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San Antonio Council Votes on Big Financial Moves

San Antonio Council Votes on Big Financial Moves

Published 1 day, 2 hours ago
Description

San Antonio’s City Council is facing a packed agenda today, with major decisions that could reshape the city’s financial future. They’re voting on a potential $2 billion Toyota investment that could bring 2,000 jobs to the South Side, backed by nearly $143 million in city and utility incentives. Simultaneously, they’re tackling a projected $131 million deficit for FY28, with a plan that includes a property tax hike and cost-saving measures. Meanwhile, SAWS is preparing to raise water rates by $15–$17 per month over two and a half years to fund critical infrastructure upgrades. These moves—economic, fiscal, and utility-related—are all happening at once, with far-reaching impacts for residents and businesses alike.

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