Jul 28, 2026 City Council

[CALL TO ORDER/GENERAL COMMENTS]

[00:00:02]

ALL RIGHT. TIME IS NOW 6:00. I'M GOING TO CALL THIS REGULAR MEETING OF THE BEDFORD CITY COUNCIL TO ORDER. IT IS TUESDAY, JULY 28TH, 2026. I'D LIKE TO WELCOME EVERYBODY WHO'S TUNING IN ONLINE AND THOSE OF YOU IN THE AUDIENCE TODAY, WE'LL START THINGS OFF WITH AN INVOCATION LED TO US BY COUNCIL MEMBER DONOVAN BRANDON, FOLLOWED BY THE PLEDGE OF ALLEGIANCE BEING LED TO US BY MAYOR PRO TEM DAWKINS.

I'D LIKE TO ASK EVERYONE TO PLEASE STAND. WILL YOU PRAY WITH ME? DEAR HOLY SPIRIT, HELP US BRING OUR BEST HERE TONIGHT.

HELP US TO BE THOUGHTFUL IN OUR CHOICES. WE GIVE THANKS FOR THOSE WHO DO THE ESSENTIAL TASKS OF BEDFORD AND FOR THE OTHERS WHO MAKE WONDERFUL CHOICES IN SMALL WAYS THAT MAKE BEDFORD BETTER.

BLESS THEIR KINDNESS AND LET OUR GRATITUDE BE REFLECTED IN THE CHOICES WE MAKE HERE TONIGHT.

GRANT US UNDERSTANDING. GIVE US THE WISDOM TO LISTEN BEFORE WE DECIDE HERE HOW TO VOTE.

HELP US CHOOSE WHAT SERVES OUR COMMUNITY ABOVE ALL ELSE.

MAY THE WORK WE DO TONIGHT REFLECT THE BEST OF WHO WE ARE, AND MAY IT BLESS THOSE WHO LIVE IN BEDFORD, WORK IN BEDFORD AND ENJOY BEDFORD. AMEN. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS.

ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

HONOR THE TEXAS FLAG. I PLEDGE ALLEGIANCE TO THEE.

TEXAS. ONE STATE UNDER GOD, ONE INDIVISIBLE.

I THANK YOU. COUNCIL MEMBER DONOVAN BRANDON. THANK YOU, MAYOR PRO TEM DAWKINS FOR THAT. ALL RIGHT.

NEXT UP, WE HAVE PUBLIC COMMENTS AND OUR CITY SECRETARY IS GOING TO GO AHEAD AND CHECK AND SEE IF ANYONE HAS SIGNED UP.

[PUBLIC COMMENTS ]

THEY WILL GIVE YOU A COUNTDOWN AND THEN ALSO A WARNING AT LIKE 30S OR SO.

SO WITH THAT WE JUST WANT TO MAKE EVERYONE AWARE OF THAT.

I WILL HAVE TO CUT YOU OFF. I DON'T WANT TO CUT YOU OFF IF YOU GO OVER THE THREE MINUTE TIME LIMIT, BUT ALSO KNOW THAT IF YOU DIDN'T GET TO SAY EVERYTHING THAT YOU, YOU NEEDED TO SAY, PLEASE, PLEASE CONTACT ME AFTER THE MEETING.

SEND ME AN EMAIL. I'D BE HAPPY TO SIT DOWN AND HAVE A PHONE CONVERSATION.

ANYTHING OF THAT SORT. BECAUSE WE DO WANT TO HEAR FROM YOU.

BUT AGAIN, WE DO HAVE THAT TIME LIMIT. SO WITHOUT FURTHER ADO, I'D LIKE TO CALL UP ELIZABETH MILLER TO COME TO THE PODIUM OVER HERE TO TALK ABOUT SURVEILLANCE FLOCK CAMERAS. GOOD EVENING EVERYONE.

MY NAME IS ELIZABETH MILLER. I'M A BEDFORD RESIDENT.

THERE ARE SOME FAMILIAR FACES ON HERE. HELLO TO ALL.

I'M NOT UP HERE AS MUCH AS I'D LIKE TO BE. I AM THE OWNER OPERATOR OF AN OUTFIT CALLED THE BRISKET CAUCUS.

WE JUST ADOPTED THAT NAME AND I'VE BEEN. I LOBBIED THE LEGISLATURE ON BEHALF OF REGULAR TEXANS.

I'VE BEEN DOING THAT FOR A WHILE NOW. THE NAME IS NEW, BUT MY ACTIVITIES ARE NOT.

I HAVE A LOT OF LEGISLATIVE PRIORITIES I'D LOVE TO TALK TO ALL Y'ALL ABOUT, BUT I WANTED TO LET YOU KNOW THAT I'M HAVING TO ADD ONE TO MY ALREADY LONG LIST BECAUSE PEOPLE ARE BEATING DOWN MY DOOR ABOUT THIS FLOCK CAMERA ISSUE.

I ATTENDED A MEETING, AN ORGANIZATIONAL MEETING LAST NIGHT FOR THE DFW.ORG, THE TARRANT.

THE FIRST ORGANIZATIONAL MEETING FOR TARRANT. WE HELD IT HERE IN BEDFORD AND THERE WERE LIKE 25, 30 PEOPLE THERE. AND SO SOME OF Y'ALL KNOW THAT'S A LOT FOR FIRST MEETING.

WE HAD REPUBLICANS, DEMOCRATS, LIBERTARIANS, AND EVEN SOCIALISTS.

SO YOU'RE GOING TO HEAR ABOUT IT FROM EVERYBODY.

AND I JUST WANTED TO GIVE YOU ALL THE HEADS UP.

I SUSPECT THEY MAY NOT START WITH BEDFORD BECAUSE WE'RE NOT REAL BIG, BUT DON'T BE SURPRISED.

YOU KNOW, LIZ, WHEN PEOPLE STARTED BEATING DOWN YOUR DOOR ABOUT THIS ISSUE.

I AM INTERESTED IN WHAT OUR CONTRACTS. I'M BEHIND THE NERDS ON THIS, ADMITTEDLY, BUT I AM INTERESTED AS A RESIDENT AND SOMEBODY WHO'S WORKING ON THIS ISSUE NOW ABOUT OUR CONTRACTS AND WHAT THE ARRANGEMENT IS.

I WOULD NOTE THAT LAST SESSION THERE WAS A BILL AUTHORED BY REPRESENTATIVE BUCY, A DEMOCRAT, AND THERE WAS A BILL AUTHORED BY REPRESENTATIVE HARRISON, A REPUBLICAN, BOTH OF WHOM WERE TRYING TO BAN THESE.

[00:05:03]

PLEASE SEND ME THE LEGISLATION. AND THE ACLU HAS COME OUT AGAINST THIS.

SO, I MEAN, YOU'VE GOT BROAD BASED ANNOYANCE, RESPECTFULLY.

AND THESE TOOLS ARE BEING USED IN WAYS THAT ARE REALLY, REALLY DANGEROUS TO REGULAR TEXANS THAT THEY MAY NOT REALIZE, YOU KNOW, A LOT OF US WOULDN'T HAVE A PROBLEM IF THEY WERE ONLY BEING USED FOR LAW ENFORCEMENT. BUT WE HAVE, YOU KNOW, LAW ENFORCEMENT OFFICERS STALKING PEOPLE WITH THIS INFORMATION.

WE HAVE HIGHLY INAPPROPRIATE USES THAT VIOLATE CIVIL LIBERTIES THAT GO ON AND ON.

SO I'LL LET OTHER I'LL LET THE NERDS BOTHER YOU ABOUT THAT.

BUT I HAVE COMMITTED TO THIS GROUP THAT IF THEY ARE MOTIVATED AND HAVE THE BODIES, I WILL GO TO AUSTIN AND FIGHT FOR THIS FOR THEM.

AND FROM THE LOOKS OF THINGS, THEY WILL HAVE THE ENERGY AND BODY.

SO HEADS UP. I JUST WANTED TO GIVE YOU ALL A HEADS UP ON THAT AND I'LL BE REACHING OUT.

THANK YOU FOR INTERRUPTING YOU SO I COULD TALK TO YOU ALL, ALL AT ONCE.

THAT'S REALLY HELPFUL. YEAH, ABSOLUTELY. NO, NO, NO.

ABSOLUTELY. THANK YOU FOR COMING AND SHARING THAT, THAT VIEW WITH THIS.

THIS IS THE MEDIUM FOR IT. I KNOW IT'S BEEN A HOT TOPIC AS OF LATE.

I KNOW I BELIEVE LAST WEEK I, WE PROBABLY READ THE SAME ARTICLE AND IT WAS KIND OF, IT WAS A LITTLE BIT, A LITTLE BIT DISTURBING TO ME SEEING SOME OF THAT.

AND WHICH LED ME TO ASK A LOT OF QUESTIONS OF OUR CITY MANAGER OF CHIEF LAPENNA.

AND SO WHAT I WILL SAY IS THIS IS THAT WHEN IT COMES TO THE COMPANY, I THINK A LOT OF THIS HAS TO DO WITH THE COMPANY FLOCK.

I DON'T THINK THEY'VE HANDLED A LOT OF THINGS VERY, VERY WELL.

THAT BEING SAID, WE ARE CANCELING OUR CONTRACT WITH THEM.

WE HAVE TWO CONTRACTS. AND ONE WILL BE DONE IN 2026 AND THE OTHER WILL BE FINISHED IN 2029.

AND WE DO NOT SEEM TO RENEW THOSE. SO THOSE ARE FINISHED.

AND WHEN IT COMES TO OFFICER IMPROPRIETIES. OFFICER, WE HAVE SAFEGUARDS IN PLACE.

WE HAVE INTERNAL AUDITS IN PLACE. I MADE SURE OF THAT.

YOU KNOW, I WANTED TO CHECK TO MAKE SURE, HEY, ARE WE AUDITING OUR PEOPLE TO MAKE SURE THAT WHAT YOU JUST BROUGHT UP THAT THAT AND WHAT WAS IN THAT STORY THAT OFFICERS ARE, ARE THEY STALKING INDIVIDUALS, EXES OR SO.

AND SO WE HAVE SYSTEMS IN PLACE SO WE CAN AUDIT THE USAGE OF SUCH OF SUCH USE OF OUR FLOCK SYSTEM TO MAKE SURE OUR OFFICERS ARE NOT BEING, YOU KNOW, ABUSING THIS IN THAT WAY. SO YOU HAVE TO PUT IN, I KNOW YOU HAVE TO PUT IN A CODE, YOU HAVE TO SAY WHY, WHAT THE REASON IS. SO I JUST WANT TO MAKE SURE THE PUBLIC UNDERSTANDS WHERE WE'RE AT ON THIS.

AND THAT'S WHY WE'RE MOVING AWAY FROM FLOCK, THE COMPANY USING, USING THOSE LICENSE PLATE READERS.

AND, AND THAT WE DO HAVE SAFEGUARDS IN PLACE, BUT WILLING TO HAVE MORE OF A DIALOG WITH YOU AT A LATER TIME, IF THAT'S IF THAT'S SOMETHING YOU'RE INTERESTED IN AND WE CAN DO SOME MORE EDUCATION ON THAT.

I WOULD APPRECIATE THAT. THANK YOU. THANK YOU. ALL RIGHT.

NOBODY ELSE HAS SIGNED UP FOR PUBLIC COMMENTS, SO WE'LL GO AHEAD AND MOVE ALONG WITH OUR AGENDA.

WE HAVE PRESENTATIONS THIRD QUARTER INVESTMENT AND FINANCE REPORT TO GIVE YOU FINANCE DIRECTOR BRADY OLSON.

[PRESENTATIONS ]

THIS IS KIND OF AN UNOFFICIAL KICKOFF OF FINANCE MONTH.

SO YEAH, THIS IS YOUR DEBUT. ALL RIGHT. IT'S BRADY OLSON MONTH.

THAT'S. SEASON. THE WHOLE FINANCE TEAM. BUT YOU'RE GOING TO SEE A LOT OF MY FACE.

YES. SO THIS IS OUR QUARTERLY UPDATE. FIRST OFF WE START OFF WITH ALL FUNDS REVENUES AND EXPENDITURES.

IDEALLY REVENUES ARE GOING TO BE HIGHER THAN EXPENDITURES.

THAT'S TRUE FOR ALL OUR FUNDS EXCEPT FOR THE WATER AND SEWER FUND.

AND THERE WAS SOME TIMING WITH OUR TRA PAYMENT THERE.

SO THAT HIT BEFORE SOME REVENUE HIT. BUT WE DO THINK THE FUND IS IN A FAIRLY GOOD SHAPE FOR THE YEAR.

HISTORICAL SALES TAX COLLECTIONS. WE HAD A VERY GOOD MONTH AT THE END OF THIS QUARTER, AND THE FOLLOWING MONTH WAS LESS GOOD.

SO WHILE WE WERE SHOWING SOME INCREASES HERE, IT FLATTENED OUT AFTER WE GOT THE FOLLOWING MONTH'S RESULTS.

SO SALES TAX IS STILL FAIRLY FLAT FOR THE YEAR, THOUGH WE DO HAVE SOME HOPEFUL THINGS ON THE HORIZON FOR THAT CHANGING IN THE NEXT FISCAL YEAR THAT WE'LL TALK ABOUT THROUGH THE BUDGET PROCESS.

GOT IT. SO BRADY, I THINK THIS IS ON EVERYONE'S MIND.

WE HAVE NOT HIT THE NUMBERS. WE HAVEN'T GOTTEN ANY NUMBERS FROM THE BIG OPENING OF HEB YET.

WE HAVE NOT. OKAY. AND SO THAT'S REFLECTING WHAT THIS IS AND HOW THINGS ARE ENDING UP BEING A LITTLE BIT FLAT.

SO I KNOW THERE MIGHT BE SOME CURIOUS MINDS OUT THERE AS TO, YOU KNOW, WE HAD TWO THINGS HAPPEN OVER THE SUMMER.

WE HAD OBVIOUSLY HEB OPENED UP WITHIN THE CITY, BUT THEN WE ALSO HAD THE WORLD CUP AND, AND PEOPLE WERE WONDERING WHAT DID THAT LOOK LIKE? BUT ALL THE ALL THAT DATA AND ALL THAT WE WILL NOT GET IN THIS REPORT.

WE'RE STILL WE'RE STILL GOING TO BE WHAT A FEW WEEKS BEHIND WE EVERYTHING'S ON A TWO MONTH DELAY.

DELAY. YEAH. SO OUR NEXT. OUR NEXT QUARTERLY UPDATE.

[00:10:01]

VERY GOOD. SO THIS SHOWS THE STRONG MOST RECENT MONTH OR MOST RECENT QUARTER.

BUT THAT DID FLATTEN OUT AS I MENTIONED. WATER AND SEWER CHARGES.

AS TRA CONTINUES TO CHARGE US MORE AS A PART OF OUR CONTRACT, WE'RE ALSO COLLECTING MORE.

SO WE'RE ABLE TO PAY OUR BILLS AND THE WATER AND SEWER FUND. A HOTEL OCCUPANCY TAX, THIS IS A LITTLE MISLEADING, THE 708,000. WE HAD A HANDFUL OF HOTELS PAY US LIKE A WEEK AFTER WE CLOSED OUR BOOKS.

SO THAT TRUE NUMBER IS CLOSER TO 800,000. SO IT WOULD BE A SLIGHT INCREASE.

OKAY. VERY GOOD. THANK YOU. GENERAL FUND EXPENDITURES WERE THREE QUARTERS OF THE WAY THROUGH.

SO YOU'D LIKE TO SEE THE BLUE BE ABOUT THREE QUARTERS THE WAY TO THE TO THE WHITE.

OBVIOUSLY SOME DEPARTMENTS ARE DIFFERENT, BUT THE BIGGEST COST AND MOST ARE DEPARTMENTS IS PERSONNEL.

AND THAT IS FAIRLY CONSISTENT. THOUGH SOME MAY HAVE FRONTLOADED CAPITAL EXPENSES, BUT NONE OF THE DEPARTMENTS ARE A WORRY AT THIS TIME.

THAT IS IT FOR THE FINANCIALS. BEFORE WE GO ON TO INVESTMENTS IF ANYONE HAS ANY QUESTIONS.

YES, MAYOR PRO TEM DAWKINS. THANK YOU, MR. MAYOR.

SO, BRADY, I THINK YOU DID EXPLAIN THAT I WAS JUST COMPARING THE SECOND QUARTER, THE THIRD QUARTER.

AND SO THE HOTEL OCCUPANCY WAS REALLY STRONG IN SECOND QUARTER, BUT IT HELPED.

IT'S HELPFUL THAT YOU EXPLAINED THAT THERE WAS A DELAY IN RECOGNITION.

I DID HAVE A QUESTION ABOUT WITH THE FUNDS, THE NON-DEPARTMENTAL FUND, I THINK.

YEAH. THE DEPARTMENT. YEAH. WHAT IS THAT? SO THAT'S GOING TO BE SOME OF THE TRANSFERS WE MAKE TO LIKE WE MOVE MONEY TO AN EQUIPMENT REPLACEMENT FUND.

SO WE HAVE MONEY TO MAKE LARGE PURCHASES. SO WE DON'T NECESSARILY ATTRIBUTING THAT TO ONE DEPARTMENT.

OH, OKAY. SO I JUST NOTICED THAT IT, YOU KNOW, IT'S CLOSE TO THE EXPENSES AND REVENUE ARE CLOSE TO BEING EXPENDED.

YEAH. SINCE THAT'S NOT A PERSONNEL FUND, THAT'S LESS REGULAR.

BUT DURING THE BUDGET PROCESS, WE'LL HIGHLIGHT, I'LL MAKE A NOTE TO HIGHLIGHT THE NON-DEPARTMENTAL SINCE THAT'S LESS OBVIOUS THAN THE OTHER ONES. ALL RIGHT. THANK YOU. THANK YOU. IF YOU DON'T MIND THERE ALSO WITH THE IF WE GO BACK TO THE HOTEL OCCUPANCY TAX.

SURE. JUST REAL QUICK, YOU MENTIONED THAT WE DID SOME COLLECTIONS BEFORE THAT.

ARE ALL OF OUR HOTELS UP TO DATE? ALL BUT ONE.

OKAY. THEY'VE RECEIVED A COUPLE STERNLY WORDED LETTERS, AND WE'RE HOPEFUL THAT FRIDAY WILL, WE WILL SEE SOME PAYMENTS. OKAY. ALL RIGHT. VERY GOOD. JUST WANTED TO SEE WHERE WE'RE AT ON ALL THOSE.

OKAY, SO WE HAVE ONE. YES. ALL RIGHT. GOT IT.

ALL RIGHT. ANY OTHER QUESTIONS ON THE FINANCES? OKAY. ALL RIGHT. SO AS WE SPEND OUR MONEY THROUGHOUT THE YEAR, OUR PORTFOLIO IS A LITTLE SMALLER NOW THAN IT WAS BACK IN MARCH.

WE GET MOST OF OUR REVENUE PROPERTY TAXES AT THE BEGINNING OF THE YEAR, AND THEN WE SPEND THAT AS WE GO ON.

SOMETIMES THAT'S BUFFERED BY A LARGE SALE OR MAYBE A BOND THAT WE ISSUE.

WE DIDN'T HAVE THAT DURING THIS LAST QUARTER, SO WE WERE MOSTLY JUST SPENDING DOWN THE FUNDS WE HAD AVAILABLE.

WE DO HAVE $122 MILLION UNDER INVESTMENT AS OF THIS TIME.

OUR RETURNS HAVE DECREASED A LITTLE BIT OVER TIME.

WE HAD A LOT OF 5% INVESTMENTS AND THOSE WENT AWAY, AS TIME HAS GONE ON, THOUGH, WE ARE STACKING A LOT OF THINGS ABOVE 4%.

SO I THINK WE'RE GOING TO BE ABLE TO STAY IN THIS RANGE GOING FORWARD FOR AT LEAST THE NEXT YEAR OR SO.

INTEREST EARNINGS. THERE ARE ABOUT 3.6 MILLION FOR THE YEAR.

WE'RE PROBABLY GOING TO GET OVER FIVE FOR THE ENTIRE YEAR AS A WHOLE.

SO THAT'S GOING TO BE OVER BUDGET OVER WHAT WE PLAN FOR.

AND WE ARE ANTICIPATING BEING ABLE TO BUDGET A LITTLE BIT HIGHER NEXT YEAR BASED ON SOME OF THE THINGS WE'RE SEEING IN THE MARKET. THIS IS OUR FIRST BENCHMARKS GENERALLY SINCE WE ARE A LITTLE SHORTER. WE ARE STILL ABOVE THE ONE YEAR TREASURY, WHICH IS NICE.

WE'RE ABOVE THE POOLS, WHICH IS GOOD. THIS IS WHY WE LADDER OUT WHERE OVER A LONGER TIME FRAME.

SO AS THE MARKET TURNS, WE SHIFT A MUCH SLOWER AND WE'RE A LITTLE BIT MORE STABLE.

TREASURY YIELDS, THIS WAS AS A COUPLE OF WEEKS AGO.

THAT'S STILL CHANGED A LOT RECENTLY. IRAN HAS BEEN A LARGE PORTION OF THE MARKET SHIFTING OVER TIME.

THESE ARE, I THINK WE'RE UP TO. I WROTE IT DOWN SOMEWHERE.

I THINK THESE ARE OFF 2020 ISH POINTS ON THE SHORT TERM, IT HAS INCREASED AS THE IRAN VOLATILITY HAS GONE ON.

THERE'S ANOTHER FED MEETING TOMORROW. THEY'RE PRICING IN A 38% CHANCE OF THEM INCREASING AT THAT POINT.

[00:15:01]

INFLATION DRIVEN BY ENERGY PRICES IS LARGELY HIGHER THAN THEY WANT IT TO BE.

SO THEY'RE GOING TO BE THINKING ABOUT RAISING RATES IN ORDER TO TIGHTEN THAT. THOUGH IF ENERGY PRICES DO GET BACK UNDER CONTROL, THE REST OF THE MARKET IS RELATIVELY LOW INFLATION WISE RIGHT NOW.

BUT ENERGY IS JUST SO HIGH, HAS BEEN SO HIGH THAT IT'S DRIVING SOME DECISIONS.

YEAH, AND THERE'S NOT MUCH MORE INFORMATION THAN THAT THAN THE NEW FED CHAIR WARSH.

HE'S BEEN PRETTY TIGHT LIPPED. SOMETIMES THE CHAIRS IN THE PAST HAVE LEAK THINGS TO THE MARKET OR KIND OF HINTED AT WHAT THE DIRECTION MAY BE.

HE'S HE'S PUT A STOP TO THAT FOR THE TIME BEING.

SO WE'RE A LITTLE BIT GUESSING MORE THAN NORMAL ON WHAT THE MARKET'S GOING TO DO.

SO STRATEGY, AS ALWAYS, KEEP MAKING INVESTMENTS OVER REGULAR TIME PERIOD.

MAKE SURE THEY'RE SPREAD OUT. NOT ALL OUR EGGS IN ONE BASKET.

OKAY. ALL RIGHT. YEAH, IT SEEMS TO BE OUR IT SEEMS TO BE THE STRATEGY WE'VE HAD FOR QUITE SOME TIME.

IT SERVED US WELL. SO DEFINITELY HATS OFF TO YOU AND THE WHOLE FINANCE TEAM.

YOU GUYS ARE DOING A GREAT JOB PROTECTING, PROTECTING OUR FINANCES AND INVESTING WISELY.

AND, AND WE'RE SEEING THOSE RETURNS. AND IT'S GOOD TO HEAR. THANK YOU FOR SHARING THAT. WE'RE HOPING THAT WE CAN SEE THAT 4% OVERALL FOR THE NEXT YEAR.

I MEAN, FINGERS CROSSED RIGHT. OF COURSE, ANYTHING CAN HAPPEN. BUT THAT'S WHAT WE'RE WHAT WE'RE LOOKING AT. SO THAT'S GOOD TO HEAR.

SO BRADY THANK YOU SO MUCH FOR THIS. ANY QUESTIONS FOR HIM OVER FINANCE? ALL RIGHT. MAYOR PRO TEM DAWKINS. THANKS MR. MAYOR.

SO IF WE GO BACK TO THE PORTFOLIO BOOK VALUE SLIDE, I JUST NOTICED LIKE ALL OF THE ITEMS HAVE INCREASED EXCEPT FOR THE CDAR.

SO DID WE CASH THAT OUT OR? THEY MATURE US. ALL THESE HAVE A MATURITY DATE AND JUST THE ONES WE HAD THERE MATURED, AND WE'VE BEEN MOVING MORE TOWARDS THE OPEN MARKET RATHER THAN BEING WITH INDIVIDUAL BANKS.

ALL RIGHT, ALL RIGHT. THANK YOU. YES. COUNCIL MEMBER SABOL.

BRADY, YOU SAID THAT YOU ESTIMATED LAST YEAR THE INTEREST TO BE A LOT LESS.

WHAT WAS YOUR NUMBER LAST YEAR IN COMPARISON TO WHAT HAS TURNED OUT? WHAT WE BUDGETED FOR? YEAH. SO WE THOUGHT THERE MAY BE AT THAT TIME WE THOUGHT THEY WERE GOING TO BE CUTS.

SO I THINK WE'RE GOING TO BE MAYBE 5.5 MILLION OVERALL.

I'M GUESSING WE WERE CLOSER TO 4.5 MILLION IN OUR BUDGET.

SO $1 MILLION DIFFERENCE. OKAY. THANK YOU. ALL RIGHT.

ANY ADDITIONAL QUESTIONS? OKAY. VERY GOOD. ALL RIGHT.

THANK YOU SO MUCH. ALL RIGHT. OUR NEXT PRESENTATION, WE HAVE BEDFORD CENTER, YMCA FINANCIAL AND OPERATIONS QUARTERLY UPDATES.

JACQUELINE SOTELLA, YMCA DISTRICT EXECUTIVE. GOOD EVENING.

GOOD EVENING, MAYOR AND COUNCIL. THANK YOU ALL FOR HAVING US OUT AGAIN. GOOD EVENING EVERYONE IN THE AUDIENCE. FOR THOSE OF YOU WHO MIGHT NOT KNOW ME, MY NAME IS JACQUELINE SOTELLA AND I'M THE EXECUTIVE DIRECTOR AT THE BEDFORD CENTER YMCA.

AND I AM HERE TO SHARE WITH YOU TONIGHT SOME OPERATIONAL UPDATES FROM 2025.

SO LET'S GET STARTED. SO WE ALWAYS LIKE TO START WITH OUR MISSION STATEMENT.

I KNOW I'VE SHARED THIS WITH YOU ALL BEFORE, BUT WHEN WE'RE SERVING MEMBERS OF THE COMMUNITY, WE ALWAYS DO OUR BEST TO SERVE THE WHOLE PERSON, SPIRIT, MIND AND BODY.

SO WE LIKE TO KEEP OUR MISSION TOP OF MIND. SO THE MISSION OF THE YMCA OF METROPOLITAN FORT WORTH IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS, SERVICES, AND RELATIONSHIPS THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL.

AND AS I GET INTO THE NUMBERS, I'VE DONE THIS IN THE PAST TOO, BUT I WANT TO EXPLAIN THAT I'M GOING TO SHARE THESE NUMBERS THROUGH THE THREE MAIN AREAS OF IMPACT THAT THE YMCA HAS. SO THAT'S HEALTHY LIVING, SOCIAL RESPONSIBILITY AND YOUTH DEVELOPMENT.

SO OUR FIRST AREA OF IMPACT IS HEALTHY LIVING BY THE NUMBERS HERE.

AND I HOPE THAT YOU'LL BE ABLE TO KIND OF SEE THE PEOPLE BEHIND THE NUMBERS AS I TALK AS WELL.

BUT FIRST UP ON THE SLIDE IS OUR PERSONAL TRAINING REDEMPTIONS.

SO IN 2025, WE COMPLETED 1,843 PERSONAL TRAINING SESSIONS AT THE YMCA.

GROUP EXERCISE WE HAD 55,746 PEOPLE ATTEND GROUP EXERCISE CLASSES.

WE ARE REALLY PROUD OF THIS NUMBER, NOT ONLY BECAUSE THAT'S A HUGE NUMBER COMING TO GROUP EXERCISE, RIGHT? BUT PEOPLE WHO COME TO GROUP EXERCISE CLASSES ARE TWICE AS LIKELY TO STAY MEMBERS WITH US. SO GETTING THEM TO THAT CLASS AGAIN, NOT JUST THAT PHYSICAL ASPECT OF WORKING OUT AND GREAT PHYSICAL HEALTH, BUT THEY'RE BONDING WITH PEOPLE IN THE CLASSES. THEY FORM FRIENDSHIPS AND BONDS, AND THEY HANG OUT OUTSIDE OF CLASS AND GO TO HAPPY HOURS AND COFFEE. AND SO THE MORE PEOPLE WE CAN GET INTO THOSE CLASSES, THE BETTER. SO WE LOVE SEEING THAT NUMBER GROW. NEXT UP IS THE FITNESS ORIENTATION.

SO I'VE TALKED ABOUT THIS BEFORE, BUT AS A REMINDER, EVERY MEMBER TO THE SORRY, I KEEP WALKING AWAY FROM THE MICROPHONE.

EVERY MEMBER AT THE YMCA GETS A FREE ORIENTATION.

SO NO MATTER IF YOU'RE A BRAND NEW MEMBER OR NOT, IF YOU HAVE NOT DONE THIS ORIENTATION, WE ARE HAPPY TO HAVE YOU COME IN AND DO IT SO EVERYONE IS IN A DIFFERENT PLACE IN THEIR FITNESS JOURNEY WHEN THEY JOIN THE Y. SO FOR SOME PEOPLE, THOSE ORIENTATIONS MIGHT BE AS SIMPLE AS A TOUR OF THE FITNESS FLOOR, MAKING SURE YOU KNOW WHERE EVERYTHING IS, YOU KNOW HOW TO ADJUST A PIECE OF EQUIPMENT, OR YOU MIGHT NEED A LITTLE BIT MORE HELP, RIGHT? YOU MIGHT NEED SOME GUIDANCE ON, YOU NEED

[00:20:03]

SO 270 MEMBERS SERVED THROUGH THAT LAST YEAR.

NEXT UP IS EGYM, WHICH OF COURSE VERY, VERY POPULAR.

I THINK WE'VE TALKED ABOUT THIS BEFORE AS WELL. IT TAKES ALL THE GUESSWORK OUT OF YOUR WORKOUT FOR YOU. YOU CAN GET A TOTAL BODY WORKOUT IN 20 MINUTES. SO THIS IS A HUGE, HUGE DRAW TO THE BEDFORD CENTER. WHY SO 39,261 USERS ON THAT EQUIPMENT LAST YEAR? AND I THINK I MENTIONED THE BIO AGE LAST YEAR THAT'S HOLDING STRONG.

OUR AVERAGE ACTUAL AGE OF MEMORY USING THAT EQUIPMENT IS 64, BUT THEIR BIO AGE IS 54.

SO TEN YEAR DIFFERENCE, WHICH IS HUGE. OUR CFO SHARED WITH ME THAT HIS BIO AGE IS 12 YEARS YOUNGER THAN HIS ACTUAL AGE.

SO THAT WAS A FUN, FUN FACT I LEARNED TONIGHT.

SO IF YOU HAVEN'T TRIED IT OUT, I HIGHLY RECOMMEND. AND THEN WHILE WE'RE TALKING ABOUT 2025, WE ARE IN JULY OF 2026. SO WE WANTED TO THROW IN SOMETHING FUN ON EACH SLIDE THAT WAS NEW THIS YEAR.

SO NEW IN THE HEALTHY LIVING BUCKET WE OFFERED, STARTED OFFERING A KIDS FIT CLASS AT THE BEDFORD CENTER.

WHY? SO WE RECOGNIZED THAT THAT IS AN AREA OF NEED FOR US AT THE Y.

WE HAVE A TON OF KIDS COMING INTO OUR FACILITY, AND OUR Y PLAYHOUSE IS BUSTING AT THE SEAMS ON MONDAY NIGHT.

SO TO HELP ALLEVIATE SOME OF THAT, WE STARTED A KIDS FIT CLASS EVERY MONDAY NIGHT AT 530 LED BY HARLEY, ONE OF OUR PERSONAL TRAINERS. AND IT'S BEEN GREAT.

SO WE HAVE ABOUT 20 KIDS ON AVERAGE PER WEEK, BUT 61 UNIQUE REGISTRATIONS FOR THAT.

SO 61 DIFFERENT KIDS THAT HAVE COME THROUGH. BUT THAT'S BEEN VERY POPULAR AND WE HOPE TO POTENTIALLY EXPAND THAT IN THE FUTURE.

NEXT UP IS OUR YOUTH DEVELOPMENT AREA OF IMPACT.

AND SO AS YOU ALL KNOW, IF YOU'VE BEEN BY THE WAY, THIS SUMMER DAY CAMP IS IN FULL SWING.

AND SO LAST YEAR WE SERVED 496 KIDS, ABOUT 160 KIDS PER WEEK FOR 11 WEEKS THROUGHOUT SUMMER.

A LOT OF KIDS, A LOT OF KIDS SERVED AT THE BEDFORD CENTER Y.

YES, VERY, VERY BUSY. SWIM LESSONS 856 SWIM LESSONS WERE GIVEN LAST YEAR AT THE BEDFORD CENTER Y.

AGAIN, THIS NUMBER IS SOMETHING WE'RE VERY, VERY PROUD OF BECAUSE AS WE'VE TALKED ABOUT BEFORE, SWIMMING IS MUCH MORE THAN JUST A HOBBY, RIGHT? TEACHING SOMEONE TO SWIM IS GIVING THEM A LIFE, YOU KNOW, A VALUABLE LIFE LESSON, A LIFE SAVING SKILL.

AND SO WE KNOW AT THE Y THAT IF YOU'VE HAD JUST ONE FORMAL SWIM LESSON, YOU'RE 88% LESS LIKELY TO DROWN.

SO THAT MEANS 856 KIDS IN BEDFORD ARE SAFER BECAUSE OF THE SWIM LESSONS AT THE Y.

SO WE LOVE THAT NUMBER. Y PLAYHOUSE I MENTIONED EARLIER.

A TON OF KIDS COMING THROUGH THERE, 16,950 SCANS INTO WHY PLAY HOUSE LAST YEAR SO VERY POPULAR WITH ALL AS A REMINDER THAT IS INCLUDED.

IF YOU HAVE A FAMILY MEMBERSHIP, YOU GET THAT FREE ON SITE CHILDCARE WHILE YOU WORK OUT. AND THEN YOUTH AND TEEN ORIENTATION.

SO SIMILAR TO THE FITNESS ORIENTATIONS FOR ADULTS, WE DO REQUIRE A YOUTH AND TEEN ORIENTATION FOR KIDDOS ON THE FITNESS FLOOR.

SO AS YOUNG AS EIGHT YEARS OLD, UP TO 15, WE REQUIRE YOU TO GO THROUGH AN ORIENTATION.

SO 109 KIDS SERVE THROUGH THAT LAST YEAR. IT'S GREAT BECAUSE NOT ONLY DOES IT KEEP THEM SAFE AND TEACH THEM HOW TO USE EQUIPMENT, BUT IT KEEPS THE ADULTS SANE AS WELL BECAUSE THOSE TEENAGERS KNOW PROPER ETIQUETTE AND THEY CAN ALL GET ALONG TOGETHER ON THE FITNESS FLOOR.

AND THEN AS I MENTIONED, WE'RE TALKING ABOUT SOMETHING NEW FOR 2026 ON EACH OF THESE SLIDES.

SO THIS YEAR IN THE YOUTH DEVELOPMENT BUCKET, WE HOSTED OUR FIRST EVER COMMUNITY NERF BATTLE.

WE HAD 256 KIDS COME OUT. A STAFF MEMBER SUGGESTED THIS.

I THOUGHT, SURE, GO FOR IT. WE'LL SEE WHAT HAPPENS.

I HAD NO IDEA THAT IT WAS GOING TO BE SO POPULAR AND THE TURNOUT WAS JUST AMAZING.

AND AGAIN, WHAT THAT TELLS US IS THERE'S A NEED FOR MORE FAMILY FRIENDLY ACTIVITIES IN THE AREA.

SO ABSOLUTELY HOPE TO OFFER MORE OF THOSE AND MORE THINGS LIKE THAT COMMUNITY NERF BATTLE MOVING FORWARD.

ALL RIGHT, SOCIAL RESPONSIBILITY. SO I THINK I'VE SHARED PREVIOUSLY THAT WHEN JACQUELINE AND I ARRIVED AT THE BEDFORD CENTER Y AT THE END OF 2024, BEGINNING OF 2025, WE HAD SEVEN BOARD MEMBERS AND WE'VE BEEN ABLE TO GROW THAT TO 25.

AND THAT'S HOLDING STRONG. AND WE'RE VERY PROUD OF THAT NUMBER AND VERY GRATEFUL FOR THOSE 25 SOULS WHO COME ALONGSIDE US AND HELP US BETTER SERVE THE BEDFORD COMMUNITY.

AND ACTIVE OLDER ADULT ENGAGEMENT. THIS IS A GREAT NUMBER AS WELL, 25,000, OVER 25,000 ACTIVE OLDER ADULTS SERVED LAST YEAR.

THIS NUMBER IS GOING TO INCLUDE ALL OF THE FUN ACTIVITIES THAT TARA, OUR ACTIVE OLDER ADULT COORDINATOR, PUTS ON LIKE OUR LUNCHEONS, OUR BINGOS, OUR MAHJONG, OUR ICE CREAM SOCIALS, BUT ALSO OUR GROUP EXERCISE CLASSES THAT ARE GEARED TOWARDS OUR ACTIVE OLDER ADULTS. SO OUR SILVERSNEAKERS CLASSES, CHAIR YOGA AND OUR VERY POPULAR GOOD VIBES CLASS.

AND THEN FUNDS RAISED. I THINK YOU'VE ALL HEARD US MENTION THAT THE YMCA IS A NONPROFIT, SO WE NEVER TURN ANYONE AWAY DUE TO THEIR INABILITY TO PAY.

SO LAST YEAR, WE RAISED $90,000 AND THEN GAVE OUT OVER $240,000.

SO WE HAVE SOME WORK TO DO ON THE FUNDS RAISED SIDE, RIGHT? TO KEEP, TO BE ABLE TO KEEP PROVIDING THOSE SCHOLARSHIPS. BUT WE'RE PROUD TO SAY WE WERE ABLE TO HAND THOSE OUT.

IF YOU HAVE NOT DONATED TO OUR CAMPAIGN, I HAVE PLEDGE CARDS IN MY PURSE OR I CAN SEND YOU A LINK.

SO SEE ME AFTER AND I WILL GLADLY GET YOU SET UP TO HELP SUPPORT OUR COMMUNITY.

AND THE NEW BUCKET FOR SOCIAL RESPONSIBILITY IS THIS YEAR WE HAVE PARTNERED WITH GOODWILL'S WORKFORCE SOLUTION PROGRAM.

[00:25:05]

I SAY KIDDOS, THEY'RE YOUNG ADULTS FOR JUNE AND JULY, AND THEY ARE OF VARYING ABILITIES AND THEY'RE LEARNING ON THE JOB SKILLS.

SO THEY HAVE BEEN HELPING SCAN MEMBERS IN AT OUR FRONT DESK.

SO GETTING THAT SOCIAL INTERACTION, GETTING TO KNOW MEMBERS AND THEN LEARNING SOME OF THE TECHNOLOGY BEHIND THE SCENES SO THAT WE CAN HOPEFULLY SET THEM UP FOR SUCCESS IN FUTURE ROLES. OKAY, MEMBERSHIP METRICS FOR 2025. SO THE FIRST NUMBER YOU'RE SEEING ON THE SCREEN I'VE TALKED ABOUT BEFORE, IT'S A NET PROMOTER SCORE. AND I JUST WANT TO RE-EXPLAIN THIS BECAUSE I ALWAYS FEAR THAT PEOPLE SEE A 7, 79 AND THINK, SEE, I WAS AN A-PLUS STUDENT AND THE Y IS AN A PLUS Y.

AND SO I JUST WANT TO MAKE SURE I EXPLAIN THIS AGAIN. A NET PROMOTER SCORE IS CALCULATED BY THE TOTAL NUMBER OF PROMOTERS YOU HAVE AND THE TOTAL NUMBER OF DETRACTORS THAT YOU HAVE. IF YOU HAD AN EQUAL NUMBER OF PROMOTERS AND AN EQUAL NUMBER OF DETRACTORS, YOUR NPS SCORE WOULD BE ZERO.

SO WE'RE AT A POSITIVE 79. SO THIS IS A REALLY GREAT NUMBER THAT WE'RE VERY, VERY PROUD OF.

NATIONAL AVERAGE IS 70. SO WE'RE DOING REALLY, REALLY WELL IN THIS SPACE.

MEMBERSHIP SCANS LAST YEAR, WE HAD OVER 310,776 SCANS, WHICH IS UP FROM 2024.

IN 2024 WE HAD 305,000 SCANS. AND WHEN I PULL SCANS FOR THIS YEAR, WE ARE ON TRACK TO SURPASS THIS NUMBER FOR 2026.

SO MORE AND MORE PEOPLE COMING THROUGH, WHICH IS GREAT NEWS.

RETENTION HOLDING STRONG AROUND THAT 66%. GROUP PENETRATION AT 21%.

AS A REMINDER, THAT GROUP X PENETRATION MEANS THE NUMBER OF SCANS PEOPLE COMING INTO THE BUILDING, THE PERCENTAGE OF THOSE PEOPLE THAT THEN GO TO A GROUP EXERCISE CLASS. SO AGAIN, THAT NUMBER IS IMPORTANT TO US BECAUSE WE KNOW THAT THEY'LL STAY LONGER IF WE CAN GET THEM INVOLVED IN GROUP EXERCISE. SO THAT'S A GREAT NUMBER AND HIGHER THAN THE NATIONAL AVERAGE AS WELL.

AND THEN AGAIN, A NEW METRIC THAT WE HAVE THIS YEAR FOR 2026 IS OUR WATER PARK RESERVATION SYSTEM.

SO IN THE PAST, WE HAVEN'T REALLY BEEN ABLE TO TRACK EXACTLY HOW MANY PEOPLE ARE COMING INTO THE WATER PARK BECAUSE MEMBERS GET IN FOR FREE, NONMEMBERS ARE PAYING. SO WE HAD AN IDEA OF HOW MANY NONMEMBERS BECAUSE OF GATE FEES, AND WE COULD GUESS BASED ON CONCESSIONS SALES ABOUT HOW MANY PEOPLE WERE COMING.

BUT THIS YEAR WE SET UP A SYSTEM WHERE YOU RESERVE A PASS ONLINE BEFORE YOU COME.

IT'S STILL FREE FOR MEMBERS. YOU JUST HAVE TO RESERVE YOUR SPOT. SO AS OF JULY 20TH, WHEN WE HAD TO HAVE THIS PRESENTATION READY, WE HAD 23,290 SCANS SO FAR THIS SUMMER AT THE WATER PARK.

SO THAT'S A FUN NUMBER TO SEE IN WRITING INSTEAD OF JUST GUESSING.

WE ALWAYS KNEW IT WAS A LOT. WE JUST DIDN'T KNOW HOW MUCH. NEXT UP IS JUST SOME HISTORICAL DATA FOR YOU, SO YOU CAN TELL FROM WHEN WE OPENED IN 2023 TO WHERE WE ARE NOW.

NOW, I WILL SAY, WHEN WE LOOK AT MEMBERSHIP UNITS, I WANT TO REMIND YOU WHAT A MEMBERSHIP, WHAT WE CALL WHAT WE CLASSIFY TO BE A MEMBERSHIP UNIT.

SO IF MAYOR HAS A FAMILY MEMBERSHIP, HE MIGHT HAVE FOUR PEOPLE ON HIS UNIT, RIGHT? IF I HAVE AN INDIVIDUAL MEMBERSHIP, THERE'S ONLY ONE PERSON ON MY UNIT, BUT WE ARE TWO UNITS TOTAL.

SO TODAY WHEN I LEFT THE Y, I CHECKED TO SEE WHERE WE WERE.

YEAR TO DATE, WE'RE ACTUALLY AT 3,916 MEMBERSHIP UNITS.

THAT'S 16,000 PEOPLE IN AND OUT OF OUR FACILITY, SO.

I ALSO WANT TO REMIND YOU THAT THESE UNITS DO NOT INCLUDE WHAT WE CALL INSURANCE BASED MEMBERSHIPS.

SO SILVERSNEAKERS, RENEW ACTIVE PRIME, SILVER AND FIT.

AND THESE ARE JUST TRADITIONAL FAMILY HOUSEHOLDS, INDIVIDUAL HOUSEHOLDS, SENIOR HOUSEHOLD MEMBERSHIPS.

SO I HOPE THAT MAKES SENSE TO EVERYONE. BUT I ALSO WANT TO MENTION THAT FOR 23, 24, 25, THOSE NUMBERS WERE PULLED IN DECEMBER, WHICH IS ALWAYS OUR SLOWEST MONTH. AND THEN OF COURSE, AS I JUST MENTIONED, WE'RE AT 3,900 RIGHT NOW.

THAT WILL GO DOWN. WE ARE VERY BUSY IN THE SUMMER.

IT IS NORMAL FOR PEOPLE TO CANCEL THEIR MEMBERSHIPS AT THE END OF THE MONTH. WE DO OUR BEST TO CAPTURE AS MANY AS WE CAN, BUT A LOT OF PEOPLE JOIN FOR A DAY CAMP, DISCOUNT THE OUTDOOR POOL, AND THEN OF COURSE, WHEN SCHOOL STARTS, THINGS GET BUSY AND THEN WE'RE NORMALLY GOOD THROUGH SEPTEMBER AND THEN THE HOLIDAY SEASON HITS AND IT'S LIKE, OH, WE'RE GOING OUT OF TOWN.

CHRISTMAS IS COMING UP. MAYBE SAVE SOME MONEY, CANCEL IN DECEMBER, AND THEN THE SUPER BOWL OF FITNESS COMES AROUND IN JANUARY AND EVERYBODY REJOINS. SO THAT'S. THAT'S THE CYCLE OF THE WORLD THAT YOU'RE IN.

THE CYCLICAL CYCLE. YES. CYCLICAL CYCLE. I DON'T KNOW IF THAT'S A TERM, BUT YES.

OKAY, MEMBER DEMOGRAPHICS. WE SHARED THIS LAST TIME AND WANTED TO SHARE IT. AGAIN, THIS HASN'T CHANGED A TON. WE'RE AROUND 71% OF BEDFORD RESIDENTS ARE MEMBERS.

AND THEN WHEN YOU LOOK AT THAT AGE GROUP, YOU CAN SEE WHERE WE DO A REALLY GREAT JOB, RIGHT? YOUNG FAMILIES AND THAT 30 TO 54 YEAR OLD DEMOGRAPHIC.

AND THEN OUR ACTIVE OLDER ADULTS, WE'RE DOING REALLY WELL IN THOSE AREAS.

WE COULD STILL DO SOME WORK IN THAT 18 TO 29, GETTING THOSE YOUNG ADULTS IN, ENGAGING THEM IN DIFFERENT WAYS.

SO WE KNOW THAT THAT IS A GOAL STILL IS A GOAL, HASN'T CHANGED, HAVEN'T REALLY MOVED THE NEEDLE ON THAT.

BUT JUST TO GIVE YOU AN IDEA OF KIND OF WHO WE'RE SERVING AT THE Y.

THIS IS MY LAST SLIDE, BUT WE HAVE A LOT MORE FOR YOU, SO DON'T WORRY, BUT YOU'RE ACTUALLY GOING TO GET TO HEAR FROM THE OTHER JACQUELINE TONIGHT. I THINK SEVERAL OF YOU HAVE PROBABLY MET HER, BUT SHE HAS NOT HAD THE PRIVILEGE OF PRESENTING.

SO SHE IS HERE TONIGHT. SHE IS MY SUPERVISOR.

JACQUELINE HAS OVER 20 YEARS OF EXPERIENCE AT THE YMCA.

SHE CURRENTLY SERVES AS OUR VICE PRESIDENT OF TRAINING AND DEVELOPMENT FOR THE ORGANIZATION,

[00:30:03]

SO YOU CAN ASK FOR ALL THE QUESTIONS YOU WANT.

SHE'S VERY SMART. OKAY. THANK YOU. AND I KNOW THIS IS WHAT YOU'VE ALL BEEN WAITING FOR, THE FINANCES.

BUT BEFORE I JUMP RIGHT IN, JUST A COUPLE HOUSEKEEPING THINGS.

I DO WANT TO INTRODUCE WADE GRIFFIN. HE IS HERE IN THE CROWD TONIGHT.

WADE IS OUR INTERIM CFO FOR THE FORT WORTH Y.

IT IS AN INTERIM ROLE. WE'RE ACTUALLY IN A SHARED SERVICES AGREEMENT WITH THE DALLAS YMCA, SO THAT'S HIS DAY JOB, THE CFO OF THE DALLAS Y.

BUT HE'S BEEN WITH US FOR THE PAST FEW MONTHS. WE'RE SUPER EXCITED TO HAVE HIM WITH US FOR THE TIME HE'S BEEN AND FOR THE FORESEEABLE FUTURE.

HE'S HERE TONIGHT TO ANSWER ANY QUESTIONS YOU MAY HAVE IN ADDITION TO WHAT I'M GOING TO, TO PRESENT.

THE OTHER THING I WANT TO POINT OUT, WE HAVE SOME GRAPHS THAT I'M GOING TO WALK THROUGH, YOU'LL SEE AS WE GO THROUGH THE FINANCES, BUT IN YOUR PACKET, YOU ALSO HAVE THE STATEMENT OF ACTIVITIES, WHICH HAS A LITTLE BIT MORE DETAIL BY QUARTER AND MORE NUMBERS.

IF YOU REMEMBER PREVIOUS PRESENTATIONS, SEEING, ALL THOSE NUMBERS UP ON THE SCREEN HAS BEEN A LITTLE MESSY.

SO IT'S IN IT'S IN YOUR PACKET. AND I'M HAPPY TO REFERENCE THAT AND WALK THROUGH ANY QUESTIONS YOU MAY HAVE AS, AS WE GO THROUGH. SO FINANCES AS I MENTIONED, AND YOU ALL MAY REMEMBER, WE BROUGHT A NEW TEAM INTO THE BEDFORD CENTER YMCA IN DECEMBER OF 2024. AND AS WE WERE PREPARING FOR THIS PRESENTATION, I JUST HAVE TO SAY PUBLICLY HOW PROUD I AM OF WHAT THAT TEAM HAS ACCOMPLISHED OVER 2025.

WE REDUCED OUR OPERATING DEFICIT BY OVER $200,000 IN JUST ONE YEAR.

AND LIKE SHE SAID, I KNOW WE'RE HALF THIS IS ABOUT 25.

WE'RE HALFWAY INTO 26. 26 IS LOOKING REALLY, REALLY GREAT TOO.

SO I'M SUPER PROUD OF THIS TEAM. AND WE'LL WALK THROUGH EXACTLY WHAT THAT WHAT THAT LOOKS LIKE.

SO WE'LL START WITH OUR REVENUE FOR THE FINANCES.

SO WE CATEGORIZE OUR REVENUE INTO FOUR DIFFERENT BUCKETS.

THE FIRST BUCKET YOU SEE UP THERE, WE'VE ALREADY KIND OF TOUCHED ON A LITTLE BIT. THAT'S CONTRIBUTIONS AND GRANTS.

SO THIS INCLUDES THAT ANNUAL CAMPAIGN OF ALMOST $90,000 WE RAISED LAST YEAR.

BUT IT ALSO INCLUDES ANY ANY GRANT FUNDING THAT WE HAVE COME IN.

SO IF WE WERE LOOKING AT THIS SIDE BY SIDE 24 TO 25, WE HAD AN INCREASE OF ALMOST $30,000 FROM 24 TO 25 IN OUR CONTRIBUTIONS AND GRANT BUCKET.

SO THAT'S NOT JUST ANNUAL CAMPAIGN, BUT WE ALSO SEE SOME FUNDING SPECIFIC TO SWIM LESSONS IN AQUATICS THAT WE WERE ABLE TO USE TO HELP GROW THAT, THAT SWIM LESSON NUMBER THAT WE TALKED ABOUT EARLIER. THE NEXT BUCKET IS QUITE OBVIOUS.

OUR MEMBERSHIP DUES. SO THIS INCLUDES THE DUES THAT PEOPLE PAY ON THEIR MEMBERSHIPS, BUT ALSO THOSE THIRD PARTY PAY MEMBERSHIPS THAT JACQUELINE MENTIONED AS WELL.

THIS INCREASE FROM 24 TO 25, ALMOST $40,000. SO ANOTHER SIGNIFICANT INCREASE THAT WE'RE REALLY PROUD OF HERE.

OUR NEXT BUCKET IS MY FAVORITE BUCKET BECAUSE I'M A PROGRAM PERSON.

MOST OF MY CAREER HAS BEEN IN PROGRAMS. SO PROGRAMS, IF WE WERE LOOKING AT THAT SIDE BY SIDE, WE HAD AN INCREASE OF ALMOST $70,000 IN IN PROGRAMS. SO $730,000 HERE. THIS INCLUDES MAINLY SWIM LESSONS, DAY CAMP, SMALLER PROGRAMS LIKE PARENTS NIGHT OUT THAT WE OFFER.

AND THEN I KNOW RENTALS HAVE BEEN A CONSERVATIVE COUNCIL IN THE PAST.

OUR RENTAL REVENUE GOES INTO THIS BUCKET AS WELL.

SO OVERALL, AN INCREASE OF $31,000 IN SWIM LESSONS YEAR OVER YEAR, $21,000 IN FACILITY RENTALS YEAR OVER YEAR, AND THEN $43,000 IN DAY CAMP YEAR OVER YEAR. SO A TON OF GROWTH IN OUR PROGRAMS AND SERVICES THAT WE'RE OFFERING.

AND THEN THE FINAL BUCKET IS JUST THAT CATCH ALL OF MISCELLANEOUS INCOME.

THIS IS THINGS LIKE RETURN DRAFT FEES, THE CONCESSION STAND FOR THE WATER PARK.

SALES TO MEMBERS. SO YOU MAY HAVE SEEN OUR PICKLEBALL TEE SHIRTS.

WE WERE SELLING THINGS LIKE THAT FALL INTO THIS BUCKET.

AND THEN IN PREVIOUS YEARS, YOU, YOU MAY REMEMBER SEEING VISION FUNDING.

THAT WAS I LIKE TO CALL IT SEED MONEY FOR INNOVATION.

THAT MONEY FALLS INTO THIS BUCKET AS WELL. SO OVERALL, AN INCREASE OF $121,000 IN, IN REVENUE FROM 24 TO 25.

AND BEFORE WE JUMP INTO OUR EXPENSES, I, THIS SLIDE SHOULD LOOK FAMILIAR TO YOU ALL.

WE'VE SHARED THIS IN THE PAST. SO THIS JUST LOOKS OVER HOW MUCH MONEY WE'VE GIVEN OUT IN RESIDENT DISCOUNTS AND SCHOLARSHIPS FROM 24-25 AND THEN 2026 YEAR TO DATE. SO YOU CAN SEE WE'VE GIVEN A LOT MORE OUT IN RESIDENT DISCOUNTS FROM 24 TO 25.

THAT'S TRENDING REALLY WELL FOR 26. BUT WHAT I WANT TO HIGHLIGHT HERE MORE THAN RESIDENT DISCOUNT IS THE AMOUNT OF SCHOLARSHIPS THAT WE'RE PROVIDING.

SO SOTELLA MENTIONED THIS IN HER PRESENTATION, BUT WE GAVE OUT $40,000 MORE IN 2025 COMPARED TO 2024.

SO NOT ONLY DID WE HAVE A GROWTH IN OUR PROGRAM REVENUE THAT WE HAD COMING IN, BUT WE ALSO GAVE OUT $40,000 MORE IN FINANCIAL ASSISTANCE TO THE COMMUNITY.

AND I THINK THIS IS A DIRECT CORRELATION OF THAT GROWTH IN OUR ADVISORY BOARD THAT WE SAW FROM 24 TO 25.

[00:35:04]

ALL RIGHT, SO OUR EXPENSES OBVIOUSLY A FEW MORE BUCKETS HERE COMPARED TO OUR REVENUE.

SO WE'LL WALK THROUGH THOSE ONE BY ONE. SALARIES IS THE FIRST BUCKET.

IF YOU WERE LOOKING AT SALARIES 24 TO 25, YOU WOULD NOTICE A DECREASE, WHICH MAY SEEM UNUSUAL, RIGHT. WE EXPECT SALARIES TO GO UP YEAR OVER YEAR.

AND BEFORE I EXPLAIN WHY I DO WANT TO SHARE THESE, THE SALARY DECREASE STILL INCLUDES PAY INCREASES FOR SOME OF OUR STAFF.

IT ALSO INCLUDES A FULLY STAFFED WATER PARK. SO 24 YOU MAY REMEMBER WE HAD WE HAD A HARD TIME STAFFING THAT WATER PARK.

AND SO OUR SALARIES WERE ACTUALLY HIGHER WITH OUR WATER PARK NOT BEING STAFFED AS MUCH.

SO I AM REALLY PROUD THAT WE WERE ABLE TO CUT SALARIES WHILE ALSO FULLY KEEPING THE WATER PARK FULLY OPERATIONAL AND INCREASING SALARIES WITH STAFF.

SO A DECREASE THERE OF $36,000 YEAR OVER YEAR, AND I ATTRIBUTE THIS TO US HAVING EXPERTISE IN OUR FULL-TIME ROLES.

WE ARE RUNNING A LEANER AND STRONGER OPERATION.

WE HAD THAT NEW TEAM COME IN. WE WERE ABLE TO REALLY LOOK AT HOW MANY PEOPLE DO WE NEED AT THE FRONT DESK? HOW MANY LIFEGUARDS DO WE NEED TO SAFELY OPERATE OUR FACILITY? WHAT DOES DAY CAMP STAFFING LOOK LIKE? AND WE WERE ABLE TO REDUCE WHERE WE COULD TO ENSURE THAT OUR OPERATION STILL IS STRONG, BUT WE'RE SAVING MONEY. SO DECREASE OF $36,000 THERE.

AND OF COURSE, BENEFITS AND PAYROLL TAXES, YOU KNOW, FOLLOW THAT THAT TREND OF SALARIES.

THE NEXT BUCKET THAT YOU'LL SEE IS PROFESSIONAL FEES.

SO THIS INCLUDES THINGS LIKE COLLECTIONS, CONTRACT SERVICES, INSURANCE ALLOCATIONS, CREDIT CARD FEES.

WE DID HAVE AN INCREASE HERE FROM INSURANCE. AND THE MAIN REASON FOR THAT IS IT'S ALLOCATED IN A DIFFERENT SPOT THAN IT WAS FROM 24 TO 25.

OUR NEXT BUCKET IS SUPPLIES. AND SIMILAR TO SALARIES, I'M PROUD TO ANNOUNCE THAT WE HAD A DECREASE HERE.

SO THIS BUCKET IS SUPPLIES FROM EACH OF OUR DEPARTMENTS.

AND BECAUSE OF THE TEAM THAT WE HAVE RUNNING A STRONGER, LEANER OPERATION, WE WERE ABLE TO CUT QUITE SIGNIFICANTLY WHERE WE CAN.

THE BIGGEST CUT HERE WAS TO AQUATICS. SO NOT ONLY AM I A PROGRAM PERSON, I'M SPECIFICALLY AN AQUATIC PROGRAM PERSON.

MOST OF MY CAREER WAS IN AQUATICS, AND I COULD TALK TO YOU ALL, ALL DAY LONG ABOUT HOW MUCH HAVING A STRUGGLE WITH CHEMICALS AND HAVING STUFF ON HAND CAN BLOW YOUR AQUATICS BUDGET. MY COLLEAGUES ARE PROBABLY ROLLING THEIR EYES.

I'M HAPPY TO GO INTO THAT IN DEPTH IF YOU WANT ME TO, BUT I'LL SAVE IT.

UNLESS YOU ASK. BUT WE DID HAVE SUBSTANTIAL SAVINGS THERE, SO $75,000 IN SUPPLIES YEAR OVER YEAR.

PHONE COSTS AND INTERNET. THAT'S SELF-EXPLANATORY.

THE NEXT THING THAT I REALLY WANT TO DIG INTO AND HIGHLIGHT IS THE BUILDING COSTS.

AND I'M GOING TO TALK NOT JUST THE YEAR OVER YEAR INCREASE, BUT MULTIPLE YEAR INCREASE.

SO IF WE WENT BACK TO 2023, WE'VE ACTUALLY SEEN A $344,000 INCREASE IN BUILDING COSTS.

SO WHEN WE TALK ABOUT BUILDING COSTS AND IN YOUR STATEMENT OF ACTIVITIES, YOU CAN SEE WHERE THESE ARE BROKEN DOWN.

SO DIFFERENT UTILITIES GAS, ELECTRIC SEWAGE TRASH, ALL THAT GOOD STUFF.

IT ALSO INCLUDES OUR JANITORIAL SERVICES. IT INCLUDES YOU KNOW, MATS FOR THE BUILDING, ANY REPAIRS THAT WE HAVE, THE CITY OF BEDFORD MAINTENANCE PASS THROUGH ROLLS INTO THIS.

AND JUST LIKE YOU'VE PROBABLY EXPERIENCED AT HOME, UTILITIES HAVE GONE UP, UTILITIES HAVE GONE UP, COST OF REPAIRS HAVE GONE UP. SO A $344,000 INCREASE FROM 23, BUT A SIGNIFICANT INCREASE JUST YEAR OVER YEAR.

UTILITIES UP 58,000. REPAIRS UP 19. AQUATICS UP 35.

AND THEN THE CITY OF BEDFORD MAINTENANCE PASS THROUGH IS UP $50,000.

SO SIGNIFICANT INCREASES IN THOSE BUILDING COSTS THERE.

OUR NEXT BUCKET MARKETING $5,000, I UNDERSTAND, LOOKS REALLY, REALLY LOW FOR THE SIZE OF AN OPERATION THAT WE'RE RUNNING.

SO I WANT TO EXPLAIN EXACTLY WHAT IS ALLOCATED IN THIS MARKETING BUCKET.

THIS BUCKET. LOOK, IT'S WHERE WE CHARGE THINGS LIKE SOCIAL MEDIA ADS, RIGHT? WE BOOST A FACEBOOK POST, WE BOOST AN INSTAGRAM POST.

PEACH JAR. IF YOU'RE NOT FAMILIAR WITH PEACH JAR, THAT'S HOW WE SEND FLIERS TO THE LOCAL SCHOOL DISTRICT TO SHARE ABOUT OUR MEMBERSHIP AND OUR SERVICES AND PROGRAMS THAT WE OFFER. WE ALSO HAVE AN AD IN A LOCAL NEWSPAPER, SO IT'S ANYTHING LOCAL THAT WE'RE DOING AT, AT THE BRANCH, BUT IT'S NOT ALL ENCOMPASSING OF OUR WHOLE MARKETING STRATEGY FOR, FOR THE BRANCH.

AND I'LL GET INTO THAT IN, IN A BUCKET HERE IN A MINUTE.

SO JUST HANG TIGHT THERE. TRANSPORTATION. THIS IS MOSTLY BUS SERVICE FOR DAY CAMP, BUT IT ALSO INCLUDES MILEAGE REIMBURSEMENT FOR OUR STAFF.

IT'S PRETTY CONSISTENT YEAR TO YEAR. MEETINGS NOT ONLY INCLUDES MEETINGS BUT TRAINING UNIFORMS.

[00:40:05]

SO THANK A LIFEGUARD, RIGHT? WE USUALLY DO AN ICE CREAM BAR FOR THEM.

SO THINGS LIKE THAT FALL INTO THIS CATEGORY. AND THEN THE NEXT BUCKET IS OUR SHARED ASSOCIATION RESOURCES.

AND I'M GOING TO DIG INTO THIS QUITE A BIT AS WELL.

SO WHAT IS THIS BUCKET? THIS IS ESSENTIALLY OUR OVERHEAD FOR OUR ASSOCIATION OFFICE.

SO THE OFFICE THAT SUPPORTS NOT ONLY THE BEDFORD CENTER YMCA BUT ALL OF THE YMCAS ACROSS OUR ORGANIZATION.

SO WE HAVE EXPERTS IN DIFFERENT AREAS AT OUR ASSOCIATION OFFICE LIKE MARKETING, FINANCE, RISK PROPERTIES, TRAINING HUMAN RESOURCES EXPERTS AT THAT LEVEL.

SO THAT KEEPS US FROM HAVING THOSE STAFF AT THE BRANCH.

IT KEEPS THOSE BRANCH COSTS LOW AND ALLOWS US TO HAVE THAT EXPERTISE TO SUPPORT NOT ONLY OUR YMCA, BUT OTHER YMCAS AS WELL. SO OUR MARKETING BUDGET IS LOW AT THE BRANCH BECAUSE THIS THIS BUCKET ALSO SUPPORTS MARKETING ACROSS THE ASSOCIATION. SO WHAT THE MARKETING DEPARTMENT SPECIFICALLY DID FOR NOT ONLY OUR YMCA, BUT ALL THE YMCA INCLUDES OUR WEBSITE AND DIGITAL PRESENCE. SO WE HAD 1.2 MILLION WEBSITE SESSIONS.

WE HAD OVER 700,000 USERS AND 4 MILLION PAGE VIEWS ON OUR WEBSITE, AND THEY SUPPORTED THAT EFFORT.

ALSO DIGITAL ADVERTISING THROUGH GOOGLE GRANTS AND YOUTUBE'S, YOUTUBE THEY REPORTED 39,000 AD CLICKS EMAIL MARKETING.

SO ALMOST 2 MILLION EMAILS SENT WITH A 43% OPEN RATE AND THEN BEDFORD SPECIFIC SOCIAL MEDIA STATS.

WE HAD 732,000 VIEWS ACROSS FACEBOOK AND INSTAGRAM.

AND NEARLY 2,000 LINK CLICKS. SO THOSE ARE CLICKS OF PEOPLE SEEING ADS THEY CLICKED TO FIND OUT MORE ABOUT WHAT'S GOING ON.

BUT IT'S NOT JUST MARKETING THAT'S INCLUDED THERE. LIKE I MENTIONED IT ALSO INCLUDES OUR FINANCE TEAM, OUR HUMAN RESOURCES RISK. SO WE'RE ABLE TO KEEP OUR TOTAL COST OF RISK ACROSS THE ASSOCIATION PRETTY LOW COMPARED TO OTHER ASSOCIATIONS BECAUSE OF THE EXPERTISE THAT WE HAVE THERE. SO OUR PREMIUMS ARE ARE LOW. AND THEN, AS I MENTIONED, I OVERSEE TRAINING FOR OUR ASSOCIATION.

SO WE DON'T HAVE ANY TRAINING EXPENSES AT THE BRANCH LEVEL.

ANY CONFERENCES THAT STAFF ATTEND OR ONBOARDING, TRAINING, BASIC TRAINING TO DO THEIR ROLE, THAT ALL COMES OUT. OUR LIFEGUARDS ARE 100 LIFEGUARDS.

THAT COST IS ASSUMED IN THIS BUCKET AS WELL. MOVING ALONG ALONG SO EQUIPMENT.

SO THIS INCLUDES EQUIPMENT LEASES. IT ALSO INCLUDES ANY REPAIRS TO EQUIPMENT AND OUR SOFTWARE AS WELL.

SO OUR CRM OUR HUMAN RESOURCE EQUIPMENT. THERE WAS AN INCREASE HERE AND THAT WAS JUST BASED ON AN, A DIFFERENCE OF ALLOCATION YEAR OVER YEAR. AND THEN FINALLY THAT MISCELLANEOUS BUCKET, KIND OF A CATCH ALL.

SO THINGS LIKE POSTAGE, SALES TAX, TAX INSPECTION FEES, WE DID HAVE A PRETTY LARGE INCREASE HERE.

AND THAT'S BECAUSE OF BAD DEBT EXPENSE. SO IN 2024 WE WERE ON CASH ACCOUNTING, AND WE SWITCH TO ACCRUAL BASED ACCOUNTING MID-YEAR IN 2025. AND WITH ACCRUAL BASIS ACCOUNTING, WE HAVE TO ACCOUNT FOR BAD DEBT.

SO THAT'S WHAT FELL INTO THIS BUCKET. SO THIS IS A BREAKDOWN OF ALL OF OUR EXPENSES.

BEFORE I OPEN IT UP FOR QUESTIONS, I DO WANT TO POINT OUT IN YOUR STATEMENT OF ACTIVITIES THAT YOU HAVE THERE, YOU'LL SEE AT THE BOTTOM PULLED OUT THE $5 DISCOUNT REIMBURSEMENT FROM PREVIOUS, I'M SORRY, FROM LAST YEAR. SO THAT REIMBURSEMENT, SORRY, MY NOTES WAS $95,000.

SO THAT'S A REIMBURSEMENT THAT THE CITY PAYS AND COMES BACK TO THE YMCA AND THEN THE LEASE DISCOUNT OR THE LEASE PAYMENT IS BROKEN OUT AND THAT IS A REIMBURSEMENT AS WELL.

SO THOSE TWO ARE BROKEN OUT. WITH THOSE WE HAD AN OP.

WITHOUT LOOKING AT THOSE WE HAD AN OPERATING DEFICIT OF ALMOST $600,000 FOR THE YEAR.

WHEN YOU ADD THOSE REIMBURSEMENTS IN THAT MONEY THAT WILL HAVE COME BACK.

IT'S RIGHT AROUND $300,000 OPERATING DEFICIT THAT WE HAD LAST YEAR.

NOW, THAT'S A LOT OF MONEY, RIGHT? BUT I AM I STARTED THIS BY SAYING, I'M SUPER PROUD OF OUR TEAM.

AND WHILE THAT IS A LOT OF MONEY, THAT IS A LARGE DEFICIT.

WE DID REDUCE OUR OPERATING DEFICIT BY 200, OVER $200,000 FROM 24 TO 25.

SO WE ARE MOVING IN THE RIGHT DIRECTION. THE TEAM HAS DONE A FANTASTIC JOB IN INCREASING REVENUES ACROSS ALL OF OUR REVENUE SOURCES, AND THEN CUTTING CONTROLLABLE EXPENSES WHERE, WHERE WE CAN TO REDUCE THAT DEFICIT.

SO WHAT QUESTIONS CAN I ANSWER FOR YOU? OKAY.

WELL, I KNOW THERE'S GOING TO BE THERE'S GOING TO BE A LOT OF QUESTIONS UP HERE.

SURE. AND JUST FOR FUTURE REFERENCE AND EVERYTHING, I'M.

FIRST OFF, THANK YOU FOR THE PRESENTATION. THANK YOU FOR GOING THROUGH ALL OF THAT.

WHAT I'M, WHAT I'M LOOKING AT THESE NUMBERS, I ONLY WISH I COULD COMPARE IT TO THE YEARS PRIOR BACK TO 2023.

[00:45:07]

WHAT'S HAPPENING IN ALL LEVELS? BECAUSE THAT WAY YOU CAN SEE, OH YEAH, YOU ARE SPENDING MORE ON JANITORIAL OR WHATNOT.

YOU KNOW, FROM A GIVEN YEAR. SO THAT'S, THAT'S MY BIGGEST, BIGGEST CRITIQUE IS JUST LOOKING AT IT.

I WANT TO BE ABLE TO LOOK AT THESE NUMBERS AND, AND SEE WHAT THAT IS AND WHAT, WHAT ALL THAT GOES ON.

WHEN I'M LOOKING AT YOUR, YOUR MARKETING REMIND ME AGAIN.

SO THAT JUST INCLUDES WHAT ALL ARE YOU MARKETING THERE FOR? AND IT SEEMS LIKE I SAID, IT SEEMS LIKE A VERY. IT SEEMS LOW.

YEAH. WHAT ARE, WHAT ARE YOU DOING WITH THAT MARKETING MATERIALS.

SO. AND WHAT EXACTLY ARE YOU. YES. FACEBOOK ADS.

SO BOOSTING FACEBOOK POSTS. WE'RE ALSO USING MONEY TO SEND FLIERS IN SCHOOLS.

SO PEACH JAR THAT THAT PROGRAM THROUGH THE SCHOOLS.

AND THEN WE HAVE A LOCAL AD RUNNING IN A LOCAL MAGAZINE.

SO THAT'S THAT BUCKET. BUT LIKE I MENTIONED, OUR ASSOCIATION SHARED RESOURCES HAS A LARGE MARKETING DEPARTMENT THAT HELPS ADVERTISE FOR THE BEDFORD CENTER YMCA WITH A LOT MORE EXPERTISE THAN WE HAVE.

WE HAVE PROGRAM EXPERTS AND MEMBERSHIP EXPERTS AND OPERATIONS EXPERTS AT THE, YOU KNOW, AT THE BEDFORD CENTER YMCA.

SO WE HAVE MARKETING EXPERTS AT OUR ASSOCIATION LEVEL THAT HELP SUPPORT THAT OUT OF THAT SHARED SERVICES BUCKET.

AND WHAT IS THE GOAL FROM THIS MARKETING? IS IT TO GET MORE MEMBERSHIPS? IS IT TO DO TO SELL MORE? YOU KNOW, RENTALS FOR DIFFERENT, YOU KNOW, BIRTHDAY PARTIES AND SUCH? WHAT IS THE GOAL OF THIS MARKETING? ALL OF THE ABOVE, YES.

THAT, AND ONE THING YOU DIDN'T MENTION IS TO RAISE MORE MONEY SO WE CAN GIVE MORE MONEY BACK TO THE COMMUNITY. BUT YES, ALL OF THE ABOVE. ALL OF THE ABOVE. ALL RIGHT. BECAUSE I KNOW IT WAS BROUGHT UP PREVIOUSLY IS THE, THE RENTALS THERE.

AND, AND THAT, THAT WAS KIND OF, OF A CONCERN AND A HOT SPOT IS THAT WE WOULD LIKE TO SEE THOSE RENTALS INCREASE.

YES. WHICH WOULD ALSO INCREASE YOUR REVENUES, OF COURSE. ABSOLUTELY. AND THEY DID FROM 24 TO 25.

I'LL ALSO SHARE PERSONALLY. MY DAUGHTER HAD HER BIRTHDAY PARTY THERE LAST SUMMER AND I WENT INTO MOM MODE IMMEDIATELY TO, TO, I THINK WE HAVE A LOT OF OPPORTUNITY THERE.

AND WE MADE A LOT OF IMPROVEMENTS IN THE MIDDLE OF JULY LAST YEAR TO THOSE BIRTHDAY PARTY RENTALS BECAUSE MAN, YOU CAN MAKE A KILLING JUST ON BIRTHDAY PARTIES THESE DAYS.

YOU ABSOLUTELY CAN. I'VE BEEN. YES. KNOWING FROM EXPERIENCE AND AND PARTICIPATING GREATLY, YOU KNOW. WE WERE WELL BELOW MARKET VALUE. AND AND JUST BY ADDING A SODA, A SLICE OF PIZZA AND, YOU KNOW, A LITTLE, A LITTLE TREAT, WE CAN WE CAN MAKE SOME MORE MONEY ON RENTALS.

ABSOLUTELY. AND I ATTENDED MULTIPLE THIS YEARS, THIS PAST YEAR AT THE YMCA.

I DID. OH, I LOVE TO HEAR THAT. SO, SO I, YOU KNOW, I TEND TO THINK THAT IT, IT IS WORKING BECAUSE I'M SEEING A LOT MORE BIRTHDAY PARTIES BEING, BEING OVER THERE. SO SO THAT IS GOOD. LET'S SEE HERE.

I'M GOT PROBABLY ADDITIONAL QUESTIONS, BUT I'M GOING TO HAND IT OVER TO COUNCIL.

AND I ALREADY AM LOOKING OVER AT MAYOR PRO TEM DAWKINS BECAUSE I KNOW SHE'S GOT QUESTIONS READY TO GO. THANKS MR. MAYOR. THANKS, JACQUELINE, FOR BRINGING THIS UPDATE.

I GUESS I'M A LITTLE CONFUSED BECAUSE A LOT OF THESE NUMBERS WE ALREADY GOT ON NOVEMBER 18TH.

SO REALLY THE UPDATE IS ACTUALS FOR FOURTH QUARTER.

SO WHEN WILL WE EXPECT TO SEE ACTUALS FOR 2026? SO WE DON'T HAVE A DATE SCHEDULED YET. BUT AS I MENTIONED, WE HAD A BIT OF TRANSITION IN OUR FINANCE DEPARTMENT.

SO THAT'S WHY WE'RE PRESENTING 25 SO LATE. WE'RE HOPEFUL THAT WE CAN PRESENT EARLIER NEXT YEAR, AND THEN WE'D BE MORE THAN HAPPY TO COME BACK LATER THIS YEAR TO PROVIDE KIND OF A REAL TIME UPDATE.

I WOULD HOPE WE CAN HAVE AN ADDITIONAL UPDATE ABOUT THE SAME TIME, NOVEMBER, JUST TO SEE HOW OUR 2026 IS TRENDING.

SO YOU DID EXPLAIN I WAS CURIOUS ABOUT THE RENTALS.

AND SO WE SEE THAT RECOGNIZED IN THE PROGRAM SERVICE FEES AND T-SHIRTS AND WHAT HAVE YOU.

SO THE APPROACH TO THE MISCELLANEOUS EXPENSE STOOD OUT TO ME.

AND SO BASICALLY WE ARE GOING TO A NEW ACCOUNTING RECOGNITION SYSTEM.

SO WHAT WE ANTICIPATE HAVING SUCH A HIGH MISCELLANEOUS EXPENSE GOING FORWARD BECAUSE OF BAD DEBT EXPENSE.

SO WE ARE CURRENTLY ON ACCRUAL BASED ACCOUNTING RIGHT NOW.

SO YES, THAT THAT WOULD CONTINUE. AS WE TRANSITION TO A PERMANENT CFO THAT MAY CHANGE BACK TO CASH IN THE FUTURE.

BUT AS OF RIGHT NOW, WE'RE YES, THAT, THAT WILL STAY CONSISTENT.

AND THEN THERE'S ONE OTHER. SO THE OTHER THING THAT I NOTICED THAT WAS A SIGNIFICANT INCREASE WAS THE EQUIPMENT LEASES.

SO ARE WE HAVING EQUIPMENT TURNOVER THAT WE NEED TO REPLACE? SO WE DID HAVE AN INCREASE. SO OUR LEASE AGREEMENTS ARE MULTI YEAR.

THIS LINE INCREASED BECAUSE OF REPAIRS RIGHT.

[00:50:03]

AND THEN ALSO WE REALLOCATED SOFTWARE EXPENSES.

SO SOFTWARE FOR OUR CRM AND OUR HUMAN RESOURCE SOFTWARE WAS PREVIOUSLY IN THAT SHARED ASSOCIATION RESOURCES.

AND IT'S IN THE APPROPRIATE SPOT NOW. IT SHOULD HAVE BEEN THERE ALL ALONG.

OKAY. SO WE SHOULD HAVE, THAT'S, THIS NUMBER IS A BASELINE NOW THAT WE HAVE THE CRM AND SOFTWARE.

ABSOLUTELY. AND THEN SHOULD WE ANTICIPATE. SO THE FACILITY IS NOT THAT OLD, IT'S 2023.

SO WE'RE ANTICIPATING LIKE A USEFUL LIFE OF EQUIPMENT TO BE 2 TO 3 YEARS.

IT'S PRETTY STANDARD. YEAH. OKAY. YEP. ALL RIGHT.

THANKS. YEP. YOU GOT IT. ALL RIGHT. YES. COUNCIL MEMBER DONOVAN BRANDON.

THANK YOU, MR. MAYOR. AND THANK YOU FOR YOUR PRESENTATION.

BACK IN THE PREVIOUS PRESENTATION IT SAID HOW MANY PEOPLE SIGN IN AND THEN HOW MANY PEOPLE GO TO GROUP EXERCISE? HOW DO YOU KEEP TRACK OF THAT? SAID SOMEONE WHO PARTICIPATED.

THAT'S A GREAT QUESTION. NOBODY EVER ASKED ME WHERE I'M GOING. THAT'S A GREAT QUESTION. SO OUR GROUP EXERCISE INSTRUCTORS ARE REQUIRED TO REPORT OUT HOW MANY PEOPLE WERE ATTENDING THEIR CLASS. SO THEY TAKE A HEADCOUNT. AND THEN WE HAVE A LITTLE APP.

THEY SUBMIT THOSE NUMBERS AND THEN SOTELLA CALCULATES A PENETRATION RATE FOR US.

YES. WELL, TO THAT END, I AM A PARTICIPANT OF GOOD VIBES.

OKAY. WE'RE OVERCROWDED. YES. WE NEED TO TAKE OVER THE PICKLEBALL COURT.

[LAUGHTER]. I THINK THAT MIGHT BE FIGHTING. I'M GOING TO LET THEM KNOW THAT ONE HOUR.

AND I SEE SOMEONE BACK THERE WHO'S WIFE IS CROWDED IN THERE WITH ME.

SOMEONE'S GOING TO GET HURT. AND I'M NOT KIDDING. IN ONE HOUR.

WELL, TWO HOURS, ONE HOUR. I'M GOING TO LET THEM KNOW THAT CAME FROM YOU.

PLEASE DO. PLEASE DO. I DON'T KNOW THAT I'VE EVER BEEN COUNTED, BUT REALLY, WE'RE ON TOP OF IT.

YEAH, ABSOLUTELY I KNOW. AND WHAT A NICE PROBLEM TO HAVE.

100%. AND WHEN I GO PAST THE PEOPLE PLAYING PICKLEBALL, THEY HAVE LOTS OF SPACE.

[LAUGHTER]. SO BECAUSE WE'RE IN A DEMOCRACY, I'M SAYING DEMOCRACY IS VOTING FOR GOOD VIBES TO HAVE MORE SPACE.

I WILL TAKE IT BACK AND I WILL GET BACK TO YOU.

ONE. TWO. THREE. FOUR. FIVE. SIX. SEVEN. EIGHT.

GREAT. THANK YOU. THANK YOU FOR THAT. THANK YOU.

ALL RIGHT. ADDITIONAL QUESTIONS? YES, COUNCILMEMBER LEMMAN.

I JUST WANT TO SAY THANK YOU SO MUCH. OKAY. I LOVE THE Y.

AND AS A VENDOR FOR TEXAS WORKFORCE, YOUR SOCIAL RESPONSIBILITY TOUCHES MY HEART.

I THINK Y'ALL DO REALLY, REALLY WELL IN THIS AREA.

AND THE FACT THAT Y'ALL ARE SO PATIENT AND FLEXIBLE WITH OUR DEMOGRAPHIC.

JUST I CAN'T SAY ENOUGH ABOUT Y'ALL AND Y'ALL HAVE DONE IT SINCE INCEPTION, SINCE YOU'VE BEEN AT GENERATIONS PARK AND I JUST THANK YOU.

THANK YOU SO MUCH. SO I DID HAVE A QUESTION ON JANITORIAL SERVICES.

SO WHENEVER, OBVIOUSLY I HAVE MORNINGS WITH THE MAYOR THERE AND I HEAR FROM A BUNCH OF RESIDENTS AND SO FORTH.

AND EVEN EVEN STAFF THAT ARE AT THE Y AND SO THIS PERSON WILL REMAIN ANONYMOUS, BUT THEY MENTIONED THAT WHAT ONE THING THAT THEY RECOMMENDED IS INSTEAD OF CONTRACTING OUT JANITORIAL SERVICES WAS TO HIRING WITHIN.

THAT WAY IT JUST MAKES IT MORE SEAMLESS. AND THAT WAY IT'S, THERE'S MORE ACCOUNTABILITY AND SO FORTH.

IS THAT SOMETHING THAT YOU GUYS ARE THINKING ABOUT DOING OR ARE IN THE PROCESS OF DOING? WE HAVE HAD THOSE CONVERSATIONS IN THE PAST, AND IT'S KIND OF A GIVE AND TAKE THERE.

SO AS OF RIGHT NOW, WE ARE GOING TO STAY WITH A THIRD PARTY.

BUT WE HAVE SHIFTED TO A DIFFERENT THIRD PARTY PROVIDER.

WE HAVE HAD CHALLENGES RECENTLY WITH WITH OUR JANITORIAL SERVICES, SO IT WAS TIME FOR A CHANGE.

AND THAT NEW COMPANY STARTS AUGUST 1ST. OKAY.

ALL RIGHT. VERY GOOD. THAT'S GOOD TO HEAR, BECAUSE ONE OF THE THINGS THAT I REMEMBER WHEN THIS WHOLE BUILDING WAS EVEN IN INCEPTION AND COUNCIL MEMBER SABOL SHAKING HER HEAD AS WELL, IS THAT THAT BUILDING NEEDS TO BE KEPT CLEAN AND SPOTLESS, AND THERE JUST NEEDS TO BE CLEANING GOING ON CONSTANTLY.

AND, YOU KNOW, FROM AQUATICS THAT THAT NEEDS TO BE GOING ON ALL THE TIME.

SO IT'S GOOD TO HEAR THAT YOU GUYS ARE IN CONTRACT SERVICES.

I, YOU KNOW, I WOULD HIGHLY RECOMMEND IF THERE EVER IS A POSSIBILITY TO BRING IT IN-HOUSE FOR MORE ACCOUNTABILITY.

THAT WAY WE CAN BRING, YOU KNOW, YOU CAN HAVE THOSE STANDARDS.

AND SO THAT'S, THAT'S SOMETHING THAT I WOULD LIKE TO SEE.

THAT WAY WE KNOW THE STANDARDS ARE BEING MET IN THAT FACILITY IS KEPT CLEAN.

NOW, THAT BEING SAID, I'M IN THAT FACILITY TO WORK OUT AND I WOULD SAY THAT IT IS KEPT FAIRLY CLEAN IN THE AREAS THAT I'M IN.

SO SO YEAH, NOT A KNOCK ON ON ON THE YMCA WHATSOEVER.

I THINK YOU GUYS ARE DOING A FANTASTIC JOB SERVING OUR RESIDENTS AND PROVIDING VALUABLE, VALUABLE, VALUABLE, JUST BENEFIT TO OUR COMMUNITY. JUST VALUABLE BENEFIT FOR ALL THE PROGRAMS THAT YOU HAVE THERE.

[00:55:05]

AND YOU ARE ABSOLUTELY RIGHT. WHEN THE COMMUNITY IS IN NEED OF THESE SORTS OF ACTIVITIES, KIDS THESE DAYS, THEY ARE THEY ARE IN A STATE OF BOREDOM. BEHIND THEIR PHONES AND PARENTS WANT TO.

AND IT'S TRUE. AND I DID IT WHEN I SEE IT WHEN I WAS A TEACHER.

SO HAVING THESE OUTLETS FOR THEM TO GET OUT OF THE HOUSE, GET THEIR BODIES MOVING, SOCIALIZE WITH EACH OTHER.

IT IS, IT IS ABSOLUTELY NEEDED BECAUSE QUITE FRANKLY, THERE'S JUST, THERE'S NOT THAT MANY AVENUES AND IT DOESN'T EXIST. SO I'M GLAD TO SEE THAT YOU ALL SEE A NEED HERE AND YOU'RE ACTIVELY PURSUING THAT.

WHEN IT COMES TO YOUR MARKETING, PERHAPS FACEBOOK MIGHT NOT BE THE BEST ONE TO USE FOR THESE PERHAPS, PERHAPS WE SHOULD MAYBE GO TO INSTAGRAM AND TIKTOK.

PROBABLY TIKTOK MIGHT BE, MIGHT BE THE WAY TO GO TO GET THAT, TO GET THAT AGE GROUP.

YES. AND JUST, JUST A THOUGHT, BUT I THINK YOU GUYS ARE DOING A FANTASTIC JOB IN IDENTIFYING THAT.

I WILL SAY I'M SHOWING MY AGE BY TALKING ABOUT FACEBOOK.

WE HAVE MUCH YOUNGER STAFF. THEY REMIND US OF THAT.

AND THEY THEY DO REPRESENT US WELL ON THOSE OTHER OTHER PLATFORMS. OKAY, GREAT. THAT'S GOOD. THAT'S GOOD TO HEAR. THAT'S GOOD. COUNCIL MEMBER SABOL. THANK YOU, JACKIE, FOR THE REPORT. YOU MENTIONED YOUR OPERATING DEFICIT WAS 600,000 IN 2024, AND NOW IT'S AT 315,000.

SO YOU'VE GONE THROUGH JULY. WE'RE SOON TO GET IN AUGUST.

I USED TO WORK FOR A CEO THAT HE DIDN'T CARE ABOUT THE GRAPHS OR ANYTHING.

HE JUST WANTED THE NUMBERS. SO AS WE ARE TODAY.

HOW ARE WE WITH THIS DEFICIT AS OF 2026? WE'RE TRENDING AT ABOUT $30,000.

LESS THAN. NO, NO, NO, NO, A $30,000 DEFICIT.

OKAY. OKAY. NOW IT'S THE MIDDLE OF SUMMER. AND, YOU KNOW, SUMMER CAN BE UNPREDICTABLE FOR US, BUT WE'RE HAVING A REALLY A REALLY GREAT YEAR.

AND PART OF THAT IS NOT ONLY OUR INCREASED REVENUES AND DECREASING EXPENSES WHERE WE CAN, BUT I MENTIONED HAVING WE HAVE A VERY LEAN BUT STRONG STAFF TEAM AT THE BEDFORD CENTER YMCA. THAT IS THE SAME AT OUR ASSOCIATION OFFICE AS WELL.

SO ONE THING I FAILED TO MENTION AS I WAS GOING THROUGH AND TALKING ABOUT SHARED ASSOCIATION RESOURCES, THIS IS A SUBSTANTIAL DECREASE FROM 24 TO 25.

SO OF ABOUT $300,000 THAT WE WERE ABLE TO REDUCE THAT.

WE HAVE REDUCED THAT FURTHER. AND THAT IS THE SAME.

WE WE ARE RUNNING A LEANER, STRONGER STAFF TEAM AT OUR ASSOCIATION OFFICE.

SO PART OF THAT, THAT THAT LOWER DEFICIT THAT WE'RE, WE'RE TRACKING TOWARDS IS, IS LOWERING THAT SHARED ASSOCIATION RESOURCES, BUT ALSO INCREASING REVENUE AND ADJUSTING OTHER PLACES WHERE WE CAN.

THANK YOU. YEP. ALL RIGHT. COUNCIL MEMBER FARCO.

THANK YOU. AND I'M EXCITED THAT JACQUELINE SQUARED IS WE'RE HERE.

YES. AND I APPRECIATE WHAT YOU GUYS HAVE DONE AND THAT YOU'VE STEPPED UP.

AND ONE OF THE THINGS THAT I WAS LOOKING AT WAS THE FACT THAT WE WEREN'T GETTING THE EMAILS WE WERE GETTING IN PREVIOUS YEARS ABOUT THE CLEANLINESS OF IT OR THE PROBLEMS THAT WE'RE HAVING. AND WE'RE VERY THANKFUL FOR THAT.

TRUST US. SO ARE WE KIND OF QUESTIONING JUST TWO QUESTIONS.

ONE IS ON YOUR MISCELLANEOUS EXPENSES IN THE FOURTH QUARTER, IT JUMPED LIKE FROM NOTHING TO 50,000.

THAT'S KIND OF A RED FLAG FOR. IT'S BAD DEBT.

IT'S THAT BAD, THAT BAD DEBT FROM THE ACCRUAL BASED ACCOUNTING.

ALL RIGHT. AND THEN THE LAST THING IS THE CFO LAST YEAR STOOD UP THERE AND CALLED ME OUT AND SAID, WE WILL BE AT ZERO DEFICIT THIS YEAR COMING. SO I'M EXCITED TO HEAR THE NUMBERS.

THERE'S 30,000 MORE YOU GOT TO DO, BUT WE'RE LOOKING FOR THAT.

SO WE APPRECIATE THE WORK YOU GUYS HAVE PUT IN.

THANK YOU SO MUCH. YES. MAYOR PRO TEM DAWKINS.

THANK YOU, MR. MAYOR. ONE QUESTION. YOU KNOW, I JUST THOUGHT OF IT BECAUSE OF COUNCIL MEMBER FARCO.

IS THE ASSOCIATION PART OF ANY CHAMBERS? BECAUSE I DON'T KNOW IF OUR BEDFORD WAS PART OF HEB CHAMBER, BUT THAT. OKAY. YES, WE ABSOLUTELY ARE. AS A MATTER OF FACT, I ASKED THE TELLER FOR A LIST LAST WEEK.

SEND ME EVERYTHING WE'RE ENGAGED IN AND WE'RE LOOKING TO EXPAND THAT AS WELL.

AND IT'S NOT JUST HER. OUR MEMBERSHIP DIRECTORS ACTIVELY ENGAGED OUR FITNESS DIRECTOR, OUR AQUATICS DIRECTOR.

ALL OF OUR STAFF ACROSS THE BOARD ARE ENGAGED IN ANY COMMUNITY GROUPS THAT WE CAN BE. ALL RIGHT. THANK YOU. VERY GOOD.

ALL RIGHT. I THINK THAT'S PRETTY MUCH EVERYTHING.

THANK YOU ALL SO MUCH. APPRECIATE IT. AND WE WILL SEE YOU BACK IN NOVEMBER.

THAT'S RIGHT. OKAY. ALL RIGHT. NOVEMBER. ALL RIGHT, MOVING ALONG IN OUR AGENDA, WE HAVE.

[CONSIDER APPROVAL OF ITEMS BY CONSENT]

THANK YOU, MAYOR, COUNCIL. GOOD EVENING. I WILL START WITH ITEM NUMBER ONE.

CONSIDER APPROVAL OF THE FOLLOWING CITY COUNCIL MINUTES FROM THE JULY 20TH JULY 14TH 2026 REGULAR MEETING.

ITEM NUMBER TWO CONSIDER RESOLUTION AUTHORIZING THE CITY MANAGER OR HER DESIGNEE TO ENTER INTO AN INTERLOCAL AGREEMENT WITH THE HURST-EULESS-BEDFORD INDEPENDENT SCHOOL DISTRICT AND

[01:00:09]

ESSENTIALLY, THE INTERLOCAL AGREEMENT SIMPLY CONTINUES OUR PARTNERSHIP WITH THE SCHOOL DISTRICT AND HURST AND EULESS TO PROVIDE LAW ENFORCEMENT PRESENCE AT THE DISTRICT'S 22 ELEMENTARY SCHOOLS. EULESS WILL CONTINUE ADMINISTERING THE PROGRAM, AND THE SCHOOL DISTRICT WILL FULLY, FULLY REIMBURSE ALL PROGRAM COSTS. SO ESSENTIALLY, THERE IS NO FISCAL IMPACT TO THE CITY OF BEDFORD ON THAT ONE.

ITEM NUMBER THREE, CONSIDER RESOLUTION AUTHORIZING THE CITY MANAGER OR HER DESIGNEE TO ENTER INTO AN INTERLOCAL AGREEMENT WITH THE HURST-EULESS-BEDFORD INDEPENDENT SCHOOL DISTRICT TO PROVIDE THREE SCHOOL RESOURCE OFFICERS FOR HARWOOD AND BEDFORD, HARWOOD AND BEDFORD JUNIOR HIGH SCHOOLS, AS WELL AS THE GENE A. BUINGER CAREER AND TECHNICAL EDUCATION ACADEMY FOR THE 2026-27 SCHOOL YEAR, IN THE AMOUNT OF $463,500 PAID FOR ALSO BY THE SCHOOL DISTRICT.

AGAIN, THIS ITEM RENEWS OUR LONG-STANDING PARTNERSHIP WITH THE SCHOOL DISTRICT FOR THE THREE SCHOOL RESOURCE OFFICERS, AND UPDATES THE REIMBURSEMENT RATE TO $154,500 PER OFFICER FOR THE UPCOMING SCHOOL YEAR, WHICH IS A ESSENTIALLY A COST OF LIVING INCREASE THAT THEY WERE ABLE TO PROVIDE FOR THAT, THE SCHOOL RESOURCE OFFICERS WILL PLAY A CONTINUED ROLE IN PROVIDING CAMPUS SECURITY, LAW ENFORCEMENT AND FOSTERING POSITIVE RELATIONSHIPS WITH STUDENTS AND SCHOOL STAFF.

AND AGAIN, THE INPUT REVENUE FROM THAT WILL BE APPLIED TO THE GENERAL FUND TO CONTINUE TO COVER OFFICER SALARIES, INSURANCE, TRAINING, CERTIFICATIONS, ETC. THAT IS ALL I HAVE.

OH, I'M SORRY, I DO NOT. I HAVE MORE. I'M SORRY.

ITEM NUMBER FOUR RECEIVE THE CERTIFIED ANTICIPATED COLLECTION RATE FOR THE TARRANT COUNTY TAX ASSESSOR COLLECTOR FOR THE CITY OF BEDFORD, TEXAS. AND ITEM NUMBER FIVE RECEIVED THE 2026 AD VALOREM TAX ROLL FOR THE TARRANT APPRAISAL DISTRICT AS CERTIFIED BY THE CHIEF APPRAISER, JOE DON BOBBITT. NOW, I AM AVAILABLE FOR ANY QUESTIONS.

OKAY, VERY GOOD. THANK YOU. A FEW QUESTIONS ON MY END FOR ITEM NUMBER TWO.

SO THERE'S NO FISCAL IMPACT. AND SO THE CITY OF EULESS IS PROVIDING THE OFFICERS.

WHAT IS OUR ROLE IN THIS AGREEMENT. WE ARE HERE ESSENTIALLY FOR SUPPORT.

OKAY. WHICH MEANS TRAINING. BOBBY. POLICE CHIEF POLICE CHIEF BOBBY LAPENNA.

THANK YOU. THANK YOU. SO IT'S EMOTIONAL SUPPORT.

WHAT ARE WE WHAT ARE WE DOING? WE DO SUPPORT EULESS IN CONDUCTING BACKGROUND INVESTIGATIONS AND ASSISTANCE IN THE HIRING PROCESS OF THE OFFICERS THAT THEY'RE BRINGING ON. THAT'S MOSTLY WHAT OUR PART IS. OKAY. ALL RIGHT.

SO MOSTLY JUST THE BACKGROUND INVESTIGATIONS FOR THE POTENTIAL OFFICERS.

AND. WE HAVE, WE'VE ALSO PROVIDED A COUPLE OF OUR RETIRED OFFICERS OVER THERE.

OKAY. SO THAT'S IT. OKAY. ALL RIGHT. THAT'S ONLY FOR THAT ONE.

OH, I DO HAVE FOR ITEM NUMBER THREE WHILE I HAVE YOU UP HERE.

CHIEF HOW ARE, HOW IS THE SCHOOL DISTRICT DOING IN PROVIDING FOR FUNDING THESE SROS? NOW, I KNOW IN THE PAST WE, IT WASN'T AS MUCH.

WHERE DO YOU SEE IT? HOW COMFORTABLE ARE YOU WITH THIS NUMBER? HOW MUCH ARE THEY? ARE THEY DOING? I THINK IT'S IN A VERY GOOD PLACE.

WE'RE NOT LOOKING TO MAKE A PROFIT ON THIS. OBVIOUSLY, WE'RE LOOKING TO COVER COST.

WE ARE COVERING JUST ABOUT THE ENTIRE COST OF THE OFFICER'S SALARY.

THAT CAN VARY DEPENDING ON WHAT OFFICERS IN THE POSITION SOMETIMES, BECAUSE SOME OFFICERS ARE AT A HIGHER SALARY LEVEL THAN OTHERS. SO CURRENTLY, RIGHT NOW, OF THE THREE OFFICERS THERE, I BELIEVE MAJORITY OF THEM ARE TOPPED OUT IN THEIR SALARY RANGE, BUT THEY'RE COVERING THE MAJORITY OF ALL SALARY MAJORITY OF BENEFITS.

AND THEN IN SOME SITUATIONS WE'RE ALSO RECOUPING SOME OF THE TRAINING COSTS AND STUFF LIKE THAT.

OKAY, I GO WITH IT. ALL RIGHT. I FEEL REALLY GOOD ABOUT IT NOW.

I WOULD IMAGINE BEFORE. IT WAS VERY LOW BEFORE WHEN I, WHEN I FIRST STARTED ON COUNCIL AND IT WAS A LITTLE CONCERNING.

SO I'M GLAD THAT THAT THAT'S HAPPENED. AND YOU SAID WITH THIS ONE, THEY'RE AGREEING TO A 3% INCREASE FOR COST OF LIVING ADJUSTMENT.

YES. OKAY. ALL RIGHT. VERY GOOD. ALL RIGHT. VERY GOOD ON THAT ONE.

THANK YOU CHIEF. I APPRECIATE IT. ALL RIGHT. I DO HAVE ADDITIONAL QUESTIONS ON ITEM NUMBER FIVE AND I WILL.

THEN THERE'S BRADY OLSON. HE KNEW. HE KNEW HE KNEW HE WAS ABOUT TO GET QUESTIONED HERE.

ALL RIGHT. NORMALLY I WOULDN'T QUESTION THIS, BUT CONSIDERING WE'RE ABOUT TO GET INTO BUDGET YEAR AND WE'RE GOING TO HAVE THESE DISCUSSIONS, I FIGURED I'D KICK IT OFF HERE. OKAY.

LOOKING AT ITEM NUMBER FIVE, WHEN WE RECEIVED FROM THE DISTRICT THE CERTIFIED ROLLS I PRINTED OFF.

IT'S ON PAGE 115 OF OUR COUNCIL PACKET. TOTAL MARKET VALUE WE HAVE IS 07,397,048,000. SO WHAT IS THE TOTAL MARKET ON THIS PAGE REFERRING TO.

[01:05:02]

THEORETICALLY. IF THEY WERE REAPPRAISING EVERY PROPERTY IN THE CITY EVERY YEAR, THAT IS THE VALUE OF HOW MUCH IT WOULD SELL FOR.

OKAY. ALL RIGHT. SO THAT'S, THAT'S HOW MUCH THEY'RE SAYING IS WORTH.

AND THEN OF COURSE, THERE'S SOME MATH INVOLVED.

AND THEN WE GET TO THE NET TAXABLE. AND NET TAXABLE TAKES OUT THOSE EXEMPTIONS AND FREEZES.

CORRECT. HOMESTEAD EXEMPTIONS. YES. WE HAVE A NUMBER OF PROPERTY TAX EXEMPTIONS.

OKAY. SEEING. SEEING THIS ONE SO THAT THAT'S REALLY OUR KEY NUMBER THERE.

THAT IS WHAT WE ARE BUILDING OUR BUDGET BASED OFF BASED ON THAT.

BASED ON THAT NUMBER RIGHT THERE. AND LOOKING, I HAPPEN TO LOOK AT PRIOR YEAR.

SO PRIOR YEAR WITH THAT NET TAXABLE VALUE, WE'RE AT 6.7 BILLION OR SO IF THAT SOUNDS RIGHT.

YES, BUT THAT'S THE NUMBER BEFORE WE FACTOR IN THE SENIOR FREEZE.

SO NOW THEY CHANGED THE WAY THEY'RE DOING THINGS IN TAD.

SO THE REPORTS ARE NO LONGER APPLES TO APPLES, WHICH IS A LITTLE UNFORTUNATE.

SO BUT YES, THEY'RE NOW INCORPORATING THE SENIOR FREEZE INTO THE $5 BILLION NUMBER THAT THEY'RE GIVING US.

OKAY. GOTCHA, GOTCHA. SO IN THAT NUMBER, I WAS LOOKING, TRYING TO LOOK FOR THE FREEZE AMOUNTS.

AND SO THEY WEREN'T IN, OBVIOUSLY IT'S NOT APPLES TO APPLES ANYMORE.

WHAT I WOULD SAY IS THAT WOULD YOU BE ABLE TO PROVIDE US WITH THAT INFORMATION OF HOW THAT CHANGED THE FEES AMOUNT FOR THE SENIORS DISCOUNT, JUST HOW THAT HOW THAT TRENDED FROM LAST YEAR TO THIS YEAR.

WE CAN DO THAT. BECAUSE I'M LOOKING AT SOMETHING.

WHAT IS IT? I SEE THAT ON HERE. TAX LIMIT FREEZE ADJUSTMENT WAS 1.4.

1.4 BILLION. WE HAVE LOST A SIZABLE VALUE FROM THAT FOR SEVERAL YEARS.

HAS THAT INCREASED? I'D HAVE TO DOUBLE CHECK.

THAT'S KIND OF WHERE I'M LOOKING AT IS I WANT TO SEE WHAT THAT TREND LOOKS LIKE YEAR OVER YEAR, WHAT IT'S DOING TO OUR BUDGET GOING FORWARD.

AND FROM LAST YEAR, I MEAN, AGAIN, I WAS JUST GOING OFF OF LAST YEAR'S TO SEE IF.

BUT THIS NET TAXABLE VALUE, HOW DOES THAT COMPARE TO LAST YEAR'S? IT'S DOWN ALMOST 5%. 5%. OKAY. ALL RIGHT. SO WHEN WE GO INTO BUDGET, THAT IS WHAT WE'RE WE'RE LOOKING AT.

AND THIS IS GOING DOWN 5% DUE TO WHAT YOU AND I BOTH KNOW THE ANSWER, BUT I JUST WANT TO PUT IT ON RECORD.

SURE. COMMERCIALS STAYED PRETTY WELL, BUT IT WAS AT RESIDENTIAL REAPPRAISALS THEY DIDN'T CHANGE ANYONE'S RESIDENTIAL VALUES, AND THEN WHENEVER ANYONE PROTESTED THEIR VALUES, THEY WOULD ACCEPT THE VALUE THAT THEY PROTESTED AT.

OKAY, SO THE CITY IS DOWN REVENUE FOR THAT. AND THAT BEING SAID, WE'RE GOING INTO A BUDGET AND WE KNOW THE COST OF EVERYTHING IS GOING UP, INCLUDING COST OF LIVING ADJUSTMENTS FOR OUR EMPLOYEES.

SO SOMETHING'S GOT TO GIVE. WELL, IT WAS A CHALLENGING YEAR TO PUT TOGETHER A BUDGET, BUT Y'ALL WILL SEE THAT AT THE END OF THE WEEK.

YEAH, WE'LL SEE THAT NEXT WEEK. YEAH. TUNE IN.

ALL RIGHT. THAT WAS JUST A PREVIEW. ALL RIGHT. I WANTED TO PUT THAT OUT THERE. THANK YOU. THANK YOU, BRADY. WELL I GOT HIM UP HERE. ANY ADDITIONAL QUESTIONS? NOPE.

ALL RIGHT. FUN TIMES. ALL RIGHT. THANK YOU. ALL RIGHT.

SEEING NO ADDITIONAL QUESTIONS ON THIS ITEM. I'LL ENTERTAIN A MOTION. ALL RIGHT.

I HAVE A MOTION. A FIRST BY COUNCILMEMBER FARCO, A SECOND BY COUNCILMEMBER DONOVAN BRANDON.

LET'S GO AHEAD AND VOTE. ALL RIGHT. THAT PASSES UNANIMOUSLY.

THANK YOU, COUNCIL. THANK YOU, STAFF. ALL RIGHT, MOVING ON TO REPORTS.

[6. Mayor/Council Member Reports ]

HE WAS VERY HOSPITABLE TO WELCOME US TO HIS OFFICE TO DISCUSS WHAT, WHAT IS HAPPENING IN BEDFORD, WHAT WE, WHAT WE NEED. AND I DON'T KNOW ABOUT YOU ANDREW, BUT I THOUGHT IT WAS PRETTY, PRETTY PRODUCTIVE MEETING.

I THOUGHT HE WAS VERY OPEN TO A LOT OF OUR SUGGESTIONS, AND I THINK HE WAS SHOCKED AT SOME OF THE THINGS THAT WE ARE EXPERIENCING AS A CITY, INCLUDING THIS TAD REAPPRAISAL PLAN AND SO FORTH.

AND WHAT IT TAKES TO JUST MAKE SURE THAT OUR OFFICERS AND, AND ALL OF OUR EMPLOYEES, NOT JUST OUR SAFETY EMPLOYEES, BUT ALL OF OUR EMPLOYEES GET COST OF LIVING ADJUSTMENTS YEAR OVER YEAR.

AND IT DOES PROVIDE A COST PLUS OF EVERYTHING, ALL THE OTHER RED TAPE AND HURDLES THAT WE HAVE GOING THROUGH.

SO I'M LOOKING FORWARD TO WORKING WITH, HIM IN HIS OFFICE.

ANYTHING ELSE YOU'D LIKE TO ADD? NO, IT WAS A GREAT MEETING.

SUPER PRODUCTIVE AND HONESTLY VERY MUCH A PARTNER AND OPEN TO OUR RECOMMENDATIONS.

I KNOW MAYOR PRO TEM DAWKINS HAD HAD ATTENDED SOME THINGS HE WAS AT, AND HE CITED MANY INSTANCES OF, YOU KNOW, BEING INFORMED OF NEW INFORMATION THAT HE WAS NOT AWARE OF. SO HE'S LISTENING.

AND THAT IS ALWAYS APPRECIATED, ALWAYS A GOOD THING. SO LOOK FORWARD TO PARTING WITH HIM FOR FUTURE PROJECTS AND IN THE FUTURE.

ALL RIGHT. ALL RIGHT, WE'LL MOVE DOWN THE LINE HERE.

ALL RIGHT. MAYOR PRO TEM DAWKINS. NO REPORT, ALL RIGHT.

[01:10:03]

OKAY. THE LIBRARY HAD A RIBBON CUTTING LAST WEEK FOR OUR BOOK VENDING MACHINE.

AND WHEN I'VE SAID THAT OUT LOUD, A FEW PEOPLE HAVE LAUGHED.

I SUGGEST EVERYONE SHOULD GO SEE IT. IT'S QUITE THE DEAL.

ATMOS ENERGY PROVIDED IT FOR US, AND THE KIDS LOVED IT.

I THINK IT'S GOING TO ADD SOME ENERGY THERE. IT'S A GREAT THING FOR THE CHILDREN.

AND ATMOS GIVES ONE PER YEAR. BEDFORD GOT THAT ONE.

SO THANK YOU TO ATMOS. AND THANK YOU TO MARIA, OUR LIBRARIAN, FOR MAKING SURE IT'S ALL A GO AND FINDING A PLACE FOR IT.

IT'S RIGHT AT THE ENTRANCE SO IT'S HARD TO MISS.

AND IF YOU WANT TO GET A BOOK, YOU HAVE TO EARN YOUR COIN.

THAT'S MY REPORT. VERY GOOD. THANK YOU. JUST SHOWING THAT OUR LIBRARY CONTINUES TO BE INNOVATIVE AND ALWAYS ON THE CUTTING EDGE.

SO THANK YOU TO ATMOS AND THANK YOU TO MARIA AND ALL HER STAFF OVER THERE.

ALL RIGHT. COUNCIL MEMBER SABOL. ALL RIGHT. COUNCIL MEMBER LEMMAN.

OKAY. ANIMALS. WE HAD A WONDERFUL FUNDRAISER LAST SATURDAY FOR ALL WHO ATTENDED.

IT WAS GREAT. WE HAD AN ILLUSIONIST AND A MAGICIAN AT THE OLD BEDFORD SCHOOL.

SO UTILIZING ONE OF OUR HISTORICAL BUILDINGS, AND WE RAISED $8,000, WHICH IS PRETTY SIGNIFICANT BECAUSE IT WAS IT'S YOU KNOW, OLD BEDFORD SCHOOL IS KIND OF A SMALLER VENUE, BUT WE HAD TWO SHOWS.

WE HAD THE ANIMAL SHELTER OUT TO SHOW OFF THEIR DOGS AND CATS, WHICH WAS FUN.

AND IT WAS JUST A GREAT TIME. CONCESSIONS, WE HAD A REALLY, REALLY GOOD TIME.

WE MADE, LIKE I SAID, $8,000. THAT PUTS 26,000 IN OUR BUDGET FOR THE FRIENDS TO DONATE TO, YOU KNOW, CAREGIVING FOR THE ANIMALS. SHADE STRUCTURE, THAT WAS THE MAIN THING THAT WE WERE LOOKING FOR IS TO, WE HAD TO TAKE OUT A DEAD TREE AND TO OTHER TREES IN THE BUILDING OF THE, OR THE REVAMPING OF THE SHELTER.

AND THERE'S NOT A LOT OF SHADE BACK THERE. AND WHEN THE, WHEN THE DOGS ARE GOING FOR THEIR WALKS, THEY NEED TO HAVE SOME SHADE. SO AND THOSE AREN'T CHEAP.

SO WE'RE GOING TO PUT THEM ALL OVER THE BACK ANYWAY.

VERY EXCITED ABOUT THAT. AMY WAS THERE ALL DAY.

I WAS THERE ALL DAY. ROB CAME WITH HIS WIFE AND HONORARY KID.

SO IT WAS JUST A REALLY GOOD TIME. WE ENJOYED IT THOROUGHLY.

SO THANK YOU FOR ALL WHO PARTICIPATED. THANK YOU VERY MUCH.

GOOD. I'M GLAD TO SEE THAT THE FOUNDATION IS DOING WELL, AND THAT WAS VERY SUCCESSFUL AND EARNING SOME GREAT FUNDS FOR OUR ANIMAL SHELTER.

ALL RIGHT. COUNCIL MEMBER FARCO. ALL RIGHT. THANK YOU, MR. MAYOR. THE SENIOR CENTER SENIOR ADVISORY BOARD HAS A MEETING MONDAY NIGHT AT 4:00 OVER AT I THINK BUILDING TWO.

I THINK WE'RE AT MONDAY NIGHT AND THEN NEXT THURSDAY THERE WILL BE A JOB FAIR AT GLOBE LIFE FIELD.

CONGRESSWOMAN BETH VAN DYNE HAS PUT TOGETHER A JOB FAIR.

THERE'LL BE OVER 600 PLUS EMPLOYERS AND OVER 40,000 JOBS, AND ONE THIRD OF THE JOBS WILL BE OVER SIX FIGURES.

THIS IS THE LARGEST JOB FAIR IN THE UNITED STATES.

WE HAVE IT RIGHT HERE AT GLOBE LIFE FIELD. SO IF YOU KNOW ANYBODY THAT'S LOOKING FOR WORK IT'S FROM 11:00 TO 3:00 ON THURSDAY, AUGUST 6TH. ALL RIGHT. VERY GOOD. THANK YOU FOR THAT INFORMATION.

ALL RIGHT. MOVING ALONG OUR AGENDA, WE HAVE AN EXECUTIVE SESSION ITEM.

[EXECUTIVE SESSION ]

ALL RIGHT. SO WE WILL BE BACK. OH REAL QUICK I FORGOT I SKIPPED YOUR CITY MANAGER REPORT.

I'M SO SORRY. YOU MIGHT HAVE KNOWN BECAUSE I DIDN'T REALLY HAVE ANYTHING TO REPORT. YEAH, I KIND OF I KIND OF KNEW. ALL RIGHT. ALL RIGHT. ALL RIGHT. MOVING ALONG. ALL RIGHT. ALL RIGHT. THE TIME IS NOW 8:05, AND WE ARE BACK FROM EXECUTIVE WITH NO ACTION TO TAKE.

[8. Take any action necessary as a result of the Executive Session. ]

WE HAVE A MOTION TO ADJOURN BY COUNCIL MEMBER FARCO SECOND FROM COUNCIL MEMBER LEMMAN. ALL IN FAVOR GO AHEAD WITH A VERBAL VOTE OF AYE.

AYE. ALL RIGHT. THAT PASSES AND WE ARE ADJOURNED AT 8:06.

THANK YOU ALL VERY MUCH.

* This transcript was compiled from uncorrected Closed Captioning.