Title
Consider a resolution approving the Mesquite Quality of Life Corporation’s (MQOLC) mid-year amended budget for Fiscal Year 2025-26.
Body
The Mesquite Quality of Life Corporation (MQOLC) budget for Fiscal Year 2025-26 was adopted by the MQOLC Board of Directors on May 28, 2025, and approved by the City Council on June 16, 2025, per Resolution No. 20-2025. Because changes in revenue estimates and expenditures often occur throughout the year, amending the adopted budget to account for significant changes in revenues and expenditures is a common best practice in local government finance.
The following expenditures are included in the proposed amended budget:
Traffic Signal Maintenance $300,000.00
Scyene Road Railway Signal $970,000.00
Mesquite Heritage Trail, Phase 2 $150,000.00
TOTAL $1,420,000.00
All three items are added to the mid-year budget and were previously not included in the Fiscal Year 2025 - 2026 adopted budget.
The total budget expenditure prior to the amended balance was $15,192,481.00, bringing the amended total expenditures to $16,612,481.00.
The MQOLC Board of Directors approved Resolution No. 2026-10 for the Fiscal Year 2025-26 mid-year amended budget at their regular MQOLC meeting on February 25, 2026.
Recommended/Desired Action
Staff recommends approval of the resolution.
Attachment(s)
MQOLC Resolution No. 2026-10
Resolution
Drafter
Melissa Romero
Head of Department
Kim Buttram