Speaker numbers apply only to this recording. Names come from transcript evidence. “Possibly” marks uncertain attribution.
The New Braunfels Economic Development Corporation (NBEDC) held its regular meeting on Thursday, August 13, 2026, at 5:02 PM in City Hall Council Chambers. President Shane Hines presided. Present directors: Hines, Tera Thompson, Cory Elrod, and Larry Hammonds; absent: Kristen Carden, Don Austin, and Atanacio Campos. The meeting included a Treasurer's Report, adoption of the FY 2026-2027 budget, approval of an annual services contract with the City, discussion of a proposed acquisition of 6.7 acres on Gruene Road, a Quarterly Advisory Report from the Chamber, and an Executive Session on five confidential economic development projects. The meeting adjourned at 6:50 PM.
Okay, we will call to order City of New Brothel's economic development corporation meeting on Thursday, August 13th, 5 p.m. Mr. Packer, will you call roll today? Yes, I will. Director Hammonds. Director Thompson. Here. Director Elrod. Here. President Hines here. Approval minutes. We have the uh minutes of the June 18th, 22th regular meeting. I'll entertain a motion. A second. I have a motion from Director Thompson and a director motion a second from Director Elrod. All those in favor? Aye. Aye. Aye. All those opposed. Minutes pass unanimously. Citizens Communication. This is a time for citizens, citizens to address the board on the issues and items of concerns not on this agenda. There will be no board action at this time. Yes, ma'am. So citizens communication. This is time for citizens to address the board on issues and items of concerns not on this agenda. There will be no board action at this time. Seeing none, we will move on. Treasurer's report. Mr. Werner. Thank you, President Hines, members of the board, uh, those in attendance. Uh, starting with the treasurer's report for the month of August. Uh the latest sales tax information as you as you can see from the graph. Uh the last month that we are reflecting here is the month of May. Um overall, saw an 18.7% increase, but as we've been reporting all fiscal year, that's only part of the story. As we know, we've been onboarding uh the HD supply sales taxes once again as that partnership revived in in November of uh 2025. So we like to reflect on your treasure's report kind of the gross collections as well as the net. So while the gross um uh collections were 18.7 percent, when you remove HC supply from that, that's 1.6. And then as a reminder, in the monthly payment that we receive each month from the comproller, there's a variety of adjustments for prior collections, current collections, and the audit collections. So we like to show the net because sometimes that can be a little bit of a a variance, and so that's why um you have a second set of figures there. That was that was still 18.7 percent, but then 1.4 percent uh without H supply. So still showing some net growth uh for the month of May. Again, as we do every single month, we updated your revenue projections through um uh fiscal year 30.