SUBJECT: Ordinance approving the Fiscal Year 2026 Operating Budget for Reinvestment Zone Number Six, City of Houston, Texas (Eastside Zone).
RECOMMENDATION: Ordinance approving the Fiscal Year 2026 Operating Budget for Reinvestment Zone Number Six, City of Houston, Texas (Eastside Zone).
SPECIFIC EXPLANATION:
The Administration has undertaken a comprehensive review of the proposed FY26 TIRZ budget and recommends approval of the FY26 Operating Budget for Reinvestment Zone Number Six, City of Houston, Texas (Eastside Zone).
- Total Operating Budget for FY26 is $12,528,462 which includes $12,528,462 in fund transfers to HISD as defined in the Interlocal Agreement between the City of Houston, and Houston Independent School District, and the Eastside Zone
- Adjustments to the budget that exceed the lesser of $400,000 or 5% of Project Costs require City Council approval.
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Gwendolyn Tillotson-Bell
Chief Economic Development Officer