Primary Department: Management and Budget
Primary Department Head/Elected Official: Daniel Ramos, Executive Director
Secondary Department: Harris Health System
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Supplemental RCA
Type of Request: Bonds
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):
title
Request by the Office of Management and Budget for approval of an order ratifying and confirming the terms and provisions of the Harris County Hospital District Limited Tax Bonds, Series 2026, as established by the officers pricing certificate relating thereto; affirming such officers pricing certificate; and containing other matters relating thereto.
end
Background and Discussion:
On November 7, 2023, the voters approved a $2.5 billion bonds for Harris Health facilities. Harris Health
Board and the Harris County Commissioners Court approved a go forward order to issue the Harris County Hospital District, Limited Tax Bonds, Series 2026. On June 2, 2026, Harris County and the Hospital District successfully priced $783.245 million Limited Tax Bonds, Series 2026, representing the second tranche of voter-authorized debt supporting the LBJ Hospital Expansion Program.
Expected Impact:
The Hospital District issued new money bonds to finance the acquisition, construction, equipment, and/or
enlargement of the District facilities from the 2023 Election voted authority.
Alternative Options:
N/A
County Strategic Plan Goal: N/A
County Strategic Plan Objective: N/A
Justice/Safety Initiative (Goal 1): N/A
Infrastructure Initiative (Goal 2): N/A
Econo...
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