Breakdown of Austin’s $925 million bond: What you need to know


Austin voters will say yay or nay Nov. 6 to seven separate propositions—essentially buckets of specific project areas­—totaling $925 million.

City officials have touted a $250 million investment in affordable housing as the marquee item. Other propositions would address various city issues, such as bringing parks to deficient areas, stabilizing flood zones, and performing overdue maintenance to cultural centers and pools.

Voter approval of all seven propositions would increase the property tax rate by 2 cents for the next 20 years. The owner of a median-valued home at $332,366 can expect to pay an additional $5.55 per month.

$250M for affordable housing

Austin’s largest public investment in affordable housing would focus on purchasing land to develop housing, subsidizing rents and homeownership and providing repairs.

  • $100M: Land acquisition
  • $94M: Rental housing development assistance
  • $28M: Acquisition and development of homeownership program
  • $28M: Home repair program

$128M for libraries, museums and cultural arts centers

This would fund needed improvements to cultural centers such as the Mexic-Arte Museum and subsidize rents for creative spaces.

  • $56.5M: Cultural Center Improvements
  • $34.5M: Library Branch Renovations
  • $25M: Doherty Arts Center Replacement Facility
  • $12M: Creative Spaces

$149M for parks and recreation

The funds would purchase 300 acres of parkland to address park-deficient areas. Immediate fixes to many city pools,
recreation centers and park infrastructure are also included.

$184M flood mitigation, open space and water quality protection

$112M: Drainage and stormwater projects

  • Includes drainage infrastructure improvements in the Oak Knoll area to alleviate flooding for homes between Woodcrest Drive and Research Boulevard and enhancements to the McNeil Drive low-water crossing.

$72M: Acquisition of water quality protection land

  • Purchase some of the Barton Springs Zone outside of Austin’s jurisdiction to enforce stricter water-quality regulations

$16M for health and human services

All $16 million would fund a new Dove Springs Health Center to serve roughly 12,000 residents

$38M for public safety

  • $13M: repairs to 16 fire stations throughout the city
  • $25M: renovation or expansion for six EMS stations

$160M for transportation infrastructure

  • $66.5M: Street reconstruction
  • $50M: Reconstruction of the Redbud Trail/Emmett Shelton Bridge
  • $20M: Sidewalk rehabilitation in all 10 City Council districts
  • $15M: Safety improvements to high-crash intersections and pedestrian walkways
  • $4.5M: New traffic signals and update the 20-year old software that operates the signals
  • $3M: Urban trail improvements with focus on Butler, Eastlink, Walnut Creek and Country Club Creek trails
  • $1M: Program that allows neighborhoods to partner with city to provide safety improvements to the area
Share this story

Leave A Reply

Christopher Neely
Christopher Neely is Community Impact's Austin City Hall reporter. A New Jersey native, Christopher moved to Austin in 2016 following two years of community reporting along the Jersey Shore. His bylines have appeared in the Los Angeles Times, Baltimore Sun and USA Today. He is a graduate of the University of Maryland's Philip Merrill College of Journalism.
Back to top