At the Crossroads Summit: Leighton Steward Presentation
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Local government debt in Texas has reached alarming levels, and the situation is being made worse by the process, according to a new Austin American-Statesmanarticle from the Center for Local Governance’s Jess Fields. From the article: In May, Texas school districts held bond elections asking taxpayers to approve more than $6 billion in bonds for a variety...
On Sept. 22, President William Powers, Jr. delivered his final state of the university address. In that speech, he laid out nicely the path ahead. Among UT’s “serious challenges,” he finds “[t]oo many families are being left out of higher education because they can’t afford it.” Affordability is a national issue. President Barack Obama has...
As local government debt explodes in Texas, voters are becoming increasingly uneasy about the prospect of paying for more debt out of their property taxes. As a result, some local government entities, especially school districts, are crafting ways pass bonds more easily in low-turnout elections. In May, Texas school districts held bond elections asking taxpayers...