Your daily dose of Austin
Smartphone image
×
Make your inbox more Austin.
Local news and fun, every day 6am.
CapMetro cuts $3 billion from Austin's Project Connect as pandemic impacts economy
(Capital Metro)

CapMetro proposed a sharply scaled-back version of its massive Project Connect transit plan, cutting one rail line from the plan entirely and several miles of another.


The new plan, shared Wednesday evening, comes just five days before the CapMetro board and Austin City Council plan to meet to discuss, and potentially vote on, a bond proposal to put to voters in November, and the creation of a governing body for construction and implementation of Project Connect.

The long-anticipated project was dealt an unexpected blow this year when the pandemic brought economic insecurity to government and citizens alike.

Scaling back

The cuts to Project Connect reduce the cost of the plan by $3 billion to a total of $7 billion and would lower the original 11-cent tax increase to 8.5 cents. For the median homeowner, that would reduce the annual increase in their property tax bill from $358 to $276.


(CapMetro)


The elements cut from the plan include shortening the proposed Orange light rail line, which would span North Lamar and South Congress, so that it only stretches between Ben White and U.S. 183 rather than going all the way from Tech Ridge Center to Slaughter Lane. The mileage cut from the proposal would be replaced by MetroRapid bus service. The Gold Line from Austin Community College Highland to downtown would be replaced altogether by MetroRapid service.


(CapMetro)


These two changes would save CapMetro $2.35 billion, with another $500 million worth of cuts coming from unnamed savings in the construction of the downtown tunnel used by the Orange Line.

Overall, this means property owners in CapMetro's service area would pay $3.85 billion.

Moving forward

Council Member Ann Kitchen, who also sits on the CapMetro Board, told Austonia this week that the council plans to vote next Monday on asking city staff to bring forward a resolution regarding a potential bond election by Aug. 7. The bond election would be officially ordered during the Austin budget meetings the week of Aug. 12.

Asked whether she thinks Project Connect could be delayed due to the coronavirus, which has brought financial cutbacks for major government programs all across the nation, Kitchen said via text, "I see transit going forward."

Austin has lost both of its last two transit bond elections. The most recent loss, by 14 points in 2014, came during a year of historically low voter turnout across the nation while the other happened in 2000 and lost by just a few thousand votes.

Along with deciding whether to take the next step toward putting a bond election on the ballot, the City Council and CapMetro Board also must vote on approving the reduced Project Connect plan. Last month, the pair approved the full plan.

If voters approve the bond in November, CapMetro would still need to seek an additional $3.15 billion in funding—45% of the total budget—from the federal government.

Want to read more stories like this one? Start every day with a quick look at what's happening in Austin. Sign up for Austonia.com's free daily morning email.
 

From Your Site Articles
Related Articles Around the Web

Popular

A big announcement from Austonia

Howdy, and happy holidays.

I have some big news for you.

Austonia is now part of 6AM City, a fast-growing network of hyper-local newsletters across the country.

I’m proud to be telling you this, because 6AM City’s mission is very much like Austonia’s — a daily morning update on events, things-to-do and news, with an underlying mission of community building in the cities they serve.

If you’re not already subscribed, 6AM City’s Austin newsletter is called ATXtoday. One of its city editors is Laura Figi, who you’ll remember for her previous great work on Austonia’s newsletter.

I’ve been reading ATXtoday every day since it launched last year.

Starting this week, you’ll receive ATXtoday every morning and I’m confident it will become part of your daily wake up routine. Be sure to add hello@theatxtoday.com to your contact list (how to do that here).

Meantime let me thank you for your readership and support of Austonia, and convey my wishes for a great holiday season for you and those close to you.


Thank you,

Mark Dewey

Austonia CEO

Tito's releases (not so?) ugly sweater line for the holidays, profits to charity

Tito's Handmade Vodka

Show your love for Tito's and for the community this year with a wide selection of not that ugly, uglyish, ugly, uglier, and ugliest holiday sweaters.

There's lots choose from, and plenty of accessories like scarves and socks, plus gear for your dog, too.

All of the items can be purchased online or at the Love, Tito’s Retail Store in Austin, TX. 100% of all net proceeds from online or in-store purchases go to one of the nonprofits we’ve teamed up with.

Click here to see the entire collection in the Tito's store.