Loading...
4A Wichita Falls Economic Development Minutes - 01/15/2026 MINUTES OF THE WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION JANUARY 15, 2026 PRESENT: Leo Lane, President § WFEDC Members David Toogood, Vice President § Brent Hillery § Reno Gustafson § Craig Lewis § Tim Short, Mayor § Mayor & Councilors Mike Battaglino, Councilor, District 4 § Austin Cobb, Councilor-At-Large § Jeff Jenkins, City Manager § City Administration James McKechnie, Deputy City Manager § Paul Menzies, Assistant City Manager § Blake Jurecek, Assistant City Manager § Kinley Hegglund, City Attorney § Stephen Calvert, CFO & Finance Director § Monica Aguon, Deputy City Attorney § Paige Lessor, Exec Legal Assist/Recording Sec. § Moriah Williams, CEO § Forward Wichita Falls Vicki Pratt, Partner Kirk Peterson, Military Team § '{. CALL TO ORDER. Mr. Leo Lane called the meeting to order at 2:30 p.m. 2. CONSENT AGENDA. a. Approval of Minutes (November 20, 2025) Mr. Lane opened the floor for comments on the November 20, 2025, minutes. Hearing none, Mr. David Toogood made a motion to approve the minutes as presented. Seconded by Mr. Reno Gustafson with no additional comments from the public, the motion carried 5-0. b. Financial Report Mr, Lane noted double-digit increases for the past two months. Mr. Gustafson inquired about the driving factor of the increases. Mr. Stephen Calvert reported that approximately half of sales tax revenue continues to be generated from retail and restaurant activity, which has experienced modest growth of approximately 4-5%. Additionally, the manufacturing and utilities sectors have shown notable increases and have been the primary drivers of overall revenue growth during the reporting period. WFEDC MINUTES 01/15/2026 PAGE 1 OF 2 Mr. Brent Hillery made a motion to approve the financial report. Seconded by Mr. Craig Lewis, and with no further discussion or public comment, the motion carried 5-0. 3. EXECUTIVE SESSION. Mr. Lane adjourned the meeting into executive session at 2:33 p.m. pursuant to Texas Government Code §§§§ 551.072, 551.087, 551.071, and 551.074. He announced the meeting back into regular session at 3:24 p.m. The subjects posted in the Notice of Meeting were deliberated, and no votes or further actions were taken on the items in executive session. 4. ADJOURNED. Mr. Lane asked if the public had any questions or comments. Since there were none, he adjourned the meeting at 3:24 p.m. Leo Lane, President WF Economic Development Corporation WFEDC MINUTES 01/15/2026 PAGE 2 OF 2