To raise more money for transportation, legislators are considering indexing the gas tax to inflation. But this approach may very well put tax increases on autopilot for years to come.
May 2024 Bond Election Report
This report examines the true cost of bond propositions considered in the May 2024 election cycle and offers recommendations to improve debt transparency and accountability. Key points: Texas voters considered almost 325 bond propositions on May 4th, 2024. Of those, approximately 260 measures were approved. The total repayment cost for every bond measure proposed was $38.8 billion....