Advertisement

Austin Local News

News > Austin Local News > Urban rail opponents say voters only being asked to approve rail, not road funds

Urban rail opponents say voters only being asked to approve rail, not road funds

More concerns arise on the bond election for Urban Rail for Austin voters.

Language in the billion dollar bond election for urban rail is a big sticking point for some opponents. Financial analyst Brad Parsons says the taxing increase and doing it through certificates of obligation are inappropriate, "And what the voters are actually voting upon is whether the voters approve the $600 million in general obligation bonds for rail. That's the only thing they're asking the voters."

Even if voters approve the rail bond in November, Austin City Council, not voters, have to approve 400-million dollars for roads. Also, an equal match in funds for Rail from the federal government is required.

Booking photo courtesy of APD On Wednesday, Jan. 18 2017 at approximately 8:50 p.m., Austin Police Officers...
Booking photo courtesy of APD Just after 9 pm on January 7 along East U.S. Highway 290 westbound service road/...
(Image courtesy City of Austin) Vision Zero-the city of Austin's plan to reduce traffic deaths and injuries goes...
Governor Greg Abbott today sent a letter to Travis County Sheriff Sally Hernandez strongly urging her to reverse...
(Photo Credit: City of Austin) Barton Springs pool was reopened Monday morning after city officials closed it last...