Montgomery County has spent more than $102 million from its voter-approved 2025 road bond program, with another round of bond funding likely coming near the end of the year.
During a July 9 Commissioners Court meeting, Budget Officer Amanda Carter said the county has received $188 million in bond proceeds and $3.7 million in interest income, bringing total revenue for the program to $191.7 million.
Of that amount, commissioners have allocated $145.3 million toward road projects, leaving $46.4 million available for future allocations. The county also had $89.3 million in cash remaining in its road bond account.
By the numbers
The July financial report shows the following allocations and spending by precinct:
- Precinct 1: $28.3 million allocated; $19.4 million spent
- Precinct 2: $56.6 million allocated; $44.1 million spent
- Precinct 3: $29.2 million allocated; $21.5 million spent
- Precinct 4: $31.2 million allocated; $17.3 million spent
Across all four precincts, an additional $40.8 million has been encumbered—or committed through contracts and other obligations—while $2 million remains within existing precinct allocations.
Carter said each commissioner has also received $550,000 generated through interest income in two rounds—an initial $350,000 followed by another $200,000. Those funds have generally been used for road projects outside the county’s original bond project list.
Looking ahead
The county still has $292 million in voter-authorized bonds available to issue. When asked when the next round could move forward, Carter said officials are looking toward the end of the calendar year.
“I think we’re going to be good until December,” Carter said.
Officials said future issuances will be sized around the county’s available debt capacity as it works to fund projects without increasing the tax rate tied to the road bond program.
How we got here
Montgomery County voters approved the $480 million road bond in May 2025 to fund 76 transportation projects across all four precincts. Commissioners later agreed to distribute funding based on project needs rather than assigning each precinct a fixed share of the bond.
