Local Debt

Comptroller Delivers Despite Legislative Failure
Comptroller Delivers Despite Legislative Failure
We recently criticized the state for creating a hopelessly complex information maze that keeps unsuspecting Texans in the dark, and enables local...
Taxpayers Bamboozled Over Bonds
Taxpayers Bamboozled Over Bonds
The issuance of debt by government officials is a passive form of taxation, because debt issued today will require taxes on future income.  And...
FWISD: Doubling Down on Costly Debt Addiction
FWISD: Doubling Down on Costly Debt Addiction
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...
Plano ISD: Massive Debt May Lead to Higher Taxes
Plano ISD: Massive Debt May Lead to Higher Taxes
The district spends more money carrying debt than it does providing resources to teachers and students in the classroom. Debt is literally...
Innovation, Not Debt, Key to Better Schools
Innovation, Not Debt, Key to Better Schools
Let’s try spending more money in the classroom rather than simply on a classroom.
Bypassing the Voters
Bypassing the Voters
A local panel is recommending that Travis County officials forego an election, and instead just unilaterally issue debt and raise taxes to build a...
Commuter Rail is a California-Sized Mistake
Commuter Rail is a California-Sized Mistake
When the State of California says it’s too expensive, it should grab your attention. A recent study conducted by a group of experts determined that...
Building Permanent Debt
Building Permanent Debt
With the drought continuing to affect Texas families, water infrastructure is on everyone’s minds in the Lone Star State. Unfortunately, the state’s...