Search city debt

Austin’s Debt Train to Nowhere

,

Austin’s Debt Train to Nowhere

In November, Austin voters will decide on City Proposition 1—a billion dollar transit rail line that will over double the city’s debt and lead to a substantial tax increase for property tax payers. Unlike previous elections on boondoggle projects, greater citizen...

Houston Officials Bury Their Heads In The Sand

Houston Officials Bury Their Heads In The Sand

Houston's elected officials are continuing to endanger the prosperity of our state’s largest and most economically vibrant city by ignoring major fiscal challenges and complaining about voter-imposed revenue limits. For the first time in five years, Houston taxpayers...

Hungry for Taxpayer Handouts

Hungry for Taxpayer Handouts

A popular political bumper sticker reads, “If you’re not angry, you’re not paying attention.” Citizens of the small, Central Texas town of Taylor now have a reason to do both: Taylor’s City Council has given away over $200,000 in tax money to build a pizza restaurant...

Is Debt on Your November Ballot?

Is Debt on Your November Ballot?

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...

Houston Officials Bury Their Heads In The Sand

Bayou City Backwardness

Our state’s largest city is in trouble. Rising pension costs, debt service payments, and labor costs are driving a projected budget deficit for the Bayou City. Judging by the agenda of recent city council meetings, onlookers would be unlikely to see this problem or...