During a recent government meeting, officials presented a proposed budget highlighting significant financial challenges and allocations for the upcoming fiscal year. The general operating fund has seen a notable increase, exceeding budget by approximately $1.5 million, while the utility fund has also surpassed its budget by over $1 million. These overages have been largely attributed to rising inflation, with Texas ranking as the sixth highest state for inflation rates in the nation, according to the Federal Reserve Bank of Dallas.

The proposed budget allocates $445,000 for general fund capital needs but does not provide any funding for capital needs within the utility fund. Personnel funding will support the hiring of two police officers, one plan reviewer, and a permit technician.

For fiscal year 2025, the budget includes over $1.6 million in general operating funds for street maintenance, approximately $980,000 in dedicated street funds, and $500,000 earmarked for a state obligation related to the Highway 75 project, which has a total estimated cost of $3 million. Additionally, there remains $1.5 million in American Rescue Plan (ARP) funds designated for specific street projects, although these funds are noted as a one-time allocation.

The budget proposal is now open for approval, with officials available to address any questions from the community.