Correction, Aug. 25, 2025 3:30 pm:
The summary on this article has been corrected to show the budget as $650 million.
Waco faces tough tradeoffs as city tax revenues stall
Clarification, Aug. 20, 2025 10:51 am:
This story has been updated to clarify the scope of the 2019 bond work. One new elementary school was built, while a former intermediate school was converted to an elementary school. In addition, the story has been revised to clarify that this year's loss in tax base is not a prime cause of a $3.5 million deficit.
Scaled-down Midway ISD bond focuses on current needs, not growth