City Council Considers Property Tax Increase for General Obligation Bonds

The San Antonio City Council held a budget work session on August 27, 2025, focusing on the city's financial strategies and the implications of potential tax adjustments. The meeting began with discussions surrounding the city's property tax rate and its ability to fund general obligation bonds.

Council members addressed the necessity of increasing the property tax rate to cover bond obligations, emphasizing that while the current rate has remained unchanged since 2004, adjustments could be made through a public vote. A council member highlighted that other Texas cities have successfully placed tax increases on ballots to fund specific projects, suggesting that San Antonio might explore similar options.

The conversation shifted to the Capital Delivery Department's role in managing bond-funded projects. It was clarified that while some projects would be financed through bonds, others would not, and the department aims to ensure consistency in project quality regardless of funding sources. The council expressed a desire for collaboration between departments to enhance project delivery and maintain high standards for city infrastructure.

Additionally, concerns were raised about the timeline of ongoing projects, with specific reference to the Saint-Meres project. Council members requested a review of contracts to ensure timely progress and accountability.

Overall, the meeting underscored the council's commitment to exploring financial strategies that balance the need for infrastructure funding with the fiscal responsibilities to the city's residents. Further discussions and evaluations of potential tax adjustments and project timelines are expected in future sessions.