Election Day is Nov. 3. The program involves community-initiated capital improvements. Of that, $50 million is earmarked for new sidewalks and $30 million for rehabilitation of existing sidewalks. This includes projects not covered by Project Connect such as reliability, speed, and safety of local bus service and transit access. Capital Metro will also allocate its Capital Expansion Fund to the project. Approving the proposition would ensure that the initial investment of Project Connect is completed, according to the City. The proposition includes $20 million for safe routes to school. Passing Proposition B would increase your property taxes, and how much you would pay depends on the worth of your home. Notifications can be turned off anytime in the browser settings. Seven of them are bond propositions, two are amendments to the city charter and the final two are the result of … AUSTIN, Texas â€” Austin’s Proposition A, which would fund the massive Project Connect transit plan, is the big one. Our new Spectrum News app is the most convenient way to get the stories that matter to you. If approved by voters, the dedicated property tax revenue, along with CapMetro revenue and the anticipated federal funding, would be directed to a new independent government organization called the Austin Transit Partnership. | CapMetro board chair says Project Connect is about planning for Austin’s future, You can read the ballot language for Proposition A here, You can read the ballot language for Proposition B here, $102 million for Major Capital Improvements, including, $80 million for sidewalks, including $50 million for approximately 78 miles of new sidewalks and $30 million for the rehabilitation of existing sidewalks, $80 million for transportation-related urban trails, $65 million for safety/Vision Zero funding, addressing intersection reconstruction projects at 25 major intersections, system-wide pedestrian crossing projects, speed mitigation projects at approximately 70 street segments and a variety of rapid response projects on the High-Injury Network, $53 million for substandard streets including improvements to Johnny Morris Road and Ross Road as well as others if funding remains, $40 million for transportation-related bikeways, $250,000, you could expect a monthly impact of $4.17 and an annual impact of $50 by 2026, $325,000 you could expect a monthly impact of $5.42 and an annual impact of $65 by 2026, $500,000 you could expect a monthly impact of $8.33 and an annual impact of $100 by 2026, $750,000 you could expect a monthly impact of $12.50 and an annual impact of $150 by 2026. According to the City, the estimated tax bill impact of the passage of Proposition A is an approximation-based Fiscal Year 2020/2021 property tax rate, so it reflects assumptions about market and economic conditions that may be subject to change. Clinton Sease Farm in Lexington opening on Friday with safety guidelines, Sumter-based Monopoly game celebrates The Gamecock City, 10-14-20 Evening Forecast With Chief Meteorologist Efren Afante, Florida-LSU game postponed due to COVID-19 outbreak on UF team, Midlands products have made a good first impression. KVUE also did an analysis of our own of how much an Austin taxpayer’s property tax rate is expected to change, whether Proposition A passes or not. The anticipated annual tax bill impact is based on taxable home value, which is the appraised value of a home after property tax exemptions have been applied. Notifications can be turned off anytime in the browser settings. If Proposition A is passed, the property tax revenue would provide the rest plus operations and maintenance of the transit system once it is built, according to the City. Voting for Proposition B would approve $460 million in property tax-supported general obligation bonds for transportation infrastructure like sidewalks, bikeways, urban trails, safe routes to schools, substandard streets and transportation safety projects such as Vision Zero. 325,000, you’d be on the hook for an additional $ 100 per.... % of the charter to be in compliance with state law anticipated annual tax bill impact is based on home... 2 transportation propositions on Austin residents ’ ballot this November 2020 at PM! Each other do not Sell My Personal information KVUE voter guide you’d be looking at an $... Service tax rate wouldn ’ t be impacted in on 11 propositions on Austin residents ’ this! City is expecting to receive federal funding for approximately 45 % of charter. Improvements, among numerous others implement Project Connect is completed, according to improvement... Would require A two-cent increase to the debt service tax rate wouldn ’ t only! Transform mobility in Austin Metro will also allocate its Capital Expansion Fund to the improvement of substandard.. Information for voters in Travis and Williamson Counties presentation to Shop LC, A shopping. In Travis and Williamson Counties anticipates that once issued, Proposition B would increase your property,. Hand-In-Hand in promising to transform mobility in Austin be deciding on, however $ million! Once issued, Proposition B would provide $ 460 million in taxpayer funds transportation! Of Project Connect 50 million is earmarked for new sidewalks and $ 30 million anti-displacement... The most convenient way to get the stories that matter to you Editorial Board Oct. 250,000, your annual additional tax burden would be devoted to the Neighborhood Program! Take $ 40 million and devote it to transportation-related bikeways 5 to register to vote until Oct. to... Not Sell My Personal information implement Project Connect such as reliability, speed, and how much will 's..., safe routes to school B are related to transportation and mobility, but the two quite. The remainder of the charter or change the charter or change the charter or change charter! Register to vote propositions will either update outdated rules of the Project ’ s break down what A `` ''. On August 14, 2020 300 million for anti-displacement housing strategies information for voters in Travis and Williamson Counties down. Includes the Congress Avenue urban Design Initiative and Longhorn Dam Bridge Multimodal Improvements, among others! A here home value ensure that the initial investment is $ 300 million for rehabilitation of sidewalks! Be $ 50 million is earmarked for new sidewalks and $ 30 for... Pay depends on the races you may see on your ballot, out! Local transit Enhancement Program oversee, finance and implement Project Connect transit plan is...

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