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Greater Waco Chamber urges county to raise economic development allocation to $4.5 million
Summary
Chris Collins, a representative of the Greater Waco Chamber of Commerce, told the McLennan County Commissioners Court that the Waco McLennan County Economic Development Corporation fund holds about $33 million and urged the county to raise its 2026 contribution by $150,000 to $4.5 million (part of a $9 million total funding proposal).
Chris Collins, a representative of the Greater Waco Chamber of Commerce, told the McLennan County Commissioners Court that the Waco McLennan County Economic Development Corporation (EDC) fund currently holds about $33 million, with roughly $17.21 million already committed to projects the board has approved but that have not yet received public approvals from city or county governments. "Ultimately, the goal of economic development is to help create prosperity for all," Collins said.
Collins said the Chamber seeks a modest increase in county support for the 2026 funding cycle. The Chamber’s staff recommendation is to raise the total annual EDC fund contribution to $9,000,000, split $4,500,000 each between the city and county — a $150,000 increase for each local government from the prior year. That…
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