AUSTIN, Texas — Voters have finally decided on what is considered to be the largest school bond in Central Texas history.

Austin Independent School District's $1 billion bond passed with 72 percent of the votes.

VIEW ELECTION RESULTS HERE

Despite the amount, property owners won't expect an increase in taxes from that bond.

It will help pay to build and renovate several schools and address overcrowding.

The additional funds will be dedicated specifically to 16 schools which includes

Menchaca Elementary School and TA Brown Elementary School, which was closed down due to safety issues.

Those against the bond criticized it for a lack of equity, wanting to see more money invested into East Austin schools.

They questioned the need for new schools as enrollment numbers continue to drop.   

Now that the bond has passed, construction for these schools will start next year.