Economy | News | Real Estate

2016 Austin Mobility Bond | What is Proposition 1?


Read time: 2 minutes

As Austin continues to see rapid population growth, transportation and mobility continue to be hot topics. The City of Austin has called for a special election where voters will consider a proposition for $720 million in General Obligation bonds to fund improvements in transportation and mobility. Austin voters will consider the bond proposition alongside other city, state, and federal elections on November 8, 2016.

Ballot Language

The Proposition will appear on the official ballot in substantially the following form, and the ballot shall be prepared to permit voting “for” or “against” the Proposition:

The issuance of $720,000,000 transportation and mobility improvement bonds and notes for improvements to Loop 360 corridor, Spicewood Springs Road, Old Bee Caves Road Bridge, Anderson Mill Road, intersection of RM 620 and RM 2222, Parmer Lane, North Lamar Boulevard, Burnet Road, Airport Boulevard, East Martin Luther King Jr Boulevard/FM 969, South Lamar Boulevard, East Riverside Drive, Guadalupe Street, Slaughter Lane, William Cannon Drive, Rundberg Lane, East Colony Park Loop Road, South Congress Avenue, Manchaca and South Pleasant Valley Road; sidewalks, Safe Routes to School, urban trails, bikeways, fatality reduction strategies, and the following local mobility substandard streets/capital renewal projects: Falwell Lane, William Cannon Overpass Bridge, FM 1626, Cooper Lane, Ross Road, Circle S Road, Rutledge Spur, Davis Lane, Latta Drive/Brush Country, Johnny Morris Road, and Brodie Lane; and the levy of a tax sufficient to pay for the bonds and notes.

What does this mean for you?

The City of Austin created a voter information brochure summarizing the 2016 Austin Mobility Bond with resources to help you decide if you are for or against the $720 Million bond proposition. The bond programs and projects are broken into 3 major categories:

  • Regional Mobility Projects – $101 Million
  • Corridor Improvement Projects – $482 Million
  • Local Mobility Projects – $137 Million
Image of mobility bond projects map

The Tax Bill Impact Calculator and following table provide insight into the financial and tax impact this could have if the bond is approved by voters.

Image of mobility bond tax bill impact chart

Still not sure where you stand? Below are some additional resources to help you do your research.

When to Vote

Early Voting: Monday, October 24th – Friday, November 4th
Election Day 2016: Tuesday, November 8th

Where to Vote in Austin

Find your polling location on the Travis County Clerk’s website so you know where to vote in Austin on Election Day 2016.

Share your Thoughts in the Comments Below

Do you think the Austin Mobility Bond is good for Austin or do you have other resources that you would recommend for this post? Share your thoughts on the Austin Mobility Bond in the comments below. We want to know what you think!

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