The City of Round Rock has a target of investing a minimum of $240 million from 2019 to 2024 to improve roadway capacity and connectivity in a program we call Driving Progress.
In 2019, the City put in place funding strategies to accelerate transportation improvements that are components of the $1.2 billion Transportation Master Plan approved in October 2017.
- Roadway Impact Fees: The City Council approved Roadway Impact Fees in March 2019, which will be paid by developers to cover some of the costs of expanding our transportation network necessitated by their projects.
- Certificates of Obligation (COs): These are bonds backed by property taxes. In April 2019, the City issued $30 million in certificates of obligation to kick off funding for the program. In April 2020, the City Council approved the second round of $30 million in COs.
- Sales tax revenue: In 1997, Round Rock voters approved an additional half cent to the local sales tax rate to help pay for major transportation improvements. This half-cent, Type B sales tax revenue also funds the City’s economic development efforts.
- State and federal grants: The City receives grant funding like those received through the Capital Area Metropolitan Planning Organization (CAMPO).
- Private sector: Prior to the implementation of Roadway Impact Fees, developers often dedicated right of way and/or funded a portion of construction of roadways and traffic signals to compensate for the demand their projects placed on the transportation network.
- County bonds: Funding for some Round Rock projects comes from the general obligation bonds approved by Williamson County voters in November 2019.
- University Boulevard widening from the IH-35 frontage road to Sunrise Boulevard
- Logan Street extension from Greenlawn Boulevard to A.W. Grimes Boulevard
- Kenney Fort Boulevard extension from Old Settlers Boulevard to Joe DiMaggio Boulevard (known as Segment 4)
- University Boulevard widening from A.W. Grimes Boulevard to SH 130
- Kenney Fort Boulevard extension from Forest Creek Drive to SH 45 frontage road (known as Segments 2, 3)
- Gattis School Road widening from Via Sonoma Trail to Red Bud Lane (known as Segment 6)
- Gattis School Road widening from .25 miles west of A.W. Grimes to .2 miles east of Double Creek Drive (known as Segment 3)
- Wyoming Springs extension from Brightwater Boulevard/Creekbend Boulevard to FM 3406/Old Settler’s Boulevard
- Red Bud Lane North widening from Wal-Mart at U.S. 79 to County Road 117
- Red Bud Lane South widening from Evergreen Drive to Gattis School Road
- Old Settlers Boulevard extension from Red Bud Lane to County Road 110
- County Road 112 from A.W. Grimes Boulevard to CR 110
- TxDOT: RM 620 improvements from IH-35 to Deepwood Drive
- Williamson County: North Mays Street extension Phase 1 (Paloma Drive to Oakmont Drive)