Bond oversight commissioners press for disaggregated quarterly spending reports; elect vice chair After a Capital Delivery Services briefing showed concentrated unspent balances, commissioners asked Financial Services for quarterly, disaggregated reports separating general obligation and revenue bonds and identified departments with recurring delays; the commission also re-nominated the chair and voted to approve a vice chair.

Austin's Bond Oversight Commission is calling for clearer, more detailed spending reports after uncovering shocking discrepancies in capital expenditures!

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City staff: a few major projects hold most unspent bond dollars as commission eyes reporting changes Capital Delivery Services deputy director Eric Bailey told the Bond Oversight Commission that a small number of projects account for the bulk of unspent non-housing bond balances, and commissioners pushed staff and Financial Services for clearer, disaggregated quarterly reporting to identify recurring barriers to spending.

A small handful of major projects are holding up millions in unspent bond dollars, prompting urgent calls for clearer reporting and faster progress.

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