Members of the Texas House and Senate are now considering legislation to change the Permanent School Fund. Three proposed constitutional amendments, if adopted, would change who makes decisions about the fund, what the spending policy is and would expand the beneficiaries of the fund.
Local Government
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...
November 9, 2026