Propositions One through Five would be funded through General Obligation Bonds.
Propositions Six through 10 would be funded through the issuance of Revenue Bonds. The renovation of older playground equipment throughout Austin also would be funded through approval of Proposition Two. General Obligation Bonds are repaid by the collection of taxes. The City of Austin would move forward with several projects if this proposition is approved. Propositions One through Five would be funded through General Obligation Bonds.
Several key transportation projects make up Proposition One. Improvements for Pease Park in Central Austin would also be funded.