Texas has a proven record of financial stability. Ranking 16th nationwide in fiscal health, 7th in lowest state debt per capita, and with historically high population growth rates accompanied by economic growth, these factors have kept Texas steadfast even during times of economic uncertainty. Relatively sound fiscal management has provided Texans a certain level of comfort, but increasingly evident signs of vulnerability are raising concerns about the state’s financial health.
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]...