England Economic & Industrial Development District

1. Motion to approve the minutes of April 9, 2026, Admin/Legal Committee meeting.
2. To review and discuss proposed Resolution authorizing the Executive Director to sign documents on behalf of EEIDD not requiring board approval as stated in Code of Ordinances.

THE ENGLAND AUTHORITY

BOARD OF COMMISSIONERS

• A. Call to Order
• B. Invocation
• C. Pledge of Allegiance
• D. Roll Call
• E. Public Comments
• F. Active Items

1. To hear presentation and discuss the proposed 2026/2027 Operating and Capital Budgets for the England Economic & Industrial Development District for Fiscal Year 2026/2027.

• G. Adjourn

THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT BOARD OF COMMISSIONERS SPECIAL BOARD MEETING JUNE 9, 2026

The England Economic and Industrial Development District met in Special Meeting in the EEIDD Board Room,

Mr. Oday Lavergne, Chair of the EEIDD, called the meeting to order at 4:00 p.m.

The England Economic and Industrial Development District was duly convened as the governing authority of said District by Mr. Oday Lavergne, Chair, who stated that the England Economic and Industrial Development District was ready for the transaction of business.

Present: Chair, Mr. Oday Lavergne, Vice-Chair, Mr. Jamar Gailes, Secretary/Treasurer, Mr. Steve Mansour (late arrival), Mr. Trey Crump, Mr. Joshua Dara, Sr., Mr. Myron Lawson, Jr., Mr. Joe McPherson, Mr. Charlie Weems (late arrival) and Mr. Zeb Winstead.

Absent: Mr. Patrick O’Quin

TO HEAR PRESENTATION AND DISCUSS THE PROPOSED 2026/2027 OPERATING AND CAPITAL BUDGETS FOR THE ENGLAND ECONOMIC & INDUSTRIAL DEVELOPMENT DISTRICT FOR FISCAL YEAR 2026/2027.

Ms. Summer Steiner presented proposed 2026/2027 fiscal year budget.

Budgeting $18.3 million in operating revenues. $16.7 million in operating expenses. Net income of $1.6 million. In addition, we are budgeting $324,000 dollars of nonoperating revenue which will be interest income. Two figures combined, budgeting $3.3 million dollars in self -funded capital improvements and capital equipment. Using $1.3 million dollars of prior years earnings. $1.2 million dollars will be repaid to us over the course of five years. Budgeting increase of about 5% over current year budget. Couple of new leases that have been added (LaSalle, Robinson Biochar and Applied Digital).

Expenses: 11% increase for personnel and benefits. Budgeted a 3% maximum raise for everyone. Adding six new positions: 4 airport operations agents (shift work on airfield ; 5 am to 11 pm; recommendation from FAA inspection ) and an airfield electrician and additional entry level airfield technician. Other operating expenses: Less than 1% increase in G&A, biggest factor is insurance; added $20,000 disaster management policy. Utilities: 2% increase. Supplies and materials: 10% to 11% increase; specific things that need to be accomplished (ex: airfield lighting). Airport visuals (banners): additional $18,000 to replace all banners. Equipment Rental: increase includes three additional vehicles added to fleet lease (one is for RPSO, two for Airpark) and $25,000 for month rental of tractor and a dozer for airfield (cleaning perimeter ditches). Firefighting supplies: increase of $40,000 to convert Fox 6 to F3 foam. Contract Services: 5% increase. Security contract with RPSO $38,000. Fire protection contract renewed, included pay raises for firefighters, $110,000. Consulting: required to renew rental car contracts and must submit PFC application. Estimated contract amount in budget. Repairs and maintenance: 6.5% increase. Need two new airfield gates. Carwash system components. Commercial building maintenance: $60,000 increase based on specific projects (Reddy Ice replace roll up door and two loading docks; hangar 525 flooring; maintenance shop two roll up doors; mechanic shop painting). HVAC maintenance: specific projec ts that need to be completed. $37,000 (19% increase). Boiler in the terminal that needs to be repaired. Furnaces in housing are aging and is becoming more costly to repair them. Residential Apt maintenance: $60,000 increase over amended Board of Commissioners Special Board Meeting June 9, 2026

budget. $16,000 necessary roof repairs in England Estates. England Oaks: full amt was $382,000 which was amended down to $329,000. Move outs in England Oaks are significantly lighter than previous years.

Oak Wing: budget will be a part of the full budget package. Expenses increased by about 2%. Projecting $1,677 net income.

Provided requests for Airfield operations to keep up with runway maintenance. Terminal Operations: floor sweeper, steam cleaner and recording system for control tower needs to be replaced. Fire Dept requested bunker gear (six new sets), SUBA (three), and portable radios.

Landside: mower that needs to be replaced. John Deere Side by side; England Oaks: new access keypad on their front gate. Oak Wing has requested a new rough mower.

5 year operating forecast: revenues for leases used 3% CPI. 2028/2029 added United’s revenue.

Proposed capital equipment expenditures. Budgeting $307,000. Capital Projects: Roof replacements $633,000 budgeted. Commercial building: IPC roof and Call Center; 5 homes in England Estates for $84,000 (1026 and 1031 Royce, 1007 and 1012 Schilling, 1019 Sebille), 6 duplexes in England Oaks for $121,200 (109 A/B Council, 1111, 1116, 1137, 1145 Jim Meyer, 1105 A/B Normand). Tree removal: $160,000 split between sections of airpark, England Estates and England Oaks.

Commercial improvements: increased $1.2 million. Will be repaid to us $20,000 a month over the next five years over lease amount. Gray box the call center ($123,154). Projects to the Chapel (soffit and overhang) $45,000 and Phase 1 HVAC and Electrical $125,000. Abate and demo the interior bldg 1910.

Airpark improvements: one section of Vandenburg. Golf course improvements: significant brush clearing and improvement to air maintenance building.

Housing improvements: majority is full interior renovations in England Estates and England Village. $350,000 and $50,000 fence replacement in England Oaks.

Airside projects: majority funded by federal and state grants.

With no further business to discuss, meeting was adjourned at 4:57 p.m.

Oday Lavergne, Chair England Economic and Industrial Development District Board of Commissioners

Steve Mansour, Secretary/Treasurer England Economic and Industrial Development District Board of Commissioners