Department: Management and Budget
Department Head/Elected Official: Daniel Ramos, Executive Director, Office of Management and Budget
Regular or Supplemental RCA: Regular RCA
Type of Request: Bonds
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request
Request Summary (Agenda Caption):
title
Request for approval to pay the April 2024 debt payments for the Harris County Road, Permanent Improvement Bonds, and Flood Control Bonds and to wire payments to the paying agent on the scheduled payment date of April 1, 2024.
end
Background and Discussion:
Financial Management Section of the OMB request approval to pay the April 2024 payments for the following bonds:
|
$ 1,455,625.00 |
Harris County Flood Control Contract Tax Ref Series 2014A |
|
356,019.63 |
Harris County Flood Control Contract Tax Ref Series 2014B |
|
701,075.00 |
Harris County Flood Control Contract Tax Ref Series 2015B |
|
3,837,400.00 |
Harris County Flood Control Contract Tax Ref Series 2017A |
|
191,625.00 |
Harris County Flood Control Contract Tax Ref Series 2019A |
|
905,000.00 |
Harris County Flood Control Imp Refunding Series 2014 |
|
1,055,025.00 |
Harris County Flood Control Imp Refunding Series 2015A |
|
4,796,675.00 |
Harris County Flood Control Imp Refunding Series 2020A |
|
5,107,825.00 |
Harris County Flood Control Imp Refunding Series 2021A |
|
5,095,218.75 |
Harris County Flood Control Imp Refunding Series 2022A |
|
3,093,893.75 |
Harris County Permanent Improvement & Ref Series 2015A |
|
327,750.00 |
Harris County Permanent Improvement Refunding Series 2015B |
|
2,277,600.00 |
Harris County Permanent Improvement Refunding Series 2017A |
|
160,000.00 |
Harris County Permanent Improvement Refunding Series 2019A |
|
3,147,100.00 |
Harris County Permanent Improvement Refunding Series 2020A |
|
519,443.75 |
Harris County Permanent Improvement Refunding Series 2021 |
|
2,040,600.00 |
Harris County Permanent Improvement Refunding Series 2021A |
|
2,083,875.00 |
Harris County Permanent Improvement Refunding Series 2022A |
|
75,000.00 |
Harris County Road Refunding Series 2012B |
|
3,363,750.00 |
Harris County Road Refunding Series 2014A |
|
5,027,250.00 |
Harris County Road Refunding Series 2015A |
|
644,225.00 |
Harris County Road Refunding Series 2017A |
|
892,110.00 |
Harris County Road Refunding Series 2021 |
|
5,044,750.00 |
Harris County Road Refunding Series 2022A |
|
$ 52,198,835.88 |
|
Expected Impact:
Reduces debt.
Alternative Options: N/A
Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
_ Transportation
_ Flooding
_ Environment
X Governance and Customer Service
Prior Court Action (if any):
|
Date |
Agenda Item # |
Action Taken |
|
|
|
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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 |
|
|
|
|
|
Bonds |
$ |
$52,198,836 |
$52,198,836 |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Current Budget |
$ |
$52,198,836 |
$52,198,836 |
$ |
|
Additional Budget Request (Requires Fiscal Review Request Form) |
|
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Additional Budget Request |
$ |
$ |
$ |
$ |
|
Total Funding Request |
$ |
$ |
$ |
$ |
|
Personnel (Fill out section only if requesting new PCNs) |
|
|
Current Position Count for Service |
- |
- |
- |
- |
|
Additional Positions Request |
- |
- |
- |
- |
|
Total Personnel |
- |
- |
- |
- |
Anticipated Court Date: February 27, 2024
Anticipated Implementation Date (if different from Court date): April 1, 2024
Emergency/Disaster Recovery Note: Not an emergency, disaster, or COVID-19 related item
Contact(s) name, title, department: Amy Perez, Deputy Executive Director, Office of Management and Budget
Attachments (if applicable): N/A