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San Marcos preview: $165M pipeline of CIP projects, bond talk paused until economy improves
Summary
City staff told council the FY27 capital improvements program includes roughly $165M of projects in various stages and several large, grant‑dependent projects (a $35M Sunset Acres subdivision, a $100M FM‑1978 reclamation plant). Staff said a general‑obligation bond is unlikely until the economy improves, with council told the earliest viable bond might be 2031.
City staff presented a consolidated view of major capital projects at the Jan. 29 visioning workshop, telling the council the CIP pipeline includes a broad mix of stormwater, wastewater, electric and neighborhood projects that will require grant support and long‑term financing.
Sean Condor, director of engineering and capital improvements, said the FY2027 CIP list contains roughly $40 million of annually planned work but that the total set of projects being prepared for funding across all years approaches $165 million. He highlighted several high‑cost, grant‑dependent projects:
- Sunset Acres subdivision and related off‑site improvements: design is about 95 percent complete; construction…
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