Dan Yancey

TIRZ #2 Economic Development Strategy

The project plan will outline how tax increments are collected and spent on local improvements.

Residential Growth and Infrastructure

The city estimates that shifting infrastructure costs to the city would cost taxpayers approximately $950,000 to $1.3 million.

Municipal Impact Fees

The implementation of impact fees would shift a portion of infrastructure costs from the general public to new developers.

Community Beautification and Events

These projects involve city capital funds allocated for facility improvements.

Employee Retention and Recognition

Routine staff service recognition with no new fiscal impact beyond standard personnel administration.

city operations

It's mostly just a waste of your gas money and time if you show up to a locked door.

leadership transition

The city will likely need to budget for a competitive salary package to attract a qualified replacement for such a long-tenured position.

municipal oversight

The permit could generate tax revenue but may impact property values or neighborhood character.

Fort Hood RAIL Study

The project would require significant infrastructure investment, though specific costs are detailed in the full report.

Non-Profit Funding

The total requested funding is $186,584, which will be partially covered by the existing budget and the remainder by the city's fund balance.

Regional Water Security

The city will pay a $6,000 fee for membership and application costs.

Capital Improvement Planning

Several projects are seeing cost increases due to rising material prices, which may require budget adjustments.

Community Beautification and Events

Costs for materials like wooden Christmas trees and project supplies will be discussed.

public facility opening

The city is investing in long-term community health, though it will require ongoing taxpayer funding for maintenance and staffing.

Black History Month Observance

Recycling Program Efficiency

The cost to process recyclables at the Waco facility has increased from $60 to $80 per ton.