Policymakers should be concerned about the size and growth of local government debt in Texas – a contributing factor is that voters do not have enough information provided to them at the ballot box to make an informed decision about new debt issuances. Voters should be provided with basic fiscal facts at the ballot box to better understand how their decisions will affect their community.
Kudos, Tarrant County
Fiscal conservatism is alive-and-well in Texas’ 3rd largest county. As evidence, consider that Tarrant County officials last year approved a tax rate below the no-new-revenue (NNR) tax rate, resulting in an astonishing “13.17 percent” rate reduction. As impressive as that was though, county leaders took things one step further by creating a 10% local option...