Austin City Council is divided over the timing of a $750M bond proposal that could raise property taxes less than a year after Proposition Q failed. The $750 million bond would be used to invest in infrastructure such as city transportation, parks, and affordable housing. Some council members propose an alternative plan with a smaller property tax increase, while others argue it's best to wait. No official bond proposal has been listed, but a group of five council members, including Council Member Mike Siegel, have proposed a $250 million bond focused only on park upgrades. Each $100 million of the bond would increase property taxes by more than $14 a year.