Majority of funds would help citywide projects
Austin voters are being asked if they support seven ballot propositions to fund local and citywide improvements.
If voters approve all seven, they would authorize the City of Austin to issue $384,948,000 in municipal debt to pay for the improvements.
The debt, called general obligation bonds, will be repaid over time using property taxes, the city's Capital Planning Officer, Mike Trimble, said. This year's tax rate is not expected to go up if voters approve the propositions.
The city's Capital Improvement Office coordinates improvements to property and infrastructure.










