The Texas Public Policy Foundation recently highlighted Frisco ISD’s bond proposal, set to appear on May’s local ballot. The brief paper is appropriately titled, “A Profile in Runaway Debt: Frisco ISD's $775 Million Bond Proposal”. Not only did their analysis...
Historically, turnout in Texas’ political primaries has languished in the single-digits. Considering that many races from within each party are uncontested, it’s somewhat understandable. But countless, hotly contested Republican races this March still failed to...
In the last three years, the average salary of administrators has increased $4,300 while teacher’s pay has decreased $900.
You wouldn’t think that a Water Board could cause so many problems for Texans. Perhaps that's precisely why, much like rebellious toddlers, some public officials at TRWD insist on overstepping the legal boundaries designed to hold them accountable. We’ve already...
We recently criticized the state for creating a hopelessly complex information maze that keeps unsuspecting Texans in the dark, and enables local officials to further fuel their borrowing addiction. The State Comptroller’s office, headed by transparency champion Susan...
The issuance of debt by government officials is a passive form of taxation, because debt issued today will require taxes on future income. And because borrowing requires the payment of interest, the cost to taxpayers is typically twice the amount borrowed and spent....
Interest expense is a huge cost that won’t be included on the ballot, nor in town halls conducted by district staff that will be living off taxpayer provided pensions by the time voters realize what hit them.
The district spends more money carrying debt than it does providing resources to teachers and students in the classroom. Debt is literally cannibalizing their budget.
Let’s try spending more money in the classroom rather than simply on a classroom.
A local panel is recommending that Travis County officials forego an election, and instead just unilaterally issue debt and raise taxes to build a new courthouse. Why? They want to "bypass" the "risk" of not getting approval from those pesky taxpayers. This is an...