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Each year, there are two customary opportunities for local governments to ask you to pay for more debt. And for those 5-8% of voters who chose to vote in May’s local elections, you may have already seen propositions this year.  In fact, over 85% of May’s $7 billion in new local debt passed. And even though only a small minority of voters turnout in many cases, every family and business who pays property taxes will be on the hook for what’s borrowed.

But most taxpayers are unaware that November’s ballot will also host additional debt propositions, in addition to a state constitutional amendment related to transportation funding to be drawn from the state’s emergency savings account.

Every Texan should be asking their local city council, school board and county commissioners if they are supporting a new debt proposition for the November ballot?!

If you don’t know who represents you, don’t be discouraged. Your local county elections website should have that information.

The 2013 November ballot hosted Proposition 6, which drew $2 billion from the same fund to create a funding mechanism for water projects. In addition to that figure, over $5 billion in local debt was also authorized by those who voted.

Texas remains on track to incur debt at an unsustainable rate, which is currently outpacing population growth, after adjusting for currency inflation. As of 2012, Texas had the second highest, per capita local debt in the nation.

For those with county and/or local officials considering supporting new debt, you may want to ask them all the following questions via written email request:

1)   What is the new debt going to finance, and please be specific?

2)   Why is debt, as opposed to operating revenue from the budget (or reserve funds), being used instead?

3)   How much existing debt does the government owe on behalf of taxpayers, on both a total and per resident/student amount? How does that compare to neighboring areas or to statewide averages (they can obtain this from the State Comptroller’s office)?

4)   In additional to the principal that will be borrowed, what will the interest cost be for taxpayers?

5)   How much will issuing the new debt affect tax rates?

6)   Are both the principal and interest expense, along with the tax increase, going to be placed on the ballot for voters to see when voting?

7)   Will there be an explanation on the ballot for what the debt will purchase, specifically in detail?

Below is a nearly comprehensive list of cities, schools districts and counties that are considering placing a debt proposition on your November ballot. As always, taxpayers are encouraged to contact our Metroplex office to provide us with updates on specifics.

Are any of your local governments on the list?

 

Contact Info

Ross Kecseg

[email protected]

 

*Districts are organized by entity type, with individual districts in each category listed in alphabetical order

 

Community & Junior College Districts

Austin Community College

County: Travis/Williamson

Bond Proposition Amount: $499,000,000

 

Independent School Districts (ISDs)

Beaumont ISD

County: Jefferson

Bond Proposition Amount: TBD

 

Birdville ISD

County: Tarrant

Bond Proposition Amount: TBD

 

Bridge City ISD

County: Orange

Bond Proposition Amount: $20,000,000

 

Bryan ISD

County: Brazos/Robertson

Bond Proposition Amount: $140,000,000

 

Coldspring-Oakhurst CISD

County: San Jacinto

Bond Proposition Amount: $17,000,000

 

Comal ISD

County: Bexar/Comal/Guadalupe

Bond Proposition Amount: TBD

 

Corpus Christi ISD

County: Nueces/San Patricio

Bond Proposition Amount: $250,000,000

 

Corsicana ISD

County: Free Stone/Navarro

Bond Proposition Amount: $49,673,624

 

El Campo ISD

County: Wharton

Bond Proposition Amount: TBD

 

Elgin ISD

County: Bastrop/Lee/Travis

Bond Proposition Amount: TBD

 

Fort Bend ISD

County: Fort Bend

Bond Proposition Amount: $333,400,000

 

Garland ISD

County: Dallas

Bond Proposition Amount: $473,000,000

 

Harlandale ISD

County: Bexar

Bond Proposition Amount: $17,313,000

 

Highland Park ISD

County: Dallas

Bond Proposition Amount: TBD

 

Italy ISD

County: Ellis

Bond Proposition Amount: TBD

 

Katy ISD

County: Fort Bend/Harris/Waller

Bond Proposition Amount: $1,010,000,000

 

Kaufman ISD

County: Kaufman

Bond Proposition Amount: TBD

 

Keller ISD

County: Tarrant

Bond Proposition Amount: $140,000,000

 

Lamar CISD

County: Fort Bend

Bond Proposition Amount: TBD

 

Marshall ISD

County: Harrison

Bond Proposition Amount: TBD

 

Mason ISD

County: Kimble/Mason/McCulloch/Menard/San Saba Bond

Proposition Amount: TBD

 

Mexia ISD

County: Freestone/Limestone

Bond Proposition Amount: TBD

 

Midland ISD

County: Midland

Bond Proposition Amount: $158,000,000

 

Milano ISD

County: Milam

Bond Proposition Amount: TBD

 

Richland Springs ISD

County: San Saba

Bond Proposition Amount: TBD

 

Sanger ISD

County: Denton

Bond Proposition Amount: TBD

 

Temple ISD

County: Bell

Bond Proposition Amount: TBD

 

Webb CISD

County: Webb

Bond Proposition Amount: TBD

 

Wylie ISD

County: Collin

Bond Proposition Amount: TBD

 

Ysleta ISD

County: El Paso

Bond Proposition Amount: $155,000,000

 

Cities

City of Arlington

County: Tarrant

Bond Proposition Amount: $192,500,000

 

City of Austin

County: Hays/Travis/Williamson

Bond Proposition Amount: $300,000

 

City of Baytown

County: Chambers/Harris

Bond Proposition Amount: TBD

 

City of Buda

County: Hays

Bond Proposition Amount: $40,000,000

 

City of Canyon

County: Randall

Bond Proposition Amount: $5,200,000

 

City of Cedar Hill

County: Dallas/Ellis

Bond Proposition Amount: TBD

 

City of Colleyville

County: Tarrant

Bond Proposition Amount: TBD

 

City of Commerce

County: Hunt

Bond Proposition Amount: TBD

 

City of Corpus Christi

County: Nueces

Bond Proposition Amount: $55,000,000

 

City of DeSoto

County: Dallas

Bond Proposition Amount: $26,000,000

 

City of Denton

County: Denton

Bond Proposition Amount: $100,000,000

 

City of Lubbock

County: Lubbock

Bond Proposition Amount: TBD

 

City of Mansfield

County: Ellis/Johnson/Tarrant

Bond Proposition Amount: $65,000,000

 

City of Murphy

County: Collin

Bond Proposition Amount: TBD

 

City of Pflugerville

County: Travis/Williamson

Bond Proposition Amount: $30,000,000

 

City of Rosenberg

County: Fort Bend

Bond Proposition Amount: $12,500,000

 

City of San Diego

County: Duval/Jim Wells

Bond Proposition Amount: $15,000,000

 

Village of Salado

County: Bell

Bond Proposition Amount: TBD

 

City of San Marcos

County: Caldwell/Guadalupe/Hays

Bond Proposition Amount: TBD

 

City of Selma

County: Bexar/Comal/Guadalupe

Bond Proposition Amount: TBD

 

City of Spring Valley Village

County: Harris

Bond Proposition Amount: TBD

 

City of Uvalde

County: Uvalde

Bond Proposition Amount: TBD

 

City of Waco

County: McLennan

Bond Proposition Amount: TBD

 

Counties

 

Comal County

Bond Proposition Amount: TBD

 

Ector County

Bond Proposition Amount: TBD

 

Grimes County

Bond Proposition Amount: $6,600,000

 

Hays, Hidalgo, Kleberg, Milam, Travis Counties

Bond Proposition Amounts: All of the above are TBD