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.
Growing Pains: The Cost and Contribution of Impact Fees in Texas
Texas’s rapidly growing population requires new infrastructure and improvements, which oftentimes come at great expense. To fund these projects, local officials often impose impact fees on new development—but their use comes at a cost. Key points: Texas is the fastest-growing state in the nation. As such, it has robust infrastructure requirements. To help finance capital...