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City renews its Center City of Amarillo services agreement; TIRZ #1 budget and board take up Center City funding
The September 22, 2026 consent agenda approved a one-year agreement with Center City of Amarillo, Inc. for services toward "the preservation, improvement, and revitalization of the Central Business District," with the City providing $133,128 for administrative operations, five percent more than in the 2025/26 budget. The same consent agenda gave final approval to the TIRZ #1 2026/27 budget, which carries $220,000 for Center City among $1.8 million in expenses. The TIRZ #1 board's October 8, 2026 agenda listed renewal of the Agreement for Services between Center City and TIRZ #1. Draft minutes record the September 22 consent agenda passing 4-1 with Councilmember Simpson voting no; no minutes of the October 8 board meeting were posted as of October 17, 2026.[1][2][3][4]
What the sources say
- ✓ Verified
Consent item 6.25 (September 22, 2026) approved a one-year agreement with Center City of Amarillo, Inc. The transmittal memo says "The City will provide $133,128 for administrative operations which is five percent more than the amount provided in the Fiscal Year 2025/2026 budget," with funding included in the 2026/2027 budget to be adopted September 29, 2026 (packet p. 196). Draft minutes record the consent agenda approved 4-1 with Councilmember Simpson voting no. [2][3]
- Amount
- $133,128
- ✓ Verified
A September 1, 2026 memo from the Chief Financial Officer says the TIRZ #1 board approved the 2026/27 budget on August 13, 2026. It projects revenue of $2.5 million, including $2.4 million in participation from Potter County, the City, Amarillo College and the Panhandle Groundwater District, and expenses of $1.8 million, including $490,000 for community projects, $220,000 of funding with Center City and $250,776 for TIRZ #1 debt service. The 2026 certified taxable value was $336.7 million, with $3.3 million in new improvements, compared with $327.3 million in 2025. Available cash is estimated at $2.9 million on October 1, 2026 and $3.6 million at year end, against a targeted reserve of $0.6 million (packet p. 155). The council passed the budget resolution (No. 09-08-26-3) 4-0 on first reading September 8 and on the September 22 consent agenda. [2]
- Revenue
- $2,500,000
- Expenditures
- $1,800,000
- Community projects
- $490,000
- Center city
- $220,000
- Debt service
- $250,776
- ✓ Verified
The Center City TIRZ #1 Board's October 8, 2026 agenda, posted October 2, listed item 4.A, "Discussion and consideration of renewing Agreement for Services between Center City of Amarillo, Inc. and TIRZ #1," and item 4.B, a presentation of updates from Center City. As of October 17, 2026 no minutes of that meeting were posted on the City's CivicClerk portal. [4]