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San Antonio Council Approves $650M Bond Package for May Vote

San Antonio Council Approves $650M Bond Package for May Vote

San Antonio, TexasSource: San Antonio ReportTrending
InfrastructurePolicy

San Antonio's City Council on Thursday approved a 2027-2032 municipal bond program that will go before voters in May. The package totals $650 million: $442 million for citywide infrastructure and $208 million for stormwater drainage.

Council members rejected a mayoral proposal to place roughly $35 million in Project Marvel infrastructure costs into a separate bond, a move that would have let voters decide that funding directly. Members also reshuffled some pedestrian mobility dollars, shifting $10.6 million toward Districts 3, 5, 7 and 10, and moved $1.8 million in drainage funds from District 1 to District 10.

The infrastructure bond includes $259 million for streets, $35 million for municipal facilities, $50 million for affordable housing and $98 million for parks. Failed street repairs were cut from $100 million to $50 million. The stormwater bond now covers projects in every district, with the average residential stormwater fee estimated at $4.94 a month.

One councilwoman criticized the package as inequitable toward the South Side, and the process moves to committees next month.

For developers and financers, the bond signals future public capital for streets, drainage and affordable housing projects, with the May vote determining whether that funding proceeds.

Topics

affordable-housingcity-councilfailed-streetsproject-marvelsan-antonio-bond-2027south-side-infrastructurestormwater-drainage

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