A vote on that massive November bond package will be taken today and Austin voters very likely will be asked by the city council to approve it in November.
The total amount you, the voter could be asked to allow the city to borrow in bond is between $816-925-million. And while city staffers have said this would only raise your taxes by about two cents, they also say that’s based on a rather broad assumption because if they sold all the bonds at once that would impact the tax payer.
Meaning if they didn’t sell all of the bonds at one, your taxes could go up even more. $176-million is being lookd at for transportation, up to $300-million for housgin, but only $36-million for public safety needs.]
