20260603-003, Bond Election Advisory Task Force Final Recommendation Presentation — original pdf

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Bond Election Advisory Task Force Final Recommendation Dave Sullivan BEATF member Environmental Commission, June 3, 2026 BEATF History • City Council Resolution No. 20240718-093 directed the City Manager to prepare and present a comprehensive bond package for a bond election no later than November 2026. • Bond Election Advisory Task Force (BEATF) was designated by City Council Resolution 20240829-138 to suggest projects for consideration for a comprehensive general obligation (GO) bond election. • 22 members, each Council member appointing 2 members. • GO bonds pay for capital projects – buildings, roads, land purchase, parks, sidewalks, stormwater controls, etc., not operations and maintenance. BEATF History • BEATF met twice a month (generally) and created 6 work groups to consider potential bond items: • Community Engagement • Stormwater/Watershed Protection • Parkland and Open Space • Affordable Housing • Facilities and Assets (Libraries, Rec Centers, etc.) • Transportations and Electrification • City staff presented a list of $3.9 billion worth of city capital needs. BEATF History • A City Council “sub-quorum” suggested a smaller ~$375M to $400M bond package, and the BEATF obliged. This smaller package included $250M-$260M for Parks & Open Space, $50M-$60M for Facilities & Assets, and $70M-$80M for Transportation. • From our Community Engagement WG research, Housing and Transportation are the top priorities. Across all engagement methods, these categories emerged as the most consistent and widely supported, with additional support for quality-of-life investments such as parks, recreation, and community facilities. • City staff has proposed postponing the GO Bond election from Nov. 2026 to Nov. 2028. In 2028 we would have a larger number of voters, and debt from earlier bond elections paid off. $200M $147M $175M $113.4M $131M Watershed / Stormwater projects Stormwater$MOpen Space Acquisition12Small Scale Stormwater & Drainage Asset Management9Stormwater & Drainage Partnership Opportunities14Stormwater Resilience Program3Tannehill Creek - Bartholomew Park Stormwater Treatment Retrofit1.4Walnut Creek - North Acres Storm Drain4Tannehill Creek - Morris Williams Stormwater Improvements8.5Boggy Creek - Kealing Park Green Infrastructure Program1.3Walnut Creek - McNeil Dr Low Water Crossing Improvements1.5Colorado River - CAPEX Water Quality Control21.65Williamson Creek - Brassiewood Dr. Ph 3 Neighborhood Stormdrain Improvements20Boggy Creek - MLK TOD Stormwater Conveyance Improvements Ph 31.5Waller Creek - Guadalupe St Flood Risk Reduction Project Ph 1-315.575Total113.425Well, we proposed a little more than $750M • City staff’s recommendation reflected a different set of priorities than those used by the BEATF, and proposed $0 for Affordable Housing, • $251M for Transportation • $132M for Stormwater/Watershed • $181M for Parks and Open Space • $91M for Public Safety • $95M for Facilities and Assets • Total $750M • $0 for Affordable Housing based on amount yet to be spent from an earlier (2022) GO bond for Housing. However, at current spending rate that balance will likely be spent by 2027 or early 2028. We also tracked expected Greenhouse Gas emission per year (Metric Ton CO2 equiv.) • So much of transportation was sidewalks, trails, electric charging stations for City vehicles, that we have a net negative increase in GHG emissions overall. Total $MGHG MT/yr147(149,264) Transportation113.488,371 Stormwater/Watershed175337 Parks13116,920 Facilities20012,240 Housing766.4(31,396) We’ll just have to see what the City Council chooses to do…. • For more info, see 2026 Bond Development | Austin Capital Delivery Services | AustinTexas.gov • Also, Meetings of the 2026 Bond Election Advisory Task Force - Page 1 | AustinTexas.gov • Next 2 slides show more detail, but one may need to zoom in…. document.cfm document.cfm