FY 2026-27 and 2027-28 Biennial Budget (26-392A)
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FY 2026-27 and FY 2027-28 Biennial Budget Development Process [Budget and Management Services]
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Review compliance triggers in Good Homes North Stemmons lease
Why now: The February 3, 2026 briefing quantified foregone revenue at $16,837,803 but the public record does not yet disclose what happens if Good Homes Communities, LLC fails to maintain qualifying tenant incomes over the 75-year term.
What to do: Once the Good Homes Dallas lease is filed, pull the income-restriction compliance terms, cure periods, and recapture provisions — a 75-year tax exemption worth $16.8 million in foregone city revenue should carry enforceable affordability covenants, but the February 3 Committee on Finance briefing memo did not disclose them.
Act before: After lease is filed and publicly available
Assess the Good Homes Public Facility Corporation lease structure
Why now: The February 3, 2026 Committee on Finance briefing is the first public disclosure of the dollar value of this DPFC lease; the budget remains in Draft status, so the structure has not yet been finalized or replicated elsewhere.
What to do: Compare the $16,837,803 in foregone property tax revenue disclosed in the Good Homes Dallas briefing against your own project's tax exposure at comparable mixed-income sites — a 75-year Dallas Public Facility Corporation ground lease at 6950 North Stemmons Freeway eliminated 100% of the tax burden, and quantifying that benefit is the first step to determining whether the same structure is viable for your pipeline.
Act before: After DPFC lease is executed and budget adopted
Identify Good Homes Communities LLC ownership at North Stemmons
Why now: Two consecutive Committee on Finance briefings on January 26 and February 3, 2026 presented the deal as a draft memorandum with no vote, meaning the financial justification has not yet been tested in public testimony.
What to do: File an open records request for the full Dallas Public Facility Corporation lease, the financial model behind the $16,837,803 foregone-revenue figure, and any DPFC board resolutions approving the Good Homes Dallas deal — the public record names Good Homes Communities, LLC but does not disclose beneficial ownership or how the 75-year tax benefit was calculated.
Act before: After open records response (typically 10 business days)
Submit budget priorities to Finance Committee before biennial draft advances
Why now: The 15-item February 3, 2026 agenda remained entirely in Draft status, confirming the committee has not yet begun voting on budget priorities for the two-year cycle.
What to do: Both the January 26 and February 3 Committee on Finance sessions were briefing-only with no votes, meaning the FY 2026-27 and FY 2027-28 biennial budget has not consolidated — submit written priorities to Committee on Finance members now, before the draft moves to a vote and the window for shaping allocations closes.
Act before: After Committee on Finance votes on budget priorities
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FY 2026-27 and FY 2027-28 Biennial Budget Development Process [Budget and Management Services]
FY 2026-27 and FY 2027-28 Biennial Budget Development Process [Budget and Management Services]