March 25th City Council Work Session

The City Council occasionally has a work session where long-term planning is discussed. Just a couple of things from today's meeting. First, I was surprised to find that Waco's property tax rate ($0.786 per $100 valuation) was significantly higher than Woodway's ($0.457, unchanged for a long time). Also, the Waco School District rate ($1.364) is slightly higher that that of the Midway School District ($1.320). The lower tax rates in Woodway are somewhat offset by the higher valuations of our homes, but I was still surprised to see these differences. Also, Finance Director William Klump came up with a clever way to present the City's income and expenses (top and bottom pictures below, respectively).