Series 2026 Certificates of Obligation for Capital Projects
Wichita Falls
Summary
The city is borrowing up to $26.9 million to fund high-profile projects like turning Kirby Middle School into a police station, fixing Fire Station 4, upgrading the Falls, and completing the Circle Trail. While officials say reserves and 4B tax funds keep property taxes steady, residents questioned why millions are spent on these projects while East Side flooding is left unaddressed.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed May 19, 2026.
Impact analysis
Borrows up to $26.9 million over a 20-year term, backed by existing reserves, 4B sales tax funds, and property taxes without raising the tax rate.
Residents citywide benefit from upgraded public safety facilities and enhanced recreation areas like the Circle Trail and the Falls.
East Side residents experience continued frustration as long-standing flooding and drainage infrastructure issues remain unaddressed while millions are allocated to other projects.
Mentions & discussions (3)
City Council Regular Meetings — City Council
The city is borrowing up to $26.9 million to fund high-profile projects like turning Kirby Middle School into a police station, fixing Fire Station 4, upgrading the Falls, and completing the Circle Trail. While officials say reserves and 4B tax funds keep property taxes steady, residents questioned why millions are spent on these projects while East Side flooding is left unaddressed.
Wichita Falls City Council to consider spending $26.9 million Tuesday
Wichita Falls City Council to consider spending $26.9 million Tuesday Times Record News
City Council Regular Meetings — City Council
The city approved issuing $26.9 million in certificates of obligation, backed by 4B sales tax funds, to build a new police headquarters at Kirby Middle School, rebuild the Falls, and complete the Lake Wichita Circle Trail.
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