Feb 16, 2026 Community Services Corp. (Type B)

[00:00:03]

ALL RIGHT. WELL, I HAVE 4:30 AND THAT'S THE ANNOUNCED TIME FOR THIS MEETING OF THE BURLESON COMMUNITY SERVICE DEVELOPMENT CORPORATION.

[1. CALL TO ORDER]

FIRST ON OUR AGENDA IS CITIZEN APPEARANCES. IF THERE'S ANYONE IN THE AUDIENCE THAT WOULD LIKE TO ADDRESS THE BOARD.

I SEE NONE. SO WE'LL MOVE ON TO ITEM 3.A. WHICH IS TO CONSIDER AND TAKE POSSIBLE ACTION ON MINUTES FROM THE DECEMBER 15TH COMMUNITY SERVICES CORPORATION

[3.A. Consider and take possible action on the minutes from the December 15, 2025 Community Services Corporation (Type B) Board meeting. (Staff Contact: Monica Solko, Deputy City Secretary)]

IF YOU'VE HAD A MOMENT, I'LL TAKE A MOTION. I MOVE TO APPROVE.

I SECOND. OKAY. HAVE A MOTION BY VICTORIA, SECOND BY CHRIS TO APPROVE.

ALL THOSE IN FAVOR? ALL RIGHT. MOTION PASSES BY UNANIMOUS VOTE.

[3.B. Consider and take possible action on a resolution amending the corporation’s operating budget (Resolution4B081825AnnualBudget) for Fiscal year 2025-2026 by increasing the revenues by $1,492,975 and the appropriations in the amount of $373,778. (Staff Contact: Kevin Hennessey, Deputy Director of Finance)]

THIS WILL BE PRESENTED BY KEVIN HENNESSEY, OUR DEPUTY DIRECTOR OF FINANCE.

GOOD AFTERNOON, SIR. GOOD AFTERNOON. THANK YOU FOR BEING HERE THIS EVENING.

WE LOOK FORWARD TO DISCUSSING THIS WITH YOU. SO WE HAVE A PROPOSED BUDGET AMENDMENT FOR THE 4B RELATED FUNDS.

SO THE TWO THAT ARE IMPACTED IS THE CHISENHALL SPORTS COMPLEX FUND, AS WELL AS THE 4B PROPER FUND.

AND THIS IS THE TABLE OF HOW THOSE NUMBERS THAT WERE READ OUT BREAK OUT AMONG THE TWO FUNDS.

SO THIS WAS PROVIDED TO US BY SFC. JEN PRESENTED IT RECENTLY TO COUNCIL.

SO THEY PERFORM A TABLE WAS WHAT THE INITIAL BUDGET WAS SET OUT WHEN THE ENGAGEMENT WAS ENTERED INTO.

THE YEAR ONE BUDGET IS THEIR NEW PROPOSED COLUMN.

AND YOU CAN SEE, THE REVENUES ARE INCREASING, SO ARE COST OF GOODS.

BUT THAT BOTTOM ROW, THE EBIDTA, THAT'S KIND OF THE NET GAIN.

SO THE REVENUES ARE INCREASING IN THEIR PROPOSAL HERE BY $107,285.

SO THEY HAVE THEIR EXPENDITURES BROKEN OUT INTO TWO ROWS, COST OF GOODS SOLD AND THEN TOTAL OPERATING EXPENDITURES.

SO WHAT THAT LOOKS LIKE, THOSE TWO CATEGORIES BREAK UP INTO THESE FOUR KIND OF LARGER CATEGORIES FROM SFC.

THIS IS HOW IT BREAKS OUT. AND THEN THIS IS WHAT IT LOOKS LIKE ON OUR GENERAL LEDGER.

SO NORMALLY IT'S BEEN OUR PRACTICE WHEN WE DO BUDGET AMENDMENTS TO ONLY DO EXPENDITURES.

BUT THIS IS A QUITE NOTICEABLE REVENUE SOURCE.

AND SO FOR POSTERITY WE WANTED TO GET THIS IN OUR SYSTEM SO THAT WHEN WE LOOK BACK IN TIME, WE SEE THE REVENUES AND EXPENDITURES FOR THIS BRAND NEW FUND.

SO WE'RE ADDING EVERYTHING, ALL THE REVENUES THAT THEY'RE PROPOSING.

AND THEN THE PROPOSED EXPENDITURE IS THE NET DIFFERENCE BETWEEN OCTOBER AND THEIR NEW INFORMATION TODAY.

SO THE 4B FUND. SO THE 4BFUND HAS TWO ITEMS. THE BOTTOM ONE IS RELATED DIRECTLY TO WHAT WE JUST TALKED ABOUT, THAT $107,285 THAT THE REVENUES ARE EXCEEDING OVER THE EXPENDITURES.

WHAT THAT DOES FOR US IS IT REDUCES THE NEED FOR THE 4B TO SUBSIDIZE THAT FUND.

SO WE'RE REDUCING THE TRANSFER BY THAT AMOUNT.

AND THEN THE OTHER ITEM IS THE EXPANDED 4TH OF JULY EVENT THAT WE HAD IN OUR BUDGET.

AFTER THE BUDGET WAS ADOPTED, WE DID AN ANALYSIS OF THE HOTEL MOTEL FUND AND WHAT EXPENDITURES ARE MOST APPROPRIATE IN THERE.

AND IT WAS DECIDED AS A RESULT OF THAT THAT WE SHOULD MOVE THIS EXPENDITURE TO THE 4B FUND.

AND SO THIS IS REQUESTING THAT. AND SO THE NET DIFFERENCE IS A -$32,000 TO THE 4B FUND.

SO THOSE TWO COMBINED, WE MOVED TO APPROVE A RESOLUTION REQUESTING THE MID-YEAR BUDGET AMENDMENT TO INCREASE REVENUES BY THE $1,492,975 AND APPROPRIATIONS IN THE AMOUNT OF $373,778 IN THOSE TWO FUNDS THAT WE DISCUSSED THIS EVENING.

I'D BE GLAD TO STAND FOR ANY QUESTIONS. QUESTIONS, MEMBERS? I DON'T KNOW WHY I'M SURPRISED WHEN SOMETHING GOOD HAPPENS.

YOU KNOW, WE HADN'T DARED TO BE AS OPTIMISTIC AS TO SAY THAT THIS THING MIGHT GET ITS HEAD ABOVE WATER, LET ALONE IN THE VERY FIRST CYCLE. SO IF I'M READING IT RIGHT, WHAT WAS ANTICIPATED TO BE UNDER THE PROFORMA

[00:05:07]

AM I READING THIS RIGHT? IT'S OKAY TO SAY GOOD, YOU KNOW? WE'RE GOING TO DO $107,000 BETTER THAN WHAT WE ORIGINALLY ANTICIPATED IN THE PROFORMA.

OKAY, I'LL TAKE THAT. I HAVE A QUESTION, THOUGH.

WHY ARE WE DOING IT MID-YEAR? WHY NOT WAIT AND, LIKE, SHORE UP EVERYTHING TOWARD THE END OF THE BUDGET CYCLE IF IT'S FOR THE POSITIVE? WOULDN'T WE WANT TO JUST ENSURE THAT EVERYTHING CONTINUES TO GO AS SMOOTH? I MEAN, LIKE, I'D MUCH RATHER HAVE GOOD NEWS, BUT STILL, INSTEAD OF IT.

I MEAN, SINCE IT'S IN THE POSITIVE, I JUST DON'T.

OR I WANT TO BETTER UNDERSTAND WHY WE WOULD SHORE UP A POSITIVE BEFORE THE END OF THE YEAR.

SO, YOU'RE RIGHT, THE NET IS IN THE POSITIVE.

HOWEVER, THEY DO NEED MORE IN EXPENDITURE APPROPRIATIONS TO BE ABLE TO ACHIEVE THE INCREASE IN REVENUE.

SO THE ABILITY TO HAVE MORE GOODS ON SITE TO BE ABLE TO SELL IS.

OKAY. THAT MAKES SENSE. THERE'S MORE PART TIME HOURS AS A RESULT OF INCREASED FOOD AND BEVERAGE ACTIVITY.

SO AS A RESULT, WE HAVE TO HAVE ADDITIONAL STAFFING IN ORDER TO ACCOUNT FOR THAT.

IT'S VERY SIMILAR TO WHAT WE DO WITH THE GOLF COURSE AND THE GOLF COURSES.

IF THE GOLF COURSE IS DOING WELL WITH SELLING FOOD OR SELLING MERCHANDISE, WE HAVE TO COME BACK BECAUSE WE NEED MORE APPROPRIATIONS TO BUY MORE.

BUY MORE. SO WE CAN SELL MORE. AND IN THIS CASE, WE'RE NEEDING ADDITIONAL STAFF TO SUPPORT HOW MANY TOURNAMENTS THEY'RE GOING TO HAVE. SO WE HAVE TO COME BACK IN THE MID YEAR BECAUSE WE DON'T HAVE THE APPROPRIATIONS FOR ME TO BE ABLE TO ACTUALLY SPEND THAT MONEY. PERFECT. THAT'S WHAT I NEEDED TO HEAR. THANK YOU. ALL RIGHT. EXCELLENT. ANYBODY WANT TO MAKE A MOTION? I MOVE TO APPROVE THE RESOLUTION. OPEN THE BAT PHONE THERE.

ALL RIGHT. MOTION BY VICTORIA. DO I GET A SECOND? SECOND. SECOND BY CHRIS TO APPROVE THE BUDGET AMENDMENT.

ALL THOSE IN FAVOR? MOTION PASSES WITH THE UNANIMOUS VOTE.

NEXT ITEM IS ITEM 4. THE BOARD REQUESTS FOR FUTURE AGENDA ITEMS. HAVE WE ANY BOARD MEMBERS? I SEE NONE. DO WE HAVE A NEED FOR EXECUTIVE SESSION? WE DO NOT. SO WE WILL ADJOURN THE MEETING AT 4:37.

THANK YOU, KEVIN. I APPRECIATE IT. SORRY.

* This transcript was compiled from uncorrected Closed Captioning.