CouncilTrac · Matter
What this is
The Council will review and discuss the possibility of placing a city bond program on the ballot in 2026, which could fund capital projects across Richardson.
Why it matters
A bond election could result in significant city investments — and potential impacts on property tax rates — affecting all Richardson residents.
Timeline
- July 9, 2026 Agenda posted — October 6, 2025 meeting
Appearances on agendas
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City Council — October 6, 2025
Review and discuss
Official agenda language
REVIEW AND DISCUSS THE POSSIBLE 2026 BOND PROGRAM
Documents
Related matters
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Discussion: 2026 general obligation bond and certificates of obligation sale
Council will review and discuss the upcoming sale of 2026 general obligation bonds and certificates of obligation, which are used to fund previously approved capital projects.
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Review bond and charter election communication plan
Council will review the city's plan for communicating with the public about an upcoming bond and charter election.
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Approve notice of intention to issue certificates of obligation
Council will consider a resolution authorizing publication of the legally required public notice that the city intends to issue certificates of obligation, a form of debt financing.
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Order a bond election for May 2, 2026
The council would formally call a bond election to be held on May 2, 2026, and make the administrative provisions needed to conduct it.
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Discussion: planned sale of Series 2026 city debt obligations
Council will review and discuss the city's plan to issue a new series of debt obligations in 2026. No formal vote is taken at this stage.