The Cedar Park Community Development Type B Corporation on March 10 approved a $250,000 amendment to its FY2026 budget to fund two parks projects: up to $100,000 for improvements at Veterans Park dog park and up to $150,000 for a Cedar Park Youth League assessment and renovation plan.
Bridal Solis of the Cedar Park finance department presented the amendment and its fiscal effects, saying, “Before you this evening, we have the first type of budget amendment of fiscal year 2026 for your consideration … this is for $250,000 for the parks projects before you, but not to exceed a $100,000 for a parks improvement project at Veterans Park Dog Park, and a $150,000 for Cedar Park Youth League assessment, and renovation plan.” She told the board the amendment is covered in part by a higher-than-budgeted beginning fund balance resulting from stronger 2025 sales tax collections and project savings.
President Johnson opened the floor for a motion; the record notes the motion as “Motion by Norris,” which was seconded by Michelle Robinson. The board voted in favor by voice; the chair announced the motion was approved.
The amendment reduces the available ending fund balance from the budgeted estimate (as shown in the staff slide) but staff said the higher beginning balance entering 2026 helps absorb the increase. Solis also told the board that some capital and transformational projects were funded up front during the quarter and that staff returns savings to the Type B fund on a quarterly basis when projects underrun.
Next steps: staff will execute the projects within the approved amounts and report on capital expenditures and any realized underruns during future quarterly updates.