Primary Department: Management and Budget
Primary Department Head/Elected Official: Daniel Ramos, Executive Director, Office of Management and Budget
Secondary Department: N/A
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Regular 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 for approval to pay the October 2025 debt payments for Harris County Road Bonds, Permanent Improvement Bonds, Flood Contract Tax Bonds, and Flood Control Improvement Bonds in an amount not to exceed $184,654,492 and to wire payments to the paying agent on the scheduled payment date of October 1, 2025.
end
Background and Discussion:
Debt service payments due October 1, 2025:
|
$ 5,980,000.00 1,055,025.00 11,382,475.00 11,687,325.00 7,932,718.75 27,045,625.00 701,075.00 10,310,025.00 8,848,893.75 |
|
Flood Imp Ref Bonds, Series 2014 Flood Imp Ref Bonds, Series 2015A Flood Imp Ref Bonds, Series 2020A Flood Imp Ref Bonds, Series 2021A Flood Imp Ref Bonds, Series 2022A Flood Contract Tax Ref Bonds, Series 2014A Flood Contract Tax Ref Bonds, Series 2015B Flood Contract Tax Ref Bonds, Series 2017A Permanent Imp Ref Bonds, Series 2015A |
|
|
|
|
|
|
|
|
|
|
|
|
|
5,167,750.00 11,382,600.00 |
|
Permanent Imp Ref Bonds, Series 2015B Permanent Imp Ref Bonds, Series 2017A |
|
1,682,875.00 19,980,350.00 1,602,693.75 4,460,600.00 2,769,875.00 39,422,250.00 3,901,350.00 3,248,235.00 6,092,750.00 $184,654,491.25 |
|
Permanent Imp Ref Bonds, Series 2019A Permanent Imp Ref Bonds, Series 2020A Permanent Imp Ref Bonds, Series 2021 Permanent Imp Ref Bonds, Series 2021A Permanent Imp Ref Bonds, Series 2022A Road Ref Bond, Series 2015A Road Ref Bond, Series 2017A Road Ref Bond, Series 2021 Road Ref Bond, Series 2022A |
Expected Impact:
Reduce debt.
Alternative Options: N/A
County Strategic Plan Goal: N/A
County Strategic Plan Objective: N/A
Justice/Safety Initiative (Goal 1): Choose an item.
Infrastructure Initiative (Goal 2): Choose an item.
Economy Initiative (Goal 3): Choose an item.
Health Initiative (Goal 4): Choose an item.
Climate/Resilience Initiative (Goal 5): Choose an item.
Housing Initiative (Goal 6): Choose an item.
Additional notes related to the Strategic Plan: N/A
Prior Court Action (if any):
|
Date |
Agenda Item # |
Action Taken |
|
|
|
|
Location:
Address (if applicable):
Precinct(s): Choose an item.
|
Fiscal and Personnel Summary |
|
Service Name |
Debt Service |
|
|
|
Current Fiscal Year Cost |
Annual Fiscal Cost |
|
|
Labor |
Non-Labor |
Total |
Recurring Expenses |
|
Funding Sources |
|
|
Existing Budget |
|
|
|
|
|
Choose an item. |
$ |
$184,654,492 |
$184,654,492 |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Existing Budget |
$ |
$184,654,492 |
$184,654,492 |
$ |
|
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: 8/7/2025
Anticipated Implementation Date (if different from Court date): 10/1/2025
Emergency/Disaster Recovery Note: Not an emergency, disaster, or ARPA related item
Contact(s) name, title, department: Amy Perez, Deputy Executive Director, Office of Management and Budget
Attachments (if applicable): N/A