

Show Notes
Our speaker discusses the perils of "group think" within city council, highlighting how unanimous 6-0 votes can signal a lack of diverse perspectives. He argues that effective "decision making" requires different viewpoints, using a marital analogy to explain why constant agreement is problematic. This insightful take on "social dynamics" and "leadership" emphasizes the importance of a "free thinker" in governance.
Frisco is managing a $400M city budget, 20,000 daily visitors at the new Universal Studios park, and a PGA Championship that draws 200,000 fans in one week — and most council members running it had zero formal financial training.
Jared Elad — wealth manager, Frisco City Council Member, and the first person in 21 years to pursue certified municipal officer status in Frisco — sits down with Justin McKenzie to explain why "six-zero votes" are the most dangerous number in local government, how Frisco is navigating its east-west development divide, and what it takes to keep the 10th-largest Texas city from following Dallas's footsteps.
🔑 KEY TOPICS
→ Why unanimous city council votes signal groupthink — not consensus
→ Frisco's $400M operating budget and the 30/70 commercial tax base strategy
→ Universal Studios Frisco: 20,000 daily visitors and the traffic strain it creates
→ PGA Championship Frisco: 200,000 fans in one week, every two years
→ East vs. West Frisco — the tale of two development corridors
→ Why most council members "wing it" with a $400M budget
→ Certified Municipal Officer: first in Frisco in 21 years
→ At-large elections in a 242,000-person city — like running a state house race
🎙 ABOUT THE GUEST
Jared Elad is a Frisco City Council Member and wealth management firm owner. His wife, Stephanie Elad, serves as a Frisco ISD Trustee.
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0:00
Why Unanimous City Council Votes Are a Red Flag
Cold open — groupthink hook, "six-zero votes," statistically impossible claim
1:15
Welcome to The Building Texas Show: Jared Elad, Frisco City Council
Branded intro, guest intro by Justin
1:37
Why a Wealth Manager Ran for Frisco City Council
$400M budget, no financial expertise on council, wife Stephanie's Frisco ISD run
4:19
How Frisco's City Manager Model Works: $400M, 1,800 Employees
City manager as CEO, council as board, mayor's tie-vote role
5:25
New Council, New Debate: How Councilman Thacker Changed the Room
Groupthink broken, more discussion on council now
6:47
Frisco's East vs. West Problem: A Tale of Two Cities
Denton County vs. Collin County, development imbalance, east side being neglected
8:00
Universal Studios Frisco: 20,000 Visitors Per Day
Traffic strain, Grand Park (1,000 acres), infrastructure pressure
9:01
PGA Championship Frisco: 200,000 Fans in One Week
Every two years, Fields West, The Star development
9:39
Frisco Is the 10th Largest City in Texas — For Now
245K people, projected 8th largest, 350–400K population
11:03
Frisco's $400M Budget: The 30/70 Tax Base Strategy
45/55 today, targeting 30% residential / 70% commercial, Mansfield comparison
12:20
How Frisco Funds the Best Police and Fire Departments in Texas
50% of budget, crime deterrence strategy
14:20
The Training Gap: Most City Council Members "Wing It"
No formal training for $400M decision-making, Texas Municipal League
15:50
Certified Municipal Officer: First in Frisco in 21 Years
25-hour leadership course, TML Leadership Fellow, CPA vs. bookkeeper analogy
18:48
At-Large Elections in a 242,000-Person City
Like running a state house race, $1M mayor races, why Jared prefers at-large
