Richardson holds first public hearing on $223.4 million 2026 bond program; second hearing set for Jan. 12

City staff summarized the proposed 2026 bond program, describing a multi-proposition package that directs roughly 60% of funds to core infrastructure (streets, alleys and mobility) and identifies specific allocations for transportation, sidewalks, drainage, parks and public buildings.

Staff reported a program total of $223,400,000 and noted that $23,500,000 of facility authorization is included but would not be sold in the first fiscal year of the program. The transportation proposition would rebuild 14 locations and add two new locations, with $4.2 million recommended for certain collector/active-transportation improvements; the streets and alleys total and line-item details were presented in summary form.

On drainage, staff highlighted Highland Terrace low-branch phases 1 and 2 and increased erosion-control funding from $3.5 million to $5.0 million to address tributary issues raised in resident outreach. Park projects listed included an aquatic project at Cottonwood Pool (removal and spray ground) and the Breckenridge Park Complex B project with playground, restroom and parking improvements.

The council opened the public hearing and, with no members of the public wishing to speak, voted unanimously to close the hearing and scheduled a second public hearing on the bond program for Jan. 12, 2026 at 6 p.m. No bond authorization or sale occurred at the meeting; staff will present additional materials at the next hearing.