County Budget Revenue
Summary
McLennan County just landed a record-breaking $380,000 from the 1998 tobacco settlement. It’s a nice chunk of change that gives the county some extra breathing room for upcoming projects.
At a glance
- Total mentions
- 3
- Last 30 days
- 0
Impact analysis
This unexpected $380,000 boost helps the county budget without needing to raise taxes.
County residents benefit as this money can be funneled into public services or infrastructure improvements.
No groups negatively affected
Mentions & discussions (4)
McLennan County approves 4-cent tax rate hike and new budget
Commissioners continued making budget cuts Tuesday morning, ultimately trimming an initial proposal for a 6-cent tax rate hike to 4 cents.
Waco, Hewitt, McGregor see encouraging sales tax revenue for August
Hewitt continued a hot streak this month, and not just when it comes to the weather. August's sales tax rebate was the year's fifth all-time monthly high.
Taxable property values up slightly for McLennan County, but local dips abound
Countywide taxable values are up slightly in certified rolls completed this week, including a 40.6% jump for industrial real estate, but several cities and school districts saw declines.
McLennan County gets $380K from 1998 tobacco settlement, its biggest annual payment so far
A legal settlement between Texas and U.S. tobacco companies almost three decades ago put $380,000 in McLennan County's coffers this week, the county's biggest annual payment so far.
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