“The federal government shouldn’t reward local governments’ bad budgetary behavior by bailing them out. The pandemic only highlighted this problem—it didn’t create it.”
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North Texas Cities: Top 20 Largest Debt Burdens
Cities primarily issue two forms of debt—tax and revenue supported bonds.
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'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...
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...
Vigilance At Every Level
There are compelling reasons why Texans need to be vigilant in holding their local officials accountable. Thanks to Congresswoman Kay Granger and F-rated Charlie Geren (Fort Worth), the Tarrant Regional Water District can now legally bully private landowners using...