2022 Bond Program Tri-Chair Brandon Logan joined Leading SA to discuss some of the projects included in the bond.
Sunday to discuss some of the projects included in the bond.
At $1.2 billion, this is the largest bond program in the city’s history, but it’s not projected to increase the city’s tax rate.“The dollars come from the general fund and it’s over a five-year period of time. I think we’re also in a unique position this year with some of the COVID relief dollars through ARPA, TXDOT, et cetera. We’ve been able to leverage nearly $270 million in addition to the $1.2 billion coming out of our general budget over the next five years,” Logan said.
$1.2 billion is no joking matter, but the idea is that it helps the city now and helps prepare us for the future, Logan said. “Population growth, high demand in some of these workforce areas and we need housing, you know, so six propositions, as Sarah mentioned, are on the ballot. Five propositions are project-specific, 183 projects to be specific. And then you have housing. Housing is not project-based, it’s priority-focused. And so oftentimes, people think about the increase in housing costs and we’re going to address that.
“The great thing about it is we had a unified council that understood where we’re at, the state of our community at this time. And so each council member had appointments to each respective bond committee and, also, the mayor had appointments. And so you talk about city staff plus citizens that are engaged in this process to produce what we’re looking at on the screen today.
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