San Antonio City Council passes new plan to fund Edwards Aquifer Protection Program
By a 9-2 vote, the San Antonio City Council on Thursday passed a new funding plan to keep a popular Edwards Aquifer Protection Program going after the sales tax that has funded it since 2000 expires.
The $100 million plan, which council was briefed on Sept. 10, would rely mostly on borrowing money over the course of 10 years, and would begin in FY 2023 after the EAPP uses up the sales tax revenue. The program will take the place of a 1/8 cent sales tax that city and VIA Metropolitan Transit officials are asking voters in the Nov. 3 election to redirect to fund workforce development and transit rather than renewing the EAPP and the development of the city’s greenway trails system.
Read more from Garrett Brnger with KSAT here.