The bond package is the largest in SA history and will fund affordable housing, along with upgrades to streets, drainage, parks, libraries and public safety facilities. SanAntonio SATX SanAntonioTX Texas VOTING Elections2022
Early voting started Monday morning for the May 7 election that will include San Antonio's historic $1.2 billion bond package and two state constitutional amendments intended to cut property taxes.
The bond package is the largest in Alamo City history and will fund affordable housing, along with upgrades to streets, drainage, parks, libraries and public safety facilities. Voters will decide the fate of each via six separate ballot propositions. At the state level, Proposition 1 would approve new tax cuts for elderly and disabled homeowners starting next year. Proposition 2 would raise the state’s homestead exemption for school district property taxes from $25,000 to $40,000.
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Locals taking out loans to pay for high property taxesSAN ANTONIO - With property taxes skyrocketing, people are desperate to pay them and are resorting to means that could lead them into major debt. Like many people around the state, San Antonio homeowner Esperanza Carrasco is finding it harder and harder every year to pay her property taxes. 'They have been increasing and it's a struggle to pay them,” Carrasco said. And according to San Antonio property tax lender and president of Propel Peter Squier, it's only going to get worse.
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