If the bond propositions pass, how might my taxes be impacted?

If all seven bond measures pass, the City anticipates raising the property tax rate by 2 cents per $100 of valuation during the lifecycle of these bonds. Applying this to a homeowner, if you own a home with a taxable assessed value of $300,000 in Austin,that would equate to an estimated increase in your property taxes of $60 annually, once the 2 cent tax rate increase is fully implemented.  The City anticipates that, economic conditions permitting, the bond’s lifecycle would be 6 years.