[austin242]

"Approving the ad valorem tax rate of $0.5335 per $100 valuation in the City of Austin for the current year, a rate that is $0.0875 higher per $100 valuation than the voter-approval tax rate of the City of Austin, for the purpose of providing funds to implement a citywide traffic easing rapid transit system, known as Project Connect, and to fund associated investments that encourage affordable housing along transit corridors; address traffic congestion; expand service for essential workers; reduce emissions; decrease traffic fatalities; create jobs; provide additional access to jobs, education, health care, and to the airport; the transit system is to include a fixed rail and bus rapid transit system, including associated roadway, bikeway, sidewalk, and street lighting improvements; park & ride hubs; on-demand neighborhood circulator shuttles; innovative customer technology; and improved access for seniors and persons with disabilities; and is to be operated by the Capital Metropolitan Transportation Authority, expending its funds to build, operate and maintain the transit system; the additional revenue raised by the tax rate is to be dedicated to an independent board to oversee and finance the acquisition, construction, equipping, and operations and maintenance of the rapid transit system by providing funds for loans and grants to develop or expand transportation within the City, and to finance transit-supported anti-displacement strategies. Last year, the ad valorem tax rate in the City of Austin was $0.4431 per $100 valuation."

I think it's pretty decent. I really really really hope it passes.