SB 449 would prohibit Texas' local governments from issuing capital appreciation bonds, an exotic type of municipal bond that defers payment of principal and interest for many years, sometimes decades, putting in jeopardy future taxpayers.
Local Government
Who Were Austin’s Highest Paid Public Employees in 2025?
Last month, the Austin American-Statesman launched an interesting new city salary database that shines a light on the “top-paid city of Austin employees of 2025.” The new details are quite interesting, especially given the city’s own recent admission that “Austin is experiencing a housing affordability crisis”—which is, of course, chiefly driven by government action. Using this tool, it’s obvious that city workers have become numerous and well-compensated. As the Statesman itself notes: “The city of Austin employed 13,567 full-time workers...
March 27, 2026