Government Capital Corporation

Government Capital Corporatoin is a leading public finance firm offering its clients a broad range of financing solutions.

Facilities

Bay City CDC Celebrates Aquatic Center Groundbreaking

Bay City, TX (August 2026) – After years of careful planning, the Bay City Community Development Corporation, the City of Bay City, Matagorda County, and the YMCA celebrate the groundbreaking of their landmark aquatic center. The project came about through Wellness Matagorda, an organization started in Matagorda County to help residents live healthier lives. Wellness Matagorda first created a Wellness Dome through their partnership with the hospital, offering a gym and therapy space to residents, followed by a walking trail. The aquatics center was the final phase of the project, made possible by the public private partnership between Bay City CDC and the YMCA.

Located adjacent to the Bay City Civic Center, the Aquatic Center will provide the county’s first year-round public aquatics center, offering safe, accessible opportunities for recreation, fitness, competitive swimming, and lifesaving water safety education. The Aquatics Center will feature an indoor pool for year-round use, an outdoor recreation pool, and spaces designed to support swim instruction, aquatic fitness, and competitive athletics.

While the Center will provide valuable recreational opportunities, its primary purpose is to improve water safety and community wellness. As a coastal county, Matagorda County faces an ongoing need for accessible swim instruction and water safety education. Through YMCA programming, the Center will offer swim lessons, water safety education, lifeguard certification, and more.

Groundbreaking on the site took place July 20th followed swiftly by the start of construction. The outdoor sections of the Center are anticipated to be completed in the Summer of 2027, followed by completion of the indoor sections in the Fall of 2027. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“We are incredibly grateful to Government Capital for their knowledge and expertise in financing for Texas community development corporations,” Melanie Townsend, Executive Director at Bay City CDC, shared. “Their partnership allowed us to make our vision a reality for our community.”

“I want to congratulate Melanie Townsend, Bay City CDC, and the communities of Bay City and Matagorda County on this landmark project,” Stephanie Cates, Senior Vice President at Government Capital Corporation, shared. “We take great pride in partnering with Texas development corporations and their private partners to provide funding to achieve their goals and objectives.”

About Bay City Community Development Corporation

Bay City, the county seat of Matagorda County, Texas, is situated just one hour from Houston and 20 miles from the Texas Gulf coast. The city covers 8.5 square miles and has a population of over 17,500 people. Bay City CDC’s mission is to create a welcoming, positive environment that encourages new and current businesses and their employees to invest in Bay City with human and financial capital. To learn more about Bay City CDC, visit baycitytxcdc.net.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $7 billion in Texas and across the country. For more information, visit www.govcap.com.

Jack CAD Announces Facility Acquisition and Renovation

Jacksboro, TX (July 2026) – Jack County Appraisal District announces the acquisition of a 2,400 square foot facility. Due to the District’s current office building aging and requiring various repairs, the Board of Directors determined acquiring a new building would be the most efficient and cost-effective step forward.

The new facility is currently configured as a warehouse but will be converted into office and boardroom space for the District. Renovations are expected to be completed over the summer for the staff to move in by the fall. Financing for the acquisition and renovations was provided by Government Capital Corporation of Southlake, TX.

“Jack CAD is grateful to have partnered with Government Capital on this project,” Nichole Rose, Deputy Chief Appraiser at Jack CAD, shared. “Government Capital’s expertise in tailoring financing for Texas Appraisal Districts made the financing process very smooth and easy, and everyone we worked with was very knowledgeable and helpful.”

“I want to congratulate Nichole Rose and the Jack County Appraisal District on acquiring and renovating their new facility,” Drew Whitington, Vice President at Government Capital Corporation, shared. “We take great pride in partnering with Texas Appraisal Districts to support them in utilizing the tax-exempt financing structure made available by Texas Senate Bill 2073 to fulfill their goals and objectives.”

About Jack County Appraisal District

The Jack County Appraisal District appraises property for ad valorem taxation of nine taxing authorities. The CAD’s mission is to courteously and professionally serve the taxing units of Jack County Appraisal District by providing equal and uniform appraisals of all properties whereby efficient assessment and collections services will be performed on behalf of participating taxing units in compliance with the statutes of the Texas Property Tax Code. To learn more about Jack County Appraisal District, visit www.jackcad.org.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $7 billion in Texas and across the country. For more information, visit www.govcap.com.

Fort Bend CAD Announces Facility Acquisition

Rosenberg, TX (June 2026) – Fort Bend Central Appraisal District (FBCAD) announces the acquisition of a 200,000 square foot office building in Sugar Land. As Fort Bend County has rapidly grown in recent years, so too have the demands on the Appraisal District. The new facility will allow the FBCAD staff to function with greater efficiency and better meet their operational, logistical, and strategic needs.

The district is currently in the pre-construction phase of the renovation process, working with architects on design of six of the eight floors of the building. Construction is anticipated to finish by early 2027, with the aim of enabling the FBCAD team to move in and become fully operational by the equalization phase of the tax calendar.Financing for the acquisition and renovations was provided by Government Capital Corporation, Southlake, Texas.

“We appreciated the opportunity to partner with Government Capital during this process.  Their expertise gave our team and the Board of Directors a high comfort factor throughout a complicated project,” Tiffany Benjebbour, Director of Special Projects at Fort Bend CAD, shared. “By working together, FBCAD was able to secure the financing to acquire and renovate a facility that meets the needs of a growing county and allows us to best serve the public.”

“I want to congratulate Jordan Wise, Tiffany Benjebbour, and the Fort Bend Central Appraisal District on acquiring their new facility,” Drew Whitington, Vice President at Government Capital Corporation, shared. “We take great pride in partnering with Texas Appraisal Districts to support them in utilizing the new tax-exempt financing structure put in place by Texas Senate Bill 2073.”

About Fort Bend Central Appraisal District

Fort Bend Central Appraisal District was established in 1982 for the purpose of discovering and appraising property for ad valorem tax purposes for each local taxing unit within the boundaries of the district. The district has approximately 428,000 accounts to appraise each year with a total market value of close to $184,000,000,000. To learn more about Fort Bend Central Appraisal District, visit www.fbcad.org .

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $7 billion in Texas and across the country. For more information, visit www.govcap.com.

Montgomery County ESD 9 Announces Station Renovation Project

Before photo of Station 86.

Conroe, TX (June 2026) – Montgomery County ESD 9 has begun renovations on Fire Station No. 86. After nearly 50 years of wear and tear, the station was due for an update of its living quarters. Keeping the apparatus bays intact, the renovations include a new watch office, kitchen, dorms, weight room, and separate living area away from the apparatus. The renovations are progressing smoothly and are expected to be completed in September 2026. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“We have partnered with Government Capital for years, and this department is built on customer service – always putting the customer we serve first – the same principal Government Capital applies to their customers,” Raymond Flannelly, Fire Chief of Montgomery County ESD 9, shared. “Gov Cap is in touch with our needs and our growth as well as our funding ability and the best financing options for a growing department.”

“I would like to congratulate Chief Flannelly and the Montgomery County ESD 9 board on their station renovation project,” Landon Newton, Vice President at Government Capital Corporation, commented. “We take great pride in partnering with Texas emergency services districts to ensure their teams can provide the best service to their constituents.”

About Montgomery County ESD 9

Montgomery County ESD 9 is a career fire department that provides fire suppression and EMS service to roughly 70 square miles of Central Montgomery County in Southeast Texas. The department employs 47 full-time and part-time firefighters who respond to an average of 2,400 calls annually out of seven fire stations. To learn more about Montgomery County ESD 9, visit www.mcesd9.org.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $7 billion in Texas and across the country. For more information, visit www.govcap.com/public-safety.

Current progress as of May 2026.

East Lincoln County Fire & Rescue Approaches Station Completion

Toledo, OR (March 2026) – East Lincoln County Fire & Rescue nears the grand opening of the Eddyville Fire Station. As the District’s service area has grown over the years, so has the need for a more centralized emergency services location. In 2004, the District received property for the new station via a donation and began working toward solidifying building plans and securing funding. After receiving a grant in 2021, the District set their plans into motion to build the new station. Due to various time delays and cost overruns, the District partnered with Government Capital Corporation to secure the necessary funding to complete the construction project.

The new station will serve as the headquarters for East Lincoln County Fire & Rescue, meet daily emergency services needs, and function as a command post for any major incidents in the area. The facility is outfitted with dorm rooms to allow for 24-hour staffing, includes 1,300 square feet of storage space for disaster preparedness supplies, and is a designated meeting place and shelter for the public.

“Our financial need arose due to cost overruns beyond our control. Despite our best efforts to incorporate value engineering, the project quickly outmatched our finances. Government Capital was essential in securing the remaining funds we needed,” William Ewing, Fire Chief at East Lincoln County Fire & Rescue, shared. “The financing process was simple and complete, and despite our compressed timeframe, Government Capital was expeditious and ensured we had the ability to meet our needs.”

“I want to congratulate Chief Ewing and East Lincoln County Fire & Rescue on their successful station construction project,” Jana Jay, Fire District Finance Specialist at Government Capital Corporation, shared. “We take great pride in partnering with Oregon Fire & Rescue districts to support them in achieving their goals of providing critical emergency services to their communities.”

About East Lincoln County Fire & Rescue

East Lincoln County Fire & Rescue began as the Toledo Rural Fire Protection District in 1958 covering the rural area outside the City of Toledo on Oregon’s West Coast. Today, the district serves over 4,000 residents in a 55-square-mile service area including 25 miles of busy highway and a large unincorporated rural area. To learn more about East Lincoln County Fire & Rescue, visit their website at eastlincolncountyfirerescue.specialdistrict.org.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $7 billion in Oregon and across the country. For more information, visit www.govcap.com.

Medina CAD Announces Facility Acquisition and Renovation

Hondo, TX (March 2026) – Medina Central Appraisal District announces the acquisition of an 8,300 square foot office building in the City of Hondo. A move a long time in the making, the acquisition comes after years of dedicated planning and budgeting coupled with significant growth in Medina County. Renovations to restructure the space to best fit the District’s needs are scheduled to begin promptly. Financing for the acquisition and renovations was provided by Government Capital Corporation of Southlake, TX.

“The Government Capital team has been a tremendous help and has made the financing process a smooth one despite some issues we encountered prior to the legislative changes,” Johnette Dixon, Chief Appraiser at Medina CAD, shared.

“I want to congratulate Johnette Dixon and the Medina Central Appraisal District on acquiring and renovating their new facility,” Drew Whitington, Vice President at Government Capital Corporation, shared. “We take great pride in partnering with Texas Appraisal Districts to support them in navigating the new tax-exempt financing structure made available by Texas Senate Bill 2073.”

About Medina Central Appraisal District

Medina Central Appraisal District is responsible for appraising all real and business personal property within Medina County in South Central Texas. Their mission is to provide accurate property assessments to facilitate the local funding for our county, schools, cities, and other special districts that derive budgets and other operating expenses from local property taxes. To learn more about Medina Central Appraisal District, visit medinacad.org.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $7 billion in Texas and across the country. For more information, visit www.govcap.com.