Montgomery County officials have already allocated more than half of the first $120 million road bond issuance, with nearly $70 million committed to projects across all four precincts. The county is preparing for its next round of funding as early as 2026.
Montgomery County has designated almost $70 million in road bond funds, following the recent issuance of the initial $120 million segment of its $480 million road bond initiative, as revealed by county officials at the Commissioners Court meeting on October 28.
County Budget Officer Amanda Carter reports that the initial round of funding, which received approval in July, has already exceeded the 50% allocation threshold. Carter informed the commissioners that the county is gearing up for the upcoming bond issuance to sustain progress on local transportation initiatives.
“We’ve surpassed the 50% mark in allocations, and we’ve been working on this for about three or four months,” Precinct 3 Commissioner Ritch Wheeler stated during the meeting.
The financial report for October reveals that Precinct 2 has secured the most substantial allocation of first-round funds, amounting to $31 million, trailed by Precinct 3: $17.6 million, Precinct 4: $15.7 million, and Precinct 1: $4.5 million
In October, the county disclosed a total income of $129 million from the 2025 road bond program, which comprises $128 million in bond proceeds and approximately $1 million in interest earnings. According to Carter, approximately $60.1 million from the original $120 million issuance is still unallocated.
Carter suggested that the Commissioners Court extend an invitation to the county’s financial adviser, John Robuck, for the initial December meeting to assess market conditions and deliberate on the timing for the upcoming bond issuance. Wheeler indicated that advantageous circumstances might allow for an earlier progression than originally scheduled.
Finance officials announced that the county is on track to issue the next round of road bond funds by early 2026.
Voters in Montgomery County approved a $480 million road bond in May 2025, marking the first such bond in ten years, with the goal of addressing rising traffic congestion and improving transportation infrastructure. A total of 76 projects will receive funding across four precincts: 13 in Precinct 1, 19 in Precinct 2, 26 in Precinct 3, and 18 in Precinct 4.
In a decision made in July, commissioners opted to distribute bond funds according to the specific needs of projects instead of adhering to predetermined amounts for each precinct, providing greater adaptability as roadwork advances.
The county's bond initiative marks a significant milestone in its infrastructure development, designed to alleviate traffic congestion and accommodate the swift population increase throughout the area.
