Bonded Pair
City of Austin approves $295M bond election for parks and libraries
Austin's parks could get a big investment influx if Austinites approve a tax increase.
Funding for Austin's parks and libraries will be in locals' hands this fall. Austin City Council approved an ordinance ordering a General Obligation Bond Election, which will held November 3, 2026.
Voters will weigh in on parks and library investments separately. The draft ordinance shows a proposed investment of up to $260 million for parks and up to $35 million for libraries. The investments would cover things like new construction, design, rehabilitation, and more of the facilities affected. They would also include acquiring new parkland and creating a new library.
Debt incurred would be repaid via a property tax increase. Community Impact reported August 6 that this would amount to "a projected $41.60 to the typical homeowner's annual property tax bill by 2033 once all new debt is issued."
The draft ordinance also lists a number of parks and libraries to prioritize in assigning improvements:
- Gus Garcia Recreation Center
- Doris Miller Auditorium
- Mayfield Park
- Williamson Creek Trail
- Evergreen Cemetery
- Onion Creek all abilities playground
- Brentwood Neighborhood Park
- Riata Neighborhood Park
- Springwoods Park
- St. Edward’s Greenbelt Trail & Park
- Zilker Metro Park
- Circle C Metro Park
- Mt. Bonnell Park
- Jamestown Neighborhood Park
- Bolm District Park
- Walter E. Long Metro Park
- Lantana Neighborhood Park
- Citywide Community Gardens
- Old Lampasas Pocket Park
- Cooper Neighborhood Park
- Wooldridge Square
- Onion Creek Metro Park
- Guitar Land Park
- Grand Meadow Neighborhood Park (Phase II)
- Commons Ford Park
- Garrison Municipal Pool
- Big Stacy Neighborhood Pool
- Walnut Creek Municipal Pool
- Civitan Neighborhood Pool
- Hampton at Oak Hill branch library
- New Colony Park branch library
