City of New Braunfels, Texas - File #: 26-1104

• File #: 26-1104
• Type: Presentation
• Status: Individual Item Ready
• File created: 9/4/2026
• In control: Roadway Impact Fee Committee
• On agenda: 9/15/2026
• Title: Presentation of the Impact Fee Financial Audit, as required by Chapter 395 of the Texas Local Government Code

PRESENTER: Presenter

Becky Wiatrek, Assistant Director of Finance

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SUBJECT: Title

Presentation of the Impact Fee Financial Audit, as required by Chapter 395 of the Texas Local Government Code

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DISCUSSION:

Senate Bill (SB) 1883, which amends Chapter 395 of the Texas Local Government Code, was adopted on June 20, 2025 with an effective date of September 1, 2025. SB1883 requires all political subdivisions to conduct an independent financial audit before increasing impact fees or adopting new impact fees.

Chapter 395 requires that the audit be conducted by a Certified Public Accountant (CPA) who has not provided any other services to the City in the past 12 months. In accordance with these requirements, the City engaged Whitley Penn to conduct the audit concurrent with the completion of the 2026 Roadway Impact Fee study. The audit covers the period January 27, 2020 to September 30, 2025 and includes the following items:

•                     Impact Fees Collected

•                     Interest Earned

•                     Proposed Capital Improvements Not Constructed - Current Status

•                     Unspent Impact Fees Collected

•                     Allocation of Impact Fees

•                     Waived Impact Fees

•                     Requested Refunds

•                     Refunds

•                     Errors or Omissions of Credits in Impact Fee Calculation

Whitley Penn provided the audit report to the City, and it was made publicly available on the City’s website on August 25^th, 2026.

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