Granbury City Council, Aug. 18, 2026: Council Reapproves Economic Development Program

The Granbury City Council held a meeting on August 18, 2026, to reapprove the city's economic development program and maintain the application fee associated with it. The council reviewed ordinances reaffirming the existing program, originally adopted in 2007 and updated periodically, which enables the city to offer tax abatements and incentives to attract economic development projects that create jobs and increase taxable value. The application fee for incentives remains at $500, deemed appropriate given the limited initial review required. Public comments raised concerns about the scope and transparency of economic incentives, including a petition to limit such programs to $40 million, but the council proceeded with the reapproval to avoid a lapse in the program. The council unanimously passed the ordinances, ensuring the continuation of the economic development framework and its associated fees.