As Texas prepares for a session on public school finance reform, these guiding principles will be used by the Foundation in its research. They are useful in setting expectations for addressing revenue streams, understanding expenditures and even structuring the system of public education.
Hijacked: How the Bond Process is Being Used Against Taxpayers
School bonds are one of the main instruments contributing to Texas’s local government debt, which is currently over half a trillion dollars. Key points: As of 2026, school bond debt in Texas is over $236 billion. In May of 2023, Texas passed 79% of the 245 bond proposals put on the ballot, costing taxpayers $22.9...