If passed, all bonds would cost local property taxpayers more than $712 million with interest.
Local Debt
Houston Firefighter Settlement Taking Shape
Houstonians will pay $72 million annually for the next five years and then $36 annually for the duration of the life of the judgment bond.
Houston City Council Members Raise Questions Over Firefighter Deal
The agreement was announced last week and includes a $650 million back pay settlement for all active firefighters, retired firefighters, families of firefighters who died in the line of duty since 2017, and those who left for medical reasons.
City of Houston and Fire Department Reach Deal
The city plans to pay $656.5 million to settle the eight-year labor dispute.
Fort Bend ISD Audits Bond Program
The Board of Trustees voted to approve an audit after $133 million in cost overruns from their $1.2 billion May 2023 bond package.
Houston Gets a ‘D’ on the State of the City Finances
The report found that when all debt is considered, Houston has a taxpayer burden of $9,000.
Fort Bend Independent School District’s Bond Has $133M Shortfall
The $1.2 billion bond which voters approved in May of 2023 currently has a shortfall of $133 million.
Decision Texas, Houston, Local
Willis Independent School District Proposes New Bonds Totaling $218.1 Million
The district is asking voters to approve additional debt and a new tax increase only two years after voters approved a $143 million bond proposition.
School District Proposes Spending Millions on Teacher Housing
Pflugerville ISD proposes raising taxes and spending $367.6 million on school bonds, including $44 million for teacher housing.
Taxpayers Potentially on the Hook for Millions Because Legislature Chose Not to Act
The Legislature had the money available to pay down debt before a deadline, but now they have to pay the debt with interest, amounting to millions of more dollars.