The historic $1.2 Billion Bond Package is the largest Bond Program to date in the City of San Antonio. The Bond Program will be split into six propositions on the May 7 ballot, and San Antonio voters will have the opportunity to consider each of the propositions when voting. Early Vote Period begins Monday, April 25, 2022 – Tuesday May 3, 2022, and Election Day is Saturday, May 7, 2022.
The Final Project List for the 2022 Bond Program includes 183 projects, with the following estimated allocated budgets for each of the six propositions:
- Streets, Bridges, and Sidewalks: $472 million
- Parks and Recreation: $272 million
- Drainage and Flood Control: $170 million
- Housing: $150 million
- Municipal and Public Safety Facilities: $78 million
- Library & Cultural Facilities: $58 million
Key features of the 2022 Bond Program:
- The $1.2 Billion Bond program will not require a City Property Tax Rate increase
- 53% of the Bond dollars will be dedicated to Street and Drainage Infrastructure Projects
- 21 Planned Miles of New Linear Greenway Trails are included in the project list
- It will improve 30% of our City’s parks and includes 9 new park properties
- 13% of the Bond dollars will be dedicated to Priority Funding Categories and Strategic Objectives for Housing
- $269.4 million dollars will be leveraged by the City from other funding sources (Federal, State, Bexar Bounty, TIRZ, Storm Water Regional)
The San Antonio Chamber has endorsed the 2022 Municipal Bond. This Bond represents a huge opportunity to boost our infrastructure, advance commerce, and facilitate the pursuit of happiness for all citizens throughout our city. View the Chamber’s position statement on the City’s $1.2 Billion 2022 Bond Program.
For more information, contact Cacie Madrid, VP of Public Policy at 210.229.2161.