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02.24.2026 Town Council Minutes Work Session■ ■ pR-IOSPER A Place Where Everyone Matters Town Council Call to Order/Roll Call. Mayor Bristol called the meeting to order at 5:07 p.m. Council Members Present: Mayor David F. Bristol Mayor Pro-Tem Amy Bartley Deputy Mayor Pro-Tem Chris Kern Councilmember Marcus E. Ray Councilmember Craig Andres Councilmember Jeff Hodges Councilmember Cameron Reeves Staff Members Present: Mario Canizares, Town Manager Terry Welch, Town Attorney Michelle Lewis Sirianni, Town Secretary Bob Scott, Deputy Town Manager Chuck Ewings, Assistant Town Manager Robyn Battle, Executive Director Hulon Webb, Engineering Director Tony Luton, Human Resources Director David Hoover, Development Services Director Carrie Jones, Public Works Director Chris Landrum, Finance Director Colin Asby, Budget Officer and Grants Administrator Stuart Blasingame, Fire Chief Todd Rice, Communications Director Skyler Sparks, Help Desk Technician I Ken Myers, Interim Police Chief Tom Davis, Assistant Police Chief Items for Individual Consideration: MINUTES Prosper Town Council Work Session Prosper Town Hall — Council Chambers 250 W. First Street, Prosper, Texas Tuesday, February 24, 2026 1. Discussion regarding the Town's multi -year financial projections and Budget Adoption Calendar. (CL) Mr. Canizares introduced the discussion stating that this is a first look in preparing for the upcoming Budget. The first look includes all requests with no items being vetted. Staff will work with the subcommittee's through the budget process with Council having several opportunities to view the material. Mr. Landrum presented the upcoming key calendar dates, projected General Fund revenues and expenditures, debt service levels, capital dedicated monies, projected property valuations, tax rate, personnel requests, and Utility Fund assumptions. The Town Council discussed the Town's property valuations, homestead exemption, and maintaing the Capital Dedicated Fund at ten cents. Page 1 of 2 EXECUTIVE SESSION: Recess into Closed Session in compliance with Section 551.001 et seq. Texas Government Code, as authorized by the Texas Open Meetings Act, to deliberate regarding: Section 551.087 — To discuss and consider economic development incentives and all matters incident and related thereto. Section 551.072 — To discuss and consider the purchase, exchange, lease, or value of real property for municipal purposes and all matters incident and related thereto. Section 551.074 — To discuss and consider personnel matters and all matters incident and related thereto. Section 551.074 — To discuss and consider personnel matters including the annual evaluation of the Town Manager, Town Attorney, and the Municipal Judge, and all matters incident and related thereto. Section 551.071 - Consultation with the Town Attorney regarding pending or anticipated litigation. Section 551.071 — Consultation with the Town Attorney to discuss legal issues associated with any agenda item. The Town Council recessed into Executive Session at 5:46 p.m. Reconvene into Work Session. The Town Council reconvened into Work Session at 6:19 p.m. Adjourn. The meeting was adjourned at 6:19 p.m. These minutes were approved on the 10th day of March 2026. ATTEST: Lk-�Q-4JLA� L�- �' S, Z�acw Michelle Lewis Sirianni, Town Secretary APPROVED: David F. Bristol, Mayor zvrxx� Page 2 of 2