15. • Planning & BudgetTravis County (Travis County)

Consider and take appropriate action on an order accepting and approving the annual service plan update to the 2024 amended and restated service and assessment plan, including an updated assessment roll and updated buyer disclosures for the Bella Fortuna Public Improvement District. (Commissioner Morales)

Presented in: Travis County Commissioners Court Voting Session on 2026-08-11

Staff Report & Agenda Item Details

The Bella Fortuna Public Improvement District (the “District”) was created by the Commissioners Court of Travis County, Texas (the “County”) on October 31, 2017, and was the second public improvement district (“PID”) whose formation was authorized by the Commissioners Court. The County and the Travis County Development Authority (“TCDA”) entered into a Contract for Management and Administrative Services dated April 24, 2018 pursuant to which TCDA agreed to provide management and administrative services for public improvement districts created by the Commissioners Court, including the District. TCDA has selected a third-party administrator (the “Administrator”) to assist TCDA in the management and administration of public improvement districts. On December 1, 2020, the Commissioners Court, after notice and public hearing, adopted an order which, among other things, accepted and approved a service and assessment plan for the District (the “2020 SAP”), approving the Assessment Roll and levying Assessments on the Assessed Property within the District. The 2020 SAP identified the Authorized Improvements to be provided by the District, the costs of the Authorized Improvements, the indebtedness to be incurred for the Authorized Improvements, and the manner of assessing the property in the District for the costs of the Authorized Improvements. On March 19, 2024, the Commissioners Court approved the 2024 Amended and Restated Service and Assessment Plan (the “2024 A&R SAP”) which served to amend and restate the 2020 SAP in its entirety for the purposes of (1) incorporating provisions relating to the TCDA’s issuance of PID Bonds, and (2) updating the Assessment Roll. On September 17, 2024, the Commissioners Court approved the Annual Service Plan Update to the 2024 Amended and Restated Service and Assessment Plan for 2024 (the “2024 Annual Service Plan Update”), including a Corrected Assessment Roll. On August 26, 2025, the Commissioners Court approved the Annual Service Plan Update to the 2024 Amended and Restated Service and Assessment Plan for 2025 (the “2025 Annual Service Plan Update”), including a Corrected Assessment Roll. Pursuant to the PID Act and to the terms of the Service and Assessment Plan, the Commissioners Court is required to at least annually update the Service and Assessment Plan, including the Assessment Rolls (each, an “Annual Service Plan Update”). The County’s Public Improvement District Policy requires that the annual installment of assessments be billed and collected by the Travis County Tax Assessor-Collector. Attachment document: An Order of the Commissioners Court of Travis County, Texas Accepting and Approving the 2026 Annual Service Plan Update to the 2024 Amended and Restated Service and Assessment Plan, including an Updated Assessment Roll and Updated Buyer Disclosures for the Bella Fortuna Public Improvement District; Making and Adopti