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Pflugerville approves $80.1 million in certificates of obligation to fund waterworks projects
Summary
The Pflugerville City Council approved two ordinances authorizing $52,925,000 (Series 2026 A) and $27,180,000 (Series 2026 B) in combination tax and surplus-revenue certificates of obligation to fund waterworks improvements; the sales were awarded to the Texas Water Development Board and council votes were unanimous.
Pflugerville City Council on Jan. 27 approved ordinances authorizing issuance of combination tax and surplus-revenue certificates of obligation Series 2026 A ($52,925,000) and Series 2026 B ($27,180,000) to finance waterworks improvements, awarding the sales to the Texas Water Development Board. The council approved both ordinances on first and final reading after closing the public hearings.
City staff said the projects came in under earlier cost estimates, reducing the amount the city needs to issue. "We originally applied for…
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