Texas has a proven record of financial stability. Ranking 16th nationwide in fiscal health, 7th in lowest state debt per capita, and with historically high population growth rates accompanied by economic growth, these factors have kept Texas steadfast even during times of economic uncertainty. Relatively sound fiscal management has provided Texans a certain level of comfort, but increasingly evident signs of vulnerability are raising concerns about the state’s financial health.
Austin’s rising utility fees are taxes by another name
Rising utility bills are one of many factors exacerbating Austin’s well-documented affordability crisis. When Austin utility bills went up last winter, many residents probably didn’t even notice — mostly because the increase in fees was hidden by reductions in other costs. But here’s the truth: The city of Austin is squeezing its customers more than they know....