Adopted Budget

Fiscal Year 2026-2027

This adopted budget ensures the financial strength of the organization by providing a balanced budget, including the structural balance of the General Fund. This adopted budget is built upon, and aligned with, the City Council’s strategic goals.

FY27 Adopted Budget

Financial Overview

  • Total operating budget of $733.3 million, a 3.9% decrease from FY 2026
  • Maintains tax rate at 75.5000 cents per $100 of property valuation
  • General Fund balanced at $213.3 million in revenues and expenditures, a decrease of $2.6 million from FY 2026

Strategic Investments

  • $10.2 million investment in personnel compensation and benefits
  • $112.5 million Capital Improvement Program focusing on infrastructure modernization
  • Enhanced public safety services with $8.4 million in Fire and Police investments

Taxpayer Impact

  • Average homeowner and utility customer will pay an additional $7.97 per year
  • Water, Wastewater, solid waste, drainage and street maintenance fee rate adjustments reflect infrastructure needs
  • Average household will see a $73.75 decrease on Property Tax Bill

This budget positions Waco for continued growth while maintaining strong financial stewardship and service excellence. Although we continue to experience slow revenue growth alongside rising expenses, City staff worked diligently to align spending with strategic planning and ensure every dollar supports the city’s strategic priorities. The FY 2027 budget continues, for the third year in a row, efforts by City staff to propose significant budget cuts while maintaining core municipal services and infrastructure investment.

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