FY 2026-27 Budget Workshop and Ethics Training – August 8, 2026

The City of Denton City Council convened a Budget Work Session on Saturday, August 8, 2026, at 8:30 a.m. in the Council Work Session Room. The workshop included training on the City's Ethics Ordinance and a detailed review of the Fiscal Year 2026-27 City Manager’s Proposed Budget, Capital Improvement Program, and Five-Year Financial Forecast. A closed meeting followed to discuss competitive and legal matters related to a power purchase agreement and appraisal district classification of data center taxes. No transcript or minutes of the open or closed sessions were provided for this summary; the following information is derived solely from the posted agenda.

Discussion Items

• Ethics Ordinance Training (Item ID 26-1162A) – Council received training and held discussion regarding Chapter 2, Article XI of the City of Denton Code of Ordinances (Ethics). The agenda allocated 30 minutes for this item.
• FY 2026-27 Proposed Budget, CIP, and Five-Year Financial Forecast (Item ID 26-0559B) – Council received a report, held discussion, and provided staff direction on the City Manager’s proposed budget, capital improvement program, and five-year financial forecast. The agenda allocated 5 hours for this item.

Closed Meeting

Following the work session, the Council convened a closed meeting under Texas Government Code Sections 551.086 (Public Power Utilities: Competitive Matters) and 551.071 (Consultation with Attorneys). Topics included:

• Receiving information on a Power Purchase Agreement between the City of Denton and Core Scientific, Inc., including proprietary and competitive data.
• Consultation regarding the appraisal district classification of data center ad valorem and business personal property taxes.

No votes or formal decisions were reported from the closed meeting, and no open session action was recorded.

Key Outcomes

• No formal actions or votes were taken during the work session; the items were for discussion and staff direction only.
• The closed meeting concluded with no public report of decisions; any final action would require a subsequent open meeting.
• No public comments were listed on the agenda or noted in available materials.