Is Proposition 1 the right solution?
Earlier this year, Austin City Council unanimously approved a bond proposal to go on this November’s ballot called Proposition 1. The proposition is part of Project Connect’s 2014 Austin Strategic Mobility Plan. This is currently the only transportation plan on the ballot that addresses Austin traffic and the first one that’s been proposed since the 2000 election.
If approved, the bond will pay $400 million for improvements to existing roads including I-35 and SH 71, and $600 million to expand the Urban Rail from East Riverside to Austin Community Collage at Highland. With express buses on managed lanes, bus rapid transit and urban rail expansion, the proposal is designed to relieve congestion, enhance mobility and manage traffic. Bond money would only be issued if it gets matching federal money for the project. If the bond doesn’t pass at this year’s election, Austin will not receive any federal money. More information about the benefit of the bond’s impact can be found on letsgoaustin.org.
Both sides of the discussion are currently getting attention in the news. The bond promises to improve traffic, but at the expense of increased taxes. Letsgoaustin.org says that “approval of Prop. 1 will increase City of Austin property taxes by approximately $220 by the year 2020 for a $200,000 home.” Mayor Lee Leffingwell estimates that the average Austin taxpayer would pay $15 per month more in taxes. Does this cost for taxpayers outweigh improvements to Austin traffic congestion? It’s up to you to decide.
Vote in this year’s election and decide Austin’s future.
At Realty Austin, we care about making Austin a better place for current and future residents. No matter which way you lean, we encourage you get to know the issues and how they affect you, and vote on this important issue in this year’s election. With Election Day only a few months away and early voting right around the corner on October 20, take some time to learn the issues now, find out how to vote.
Election Day is Tuesday Nov. 4th. Early voting begins on Monday, October 20th and ends on Friday, October 31st.
Map of Project Connect Expansion
Map of Public Transit Expansion Proposed in Proposition 1
Austin 2014 Bond Election Ballot