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...
This issue of Veritas, the quarterly publication of the Texas Public Policy Foundation, features solutions to correctly measure poverty, introduces the Texas Prosperity Promise, explores whether free college is a good idea, a farewell from our CEO Brooke Rollins, an introduction of Lieutenant Colonel Allen West and the Booker T. Washington Initiative, and recaps the 2018 Policy Orientation and Visionaries Meeting.
Next month, independent school districts (ISDs) will, again, ask voters to approve massive new borrowing schemes that threaten to unleash a wave of tax hikes and bigger bureaucracies. These fiscal excesses appear widespread too. Taxpayers in nearly 60 different counties will decide on one or more of the 109 individual propositions up for a vote this election cycle, according to the Texas Bond Review Board’s (BRB’s) bond election database. If these measures are entirely successful,...