BY BEN THOMPSON & CHLOE YOUNG
Travis County approves borrowing $138M for infrastructure projects
The Travis County Commission- ers Court approved $12 million in funding for a new Precinct 2 building at a March 3 meeting. The new facility comes as the county prepares to borrow nearly $138.88 million through certifi- cates of obligation in fiscal year 2025-26. The big picture Travis County officials are planning to issue $138.88 million in certificates of obligation, or COs, for infrastructure improve- ments, including funds for road
construction, drainage, facility management and more. About $65.31 million in debt is expected to be issued over five years while $73.56 million is expected to be issued over the next 20 years, according to county documents. The county is planning to sell and close on the bonds in May. The county has also identified a new $12 million facility for its Precinct 2 office in Northwest Travis County. A location for the new facility was not available as of press time.
For an average taxable home worth $515,212, issuing $138.88 million in debt for FY 2025-26 would increase a homeowner’s annual tax bill by $13. Travis County projects 1 Road construction and drainage projects: $61,094,866 2 Various street, traffic and intersection improvements: $42,243,650 3 New and replacement vehicles and fleet electrification infrastructure: $19,869,672 4 Purchase and design of a Precinct 2 facility: $12,000,000 2 Total $138.88M
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Challenger School offers uniquely fun and academic programs for preschool to eighth-grade students. Our students learn to think for themselves and to value independence. Avery Ranch (PS–G8) (512) 341-8000 15101 Avery Ranch Boulevard, Austin Round Rock (PS–K) (512) 255-8844 1521 Joyce Lane, Round Rock Spicewood Springs (PS–K) (512) 258-1299 13015 Pond Springs Road, Austin
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5 Facilities management: $2,176,000 6 Park concrete hike and bike trail upgrades: $543,440
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SOURCE: TRAVIS COUNTY/COMMUNITY IMPACT
Air taxi testing coming to Austin
Test flights for electric aviation services like air taxis will soon take off across the state, including in Austin, following the Texas Depart- ment of Transportation’s selection for a Federal Aviation Administra- tion pilot program in March. The big picture Under an executive order issued last year by President Donald
Trump, the FAA is moving to advance aviation systems includ- ing unmanned drones and electric vertical takeoff and landing, or eVTOL, aircraft. After a public solicitation, the FAA on March 9 announced the selection of eight pilot projects across the country expected to kick off this summer.
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NORTHWEST AUSTIN EDITION
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