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Three major road reconstruction projects in the city of Buda have seen progress in the design phase. As final designs move closer to completion, the projected costs of each project become clearer.
According to current project projections, the city does not have the budget to fund the construction of all three projects in their current stage, said Capital Improvements Program Manager Austin Messerli.
The gist: Proposition A of the 2021 Buda Bond Project, funding transportation projects, has a $9 million deficit between the approved funding and project costs, according to agenda documents.
All three projects are projected to cost more than their allocated funding, according to agenda documents:
- Austin Street reconstruction project: projected $1.9 million deficit
- Old Black Colony Road reconstruction project: projected $5.9 million deficit
- West Goforth Road reconstruction project: projected $7.1 million deficit
City staff is evaluating solutions to the funding deficit, including completing the West Goforth Road reconstruction project in phases and fully constructing the remaining two projects, Messerli said.
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