Texas state and local governments are expected to spend $18 billion in federal economic stimulus or over $700 for every man, woman, and child in the state; but has all that government spending been worth it? To answer this we examine the growth and decline of some of the state’s major economic indicators since the stimulus came to Texas.
Winners and Losers: ISD Bond Elections
On Saturday, local governments of all types (i.e. cities, counties, school districts, and special districts) asked Texas voters to decide on nearly 275 separate bond propositions worth $17.4 billion (principal only). Using the Texas Bond Review Board’s bond election database, the Municipal Advisory Council of Texas’ website, and social media, we’ve tracked the results for...