During the Regular Session, the 89th Texas Legislature passed three key measures to meaningfully improve fiscal transparency and cultivate a more informed decision-making environment. These well-intentioned measures include:
• HB 103 (2025), relating to the creation and maintenance of a database of taxing unit bond, tax, and bond-related project information; providing a civil penalty;
• HB 3526 (2025), relating to fiscal transparency for bonds issued by local governmental entities; and
• SB 843 (2025), relating to a Texas Education Agency database of school district and open-enrollment charter school bonds, taxes, and bond-related projects.
Tracking Local Government Debt in Texas: 2016 – 2025
Local governments in Texas have accumulated excessive public debt. Strict reforms are necessary to restore fiscal discipline. Key points: In fiscal year 2025, local government borrowing reached nearly $561 billion in combined principal and interest, which is $17,706 in debt per capita. From 2016 to 2025, total local debt rose from $331.8 billion to $561...