[Board and Liaison Updates *A Portion of this Video Contains No Audio* City of McKinney Chamber of Commerce Community Development Corporation Visit McKinney MEDC Committee Updates Board Chairman]
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GOOD MORNING. MR CHAIRMAN, MEMBERS OF THE BOARD, MR PRESIDENT, AND I DO CONGRATULATE
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AND WELCOME MR KOWSKI TO NBC HAVE HAD THE PLEASURE OF WORKING WITH HIM THROUGH THE RELATIONSHIP BETWEEN CDC AND THE PARKS DEPARTMENT FOR A NUMBER OF YEARS. SO LOOK FORWARD TO CONTINUING THAT. I JUST HAVE SEVERAL THINGS I WANTED TO SHARE ATTACHED TO THE AGENDA THIS[00:10:01]
MONTH WAS A RECAP. OF THE PROJECTS THAT CDC HAS FUNDED OVER THE PAST TWO YEARS AND WE'VE REPORTED AND. TO SHOW THE ALIGNMENT WITH THE STRATEGIC PRIORITIES THAT THE BOARD ESTABLISHED. SO PLEASE TAKE A LOOK AT THAT. WE'VE GOT WE'RE ABOUT TO LAUNCH INTO OUR FIRST GRAND CYCLES. PROMOTIONAL GRANT APPLICATIONS WILL BE ACCEPTED NOVEMBER 1 THROUGH 30, THEN PROJECT GRANTS RIGHT AFTER THAT, IN DECEMBER, BEGINNING DECEMBER, 1 UM. THE OTHER THING THAT I MENTIONED EVERY YEAR. CDC AWARDS QUALITY OF LIFE AWARDS TO AN INDIVIDUAL AND AN ORGANIZATION OF THE CHAMBERS COMMUNITY AWARDS EVENT IN FEBRUARY, WILL BE SENDING OUT INFORMATION ABOUT THAT AWARD AND NOMINATION FORM AND NOVEMBER, SO PLEASE KEEP AN EYE OUT FOR THAT. AND WITH THAT, I'M HAPPY TO STAND FOR ANY QUESTIONS. QUESTIONS. IT WOULDN'T BE A MEETING WITHOUT A TOPS. UPDATE. WORKING ON A TCO. WE THOUGHT THAT THEY WOULD SUBMIT AT THE END OF LAST WEEK.EXPECT THAT THAT WILL HAPPEN THIS WEEK OR NEXT WEEK AND ARE LOOKING AT, UM COMPLETION OF THAT PROJECT BY THE END OF THIS YEAR. FANTASTIC IT LOOKS GREAT. IF YOU HAVEN'T HAD A CHANCE TO GO BY, PLEASE DO. WE'VE GOT SOME GREAT PHOTOS. I SHOULD HAVE ATTACHED ONE TO THE AGENDA THAT WERE TAKEN FIRST THING IN THE MORNING, SO WITH SAND COMING UP IN THE LIGHTS ON THE PROPERTIES, IT LOOKS REALLY, REALLY GREAT. SO EVERYBODY'S LOOKING FORWARD TO THAT OPENING. YES, THANK YOU.
THANK YOU. VISIT MCKINNEY MORNING. GOOD MORNING. ALICIA HAMBURG. I'M FILLING IN FOR ERIN WARNER. TODAY HE'S OUT OF TOWN AT A CONFERENCE. I BELIEVE HE ATTACHED OUR REPORT FOR YOU GUYS . AND THEN I JUST HAVE A COUPLE OF QUICK UPDATES. WE HAVE OUR PROMOTIONAL GRANT PROCESS THAT'S GOING TO BE OPENING WITHIN THE NEXT MONTH. AND THEN OUR BOARD WILL BE REVIEWING THOSE APPLICATIONS. WE'VE MET WITH THE DIVISION TO FOOTBALL OUR INTERNAL COMMITTEE TO START PLANNING FOR THE EVENT THAT'S GOING TO BE HERE IN DECEMBER. AND THEN, UM, THE VISIT MCKINNEY TEAM IS ALSO WORKING WITH TEXTILES THEY'RE BRINGING IN THEIR FALSE STUDY TOUR, WHICH CONSISTS OF SOME TEXAS TRAVEL INFORMATION CENTER MEMBERS. TEXAS HIGHWAY MAGAZINE'S EDITORIAL STAFF PHOTOGRAPHERS. AS WELL AS THE TEXAS PARKS AND WILDLIFE AND TEXAS TEXAS TRAVEL INFORMATION DIVISION. THEY'LL BE HERE ABOUT 30 OF THEM, AND WE'LL BE TAKING THEM AROUND MCKINNEY SO THAT THEY ARE ABLE TO BE HERE AND BE ABLE TO SHARE THE INFORMATION AS IF THEY WERE A VISITOR THEMSELVES WITH ALL THE PEOPLE THAT THEY WORK WITHIN THEIR ORGANIZATIONS SO EXCITED ABOUT THAT THAT'S AT THE END OF THIS MONTH. AND I'LL STAND FOR ANY QUESTIONS. QUESTIONS. THANK YOU. THANK YOU. ALRIGHT IMMEDIACY COMMITTEE UPDATES GOVERNANCE DID WE DID NOT MEET.
WHAT ABOUT FINANCE? BRING THE ARMY AH! MARKETING WE MET. MHM WE SPENT SOME TIME TALKING ABOUT CURRENT EVENTS AND UM, ALSO STARTED THE DISCUSSION AROUND UPDATING THE WEBSITE. SO SOME CHANGES COMING. SO STAND BY FOR THAT. REAL ESTATE. YES WE MET. WE HAVE A COUPLE OF ITEMS TODAY IN OUR EXECUTIVE SESSION OVER THE GAS INNOVATION. WE HAD A FOLLOW ON WITH THE PROJECT ROCKET AND WELL. LIKE THAT TODAY. PERFECT. RIGHT BOARD CHAIRMAN COMMENTS. I JUST HAVE A COUPLE WE WANT TO WELCOME MIKE TO THE DIET. I'M LOOKING FORWARD. THE BOARD IS LOOKING FORWARD TO WORKING WITH YOU. I KNOW THAT YOU HAVE THE MEETING WITH THE BOARD MEMBERS TO JUST KIND OF HAVE SOME. INTRODUCTORY MEETINGS TO WITH US AND ONE OF THE THINGS THAT AND KIND OF FOLLOWING UP PAUL WITH I DON'T KNOW ABOUT THIS FIRST MEETING, BUT ONE OF THE THINGS THAT I HAVE DISCUSSED WITH PRESIDENT KOWSKI IS. I THINK IT WOULD BE GOOD TO FOR US TO HAVE AT SOME POINT BEFORE THEY DON'T KNOW BEFORE THE END OF THE YEAR, BUT HAVE IT MAYBE A TWO HOUR STRATEGIC PLANNING MEETING AS A BOARD. ROLL IT TO JUST. ECONOMIC DEVELOPMENT AS A WHOLE IN THE CITY MCKINNEY BECAUSE OBVIOUSLY WE HAVE 1 21 CORRIDOR WE HAVE EAST USED TO FIVE EAST OF 75, NORTH OF 3, 80 A LOT OF DIFFERENT AREAS THAT I KNOW THAT THE CITY HAS PLANS RELATIVE TO YOUR 2040 PLAN, AND THEN WE OBVIOUSLY ARE. SPECIFIC PROJECTS, AND I THINK THE GOOD IF WE COULD GET SOME INPUT FROM THE COUNCIL AS WE GO ALONG TO MAKE SURE WE'RE ALL ALIGNED ON THAT. UM AND THEN THE OTHER THING, I WOULD I WANTED TO MENTION DAY AS FAR AS SUBCOMMITTEE APPOINTMENTS WE HAD TO REAPPOINT THOSE EVERY YEAR. UM FOR THE MOST PERTINENT SEE
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THAT THERE WOULD BE A LOT OF CHANGE, BUT I THINK IN TALKING WITH MIKE, MAYBE THE THING TO DO WOULD BE IS AS HE'S GETTING. INTO HIS JOB. IF YOU ALL COULD EMAIL HIM AND ME AS TO PREFERENCES IN THE EVENT THAT ANY OF YOU WANTED TO CHANGED TO A DIFFERENT COMMITTEE. AND THEN WE CAN HAVE A CONVERSATION ON THE NEXT NEXT MONTH'S MEETING. GO AHEAD AND THE VOTE ON THAT SO THAT MR HAUSER CAN WE'RE FOLLOWING PROTOCOL. BUT AS OF RIGHT NOW I WE HAVE TO KIND OF UNTIL THEN, MATT AS FAR AS WHAT COMMUNITIES WOULD THAT BE A GOOD FIT FOR YOU ALL? AND WE DID CONFIRM THAT UNTIL YOU CAN BE ON A COMMITTEE AND YOU CAN ATTEND. EXECUTIVE SESSION EVEN IF MATT'S HERE. WE'RE NOT SURE IF IT'S GOING TO GET TO ATTEND ANY OF IT. UH YEAH. YEAH COULD BE THE SHORTEST TENURE EVER ON THE BOARD. ANYWAY, THAT'S ALL I HAD. I WANTED TO JUST BRING UP THOSE TWO ITEMS AS WE MOVE FORWARD INTO THE NEXT COUPLE OF QUARTERS. UM FROM FROM PLANNING STANDPOINT. AND WITH THAT WE WILL GO ON TO THE CONSIDER DISCUSSING BDC MONTHLY REPORTS.[Consider/Discuss MEDC Monthly Reports]
KOWSKI. THANK YOU, MR CHAIRMAN. THANK YOU. BOARD FIRST AND FOREMOST, I SAY THANK YOU TO EVERYBODY. FOR THE OUTPOURING OF SUPPORT HAS BEEN INCREDIBLE. I'VE BEEN ON THE TEAM FOR TWO WEEKS NOW. IT FEELS LIKE I'M ALREADY PART OF THE FAMILY, SO I REALLY APPRECIATE THAT. SPECIAL THINGS TO MELANIE AND DINA, FOR OTHER HELP GIVING ME THE SPEED. AND A SPECIAL SET UP CHANNEL TO MICHAEL TALLY FOR BEING A GREAT PARTNER. HELPING ME CAN LEARN THE ROPES AND WHAT'S GOING ON IN OUR ORGANIZATION. THE ORGAN REPORT IS PRETTY SELF EXPLANATORY WHAT WE'VE BEEN DOING AND SO I WON'T GO INTO MUCH DETAIL. MR TELLY CAN FILM SOME PLANKS AS NECESSARY TO CALL OUT A COUPLE OF THINGS FIRST AND FOREMOST. EMILY IS HERE. EMILY ATTENDED A GREAT CONFERENCE RECENTLY AND FESTIVALS AND SPECIAL EVENTS. AT THAT EVENT, SHE WAS AWARDED HER CERTIFICATE AND FESTIVAL AND EVENT EXECUTIVE. MEANING THAT SHE IS ONE OF LESS THAN 500 PEOPLE IN THE WORLD WHO HAVE THIS DESIGNATION, SO KUDOS TO YOU TOOK FIVE YEARS TO GET IT SO AWESOME COMPUTERS. UM ASIDE FROM THAT, PLEASE BE TO LOOK OUT FOR EVENTS THAT WE HAVE COMING UP.CHECK YOUR CALENDARS. PLEASE JOIN US WITH THAT'S GREAT TO HAVE A WHOLE ARMY OF DC AND CITY FOLKS THERE, REPRESENTING ALL THE GREAT STUFF THAT WE'RE DOING. I'M WITH THAT MR. TALLY OUR SENIOR VICE PRESIDENT COME UP AND FILL IN THE BLANKS. THANK YOU. THANK YOU, PRESIDENT. GOT TO KEEP US THERE WE GO. JUST ONE QUICK CORRECTION. I DO LIKE TO GO THROUGH THESE TO MAKE SURE THE PROJECT PIPELINE IN THE REPORT IS 35 AND 35 IS CORRECT, SO THIS SHOULD BE 35 YEAR.
THAT'S ABOUT $2.4 BILLION IN AN ACTIVE PROJECT PIPELINE. WE ALSO HAVE THE INNOVATION FUND. YOU SEE, THE APPLICATIONS REALLY BUMPED UP IN SEPTEMBER. THAT'S ONE OF THE REASONS BECAUSE OF DALLAS STARTUP WEEK. 14 APPLICATIONS JUST IN THE MOTHER'S SEPTEMBER, PROBABLY PROBABLY MAKING THE TEAM PROBABLY WENT THROUGH. I WOULD SAY THREE OR FOUR TIMES THAT AS FAR AS POSSIBLE APPLICANTS. WE HAVE CAROLINE CAUSEY EDIT SITE SELECTORS GUILD THIS WEEK REPRESENTING THE TEAM. WE HAVE MIKE AT THE BASIC COURSE THIS WEEK HERE IN MCKINNEY BY TDC AND HE'LL BE OVER FOR PRESENTATION ON PROJECT ROCKET. AND THEN WE'LL HAVE REPRESENTATION ON FOR THE INNOVATION FUND HERE NEXT WEEK ADVENTURE DALLAS, WHICH THEY JUST ANNOUNCED SOME OF THEIR SPEAKERS NEXT FOR THE PROGRAM NEXT WEEK, AND THEN IN NOVEMBER, AUSTIN STARTUP WEEK WHICH WILL HAVE REPRESENTATION FOR THE TEAM, WITH WITH MIKE DOWN IN AUSTIN. STAND FOR ANY QUESTIONS AS FAR AS THE PROJECT PIPELINE. QUESTIONS. ALL RIGHT. THANK YOU. MARKETING YEAH, LUKE WILL COME UP NOW AND SPEAK ABOUT OUR MARKETING PROCESS. MORNING MR CHAIRMAN, MR PRESIDENT, MEMBERS OF THE BOARD, MAJAR MARKETING AND SOCIAL MEDIA MANAGER FOR THE CDC AND WANT TO JUST PROVIDE SOME HIGHLIGHTS AT THE MARKETING REPORT. IT'S ALL THERE IN THE ORDER REPORT AS WELL. IF YOU WANT TO LOOK AT DETAILS, BUT AS I WAS GOING THROUGH THE DATA A FEW THINGS KIND OF JUMPED OUT AT ME THIS MONTH THAT I WANTED TO POINT OUT YOU COULD SEE OUR FOLLOWER COUNSELOR STEADILY GROWING, BUT SOMETHING THAT JUMPED OUT AT ME IN OUR WEBSITE DATA THERE ON THE LEFT PANEL. YOU CAN SEE THE SESSIONS BY CITY VISITED. WE HAVE DALLAS MCKINNEY AND THEN LOS ANGELES, CHICAGO, NEW YORK, FRISCO, SAN ANTONIO, PLANO. MOSES LAKE IS ACTUALLY IN WASHINGTON STATE, WHICH I DIDN'T REALIZE. SO UM, WHAT'S INTERESTING IS THAT, UM THE
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STUDY WAS DONE. MAY OF 2021 OF TOP LOCATIONS. ONE WAY RENTAL TRUCKS WERE COMING FROM FOR MOVES. SO ONE WAY RELOCATIONS OUT. THOSE ARE THE LIST OF THE TOP PLACES PEOPLE ARE LEAVING.NEW YORK CHICAGO WASHINGTON, BOSTON L, A SAN FRANCISCO AND SO YOU SEE THE LIST THERE AND SO WE HAVE BEEN RUNNING SOME TARGETED ADS TO THOSE PLACES RIGHT? SO THAT PROVIDES SOME DATA TO KNOW.
OH WHERE ARE PEOPLE LEAVING? OKAY LET'S TARGET THOSE PEOPLE. LET THEM KNOW MCKINNEY IS A GREAT PLACE TO LAND, RIGHT? UM AND SO IT'S INTERESTING TO SEE THE WEBSITE DATA. VISITOR TRAFFIC REFLECTED IN THAT SAME LIST. UM AND SO ALL THAT TO SAY THE STORY AND THE DATA TELLS THE FACT THAT SOME OF OUR ADS ARE WORKING, AND THOSE CAMPAIGNS ARE GETTING PEOPLE FROM THOSE LOCATIONS TO VISIT OUR WEBSITE WHEN THEY'RE LOOKING TO RELOCATE. THEY ARE LOOKING AT MCKINNEY FOR A MYRIAD OF REASONS, SO JUST AN INTERESTING HIGHLIGHT. UM AND THEN YOU CAN SEE BELOW THERE AS WELL. THE GOOGLE SEARCH. A LOT OF VIEWS ARE HAPPENING THROUGH GOOGLE SEARCH PEOPLE ARE FINDING US THROUGH GOOGLE SEARCH AND SO THAT'S A COOL METRIC AS WELL.
AND THEN YOU CAN SEE THE YOUTUBE SNAPSHOT DOWN THERE. WE'RE GETTING, UH GOOD VIEWS ON YOUTUBE THROUGH OUR MCKINNEY MOMENTUM PODCAST THAT'S GAINING SOME TRACTION AGAIN. JUST BUILDING SLOWLY. WE'RE ON EPISODE 12 NOW AND SO THAT'S BEEN A GREAT PIECE OF MARKETING COLLATERAL AS WELL. AND THEN, FINALLY IN THE TOP RIGHT CORNER THERE. THE SCALP REVIEW CAMPAIGN . THERE'S AN INITIATIVE THAT WE ARE WORKING WITH A COMPANY CALLED SCOUT. THEY PROVIDE SITE SELECTION DATA FOR SMALLER COMPANIES WHO MAYBE DON'T WORK WITH THE SITE SELECTOR, BUT THEY PROVIDE A PLATFORM TO HAVE REVIEWS FOR CITIES. THINK OF LIKE A YELP. BUT INSTEAD OF IT, REVIEWING SHOPS AND RESTAURANTS REVIEWING ENTIRE CITIES, AND SO WE ARE PARTNERED WITH THAT PLATFORM TO GAME REVIEWS FROM BUSINESS OWNERS ABOUT WHAT IT'S LIKE TO DO BUSINESS IN MCKINNEY, WHAT IT'S LIKE TO RUN A COMPANY IN MCKINNEY. WHAT IT'S LIKE TO LIVE WORK AND PLAY LIKE IN MCKINNEY. AND SO REVIEWS HAVE STARTED POURING IN FROM THAT, AND YOU'RE GOING TO START SEEING SOME CONTENT IN REGARDS TO THAT. SO AGAIN, MORE DATA AND ANALYTICS ARE IN YOUR BOARD REPORT. IF YOU LIKE THE NUMBERS, OTHERWISE I WILL HAPPILY STAND FOR ANY QUESTIONS. SO. SO, LOOK, I THINK THE EFFORT ON TARGETING HIGH COST CITIES. UM. IT'S NICE TO SEE A MARKETING EFFORT THAT'S GOT SPECIFIC GOALS AND DURING THE ACTIVITY, AND I THINK THE OPPORTUNITY TO MOVE PEOPLE TO MCKINNEY FROM THOSE PLACES IS VERY HIGH. SO THANK YOU FOR DOING IT. YEAH I APPRECIATE THAT. I WAS AT A CONFERENCE IN L A LAST WEEK, TELLING THEM WHAT I DO AND TALKING TO PEOPLE AT THE CONFERENCE, AND I SAID, I WORK IN MARKETING FOR THE CITY MCKINNEY, THE ECONOMIC DEVELOPMENT CORPORATION, HE SAID. THEY NEED HELP WITH THAT. IT FEELS LIKE EVERYBODY MCKINNEY EVERYBODY'S MOVING TO MCKINNEY ANYWAY, RIGHT, SO, LIKE, GOOD POINT, BUT YOU'RE RIGHT TO JUST GET OUR NAME IN THE HAT WHEN PEOPLE ARE LOOKING TO RELOCATE FROM HIGH COST HIGH CRIME AREAS.
IT'S A GOOD THING TO HAVE SO GREAT JOB. LINCOLN NEBRASKA, WHERE THEIR FOOTBALL TEAM IS NOT VERY GOOD. OH NO COMMENT. OH, YEAH. LITTLE ANNOYED THAT GOOD THEY WON LAST WEEK. VEGAS MARYLAND. YES THEY DID. THAT'S COOL THING. YEAH, EXACTLY. YEAH. AND WE'LL SEE WHERE MICHIGAN IS AT THE END OF THE YEAR MIGHT BE AT THE TOP. BUT ANYWAYS, GO AHEAD. YEAH SOMEHOW I THINK THE FULL FLAT WILL BE THERE. ALRIGHT? WELCOME TO BIG 10 COUNTRY, OKAY? NEXT WE HAVE
[Consider/Discuss/Act on the August 2023 Financials]
FINANCIALS 25 0851. GOOD MORNING CHANCE. MILLER COUNTY MANAGER AHEAD AND START WITH THE INCOME STATEMENT. WE'RE GOING BACK IN TIME A LITTLE BIT. THIS IS OUR 11TH MONTH OF OUR FISCAL YEAR.IT'S AUGUST. AND UM, WE HAD A FAIRLY ACTIVE MONTH. WE'RE LOOKING AT REVENUES WE HAD ABOUT $2.2 MILLION. UM, AND EXPENSES. WE HAD OPERATIONAL COSTS OF 260,000. AND WE HAD A BUSY MONTH OF PAYING OUT A LOT OF PROJECTS, WHICH TOTALED ABOUT $1.25 MILLION. AND THE LAST THING WAS NON DEPARTMENTAL EXPENSES. THOSE ARE ROUTINE EXPENSES, WHICH TOTAL 240,000 SO TOTAL EXPENSES FOR THE MONTH OF AUGUST WAS 1.8 MILLION. UM YOU HAD A NET INCREASE OF CLOSE TO 460,000 GOING INTO FUND BALANCE. ALRIGHT, LET'S LOOK AT SALES TAX. ALRIGHT, SO. THE SELL SOCKS WE COLLECTED IN AUGUST APPLIES TO JULY WAS JULY SALES AND WE HAVE AN INTERESTING MONTH.
MCKINNEY WE SAW 4.9% INCREASE, BUT YOU CAN SEE ALAN SAW 1.7% DECREASE FOR SO SAW AN 8% DECREASE IN PLANO SOL 3.1% DECREASE. I WISH I COULD TELL YOU EXACTLY WHAT CAUSED THIS SISTER CITIES. THEY HAVE THOSE DECREASE HAVE REACHED OUT TO THEM. AND THERE'S NO REALLY UNDERLYING DATA. UM, WHEN WE'RE LOOKING AT HERE TODAY, THOUGH, EVERYONE'S PRETTY CLOSE TO THE SAME. BESIDES ALAN'S LITTLE BIT AHEAD OF US, YOU CAN SEE THAT MCKINNEY'S AT 6.2% INCREASE, UM,
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YEAR TO DATE. FRISCO'S AT 6.2 PLAN THOSE AT 6.8 AND ANNOUNCE THAT 9.7 SO EVEN THOUGH THE MONTHS KIND OF YOU KNOW WE'LL HAVE A LITTLE BIT OF VARY VOLATILITY IN THAT YEAR TO DATE, ALL THESE SISTER CITIES ARE RELATIVELY CLOSE. UM, AND WITH OUR BUDGET, YOU KNOW, THIS IS 11 MONTHS NOW THAT WE'VE BEEN IN THAT 67% RANGE WE BUDGETED 5% SO NOW WE ARE. IT IS A SET TREND AT THIS POINT THAT WE ARE IN THAT 6% RANGE. UM AND I LOOK AT THE INDUSTRY DATA REALLY? HONESTLY NOTHING REALLY TO NOTE HERE. RETAIL TRADE WAS DOWN TO 1% BUT WITH LAST MONTH'S BEING A 13% KIND OF AVERAGE OUT EVERY TWO MONTHS TO KIND OF SEE WHAT IT'S LOOKING AT. AND SO YOU KNOW THE 6 TO 7% RANGE STILL THERE. UM UTILITIES IS DOWN 13% BUT A LOT OF BUSINESSES ARE SWITCHING TO QUARREL E PAYMENTS FROM THAT. SO THE NEXT QUARTERLY PAYMENT WOULD BE SEPTEMBER. SO THAT KIND OF EXPLAINS WHY THAT'S DOWN A LITTLE BIT. LAST YEAR, WE HAD THEM STILL PAYING MONTHLY. UM AND BESIDES THAT, EVERYTHING ELSE KIND OF LOOKS RELATIVELY THE SAME. BUT I'D BE HAPPY TO ANSWER ANY QUESTIONS ON SALES, TAX OR FINANCIAL OR ANYTHING LIKE THAT. YOU GO BACK TO THAT LAST SIGHT. SALES TYPES. THIS ONE. SO OUR TOTAL. FOR THIS YEAR . THAT'S EVERY THAT'S EVERYTHING IS CORRECT AS THE CITY AS A WHOLE, LIKE THREE CENTS. YEAH SO THE TWO SETS OF CLOTHES, CDC, CDC AND THE CITIES AND THE ONLY DIFFERENT WHEN YOUR COMPARISON PLANO IS ONLY 1% THE OTHER 1% I THINK GOES TOO DARK FOR THEM. SO THAT'S UM EVERYTHING ELSE IS A TRUE COMPARISON. ALAN IT'S THEIR WHOLE CITY, INCLUDING THERE. COMPONENTS AND FRISCO'S THERE. E D. C THAT'S REALLY HAVE A CDC BUT THEIR CITY AS WELL, 0.7% BUT STILL THERE 50,000,052 MILLION, RIGHT, SO THERE'S CORRECT AND THEY HAD A COUPLE OF ROUGH YEARS TO WHILE FRISCO MCKINNEY AND ALL OF US DID FAIRLY WELL DURING COVID. THEY STRUGGLED FOR TWO YEAR SPAN. THEY'RE TRYING TO CATCH UP NOW, TOO. UM, YEAH, WE'RE STILL TRAILING. UM FRISCO AND PLAN ON THAT ASPECT IN TOTAL DOLLARS, UM, AND WITH WITH INCREASES THINGS STEADILY THE SAME. DOESN'T LOOK LIKE WE'LL REACH BE REACHING THEM THIS YOU KNOW, IN THE NEXT FIVE YEARS OR SO UNLESS WE START SEEING A HIGHER PERCENTAGE COMPARED TO FRISCO'S PERCENTAGES. WE'VE GOT ONE MORE MONTH TO ADD TO THIS. IS THAT RIGHT? CORRECT UM, BUT THEN I'LL HAVE TO, UM, THEY'LL GIVE YOU A GOOD COMPARISON AND FOR 12 MONTH AVERAGE, BUT I HAVE TO WAIT TILL TWO MONTHS AFTER THE FISCAL YEAR BECAUSE IT'S TWO MONTHS AWAY. THE SAAB SWAP OUT OCTOBER NOVEMBER FOR WHAT WE COLLECT, AND THIS YEAR'S OCTOBER NOVEMBER TO MOVE THAT BACK TO YOUR TRUE FISCAL YEAR. SO NEXT MONTH, I'LL GIVE YOU A PRELIMINARY PHYSICALLY OR 23 FINANCIALS AND I'LL GIVE IT COME BACK TO YOU AND LIKE DECEMBER JANUARY AFTER THE AUDIT, AND WE MOVED IN ALL OUR CREWS AND EVERYTHING LIKE THAT TO SHOW YOU WHAT YOUR YOUR NEW FUND BALANCES AND WHAT YOU'RE WORKING WITH FOR NEXT YEAR AND ALL THAT STUFF. THANKS. QUESTIONS. THANK YOU NEED EMOTION. FINANCIALS. I MOVED TO ACCEPT THIS PRESENTED I MEAN ON SECOND MILITARY HIT. I DID GO AHEAD. STEREO. MOTION BY. NOBODY SECOND NOBODY. OH, HEAD SAID YES. SO THE MOTION BY DAD SECOND BY KURT. QUESTION PASTORS. PUBLIC COMMENTS REGARDING MATTERS NOT ON THE AGENDA. ANYBODY LIKE TO ADDRESS THIS? INBOARD COMMENTS. WE WILL GO INTO EXECUTIVE SESSION AND[EXECUTIVE SESSION]
TEXAS GOVERNMENT CODE. 551072. CONSULTATION WITH GENERAL COUNSEL IN A WORK SESSION, THE SPECIAL OR REGULAR SESSION. AGENDA ITEM REQUIRING CONFIDENTIAL ATTORNEY CLIENT ADVICE AND ASSISTED BY THE DELIBERATION OR DISCUSSIONS SET ITEMS AS NEEDED LEGAL CONSULTATION. ON THE FOLLOWING ISLANDS 551087 ECONOMIC DEVELOPMENT MATTERS WITH PROJECTS THAT ARE LISTED IN THE AGENDA. WE ARE ADJOURNING AT 8 32, AND WE WILL BE BACK AT THE END OF EXECUTIVE SESSION IN THE EVENT THAT WE HAVE TO TAKE ANY ACTION. WE'RE IN RECESS.* This transcript was compiled from uncorrected Closed Captioning.