Arun Agarwal, the Indian-American CEO of Dallas-based NextT, has been selected to serve as the chair of the Community Bond Task Force (CBTF) group in order to assist in the preparation of the 2024 Capital Bond Program.

The Dallas City Council and local leaders will receive assistance from the 15-member Community Bond Task Force committee, which is headed by Agarwal, in analyzing and choosing projects to be included in the 2024 Capital Bond Program.

Bond initiatives must be approved by voters in order for the city to get funds for its capital requirements. Therefore, it is illegal to use the funds that have been approved to pay for continuing programming costs like employees and perks.

“I’m particularly thrilled to help make significant improvements in parks, trails, and recreational amenities,” Agarwal said in a statement to PTI.

“The parks in our city and the programs designed to make it a safer and more active place to live have been strong areas of support for Mayor Johnson. I’m excited to work with Mayor Johnson, my task force colleagues, and Dallas residents to prioritize our city’s most pressing needs.”

Eric Johnson, the mayor of Dallas, said that as part of the next bond program, the city of Dallas will have a significant chance to invest in infrastructure, public safety, and its most pressing needs.

Since he has proven his capacity to be an effective and involved leader in our community, I am certain that Arun Agarwal will advocate on this task force for the objectives that are best for the people of Dallas.

Following an assessment of the USD 13.5 billion in needs inventory for the city, the Dallas City Council, which will ultimately determine whether to hold a bond election, will receive a recommendation of around $1 billion from the labor force.

The mayor claims that the appointment of Agarwal is more evidence of his administration’s dedication to ensuring that parks are given top priority in the bond program.

“We are working every day to make Dallas a safer, stronger, and more dynamic city, and we’re making significant, demonstrable progress,” Johnson said in his statement.

Agarwal holds additional positions as well, such as president of the Dallas Parks and Recreation Board, executive board member of UT Dallas, board member of Big Brothers Big Sisters International, and member of the MD Anderson Board of Visitors. He is also the head of the Indian American CEO Council. Her board of directors includes representatives from the US-India Friendship Council and the Texas Tech Innovation Hub at Research Park.