Smart Corridor Basics
The total Smart Corridor Plan is $720 million. The Smart Corridor plan is divided into three major categories: The Corridors ($482 million), Regional Mobility ($101 million), and Local Mobility & Active Transportation ($137 million).
The Smart Corridor portion covers nine major thoroughfares: North Lamar, South Lamar, Burnet, Riverside, Airport, East MLK/FM969, Guadalupe, Slaughter, and William Cannon. Community-driven plans have already been completed for six. Guadalupe is currently being studied and Slaughter/William Cannon has yet to begin. Also included is funding for additional corridor plans.
Total Cost of Improvements: $482 million
The Regional Mobility section contains improvements to intersections and major roadways such as Loop 360, Spicewood Springs Road, Parmer Lane, Anderson Mill Road, 620 & 2222, and Old Bee Caves Road.
Total Cost of Improvements: $101 million
The Local Mobility & Active Transportation
The Local Mobility & Active Transportation section includes $11 million for planning, design, engineering, and construction of local road repairs, as well as $37.5 million for sidewalk improvements, $27.5 million for Safe Routes to Schools, $26 million for urban trails, $20 million for bicycle infrastructure, and $15 million for funding safety-related intersection improvements.
Total Cost of Improvements: $137 million
The primary focus of this bond package is congestion relief achieved by increasing throughput for vehicles at key intersections throughout the city. This package will also increase reliability, safety, and opportunity for all four modes of transportation: automobile, transit, pedestrian, and bicycle.
The cost of this bond package is less than $5 per month for the median-priced home in Austin. The funding mix includes using $250 million of existing bond capacity under our current tax rate while asking voters to approve a 2.25 penny increase in the property tax rate.
This is a key investment for the future of Austin. Since 1996, voters have approved only $638mm in transportation bond funding, while our city has faced record-breaking growth and demand on our infrastructure.
Read the Council Ordinance:
Click here for English
Click here for Spanish