BY PARKS KUGLE
County to set hospital district tax rate On Aug. 5, the Bexar County Commission- ers Court approved a proposal to set the scal year 2025-26 ad valorem property tax rate for the Bexar County Hospital District, otherwise known as University Health. The gist According to county documents, the proposed tax rate is $0.276236 per $100 prop- erty valuation. The FY 2024-25 tax rate was $0.276235 per $100 valuation. The increased tax rate will support the development of Uni- versity Health’s two new hospitals scheduled to open in early 2027, as well as a $71 million purchase of the 45.121-acre Christus Health Medical Center Hospital Campus. The Commissioners Court will hold a public hearing followed by a vote on the new tax rate at 9:30 a.m. on Sept. 9.
Intersection Road work
Upcoming road projects Several transportation projects are currently in the design phase in Hollywood Park, and are anticipated to begin this fall.
RIDGE TRAIL ST.
1604
NORTHOAK DR.
STERLING BROWNING RD.
TRAILCREST ST.
WILLIAM CLASSEN DR.
SAGECREST DR.
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DONELLA DR.
MAP NOT TO SCALE N
Hollywood Park to embark on road repair projects During its July 15 meeting, the Hollywood Park City Council received an update regarding the design process for a series of road repair projects. What you need to know Jaster said construction is estimated to begin in October or November. The longest and most involved project will
be the William Classen Drive and Donella Drive project, which Jaster said the city will block o to help speed the process. Place 3 council member Dale Randol said it is important the projects are done correctly, and won’t require further repairs in a few years.
Frank Jaster, Hollywood Park city engineer, said the projects are currently in the design phase, with a goal of having plans ready for City Council’s review and approval by mid-August.
Shavano Park eyes change to emergency medical service fees During the July 28 meeting, Shavano Park City Council discussed an ordinance amending emergency medical services, or EMS, fees. The overview Darrell Dover, Shavano Park EMS chief and re marshal, said the EMS increases were due to the increased cost of medical supplies and operating costs. City sta will present the nalized amended fees at a future meeting.
SA City Council funds nancing program for airport
On Aug. 7, the San Antonio City Council voted to form the Texas Airport System Interim Financing Program as a way to bridge gaps in
project funding. The big picture
According to city documents, the program will provide interim nancing in an amount up to $500 million in support of the approved six-year capital improvement plan, or CIP. These funds will be used to support the $1.6 billion terminal development program, which comprises a variety of projects, such as the design and construction of air eld improvements, transit improvements, terminal expansions and information technology upgrade projects as well as updates to the Master Plan for the Airport. According to city documents, the city plans to fund the CIP through the issuance of airport revenue bonds over a series of years, with the rst issuance planned for Fiscal Year 2025-26. Additionally, the program will provide city o cials with exibility in funding beginning December 2025 and will serve as a contingency fund for any issuance delays.
The new nancing program will help bridge short-term funding gaps for the terminal development project.
RENDERING COURTESY CORGAN, LAKE FLATO
“[The fees] will increase [for] nonresidents … and that will be an average of $1,400 per call where we were previously at about $1,000.” DARRELL DOVER, SHAVANO PARK FIRE & EMS CHIEF, FIRE MARSHAL
Also of note The program requires the city to select either a commercial paper dealer—a funding apparatus that utilizes short-term, unsecured debt—or a direct placement purchaser, which is an investor who purchases municipal securities directly from the city.
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NORTH SAN ANTONIO EDITION
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