Legislation Details

File #: 26-4570    Version: 1 Name:
Type: Bonds Status: Passed
File created: 7/1/2026 In control: Commissioners Court
On agenda: 7/9/2026 Final action: 7/9/2026
Title: Request by the Office of Management and Budget for approval of an order authorizing and ordering the issuance of Harris County, Texas Permanent Improvement Tax and Revenue Certificates of Obligation, Series 2026B; authorizing the authorized representative to approve the amounts, interest rates, prices and terms thereof and certain matters relating thereto; levying a continuing and direct annual ad valorem tax and pledging such tax and certain revenues to the payment of said certificates; prescribing the terms and form thereof; providing for the payment of the principal thereof and interest thereon; awarding the sale thereof; authorizing the preparation and distribution of an Official Statement to be used in connection with the sale of the certificates; and making other provisions regarding such certificates, including use of the proceeds thereof, and matters incident thereto, and all other activities which will support the issuance and administration of the certificates, including the opening of bank accounts.

Primary Department: Management and Budget

Primary Department Head/Elected Official: Daniel Ramos, Executive Director

 

Secondary Department: Choose an item.

Secondary Department Head/Elected Official:

 

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 authorizing and ordering the issuance of Harris County, Texas Permanent Improvement Tax and Revenue Certificates of Obligation, Series 2026B; authorizing the authorized representative to approve the amounts, interest rates, prices and terms thereof and certain matters relating thereto; levying a continuing and direct annual ad valorem tax and pledging such tax and certain revenues to the payment of said certificates; prescribing the terms and form thereof; providing for the payment of the principal thereof and interest thereon; awarding the sale thereof; authorizing the preparation and distribution of an Official Statement to be used in connection with the sale of the certificates; and making other provisions regarding such certificates, including use of the proceeds thereof, and matters incident thereto, and all other activities which will support the issuance and administration of the certificates, including the opening of bank accounts.
end

 

Background and Discussion:

Permanent Improvement Tax and Revenue Certificates of Obligation, Series 2026B will be used to fund projects as noted in the Notice of Intent published on the County agenda website.

 

Expected Impact:

To fund non-voted projects.


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

Economy Initiative (Goal 3): N/A

Health Initiative (Goal 4): N/A

Climate/Resilience Initiative (Goal 5): N/A

Housing Initiative (Goal 6): N/A

 

Additional notes related to the Strategic Plan: N/A

 

Prior Court Action (if any):

Date

Agenda Item #

Action Taken

04/30/2026

3

Approval of Go Forwarder Order for Permanent Improvement Refunding Bonds, Series 2026, Unlimited Tax Road Refunding Bonds, Series 2026, Flood Control District Improvement Refunding Bonds, Series 2026; and Certificates of Obligation, Series 2026.

 

Location:

Address (if applicable):

Precinct(s): Choose an item.

 

Fiscal and Personnel Summary

Service Name

Bonds

 

 

Current Fiscal Year Cost

Annual Fiscal Cost

 

Labor

Non-Labor

Total

Recurring Expenses

Funding Sources

 

Existing Budget

 

 

 

 

Choose an item.

$

$

$

$

Choose an item.

$

$

$

$

Choose an item.

$

$

$

$

Total Existing Budget

$

$

$

$

Additional Budget Request (Requires Fiscal Review Request Form)

 

Choose an item.

$

$

$

$

Choose an item.

$

$

$

$

Choose an item.

$

$

$

$

Total Additional Budget Request

$

$

$

$

Total Funding Sources

$

$

$

$

Grants - Proposed Budget (For Grants Items only)

 

Labor

Non-Labor

Total

No. of Grant Years

Local Match Source - Existing Budget: Choose an item.

$

$

$

 

Local Match Source - Additional Budget Request: Choose an item.

$

$

$

 

Grant Funds Applied for/Awarded (Total)

$

$

$

 

Personnel (Fill out section only if requesting new PCNs)

 

Current Position Count for Service

-

-

-

-

Additional Positions Request

-

-

-

-

Total Personnel

-

-

-

-

 

Anticipated Court Date: 7/9/2026

Anticipated Implementation Date (if different from Court date): Click or tap to enter a date.

 

Emergency/Disaster Recovery Note: Not an emergency, disaster, or ARPA related item

 

Contact(s) name, title, department: Fahad Gulzar, Deputy Executive Director, Office of Management and Budget

 

Attachments (if applicable): Authorizing Order