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City Council Prepares for Crucial Budget and Tax Decisions

August 28, 2024 | Waco, McLennan County, Texas


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City Council Prepares for Crucial Budget and Tax Decisions
In a recent special city council meeting, officials outlined key upcoming financial discussions and decisions that will impact residents. The council is set to hold a public hearing on August 27 regarding the proposed fiscal year 2024-2025 budget and capital program. This will be followed by a public hearing on September 3 to discuss the tax rate and an emergency reading of the tax rate ordinance.

Additionally, the council will address a new street maintenance fee during the September 3 meeting, with the first reading of the ordinance scheduled. A second reading of the street maintenance fee will take place at the regular city council meeting on September 17. If approved, these measures will take effect on October 1.

Residents should be aware that the proposed budget includes an estimated monthly cost of $12.38 for utilities, along with an additional $7.13, bringing the total to nearly $20 per month for household expenses. The council encourages public participation in the upcoming hearings to ensure community input on these significant financial matters.

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