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Waco's growth spurt is slowing down, and the city is scrambling to make ends meet. Expect potential cuts to services as leaders try to balance the budget.
At a glance
Rising โ being discussed more frequently. 10 mentions in the last 30 days, 8 the 60 before.
The proposed budget balances around $7.31 million in total revenues and $7.3 million in expenses, yielding a projected net profit of $18,800 across all properties.
Low-income residents relying on affordable public housing and administrative services managed by the housing authority.
Property owners face higher tax bills due to rising property valuations despite a flat tax rate.
The Waco Housing Authority is reviewing its multi-million dollar operating budget for the upcoming fiscal year. The financial plan balances tenant rents, federal grants, and operating expenses across various public housing sites without adding any tax burden to local property owners.
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The housing authority is reviewing its operating budget for the upcoming fiscal year to manage public housing operations effectively.