Montgomery County Commissioners met Sept. 3 meeting to review and consider the 2025 road bond financial report and voted 5-0 to consider modifications to the Keeshan Building remodel project.
Budget Officer Amanda Carter said according to the financial report, the county received a total income of over $192 million. No action was taken on the monthly report.
What happened: The county reported $188 million in bond proceeds and $4.23 million in interest income, bringing total revenue for the program to $192.23 million, according to agenda documents.. Of that amount, commissioners have allocated $166.7 million toward road projects, leaving $25.5 million for future allocations. The county also has $67.6 million in cash remaining in its road bond account.
Carter mentioned the next pool of funds will likely get started at a future commissioners court meeting in October.
The budget also showed:
$36 million encumbered funds,or committed through contracts and other obligations
Close to $125 million spent
The tranche will be available at the end of December or January, Carter said.
Another note: Commissioners also voted 5-0 on the recommendation to use MJR Services Inc as the vendor for the interior buildout plan for Precinct 3’s new, 8,000-square-foot- senior center, according to agenda documents.
Also up for discussion was the Old Plantersville Road Rehabilitation, Widening and Reconstruction road bond for Precinct 1. Purchasing Agent Kelly Vidal said the bid was awarded to Larry Young Paving, Inc. for $3.9 million. The last road bond item on the agenda included the Precinct 1 Farrell Road Widening from Seven Coves Road to FM 2432 . Commissioners voted 5-0 on the recommendation to award the bid to Top Star Construction, LLC for $4.4 million.