Harris Health gives quarterly bond update as $850M first tranche is mostly spent
Harris Health told commissioners that about $667M of the first $850M bond tranche has been spent on hospital and ambulatory projects and that the second installment is expected to close in June; officials stressed MWBE and apprenticeship tracking and pledged quarterly updates.
The full story
Harris Health executives told commissioners the $2.5 billion 2023 bond program is actively in construction and on schedule to receive a second bond installment. The health system reported it has spent roughly $667 million of the first $850 million tranche delivered in May 2025 and is running construction at a pace that will require the next issuance as early as June 2026.
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