The Conservative Texas Budget (CTB) limits the Legislature’s appropriations for the 2018-19 biennium to keep the growth of government to less than population growth plus inflation.
Local Government
Who Wants to Borrow Big this May?
On Saturday, voters will decide the fate of 291 separate bond propositions that could add as much as $30 billion in new debt (principal only) to Texas’ already substantial burden. As The Texan reported late last year, local government debt totaled $417 billion in 2022, which “represents roughly $14,000 in debt per resident of Texas,...
May 5, 2023