Proposed $925 Million Bond Would Hurt Austin Affordability
Austin is in the throes of a government-induced affordability crisis and city council seems determined to make things worse. Trying to solve Austin’s affordability problem by going further into debt is the absolute wrong approach. That’s especially true given that the city’s debt already totals $9.8 billion and adding another $925 million in new debt will only push taxes higher for most Austin homeowners and businesses.
Press Release June 29, 2018