Austin voters weighed in on 10 city propositions this midterm election, but three really stood out: a bond proposal on park improvements, a bond proposal on library improvements, and a city charter amendment related to efficiency audits.
Here's a breakdown of Props A, B, and I and whether voters approved or denied each.
Props A and B
Propositions A and B were city bond proposals that would require tax rate increases. Voters approved both propositions.
The city expects to issue the bonds in installments beginning in 2027. With both props approved, the city anticipates raising the property tax rate by $0.011024, or 1.1024 cents, per $100 of taxable assessed value during the lifecycle of the bonds.
For an Austin homeowner with a taxable property value of $500,000, city staff estimates the bonds will add $55.12 per year to their tax bill, or $4.59 a month. You can see further impact breakdowns on Page 9 of the city’s bond election guide.
Proposition A
Proposition A is a $260 million bond for parks and recreation improvements.
Austin Prop A $260M in Bonds for Parks:
For: 60.92 percent, or 221,332 votes
Against: 39.08 percent, or 141,974 votes
Vote Total: 363,306
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