Master Transportation Plan Finance and Fiscal Forecast
Figure 2. City of Austin Sources of Funds (2025 to 2029)
Public Improvement Bonds
12%
9%
Non-Voter Approved General Obligation Bonds Grants
0%
79%
Operating Revenue
Source: City of Austin, FY 2024 to 25 City of Austin approved budget, 8 page 715; AECOM Columbus, Ohio
The City of Columbus funds transportation projects through local financial tools such as bonds, tax, user fee and state/federal programs. The ITSA plays a pivotal role in supporting transportation-related capital improvement projects in the city’s 2025 budget and 6-year Capital Improvements Program (CIP). Table 20 below outlines notable general funding sources supported by ITSA.
Table 19: City of Columbus – Transportation Funding Sources Funding Source Average 6
Projects Summary
Years ($M) 2025–2030
Voted GO Bonds
$47.0
Debt authorized by a popular vote of the electorate, which generally carries a lower interest expense due to the city's ability to levy and ad valorem property tax to service the debt, although the city does not intend to do so. These bonds are supported by the ITSA fund, to which 25 percent of the city's 2.5 percent income tax is deposited. Unvoted debt authorized by the city council, which is also supported by the ITSA fund. Unvoted debt is subject to additional limits set by the Ohio Revised Code and typically has a higher interest rate compared to voted debt
Unvoted (Councilmanic) GO Bonds
$48.0
Source: City of Columbus, 2025 Capital improvements, 9 PDF page 14–15; AECOM
8 https://www.austintexas.gov/sites/default/files/files/Finance/Financial%20Transparency/ApprovedBudget/FY%202024 - 25%20City%20of%20Austin%20Approved%20Budget.pdf 9 https://www.columbus.gov/files/sharedassets/city/v/1/finance/budget/2025/039-2025.pdf
www.MovingaMillion.org | transportation@fortworthtexas.gov page 20
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