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City staff recommends $200 million baseline for 2026 bond; council asks for public input and confirms December–January timeline
Summary
City staff proposed using a conservative $200 million borrowing baseline for a potential 2026 bond and asked council to confirm priorities and a public‑input schedule ahead of December–January proposition work.
City Manager and capital projects staff briefed the Richardson City Council on preliminary planning for a possible 2026 bond program and presented a conservative financing model that would generate roughly $200 million in new issuance without increasing the tax rate if current assumptions hold.
Mr. Don Magner and capital‑projects staff described the timeline and a “blocking exercise” that maps dollars to broad categories rather than final projects. Using conservative…
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