MEDC reports $9.26 million operating cash after July; sales tax principal revenue
September 01, 2026 | Mansfield, Tarrant County, Texas
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At the Sept. 1 meeting, the Mansfield Economic Development Corporation reviewed its financial cash report for the period ending July 31, 2026. The chair read the opening figures: "the beginning cash balance was $8,470,500 on 07/01/2026," and the reported operating cash balance after revenues and expenses was $9,256,208.
Board members were invited to ask questions and none were raised during the presentation. Staff reiterated that the MEDC's main revenue stream is sales tax, with smaller contributions from utility sales tax, interest earnings and partner payments as noted in the report.
Board members were invited to ask questions and none were raised during the presentation. Staff reiterated that the MEDC's main revenue stream is sales tax, with smaller contributions from utility sales tax, interest earnings and partner payments as noted in the report.
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