Title
Presentation regarding the Pflugerville Community Development Corporation (PCDC) FY25 Fourth Quarter Financial Reports.
Summary
Per PCDC bylaws, each quarter the Executive Director or designee shall present a financial update for the current fiscal year to the City Council at a regularly scheduled City Council meeting.
These Financial Reports are preliminary pending fiscal year-end closing entries.
Total actual revenue is 98% of budget at $11.9M. Sales tax revenue is 98% of budget.
Total actual expenditures is 50% of total budget, this amount can be attributed to capital project delays and economic incentives not met.
Prior Action
FY25 Q4 approved by the PCDC board on Nov. 19, 2025
Supporting Documents
FY25 Q4 Financial Report
Balance Sheet as of September 2025
Staff Recommendation
Presentation only