Glenn Mitchell

Possible purchase or lease of 105-107 SW 1st Street

Unknown — deliberated in closed session.

TxCDBG grant application for infrastructure

Grant funding could offset local costs for drainage, water/sewer, and street projects.

2026-2027 Budget Requests

No dollar figures given for the wage plan yet; departmental supplemental requests were presented without final numbers.

City of Mineral Wells Strategic Plan

No direct cost; the plan will guide future budget priorities.

City Finance Subcommittee created

Utility Vehicle Slow-Down Ordinance

Both policies aim to reduce insurance claims and liability exposure, protecting taxpayer-funded assets and premiums.

Palo Pinto County cost-sharing for animal shelter and library

County contribution could rise from $55,000/$30,000 toward calculated shares of roughly $78,000/$72,000 — money that eases pressure on city taxpayers.

FY 2026-2027 Budget and Property Tax Increase

Median homeowners will pay an estimated $1,027.59 in city property tax, up $491.63 from the current year.

TMRS retirement benefit enhancement

Raises both employee and city retirement contributions, a recurring cost baked into the FY2027 budget.

Texas Gas Service proposed rate increase

Could add roughly $3.58 per month to residential gas bills if the increase stands.

De minimis tax rate strategy for FY2027 budget

Sets the ceiling on next year's property tax rate for general operations, while a separate rate will fund debt payments.

Airport Fund Financial Challenges

Forecast $486,000 deficit for FY 2026, tracking better; hangar leases should improve revenue.

City Employee Pay and Benefits

About $796,000 in new personnel costs including insurance; higher TMRS match would add $350,000 (6%) to $800,000 (7%) citywide.