“Since 2006, Tarrant County has become one of the fastest growing counties in the nation, resulting in an increased demand on our transportation system,” County Administrator G.K. Maenius said when announcing the 2021 transportation bond program.
Fort Worth’s Transportation & Public Works staff has reviewed the county’s bond policy, criteria, and three main funding categories to identify eligible projects with the best opportunity for county bond funding.
The city would be required to provide at least a 50 percent local match of the total cost of each project. The proposed 2022 city bond program funds are expected to provide the bulk of the local match, along with available transportation impact fee funds and other sources as available.
Tarrant County will establish a project evaluation committee to develop a priority list of projects that will be sent to the Commissioners Court for approval. These projects have been identified for city funding and Tarrant County bond funding:
- Arterials, 12 projects with a $302,200,000 total project cost
- Intersections, 12 projects with a $32,800,000 total project cost
- Traffic signals, 15 projects with a $9 million total project cost
- Grade-separated railroad crossings, $60 million total project cost
The city’s identified projects total $404,100,000, with $204,500,000 of that amount coming from the city’s 2022 bond and other funding sources.
“City staff is constantly looking at projects that are candidates for a bond election and have been working on the proposed 2022 Bond program since the summer of 2019,” said City Manager David Cooke. “The selected projects are an excellent opportunity to partner with Tarrant County to make some roadway improvements throughout the city.”
