Spring means it’s bond season in Texas. May brings warmer weather and the opportunity to further indenture our posterity with wasteful school debt. For advocates of responsible financial stewardship by school districts, it is frustrating to see measures increasing...
Local Debt
Billions in New Debt, Over 90% of Voters Silent
Historically, turnout in Texas’ political primaries has languished in the single-digits. The 2014 cycle was no different, even with hotly contested Republican primary races. Less than eight percent of registered voters weighed in across our state’s largest counties....
False Choices, Attacks & Frantic Fiefdoms
Individual taxpayers are often placed at a disadvantage when it comes to weighing in on state and local policy decisions. Perhaps it’s because, in addition to single-digit voter turnout, big government programs often target a minority of beneficiaries at the expense...
TPPF Says Frisco ISD’s Bond Could Cost $1.3 Billion
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...
Local Debt: Few Vote, Everyone Pays
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...
What Plano ISD Doesn’t Want You To Know
In the last three years, the average salary of administrators has increased $4,300 while teacher’s pay has decreased $900.
Tarrant Regional Water District Sued Over Election Shell Game
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...
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 officials to further fuel their borrowing addiction. The State Comptroller’s office, headed by transparency champion Susan...
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 because borrowing requires the payment of interest, the cost to taxpayers is typically twice the amount borrowed and spent....
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 provided pensions by the time voters realize what hit them.