Over the years, 13 local retirement systems in seven major metropolitans have successfully lobbied the Legislature to have some or all of their pension plans codified in state law, making pension reform difficult, if not impossible, to realize without first getting legislation passed at the statehouse.
Supermajority Solutions for Texas Taxpayers
Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...