [00:10:02] WAS ONE TAXPAYER THAT GOT AUDITED. AND THEN THOSE MONIES WERE ALL PAID BACK AT ONE TIME. AND SO THAT'S WHY IT WAS A ONE YEAR AUDIT, AND IT WAS A BIG NUMBER, AND THAT'S WHY IT JUMPED UP SO HIGH. THAT'S WHY IT JUMPED UP SO HIGH. THAT'S WHY THE NUMBERS LOOK GREAT. SO IF YOU LOOK AT OUR ACTUAL IF YOU TAKE THOSE, IT'S ABOUT $2.8 MILLION IN TOTAL REVENUES AT THE CITY LEVEL, WHICH IS ABOUT A LITTLE A LITTLE OVER 780,000 AT OUR LEVEL. IF YOU TAKE THAT OUT, WE'RE STILL TRACKING AT ABOUT TWO AND A HALF TO 3% GROWTH OVER THE PREVIOUS YEAR, RIGHT? YEAH. OKAY. VERY GOOD. ALL RIGHT. DOES ANYBODY HAVE ANY QUESTIONS REGARDING THE BUDGET? THERE'S NO ACTION ON THIS ITEM. SO ITEM, SO WE'LL MOVE ON TO ITEM FIVE. C CONSIDER APPROVAL OF A SPONSORSHIP FOR FIRE STOPPERS FESTIVAL BY THE CITY OF EDINBURG FIRE DEPARTMENT. THIS IS, I THINK, THE THIRD YEAR THAT WE'VE BEEN SPONSORING THIS EVENT. LAST YEAR WE SPONSORED IT AT THE THIRD ALARM SPONSOR LEVEL, [C. Consider approval of a Sponsorship for "Fire Stoppers Festival" by the City of Edinburg Fire] WHICH IS $2,000. IT'S A COMMUNITY EVENT THAT BEGINS ON OCTOBER 4TH ON A SATURDAY AT ABOUT 6 P.M.. IT TAKES PLACE RIGHT HERE IN THE ACROSS FROM THE CENTRAL FIRE STATION ON THE MCINTYRE. KIDS GET TO PLAY GET TO KNOW THE PUBLIC SAFETY AGENCIES. THERE'S GOING TO BE SOME SPECIAL ATTRACTIONS FOOD TRUCKS, MUSIC AND KIDDY RIDES. AGAIN, THIS IS SOMETHING FOR THE ENTIRE COMMUNITY. AND WE'RE JUST WANT. THE FIRE DEPARTMENT ASKED US TO BE A PART OF IT. WE'VE BEEN A PART OF IT FOR THE LAST FEW YEARS, AND OUR RECOMMENDATION IS FOR $2,000. SAME AS LAST YEAR. OKAY, THAT BEING SAID, CAN I GET A MOTION TO APPROVE? SO MOVED. IS THERE A SECOND? SECOND. THE MOTION. MOTION AND A SECOND. ALL IN FAVOR, SIGNIFY BY SAYING AYE OR RAISE YOUR RIGHT HAND. ALL THOSE OPPOSED? MOTION PASSES. NEXT ITEM IS FIVE D. CONSIDER APPROVAL OF SPONSORSHIP FOR FANDANGO. LEGACY OF LEARNING BY MUSEUM OF SOUTH TEXAS HISTORY. CAN YOU TALK ABOUT IT A LITTLE BIT? THE MUSEUM OF SOUTH TEXAS HISTORY HAS HAD QUITE A FEW FUNDRAISERS THROUGHOUT ITS [D. Consider approval of a Sponsorship for "Fandango! Legacy of Leaming" by Museum of South] CAREER, BUT THIS IS ONE OF THE ONES THAT IS KIND OF SPECIAL TO A LOT OF US, BECAUSE THIS WAS ONE THAT SABRINA WALKER HAD REALLY LOVED TO PUSH. AND YOU KNOW, SHE HAD SHE AND I HAD TALKED ABOUT IT PRIOR TO HER PASSING. IT'S JUST ONE OF THOSE WAYS FOR THE MUSEUM TO RAISE MONIES, TO SPREAD AWARENESS OF, YOU KNOW, THE UNIQUENESS OF OF WHAT THE SOUTH TEXAS IS. AND SO FANDANGO IS A LEGACY OF LEARNING CAMPAIGN THIS TIME THE SPONSOR. THERE'S DIFFERENT SPONSOR LEVELS. THE $2,500. THE TABLE SPONSOR TICKETS FOR TEN INCLUDES SOCIAL MEDIA AND LOGOS AT IN THE BOOKLET AND AT THE EVENT. SO MY RECOMMENDATION WAS TO DO AT LEAST A $2,500 TABLE SPONSOR. OKAY, GREAT. ANYBODY HAVE ANY QUESTIONS? OH, OKAY. THEN CAN I GET A MOTION TO APPROVE? SO MOVED. IS THERE A SECOND? SECOND. SECOND. MOTION AND A SECOND. ALL IN FAVOR, SIGNIFY BY SAYING AYE OR RAISE YOUR RIGHT HAND. ALL OPPOSED? MOTION PASSES. NEXT ITEM IS FIVE E. DISCUSS AND CONSIDER APPROVAL OF THE FUNDING REQUEST SUBMITTED BY VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT FOR WORKFORCE DEVELOPMENT. [E. Discuss and consider approval of the funding request submitted by Valley Initiative for] SID RAMOS IS HERE WITH US. GOOD AFTERNOON SID. GOOD TO SEE YOU. GOOD. AWESOME. HAPPY TO BE WITH YOU ALL TODAY. GOOD TO HAVE YOU. I HOPE YOU HAVE ALL THE REPORTS WE'VE ASKED YOU FOR. ALL. GREAT. AND I SHTERNBERG. OKAY. ALL RIGHT. THANK YOU. THANK YOU SIR. THANK YOU. THANK YOU. THANK YOU. I LIKE THAT YOU CAN PREPARE IT RIGHT? ABSOLUTELY. ALL RIGHT. THANKS AGAIN. AND HAPPY TO. PRIVILEGE TO BE WITH YOU ALL HERE THIS AFTERNOON. THANK YOU FOR HAVING US. SO, AGAIN HERE TO SUBMIT OUR PROPOSAL FOR THE FOLLOWING YEAR. WE THANK YOU, THE CITY OF EDINBURGH EDC, FOR THE PARTNERSHIP WITH VIDA AND YOUR COMMITMENT TO EMPOWERING EDINBURGH RESIDENTS THROUGH THROUGH ACCESS OF EDUCATION, CAREER TRAINING AND COMPREHENSIVE SUPPORT SERVICES. YOUR INVESTMENT ENSURES THAT INDIVIDUALS FROM LOW INCOME BACKGROUNDS HAVE EQUITABLE OPPORTUNITIES TO PURSUE HIGH DEMAND OCCUPATIONS AND ACHIEVE LONG TERM ECONOMIC SELF-SUFFICIENCY. AS YOU BEGIN YOUR BUDGET PLANNING FOR THE COMING YEAR, WE RESPECTFULLY SUBMIT VITUS F 2025 THROUGH FISCAL 2026 FUNDING PROPOSAL FOR YOUR CONSIDERATION. CONTINUED SUPPORT FROM THE EDINBURGH EDC WILL ALLOW US TO PROVIDE ESSENTIAL SERVICES THAT PROVIDES, THAT PROMOTES STUDENT PERSISTENCE, PROGRAM COMPLETION AND SUCCESSFUL ENTRY INTO THE WORKFORCE. [00:15:05] TO HIGHLIGHT THE IMPACT OF OUR CURRENT GRANT PARTNERSHIP, WE HAVE ENCLOSED THE FOLLOWING IN YOUR PACKET. WE HAVE THE VIVA GRANT PROGRESS REPORT FOR THE PREVIOUS YEAR FOR 2024 TO 2025, AND VITUS ANNUAL ANNUAL REPORT FOR FOR THE YEAR OF 2024. VITUS FUNDING PROPOSAL FOR FISCAL YEAR 2025 TO 2026. WE ALSO HAVE INCLUDED A RECENT ECONOMIC IMPACT STUDY CONDUCTED BY UTRGV WHICH DEMONSTRATES A MEASURABLE RETURN ON THE INVESTMENT THAT GENERATES IN OUR REGION. THE STUDY FOUND THAT FOR EVERY DOLLAR INVESTED, VIDA RETURNED 1569 TO THE COMMUNITY THROUGH AN ECONOMIC OUTPUT, RESULTING IN A TOTAL IMPACT OF OVER 51.9 MILLION THROUGH INCREASED JOBS, INCOME TAX, TAXES, AND LOCAL PRODUCTIVITY. FOR THIS COMING FISCAL YEAR, WE RESPECTFULLY REQUEST A CONTINUED INVESTMENT OF 50,000 TO SUPPORT A MINIMUM OF 15 EDINBURG RESIDENTS IN THE COMING FISCAL YEAR. YOUR INVESTMENT WILL HELP ENSURE THAT MORE INDIVIDUALS ARE EQUIPPED WITH THE SKILLS AND CREDENTIALS NECESSARY TO MEET THE NEEDS OF OUR REGIONAL WORKFORCE AND BREAK THE CYCLE OF POVERTY. AND YES, SIR, LAST YEAR THERE WAS SOME QUESTIONS AND THERE WAS A REQUEST FOR REPORTS IN REGARDS TO THE TO THE LIST OF PARTICIPANTS FROM THE CITY OF EDINBURGH THAT HAD BEEN ASSISTED WITH THE SERVICES. AND IN YOUR PACKET, I BELIEVE YOU DO HAVE THAT LIST. CORRECT? VERY GOOD. DO YOU HAVE ANY QUESTIONS ON THE LIST? YES, SIR. I PARTICULARLY DON'T I LIKE THE REPORT THAT I'M SEEING, SO THAT'S GOOD. YEAH, IT'S A LOT BETTER. I DON'T KNOW IF THE BOARD. THANK YOU. QUESTIONS? I DO HAVE A QUICK QUESTION. SO WHAT I'M SEEING HERE IS THE GRADUATES WITH EMPLOYMENT THERE WERE THERE WERE 14 OF THEM FROM THE GRANT PERIOD OF TEN 1 TO 930, WHICH. SO THAT'S LIKE YOUR FISCAL YEAR RIGHT AT THE END OF THIS YEAR. YES. SO THIS IS WE HAVE A COUPLE LISTS IN THAT REPORT. WE HAVE GRADUATES WITH EMPLOYMENT, WHICH IS 14. RIGHT. AND SO MY QUESTION IS, IS THAT AN AVERAGE NUMBER PER YEAR. WHAT FOR THE FOR RESIDENTS IN THE CITY OF EDINBURGH. WHAT HAVE BEEN THE NUMBERS FOR YEARS PRIOR WITH. AND DO THEY STILL HAVE EMPLOYMENT. LIKE HOW DO YOU TRACK ALL OF THAT SUCCESS. RIGHT. SO WE HAVE OUR DATABASE APRICOT, WHICH EVERY APPLICANT THAT COMES INTO VIDA IS RECORDED. RIGHT. THE CITY WHERE THEY LIVE THE PROGRAM THAT THEY'RE, THAT THEY'RE BEING FUNDED THROUGH CASE NOTES THAT COUNSELORS INPUT AS THEY MEET WITH THEM ON A WEEKLY BASIS. AND, OF COURSE, WE MONITOR THEM, MONITOR THEIR PROGRESS THROUGHOUT THEIR PROGRAM. AND THEN, OF COURSE, UPON AS THEY GET CLOSE TO GRADUATION, WE PROVIDE EMPLOYMENT SERVICES SO THEY'RE ABLE TO ENTER THE WORKFORCE AND AND OF COURSE WE TRACK THEM IF THEY'RE EMPLOYED AND IF THEY'RE UNEMPLOYED, WHICH YOU WILL SEE BELOW THAT WE DO HAVE 12 THAT ARE SEEKING EMPLOYMENT. AND THE OTHER THING THAT WE DO IS WE TRACK OUR GRADUATES FOR UP TO THREE YEARS AND TO ASSURE THAT THEY HAVE SUCCESSFULLY ENTERED THE WORKFORCE. AND OF COURSE, WE'RE THERE TO CATCH THEM IF THEY HAVE NOT, IF THEY NEED ADDITIONAL SKILLS OR SERVICES. WE WANT TO MAKE SURE THAT WE ARE THERE TO PROVIDE THEM. I'D LIKE TO POINT OUT THAT WE PROBABLY ARE THE ONLY SOCIAL SERVICE WORKFORCE DEVELOPMENT ORGANIZATION THAT TRACKS OUR PARTICIPANTS FOR, FOR THAT DURATION, THREE YEARS. BUT BUT THAT DATABASE, APRICOT IS, IS WHAT ALLOWS US TO BE ABLE TO TRACK OUR STUDENTS THROUGHOUT THE DURATION OF THEIR PROGRAM AND THEN POST GRADUATION, GRADUATION UP TO THREE YEARS. THANK YOU. OKAY. ANYBODY ELSE HAVE ANY QUESTIONS? OKAY. WELL, BOARD, SINCE THIS IS A PART OF THE BUDGET, WE WILL TAKE ACTION AFTER DISCUSSIONS IN EXECUTIVE SESSION. FOR APPROVAL OF THE BUDGET. ONCE WE DO THAT, THEN WE'LL MAKE A DECISION. THERE ARE ITEMS IN THE BUDGET UNRELATED TO THIS THAT NEED TO BE DISCUSSED BEHIND CLOSED DOORS, BECAUSE THEY ARE STILL IN NEGOTIATIONS. SO WE WILL TAKE UP ITEM FIVE, E, F AND G AFTER ITEM SIX. OKAY. SO WE'LL MAKE A DECISION IN EXECUTIVE OKAY. THANK YOU SIR. THANK YOU. APPRECIATE THE REPORT. THE NEXT ITEM IS EXECUTIVE EXECUTIVE SESSION. WE HAVE SEVERAL PROJECTS IN EXECUTIVE SESSION. SO CAN I HAVE A MOTION TO ENTER INTO EXECUTIVE SESSION? SO MOVED. IS THERE A SECOND? SECOND? ALL THOSE IN FAVOR SIGNIFY BY RAISE YOUR RIGHT HAND. ALL THOSE OPPOSED THE MOTION. [6. EXECUTIVE SESSION] WE ARE ENTERING INTO EXECUTIVE SESSION AT 05:45 P.M.. THANK YOU. [01:58:13] OKAY. OKAY. WE ARE ENTERING INTO OPEN SESSION. [01:58:16] CAN I HAVE A MOTION TO ENTER INTO OPEN SESSION? [01:58:18] SO MOVED. SECOND. WE HAVE. [01:58:23] ALL RIGHT. WE GOT A FIRST AND SECOND. [01:58:25] ALL THOSE IN FAVOR SIGNIFY BY. [01:58:26] RAISE YOUR HAND. SAY AYE. [01:58:28] OKAY. FOR THE RECORD, THERE IS. [01:58:30] WELL, LET ME SEE. NOW WE'RE GOING TO GO TO ITEM 6A168768 TEN AND 68B. [01:58:39] CAN I GET A MOTION TO PROCEED AS DISCUSSED IN EXECUTIVE SESSION? [01:58:45] OKAY. SECOND, I HAVE AN EYE. [01:58:47] ALL THOSE IN FAVOR, RAISE YOUR RIGHT HAND. [01:58:49] ALL THOSE OPPOSED MOTION PASSES. [01:58:52] NOW WE'RE GOING TO GO BACK TO ITEM FIVE E DISCUSSING. [01:58:55] CONSIDER APPROVAL OF FUNDING REQUESTS SUBMITTED BY VALLEY INITIATIVE DEVELOPMENT [01:59:00] AND ADVANCEMENT VIDA FOR WORKFORCE DEVELOPMENT. [01:59:02] CAN I GET A MOTION TO APPROVE? [01:59:04] MOTION TO APPROVE STAFF'S RECOMMENDATIONS. [01:59:07] THE FIRST AND SECOND. ALL THOSE IN FAVOR SIGNIFY BY SAYING AYE OR RAISE YOUR RIGHT [01:59:11] HAND. ALL THOSE OPPOSED MOTION PASSES. [B. Presentation of year-to-date Financial Reports ending on July 31st] [01:59:14] NEXT ITEM IS FIVE F. CONSIDER APPROVAL FOR THE EDINBURG EDC. MISTER CHAIR. YES. CAN I INTERRUPT WHO IS THE SECOND ON THAT MOTION? WE HAD A SECOND. IT WAS. WE HAD. WE HAD GREG. THANK YOU. YES. MOTION PASSES. NEXT ITEM IS FIVE F. CONSIDER APPROVAL OF THE EDINBURG EDC FOR YEAR 2526. BUDGET AND PROGRAM OF WORK. CAN YOU TALK A LITTLE BIT ABOUT THIS, IF I MAY? I'M JUST GOING TO GO BRIEFLY THROUGH IT. [F. Consider approval of the Edinburg EDC FY 25-26 Budget and Program of Work.] IT'S BEEN IN YOUR PACKET. WE'VE DISCUSSED IT IN EXECUTIVE SESSION TO A CERTAIN EXTENT, BUT I WANTED TO MAKE SURE THAT FOR THE RECORD, WE WENT THROUGH THE THE BUDGET ON YOUR SCREEN AND UP ON THE SCREEN AND IN YOUR PACKET IS TWO COLUMNS ON THE LEFT IS OUR CURRENT YEAR FISCAL BUDGET. [02:00:02] AND THEN ON THE RIGHT IS THE NEXT YEAR'S PROPOSED BUDGET. OUR PROPOSED BUDGET ISN'T VERY DIFFERENT IN DOLLAR AMOUNTS FROM THE CURRENT YEAR BUDGET. WE'VE GOT AN INCREASE IN SALES TAX REVENUES FROM 9.8 MILLION TO 10.1. AND I'M ROUNDING WE'VE GOT SOME SALE OF PROPERTY OF $3 MILLION THAT WE'RE PROPOSING FOR NEXT YEAR. PAYMENT FROM THE CITY OF $350,000. THERE'S A TRANSFER IN RESERVES FROM SOME OF OUR MONIES FOR SOME OF THE PROJECTS THAT WE'LL TALK ABOUT IN A MINUTE OF $3.8 MILLION. AND THEN THE BOND PROJECTS. WE'VE GOT ABOUT $1.8 MILLION THAT'S GOING TO BE TRANSFERRED ALSO, SO THAT WE CAN TRY TO COMPLETE THE WORKFORCE RESOURCE CENTER. AS I'VE TALKED ABOUT IN THE PAST EARLIER TODAY THE SALES TAX REVENUES ARE THE WAY I APPROACH THE PROJECTIONS ON SALES TAX REVENUES IS ON A CONSERVATIVE BASIS. TYPICALLY WE'RE AT ABOUT TWO AND A HALF TO 3% GROWTH BECAUSE OF A AUDIT THAT WAS CONDUCTED LAST YEAR OR THIS PAST YEAR IN JUNE, THERE WAS A BIG PAYMENT THAT SKEWED THE NUMBERS JUST A TAD. THE CITY RECEIVED $2.8 MILLION IN ONE MONTH. THAT SHOULD HAVE BEEN SPREAD OUT OVER A ONE YEAR PERIOD FROM JUNE 2024 TO JUNE 2025. AND SO THAT'S THAT ONE PARTICULAR NUMBER. AND SO WHAT I'VE DONE IS KIND OF ADJUSTED FOR THAT NUMBER AND PROJECTED THE SALES TAX ACCORDINGLY. THAT GRAPH KIND OF SHOWS THAT THERE'S A DROP IN THE PROJECTED SALES TAX REVENUES FROM THIS YEAR TO NEXT YEAR. BUT WHEN YOU REALLY ACCOUNT FOR THAT ADJUSTMENT, IT REALLY ISN'T A DROP. IT'S STILL AN INCREASE OVER TIME. OUR PERSONNEL EXPENSES ARE LISTED IN THE NEXT SLIDE. THERE'S RIGHT NOW, CURRENTLY, WE HAVE A BUDGET OF ALMOST 900,000. WE HAVE THREE STAFF POSITIONS THAT ARE NOT FILLED. AND SO ONCE THOSE STAFF POSITIONS ARE FILLED THE SALARIES AND ASSOCIATED COSTS ARE GOING TO INCREASE THAT BUDGET LINE TO 1.1 MILLION. ON THE CONTRACTUAL SERVICES WE ACTUALLY ARE REDUCING THE CONTRACTUAL SERVICES AMOUNT JUST A BIT. A LOT OF IT HAS TO DO WITH THE WHAT WE'RE PAYING THE CITY INSTEAD OF PAYING THEM HALF $1 MILLION, WE'RE PAYING THEM $350,000 THIS NEXT YEAR. AND OUR PROFESSIONAL SERVICES. WE'RE ADJUSTING THAT A LITTLE BIT ON THE HIGH SIDE SO THAT WE CAN MAKE SURE THAT WE HAVE NOT JUST FOR OUR GROWTH, BUT CONTINUED HIRING OF CONSULTANTS SUCH AS ENGINEERS AND JUST MAKING SURE THAT OUR LEGAL TEAM IS COVERED FOR ALL THE DIFFERENT COSTS THAT ARE OUT THERE. SUPPLIES AND EQUIPMENT. WE'RE INCREASING THAT BUDGET LINE ITEM JUST SLIGHTLY FROM 373 373,200 TO 405,400, FOR A TOTAL OF ADMINISTRATIVE SERVICES OF 02,341,001 90 ON PROGRAMS, PROPERTIES AND PROJECTS. WE'VE GOT PROGRAMS THAT WE ARE PROPOSING OF 1.4 MILLION. WE'VE GOT PROPERTIES WHICH IS REALLY ACQUISITION OF PROPERTY MAINTENANCE OF SOME ADDITIONAL PROPERTIES AND INSURANCE TO COVER THOSE PROPERTIES OF ALMOST 5 MILLION 04,000,957 204. ON OUR PROJECTS, WE HAVE SET ASIDE $2.7 MILLION APPROXIMATELY FOR ECONOMIC DEVELOPMENT INCENTIVES. SOME OF THOSE ARE COMMITMENTS. SOME OF THEM ARE FUTURE COMMITMENTS. WE'VE ALSO SET ASIDE $3.2 MILLION FOR PROJECTS THAT MAY COME UP FOR THE CITY FOR A TOTAL OF TOTAL PROJECTS OF 5,932,500. ON THE NEXT THE BOND PROJECTS, WE'VE GOT $2 MILLION THAT WE HOPE TO EXPAND THIS FISCAL YEAR FOR THE PARKING GARAGE AND THEN 1,827,000 FOR THE WORKFORCE RESOURCE CENTER. AND THEN JUST SOME DETAIL ON THE INCENTIVES LINE. WE'VE GOT $120,000 SET ASIDE FOR THE COMMERCIAL RECRUITMENT PROGRAM. WE'VE GOT $1,440,000 SET ASIDE FOR INVESTMENT AND INFRASTRUCTURE GRANTS. THERE'S 122,500 SET ASIDE FOR JOB CREATION AND STARTUP GRANTS. $400,000 SET ASIDE FOR THE NEXT ROUND, WHICH WOULD BE THE THIRD ROUND OF PHILIP AND THEN $650,000 SET ASIDE FOR OTHERS. OUR BOND PAYMENTS FOR THE DIFFERENT DEBTS THAT WE HAVE IS ABOUT $2.7 MILLION THAT WE'VE SET ASIDE OUR TOTAL DISBURSEMENTS OF 19,000,196, 894, WHICH BALANCES OUT OUR REVENUES AND OUR TRANSFERS WITH OUR EXPENDITURES. [02:05:05] OUR CASH POSITION. THIS IS A DEFICIT BUDGET IN TERMS OF WE'RE USING SOME OF OUR RESERVES FROM OUR BONDS. AND SO WE ARE REDUCING OUR CASH POSITION BY ABOUT A MILLION AND A HALF OVER THE NEXT FISCAL YEAR. THAT'S ALL I'VE GOT IN TERMS OF THE BUDGET. I'M GOING TO GET INTO THE PROGRAM OF WORK UNLESS YOU ALL HAVE ANY QUESTIONS ON THE BUDGET. OKAY. DOES ANYBODY HAVE ANY QUESTIONS? NO. AND CAN I GET A MOTION TO APPROVE? SO MOVED. IS THERE A SECOND? SECOND. MOTION AND SECOND. ALL THOSE IN FAVOR SIGNIFY BY SAYING AYE. RAISE YOUR RIGHT HAND. ALL OPPOSED? MOTION PASSES. NEXT ITEM IS FIVE G. CONSIDER APPROVAL OF THE EDINBURG EDC FISCAL YEAR 2526 COMPENSATION PLAN. CAN YOU ELABORATE A LITTLE BIT? SURE. THE COMPENSATION PLAN IT'S ON YOUR SCREEN ALSO IS BASICALLY SOMETHING THAT HR ASKED US TO DO EVERY YEAR. IT DOESN'T DETERMINE WHAT THE SALARIES ARE FOR THOSE SPECIFIC INDIVIDUALS. IT JUST DETERMINES WHAT THE RANGES SHOULD BE FOR THE DIFFERENT POSITIONS. SO IT'S NOT ON AN INDIVIDUAL BASIS. IT'S ON POSITION BASIS. AND SO HR HAS ASKED US TO TO MAKE SURE THAT WE GO THROUGH THIS. THERE ARE SOME ADJUSTMENTS ON SOME OF THE POSITIONS INCREASING, SOME OF THE MINIMUMS TO ALLOCATE FOR THE CHANGES IN LEGISLATION THAT WOULD ALLOW FOR EXEMPTION STATUS FOR SOME OF THESE EMPLOYEES. OKAY. ALL RIGHT. CAN I GET A MOTION TO APPROVE? MOTION TO APPROVE. SECOND. SECOND. GREG, DID YOU SECOND. I SECOND. OKAY. OKAY. A MOTION AND A SECOND. ALL THOSE IN FAVOR SIGNIFY BY SAYING I. RAISE YOUR RIGHT HAND. ALL OPPOSED. MOTION PASSES. OKAY. THERE'S NO FURTHER BUSINESS. CAN I HAVE A MOTION TO ADJOURN? SO MOVED. MOTION AND SECOND. ALL IN FAVOR? ALL THOSE OPPOSED? SAME SIGN. MEETING ADJOURNED. ANYBODY WANT TO STICK AROUND? WITH US. OUR CONTRACTOR ADA BUILDERS. AND ALWAYS, ALWAYS SUPPORTING US. PRECINCT FOUR COMMISSIONER, MISS ELLIE TORRES. THANK YOU. AND IF WE HAVE ANY OTHER FORMER OR CURRENT ELECTED. * This transcript was compiled from uncorrected Closed Captioning.