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City of Austin 2012 Bond Development

By saradanae

  • Austin City Council creates a citizen Bond Election Advisory Task Force

    View City Council Resolution 20111006-057

  • Austin City Council approves Guiding Principles

    City Council approves Guiding Principles as the framework for development of a future bond package and approved a process for applying the Guiding Principles to projects and programs in the Capital Needs Assessment. Learn more about the Guiding Principles here.

  • City Council receives debt analysis and Capital Needs Assessment presentation

    City staff presents City Council with an overview of the Capital Needs Assessment Projects and Programs Report process as well as the City’s bond capacity (how much money the City is able to borrow without raising the property tax rate).
  • Period: to

    City staff applies Guiding Principles to the Capital Needs Assessment

    City staff applies Council‐approved Guiding Principles to the Capital Needs Assessment Projects and Programs Report.

  • City staff provides Needs Assessment to Task Force

    City Staff provides nearly $1.5 billion Needs Assessment Projects and Programs Report to Bond Election Advisory Task Force. Learn more about the Needs Assessment here.
  • Period: to

    Task Force deliberates on Needs Assessment

    Task Force deliberates on Needs Assessment; receives input from public, stakeholders, City staff and other Boards and Commissions.

  • Austin City Council receives bond recommendations

    Task Force and City Manager present recommended bond packages to City Council. Learn more about the recommendations here.

  • City Council approves $385 million bond package

    City Council unanimously approves placing $385 million worth of bond propositions on the Nov. 6, 2012, ballot.

  • Austin voters approve $306.6 million in bonds

    Austin voters approve six of the seven bond propositions, allowing the city to issue $306.6 million in bonds for capital projects.