Item 2- Initial Draft RecommendationBriefing — original pdf

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2026 Bond Initial Draft Recommendation Austin Capital Delivery Services Marcus Hammer, Assistant Director Chandler Runnells, Business Process Specialist Bond Election Advisory Task Force February 23, 2026 2026 Bond Program Process ▪ Call for projects from City departments: June 2024 ▪ Departments created guiding principles, technical criteria, scoring matrix: June – Dec 2024 ▪ BEATF created: October 2024 ▪ Departments scored & prioritized projects: January – July 2025 ▪ Departments presented guiding principles, technical criteria, scoring matrix: March - July 2025 ▪ Staff provided a summary of Survey I findings: July 2025 ▪ Staff released $3.7B initial prioritized Bond project list: July 2025 ▪ Project Review Board met and scored projects and programs: October 2025 ▪ 3 BEATF-led listening sessions and summary of findings: November & December 2025 ▪ Staff released Initial Draft Bond recommendation: January 2026 ▪ 5 Open House events and Survey II released: February 2026 2 Peer City Analysis Austin 2012-2022 Bond Programs (Millions) % Propositions Propositions Transportation Parks & Recreation Watershed Public Safety Library, Museum & Cultural Arts Facilities Affordable Housing Water Quality Protection Land Health & Human Services 1,483.3 52% 226.7 112 69.1 141.4 665 102 27.1 8% 4% 2% 5% 24% 4% 1% Street and Transportation Park and Recreation Facilities Flood Protection and Storm Drainage Public Safety Facilities Library Facilities Housing & Neighborhood Infrastructure Economic Development Cultural and Performing Arts Homeless Assistance Facilities Information Technology Facilities Dallas San Antonio 2012-2029 Bond Program (Millions) 1,315.8 607.1 427.3 122.1 59.1 26.4 182.7 89.4 39 5 % Propositions 46% 21% Transportation Parks, Recreation & Open Space 15% Drainage & Flood Control 4% Public Safety Facilities 2% Library, Museum, & Cultural Arts Facilities 1% Affordable Housing 2012-2027 Bond Program (Millions) 1,254.3 546.4 436.9 127 111.4 150 % 48% 21% 17% 5% 4% 6% 6% 3% 1% 0% Total $2.83B 100% Total $2.87B 100% Total $2.63B 100% 3 Austin’s Bond History 2012-2022 Bond Program - $2.83B GO Bond $ (Millions) Propositions Transportation Affordable Housing Parks & Recreation Water Quality Protection Land Watershed Public Safety Library, Museum & Cultural Arts Facilities Health & Human Services 1,483.3 665 226.7 102 112 69.1 141.4 27.1 % 52% 24% 8% 4% 4% 2% 5% 1% Total $2.83B 100% 4 2023-25 Bond Election Data November 2025, Municipal Bond Elections Summary Elections Total Propositions Bonds Carried % Passed 27 $834M $243M 29.16% November 2024, Municipal Bond Elections Summary Elections Total Propositions Bonds Carried % Passed 9 $787M $772M 98.07% November 2023, Municipal Bond Elections Summary Elections Total Propositions Bonds Carried % Passed 16 $1.69B $1.55B 91.62% 5 Strategic Priorities Based on the peer city analysis, bond history, and recent Texas municipal bond elections, staff developed a strategic approach to plan the 2026 bond program: ▪ Investment in City-owned facilities and critical assets ▪ Emphasis on project readiness ▪ Consideration of impact on the annual operating budget ▪ Focus on enhancing service delivery ▪ Creation of pathways to private investment ▪ Enhancing economic development 6 Project Review Board – Scoring Criteria & Matrix Subject matter experts, in collaboration with sponsor departments, scored 120+ individual projects and programmatic buckets using an evaluation rubric. Section Baseline Criteria Strategic Alignment Critical Asset Community Consideration Efficiency Timeliness and Readiness Climate Action and Resilience Weight Y/N 8 points 8 points 20 points 20 points 24 points 20 points Total Up to100 points 7 2026 Bond Recommendation vs 2012-2022 Bonds 2012-2022 Bond Program - $2.827B 2026 Initial Bond Recommendation - $700M Propositions Transportation & Fleet Affordable Housing Parks & Recreation Water Quality Protection Land Watershed Public Safety Library, Museum & Cultural Arts Facilities GO Bond $ (Millions) 1,483.3 665 226.7 102 112 69.1 141.4 Health, Animal Services, & Homeless Strategy 27.1 % 52% 24% 8% 4% 4% 2% 5% 1% GO Bond $ (Millions) 261 0 140 10 150 91 20 28 % 37.2% 0% 20% 1.4% 21.4% 13% 2.8% 4% 8 2026 Initial Draft Recommendation TOTAL Bridges Bikeways Sidewalks Urban Trails ACT Plan Street Rehab Neighborhood Partnering Program Safety Improvements TRANSPORTATION $ 251,000,000 $ 8,000,000 $ 15,000,000 $ 33,000,000 $ 30,000,000 $ 20,000,000 $ 96,000,000 $ 2,000,000 $ 47,000,000 % based on total 36% 3.2% 1.1% 6.0% 2.1% 13.1% 4.7% 12.0% 4.3% 8.0% 2.9% 38.2% 13.7% 0.8% 0.3% 18.7% 6.7% TOTAL Building Improvements Senior/Rec Centers Parkland Infrastructure Aquatics Parkland Acquisition Parkland Improvements PARKS $ 140,000,000 $ 55,000,000 $ 10,000,000 $ 5,000,000 $ 15,000,000 $ 40,000,000 $ 15,000,000 % based on total 20% 39.3% 7.9% 7.1% 1.4% 3.6% 0.7% 10.7% 2.1% 28.6% 5.7% 10.7% 2.1% TOTAL Projects Resilience Program Partnerships Small Scale/Asset Management Open Space Land Acquisition WATERSHED $ 160,000,000 $ 125,000,000 $ 3,000,000 $ 15,000,000 $ 7,000,000 $ 10,000,000 6.3% 78.1% 1.9% 9.4% 4.4% 23% % based on total 17.9% 0.4% 2.1% 1.0% 1.4% TOTAL Hampton Branch Library at Oak Hill Land Acquistion (Fleet) Animal Service Center Improvements Homeless Shelter COMMUNITY FACILITIES $ 58,000,000 $ 20,000,000 $ 10,000,000 $ 3,000,000 $ 25,000,000.00 43% 3.6% 34% 2.9% 17% 1.4% 5% 0.4% 8% % based on total TOTAL New Canyon Creek Substation (Police) Fire Station 26 (includes EMS) PUBLIC SAFETY $ 91,000,000 $ 62,000,000 $ 29,000,000 31.9% 68.1% 13% % based on total 8.9% 4.1% 9 Initial Draft Recommendation – Proportionality Recommended (Named & Example) Projects by District* (Millions) Total (Millions) CD 1 CD 2 CD 3 CD 4 CD 5 CD 6 CD 7 CD 8 CD 9 CD 10 Citywide Programs 55.3 38.8 38 12 22.2 31.5 15 20 33.8 32.6 400.7 % 7.9% 5.5% 5.4% 1.7% 3.2% 4.5% 2.1% 2.9% 4.8% 4.7% 57.3% Citywide 57% CD 1 8% CD 2 5% CD 3 5% CD 4 2% CD 5 3% CD 6 5% CD 7 2% CD 8 3% CD 9 5% CD 10 5% 10 What’s Next? • Phase II survey: February 17 – March 17, 2026 • Phase III community input “Open House” events: February 17 – 28, 2026 • City staff provides initial draft recommendation presentation to BEATF: February 23, 2026 • City Council regular meeting, discussion/action on Decision Tree: February 26, 2026 • BEATF provides recommendation to Mayor and City Council: May 4, 2026 • Staff submits final recommendation to Mayor and City Council: May 8, 2026 • City Council work session to discuss proposed bond package: May 19, 2026 • City Council provides a final recommendation and resolution directing staff to prepare an ordinance to order bond election: May 21, 2026 • City Council ordinance to call a bond election & set ballot: between August 6 - 17, 2026 • Bond election: November 3, 2026 11 QUESTIONS 12 Initial Draft Recommendation Department Austin Animal Services AACME Austin Public Health Austin Public Library Austin Water EMS Austin Financial Services Austin Fire Department Austin Fleet Mobility Services Homeless Strategy Office Housing Austin Municipal Court Open Space Austin Parks & Recreation Austin Police Department Austin Transportation & Public Works Austin Watershed Protection Total Needs Assessment ($ in Millions) Draft Recommendation ($ in Millions) 133 131 93 133 40 94.4 97.4 131 269 65 350 10 300 410 240.5 570 612.7 $3.7 B 3 0 0 20 0 14.5* 0 14.5* 10 25 0 0 10 140 62 251 160 $ 700 M Community Facilities 8% Transportation 36% Public Safety 13% Watershed + Open Space 23% Parks + Parkland 20% 13 Initial Draft Recommendation – Proportionality Recommended (Named & Example) Projects by District* ($ in Millions) Total ($ in Millions) % CD 1 CD 2 CD 3 CD 4 CD 5 CD 6 CD 7 CD 8 CD 9 CD 10 Watershed ATW Fire/EMS Watershed ATPW Fleet Watershed ATPW ASO Watershed Watershed ATPW APD Watershed APL Watershed ATPW Watershed APD 21.2 5.1 29 20 8.8 10 27.1 7.9 3 12 6.4 15.8 31.5 15 20 .75 33 1.1 31.5 Total Named & Example Projects Citywide Programs 55.3 18.5% 38.8 13% 38 12 22.2 31.5 15 20 33.8 32.6 299.3 400.7 12.7% 4% 7.4% 10.5% 5% 6.7% 11.3% 10.9% 42.7% 57.3% 14