Waco · issues
Civic issues
Topics getting the most attention in Waco public meetings, ranked by how frequently they come up.
FY2026 Financial Audit and Auditor Appointment
The board is reviewing the annual financial audit prepared by Forvis Mazars, LLP, and will consider appointing the firm for the upcoming 2026-2027 term. This ensures financial transparency and compliance with reporting requirements for the higher education authority.
City Attorney Personnel Review
The City Council is meeting to discuss personnel matters involving the City Attorney. This is a standard administrative review process.
Quarterly Investment Report
Finance officials reported on the city's $921.7 million investment portfolio, generating $8.4 million in interest income for the quarter.
Credit Card Convenience Fees
The city is looking at adding a 1.5% fee for paying with credit cards to offset the $1.3 million it currently spends on transaction fees. Residents can still use free options like cash, checks, or bank drafts.
Investment Advisory and Municipal Financial Products Contracts
Waco is changing up how it manages its nearly $1 billion portfolio and bond funds by bringing in specialized advisory firms to increase investment yields.
Student Loan Revenue Bonds and FFELP Asset Transactions
The board discussed resolutions regarding preparations for issuing student loan revenue bonds and managing transactions related to the BHEA 2011-2 Indenture and FFELP loan assets.
Fiscal Year 2024-2025 External Audit
External auditors from Weaver & Tidwell gave Waco a glowing preliminary report, projecting clean opinions with zero material weaknesses or uncorrected misstatements.