PILLAR: Sustainable
AGENDA DATE: June 24, 2026
COUNCIL DISTRICT(S): Citywide
DEPARTMENT: City Manager’s Office
PRIORITY: Infrastructure
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SUBJECT
Title
Authorize the City Manager to prepare for and present, at the August 12, 2026 City Council meeting, the actions necessary to call a November 2026 bond election for the issuance of (1) public safety general obligation bonds; and (2) pension obligation bonds for the Dallas Police and Fire Pension System - Financing: No cost consideration to the City
*In alignment with Bond Implementation Program.
Body
BACKGROUND
On June 10, 2026, during a Special Called Council Meeting, the City Council received an additional briefing on Public Safety needs. That briefing highlighted several projects requiring funding prior to the next regularly scheduled bond program, including: the Law Enforcement Training Complex, the Public Safety Training Complex, the 911 and Emergency Operations Center, the Dallas Police Department Property Room and Evidentiary Vehicle Storage, and the replacement of Fire Station No. 4 at 816 South Akard, for a combined public safety capital need of $441,000,000.00. During the same June 10 briefing, the City Council was also briefed on the need for a pension obligation bond program in the amount of $500,000,000.00 for the Dallas Police and Fire Pension System.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
The City Council was briefed on the funding shortfall of the Law Enforcement Training Facility at the University of Texas at Dallas and the projected cost of the Public Safety Training Complex currently proposed for the Dallas Executive Airport on April 15, 2026.
The Ad Hoc Committee on Pensions and the Finance Committee was briefed on the opportunity for Pension Obligation Bonds for the Dallas Police and Fire Pension System as part of a joint committee meeting on May 21, 2026.
The City Council was briefed during a Special Called Council Meeting on the Public Safety Needs highlighting to the projected cost of several projects and the need of a pension obligation bond program in the amount of $500,000,000.00 on June 10, 2026.
FISCAL INFORMATION
No cost consideration to the City.