Posted on October 5, 2022
Many local government capital improvement bond packages in Tarrant County and the voter campaigns run in support of them have been financially supported by the Real Estate Council of Greater Fort Worth.
The bond packages, if approved by voters, fund many improvement initiatives. Roads and streets, new schools, water infrastructure, courthouses, and more are funded from these packages.
We are now compiling update information (where publicly available) about several of these bond program initiatives for the benefit of our members. These items will be updated biannually.
What is the Completion Status of these Bond Packages?
The chart below shows what proportion of projects detailed in the various bond programs are in the following stages of completion: funds allocated, planning, construction, and completed.
Note - Due to federal funding schedules, the Tarrant Regional Water District does not have any funds allocated or spent from the 2018 Special Bond Election for Panther Island/Central City. However, the project has recently received a vast majority of needed federal funding therefore, we expect to have a more robust report with our next update.
How much of Each Bond Package has been Spent So Far?
This graph depicts the amount of the bond package awarded versus spent. It is worth noting that some of the "Amounts Spent" exceed the "Amounts Awarded" due to various matching fund formulas.
Dig into the Details
If you would like to get more information about each bond program, please click here.
If you have questions about any of this data, please contact Karen Vermaire Fox at Karen@recouncilgfw.com
About the Real Estate Council of Greater Fort Worth
The Real Estate Council of Greater Fort Worth (REC of GFW) is the unified voice for the commercial real estate profession, influencing action and supporting change to accomplish long-term job growth and enhance the quality of life.
REC of GFW is made up of more than 500 members from more than 250 different companies who touch all facets of commercial real estate development. Besides conducting events and programs benefiting our members, REC of GFW addresses policy issues that affect development.
REC of GFW is focused on three main areas:
Expanding Relationships -- we provide forums and events where relationships are expanded and leaders are developed.
Addressing Development Challenges -- we acknowledge development challenges in Fort Worth, Arlington, and Tarrant County and formulate and execute solutions with other partners to solve these challenges.
Addressing Community Challenges -- we address and work to solve community challenges to promote long-term job growth and an enhanced quality of life in Fort Worth, Arlington, and Tarrant County.
The Real Estate Council believes that strong economic development is at the heart of growing Fort Worth, Arlington, and Tarrant County. Members work closely with civic, business, and public service leaders to strengthen the promotion of Tarrant County to companies, organizations, and others whose presence increases the prosperity of our community.