Tuesday, June 17, 2014

Austin Community College calls $400 million November bond election

"Command those who are rich in this present age not to be haughty, nor to trust in uncertain riches but in the living God, who gives us richly all things to enjoy."
1 Timothy 6:17

In case you weren't tapped out by $1.4 billion for an urban rail boondoggle, ACC is also lining up at the trough:
Austin Community College will ask area voters to approve a nearly $386 million bond package and 3 cent tax increase in November.

ACC board members approved the bond package and tax increase request June 16. District residents will vote on separate propositions for bond projects benefiting new and existing campuses. Also, if approved, ACC's 9.49 cent tax rate will incrementally increase 1 cent in 2016, 2018 and 2020.

The decision to seek bond money came after more than a dozen meetings and hours of board discussion. Multiple trustees questioned whether voter fatigue could negatively impact the results of this year's election in which there is also anticipated to be a multimillion-dollar transportation bond package put forth by the city of Austin.
Who cares if residents are being prices out of town when there's multimillion-dollar contracts to hand out?!?


Update: Upon further reflection, it's worth pointing out that the ACC Highland campus, which will receive a good chunk of this bond, is also where the proposed urban rail line will end; seriously, who's getting paid on this one?!?

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