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NOTICE IS HEREBY GIVEN that the Commissioners Court of Travis County, Texas (the “County”), will meet at its regular meeting place in the Commissioners Court Room on the first floor, 700 Lavaca Street, Austin, Texas at 9:00 a.m. on Tuesday, April 9, 2024 (unless alternative meeting arrangements are required to address public health concerns, which meeting arrangements will be specified in the notice of such meeting posted in accordance with applicable law), which is the time and place tentatively set for the passage of an order and such other action as may be deemed necessary to authorize the issuance from time to time of one or more series of the County’s certificates of obligation (the “Certificates”), in the maximum aggregate principal amount not to exceed FIFTY MILLION THREE HUNDRED AND SEVENTY-FIVE THOUSAND DOLLARS ($50,375,000), payable from ad valorem taxes and from a limited pledge of certain surplus revenues of the County’s solid waste disposal system in an amount not to exceed $1,000, bearing interest at any rate or rates not to exceed the maximum interest rate authorized by law, as shall be determined within the discretion of the County Commissioners Court on or before the date of issuance of the Certificates, and maturing over a period not to exceed twenty (20) years from the date of issuance, for the purpose of evidencing the indebtedness of the County for all or any part of the costs associated with (i) constructing and improving County roads, including bridge construction and improvement, utility relocation, safety and signalization improvements, related road drainage, bike lane and sidewalk improvements, and acquiring land and right-of-way in connection therewith; (ii) constructing and improving County parks, including acquiring land and right-of-way in connection therewith; and (iii) professional services of attorneys, engineers and other professionals in connection with the above-described purposes, and the costs of issuance of the Certificates, including but not limited to fees for professional services and incidental expenses related to such purposes.  The estimated combined principal and interest required to pay the Certificates on time and in full is $69,423,500.  Such estimate is provided for illustrative purposes only, and is based on an assumed interest rate of 4.50%.  Market conditions affecting interest rates vary based on a number of factors beyond the control of the County, and the County cannot and does not guarantee a particular interest rate associated with the Certificates.  As of the date of this notice, the aggregate principal amount outstanding of tax-supported debt obligations of the County is $900,550,000, and based on the County’s expectations, as of the date of this notice the combined principal and interest required to pay all of the outstanding tax-supported debt obligations of the County on time and in full is $1,147,896,497.

COMMISSIONERS COURT
TRAVIS COUNTY, TEXAS
February 6, 2024

TAX RATE: TRAVIS COUNTY ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 12.7 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $34.51.