This Policy Brief is the first in a series of reports examining the state’s budget. Specifically, this report focuses on overspending of the biennial budget and delves into the issue of state accountability for tax dollars spent.
Toward a More Well-Informed Citizenry
The 86th Texas Legislature sought to enhance public debt transparency through the creation of Voter Information Documents (VID). However, this instrument is not accurately providing debt amounts and needs reform. Key points: Governments are manipulating the VID methodology to deny voters accurate tax impact estimates. Many VIDs are dissimilar, making comparative analysis challenging. There is...