This presentation was presented at the Federalist Society Phoenix Lawyers Chapter, Institute for Justice and Goldwater Institute Event, on December 7, 2012, by the Foundation's Center for Effective Justice.
Hijacked: How the Bond Process is Being Used Against Taxpayers
School bonds are one of the main instruments contributing to Texas’s local government debt, which is currently over half a trillion dollars. Key points: As of 2026, school bond debt in Texas is over $236 billion. In May of 2023, Texas passed 79% of the 245 bond proposals put on the ballot, costing taxpayers $22.9...