Primary Department: Commissioner, Precinct 4
Primary Department Head/Elected Official: Lesley Briones, Commissioner
Secondary Department: Management and Budget
Secondary Department Head/Elected Official: Daniel Ramos, Executive Director
Regular or Supplemental RCA: Regular RCA
Type of Request: Discussion Item
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWBE Contracted Goal (if applicable): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
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Request for discussion and possible action to increase the biennial allocation of non-voted commercial paper to the commissioner precincts from $15M to $20M, effective with the current FY26 period.
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Background and Discussion:
The non-voted commercial paper policy and procedure for Commissioners Court was approved dated October 31, 2023, and allowed for the biennial allocation of up to $15M of non-voted commercial paper to each commissioner's precinct effective with FY2024. Due to increased need for commercial paper funded capital projects, partially caused by inflation and increased construction costs related to the state of county facilities, it is requested that the biennial limit be increased to a maximum of $20M of non-voted commercial paper for each commissioner precinct.
Expected Impact:
Commissioner Precincts will be able to more aggressively continue developing capital projects for taxpayer benefit without delays caused by limited access to non-voted commercial paper.
Alternative Options: N/A
County Strategic Plan Goal: 2. Connect our community with safe, reliable, equitably distributed, and well-maintained infrastructure.
County Strategic Plan Objective: H: Improve the condition and resilience of County transpor...
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