Austin Eyes Street Bonds

Up to $140 million of transportation projects may be part of Austin’s general obligation bond referendum in November, along with an expected $250 million of capital improvement projects.

The bonds would finance street, sidewalks and hiking and biking trails.

The City Council will decide the size and scope of the bond package in August.

The total is expected to be $385 million to $400 million.

Among the tentative proposals are $40 million for street reconstruction, $25 million for sidewalks and ramps, $6 million for biking and urban trails and $4 million for a bicycle bridge spanning Barton Creek.

Austin’s GOs are rated triple-A by all three rating agencies.

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Transportation industry Texas
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