In a recent government meeting, officials discussed the positive findings from the Standard and Poor's Report, which highlighted significant financial improvements for the town. According to Mr. Jones, the report indicated that the town has been placed on watch for a potential upgrade, reflecting its progress over the past year. The town has achieved a notable double A plus rating, a testament to its financial health.

The council is currently considering an ordinance that incorporates these findings, which will serve as the governing document for the town's financial operations. Following the council's approval, the ordinance will be submitted to the Texas Attorney General for review, a process expected to take three to four weeks. Once the Attorney General grants approval, the town anticipates closing on the funds, with a delivery date set for October 8th. This development marks a significant step forward in the town's financial strategy and planning.