Some bond programs indicate the cost to property owners is minimal, $5 to $10 per month.
Does it make sense to implement a bond program if and when voters can accept to be charged a similar fee just like the City of Austin does in terms of transportation fees?
Why pay the overhead, interests on debt and add “debt” to the public coffer?
See following references posted on August 18, 2016:
Below is from the Austin bicycle coalition website:
Part of every residential City of Austin utility bill is a charge for “Transportation User Fee” (TUF). One of the provisions of this fee is that people who don’t own or drive cars are exempt from the fee. You can easily claim your exemption by calling the City’s utility billing department at 494-9400.
- Bonds vs. Fees
- AURA 2016 Mobility Bond Analysis: The ‘Gallo Amendment’
- Austin city council approves $720 million transportation bond
- Austin bonds data resource
- Austin, Texas: Financing through bonds called it “smart”. Part 1
- Austin, Texas: Financing through bonds called it “smart”. Part 2
- Austin, Texas: $720 Million bond projects
- Austin, Texas: How risky is the CTRMA toll road bond debt?
- Tax Payer, Austin Texas, AISD, ACC, Travis County
- Austin, Texas: Rental homes becoming unaffordable, Austin ISD losing students
- Austin: Critics say CAMPO 2040 Plan doomed to fail