Policymakers should be concerned about the size and growth of local government debt in Texas – a contributing factor is that voters do not have enough information provided to them at the ballot box to make an informed decision about new debt issuances. Voters should be provided with basic fiscal facts at the ballot box to better understand how their decisions will affect their community.
Texas Budget: Remember the Taxpayer!
Texas’ 2024-25 budget continues to swell to uncomfortably high levels. On Monday, the Senate Committee Substitute for House Bill 1 (SCSHB1) passed unanimously on the Senate floor. This version added $6 billion in total spending as compared to the House counterpart (CSHB1), bringing the total to $308 billion. This additional spending means a biennial increase...