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City staff outline changes to 2026 bond development: earlier project vetting, tightened eligibility
Summary
Capital Delivery Services deputy director Eric Bailey told the Urban Transportation Commission that the 2026 general obligation bond process will bring project scope, schedule and budget work forward of the ballot, tighten eligibility and use new scoring matrices to shrink a $4.9 billion needs list toward a roughly $700 million package.
Eric Bailey, deputy director of Capital Delivery Services, briefed the Urban Transportation Commission on Sept. 2 about updates to the City of Austin’s 2026 general obligation bond development and delivery plan.
Bailey said CDS has changed its approach: rather than placing conceptual projects on the ballot and developing scope and budget after passage, staff are now completing project planning — including scope, schedule and budget estimating — before a proposition goes to voters. The intent, Bailey said, is to reduce the risk that projects will be underfunded after voter approval and to allow the city to deliver projects more quickly after a successful election.
Bailey described a substantial staff effort that has convened…
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