R-2025-193 - 7/24/2025 RESOLUTION NO. R-2025-193
WHEREAS, the Round Rock Transportation and Economic Development Corporation has
adopted a Five-Year Funds Allocation Plan ("Plan") for FY 2026-2030, and
WHEREAS, the City Council wishes to ratify said Plan, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,TEXAS,
That the adoption of the Plan by Round Rock Transportation and Economic Development
Corporation, which is attached hereto as Exhibit"A," is hereby ratified.
The City Council hereby finds and declares that written notice of the date, hour, place and
subject of the meeting at which this Resolution was adopted was posted and that such meeting was
open to the public as required by law at all times during which this Resolution and the subject matter
hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act,
Chapter 551,Texas Government Code, as amended.
RESOLVED this 24th day of July, 2025.
CRAIG ORG , Mayor
City of ound ock, Texas
ATTEST:
ANN FRANKLIN, City Clerk
0112.20252;4908-2608-3925
Round Rock Transportation and Economic Development Corporation
5-Year Funds Allocation Plan 2026 - 2030
Beginning Balance - Funds Available 10/1/2025 140,052,730
5-Year Revenue Forecast
Sales Tax 169,830,800
Transportation CO Bonds 95,000,000
Contributions/Other 39,662,200
Total 5-Year Revenue Forecast 304,493,000
Fund Reserve (1,000,000)
Total 5-Year Funds Available 443,545,730
5-Year Transportation Projects
TCIP Programmed (includes pending TCIP amendment) 238,140,000
Other:Traffic Signals Maintenance, Admin, etc. 13,768,261
Debt Payments 39,987,200
5-Year Fund Programmed 291,895,461
Transportation Planned Projects 92,100,000
Total 5-Year Transportation Need 383,995,461
5-Year Economic Development Projects
Chamber Contract 4,925,200
Downtown Improvements & Marketing 2,136,000
Committed Economic Incentive (EIP) Payments 24,335,000
5-Year Fund Programmed 31,396,200
Economic Development Planned Projects 3,000,000
Total 5-Year Economic Development Need 34,396,200
5-Year Parks and Recreation Projects
Old Settlers Park Track & Fields 10,500,000
5-Year Parks and Recreation Need 10,500,000
Total 5-Year Expenditure Forecast 428,891,661
Net available to be allocated at end of 5-years 14,654,069
This allocation plan will be updated at least annually.