Last legislative session, Texas lawmakers were asked to intervene in Dallas and Houston’s public employee pension funds due to growing financial insolvency. Now, Fort Worth is trying to stave off a reckoning of its own on its employee pensions. Rising costs and no...
Dallas’ finances are in trouble—deep trouble. Between deferred maintenance and a crippling pension crisis, it’s time for city officials to set priorities. One councilman has proposed a solution—revaluate the more than $260 million in annual payments sent to Dallas’...
Cities have sunk roughly $17 billion on DART since 1984, after including debt payments and the agency’s operating costs. It’s a staggering sum, especially considering it’s the 5th most inefficient transit system in the nation. According to a study by the Hamilton...
