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.
New Braunfels ISD’s Staffing Decision Hints at a Larger Problem
Last week, New Braunfels ISD trustees committed to spend $4.3 million to fund 70.5 full-time positions in perpetuity. While the district’s staffing decision might seem unimportant at first, it actually hints at a large and growing problem becoming increasingly common in local budget matters. See, 26 of the 70.5 full-time positions were originally funded through...