This report discusses fiscal 2015, the most recent year for which data is available, in which local debt outstanding, or the amount of unpaid principal on debt owed by Texas’ political subdivisions, grew to an estimated $212.4 billion, “an increase of $20.09 billion (10.4 percent) over the past several years” (Texas Bond Review Board, 2). To help rein in the growth of local government debt, state legislators should require political subdivisions to provide voters with more information at the ballot box for each new debt proposition.
Austin ISD is an Absolute Mess
Texas’ “most progressive” school district—Austin ISD—continues to be a shining example of all that’s wrong in public education. To start, it was recently revealed that AISD is likely facing a $60 million budget deficit for the upcoming 2024-25 school year. But rather than reduce spending to close the gap, district officials appeared content “to [only]...