Request by the Office of Management and Budget for approval of an order authorizing and ordering the issuance of Harris County, Texas Permanent Improvement Tax and Revenue Certificates of Obligation, Series 2026A; authorizing the authorized representative to approve the amounts, interest rates, prices and terms thereof and certain matters relating thereto; levying a continuing and direct annual ad valorem tax and pledging such tax and certain revenues to the payment of said certificates; prescribing the terms and form thereof; providing for the payment of the principal thereof and interest thereon; awarding the sale thereof; authorizing the preparation and distribution of an Official Statement to be used in connection with the sale of the certificates; and making other provisions regarding such certificates, including use of the proceeds thereof, and matters incident thereto, and all other activities which will support the issuance and administration of the certificates, including the opening of bank accounts. | Community Exchange
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Request by the Office of Management and Budget for approval of an order authorizing and ordering the issuance of Harris County, Texas Permanent Improvement Tax and Revenue Certificates of Obligation, Series 2026A; authorizing the authorized representative to approve the amounts, interest rates, prices and terms thereof and certain matters relating thereto; levying a continuing and direct annual ad valorem tax and pledging such tax and certain revenues to the payment of said certificates; prescribing the terms and form thereof; providing for the payment of the principal thereof and interest thereon; awarding the sale thereof; authorizing the preparation and distribution of an Official Statement to be used in connection with the sale of the certificates; and making other provisions regarding such certificates, including use of the proceeds thereof, and matters incident thereto, and all other activities which will support the issuance and administration of the certificates, including the opening of bank accounts.
Harris County Commissioners Court will consider authorizing the issuance of long-term borrowing certificates to fund county facility and infrastructure improvem
On July 9, 2026, Harris County Commissioners Court will consider a request from the Office of Management and Budget to issue Permanent Improvement Tax and Revenue Certificates of Obligation, Series 2026A. These are a type of long-term borrowing used to fund construction, repairs, and improvements to county facilities and infrastructure. The order would set interest rates, terms, and the sale of the certificates, and would pledge county property tax revenue and other revenues to repay them.
Harris County plans to borrow money by issuing certificates of obligation. Repayment would come partly from property taxes paid by county residents. Neighbors may want to know how much is borrowed and what it funds.