The Austin ISD's $2.44 billion bond package, composed of three propositions, passed in full.
, winning with 72% of the vote, makes up the vast majority of the program with $2.3 billion focused on infrastructure improvements at campuses across the district. These should save the district around $12 million spent each year on repairs. Some of the big ticket campuses to receive modernization are Travis High with $250 million, Burnet Middle School with $158 million, and Northeast Early College High School/International High School with $117 million., which will put $47.
Funds from 2018's $250 million package are running out, so this bond's passage means the city will be able to keep subsidizing income-restricted housing through its Austin Housing Finance Corporation. It can also purchase land for affordable units and pay for home repairs in cases where homeowners face displacement, among other things. To fill those pots, owners of median-value homes in Austin will pay an extra $46.59 in property taxes on their next bill.
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