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Weslaco accepts quarterly investment and unaudited financial reports, approves workers’ comp out‑of‑network option
Summary
Finance staff reported $1.9 million in interest revenue for Q2 2025 and an overall general fund positive change of $5.7 million; the commission approved taking the Texas Mutual out‑of‑network workers' compensation option, citing extremely limited local in‑network providers.
The Weslaco City Commission on Aug. 5 accepted the quarterly investment report for the period ending June 30, 2025, and accepted unaudited financial statements for the same period.
Finance staff reported roughly $1.9 million in interest revenue for the quarter, with $533,321 allocated to the general fund. The unaudited reports showed a positive change in the general fund balance of $5.7 million and revenues to date of $31.6 million (about 82% of the…
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