The document discusses the City of College Station's public debt management strategy and plans for fiscal year 2021 debt issuance. It outlines a 4-step process for establishing debt policies, gathering community needs, evaluating resources, and reviewing the strategy. General government and enterprise projects funded by debt since 2015 are shown, with the new police station requiring a 2.5 cent tax rate increase. The anticipated terms and amounts of FY21 debt issuance are provided for various funds. Current planning for a potential 2022 general obligation bond election is also outlined.

1. 1
1
FY21 DEBT ISSUANCE
May 13, 2021
City of College Station

2. 22
PUBLICDEBTMANAGEMENT STRATEGY
FUNDAMENTAL COMPONENT OF PUBLIC POLICY
Budget and Finance Policy reviewed and approved
by Council during Budget annually
Including:
Minimize risks and borrowing costs
Maintain maximum borrowing period
Maintain high rating
Consistent debt tax rate unless directed by Council
ESTABLISH POLICIES-STEP 1
Maintain long-term forecast (10+ years)
Adjust schedule for changes in needs and timing
projections
EVALUATE STRATEGY - STEP 4
Maintain comprehensive list of community
needs
Schedule projects to meet existing
resources
Review needs on a regular basis
GATHER NEEDS - STEP2
One penny on debt rate finances $12-$13M of
capital needs
Know timing of debt repayments
Evaluate refinancing at each availability
EVALUATE RESOURCES - STEP 3
1
2
3
4

3. 33
GENERAL GOVERNMENT DEBT FUNDED PROJECTS SINCE 2015
GENERAL GOV
Police Station (known
2.5 cent increase in
tax rate)
Fire Station #7 Land
STREETS
3 RR Crossing Projects
Greens Prairie Road / Trail
Royder Road
Traffic Signals
Sidewalks
PARKS
System-Wide Park
Improvements
Public Safety Radios
Fire Breathing Apparatus
City Hall
Library Improvements
Francis Dr Rehab
Munson Rehab
Lincoln Rehab Design
Aquatics Improvements
Central Park Pavilion,
Restrooms, & Parking Lot
Bee Creek Restroom &
Concessions
0%
10%
20%
30%
40%
50%
60%
70%
Additional 2015 CAC
GENERAL GOV
STREETS
PARKS
$100M ADDITIONAL PROJECTS
Intelligent
Transportation System
$82M in 2015 CAC PROJECTS
COMMUNITY INVESTMENTS
Fiber Infrastructure
Fuel System Upgrades
Video Surveillance
Veteran’s Improvements
Southeast Park Design
Thomas Park Improvements
Lincoln Center Improvements
Holleman
Widening
Holick, Park
Place, Anna,
and Glade
Rehabs

4. 4
GENERAL GOVERNMENTPERCAPITACOSTOF INVESTMENT
NEW PD DEBT OF 2.5 CENTS
The 2015 Citizen’s Committee rating the
construction of a new PD as its top priority
knowing there may be up to a 2.8 cent
increase in the debt side of the tax rate to
achieve.
EXISTING
2011 & PRIOR DEBT
In 2011, the City had $104M of debt
outstanding or $1,078 per capita.
The amount currently outstanding is
$886 per capita
2015 CITIZEN PRIORITIES
The 2015 Citizen’s Committee rating of
other priorities including the RR
crossing upgrades, and Green’s Prairie
improvements have been issued
beginning in 2016
2011 thru 2020
-
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Est.
$
/
capita
Year
General Government Per Capital Debt
Debt at 2011 2015 CAC New PD

5. 5
FY21DEBT ISSUANCEANTICIPATED TERMS
GENERAL GOVERNMENT AND ENTERPRISE
TOTAL ISSUANCE
$62.443M
STREETS
WASTEWATER
FACILITIES& TECHNOLOGY
WATER
ELECTRIC
$16.0MM for Underground and Overhead Distribution and
Transmission projects
$3.063M including the equipment due for replacement and
debt issuance costs
$1.750M including Facilities Maintenance relocation, and the
Technology revolver
$8.840M including RPR Elevated Storage Tank, and Greens
Prairie Water Tank rehab
$11.650 including the LCWWTP Expansion, Northeast Sewer
Trunkline and Woodson Village Rehab
$21.140M This amount increased by the $10M of Future Projects shown in March. We
received word from Union Pacific that the Capstone Barron Alignment project should proceed.
We also are fully funding the Greens Prairie Rd – Arrington from City Limits West of WS
Phillips project. – both are Citizen Committee 2015 projects
EQUIPMENT &OTHER
$36.490M Utility
$25.953M Gen Gov

6. 66
GENERAL GOVERNMENTGO BONDELECTION PLANNING
CURRENTLY IN PROCESS
2021 2022 BUDGET DEVELOPMENT 2022
2021
Staff Meeting with Operational
Departments, CMO and other
possible stakeholders to develop
listing of capital needs
Council appoints Citizens Advisory
Committee to review capital needs.
2022 BUDGET DEVELOPMENT
Capital Plan segregated into funded
and “approved projects with
expected future debt”
Recommending phased approach
to GO funding as existing projects
underway have planned issuances
(e.g. RR projects)
2022
CAC project recommendations and
estimates will be further refined as
directed by Council for a GO
Election.
Consideration of GO Election is
projects cannot proceed unless
cash funded for 3 years if voted
down