Well, I won't quite say we've been thrown under the bus, but we're coming close. The Campo board, following Mayor Adler's lead, voted overwhelmingly to transfer $633m of funding from already-approved local projects and instead throw it at a managed-lane I-35 project - not what I would call local, and it'll probably make no difference to traffic. The final list of projects to be cut has not yet been decided, so there will be additional time for public feedback, but listening to the Campo meeting (which I did, you can thank me later) it sounds like most of the voting board are not cyclists or don't care about things like the North Walnut Creek Trail and the Big Loop.
One or two members of the public - as well as Commissioner Shea - spoke pointedly about how these local projects had been approved and promised, and now that promise was being reneged upon ... Forest Ridge, anyone?
A decent summary can be found here:
https://www.austinmonitor.com/stories/2020/04/campo-commits-633-million-to-i-35-without-a-final-list-of-cut-projects/