Local control is a style of governing often espoused by local elected officials in Texas. Ironically, it is also a policy preference that is conspicuously absent from many major municipal retirement systems.
Local Government
Just the Facts: Government Debt in Texas’ Most Populous Cities, Counties, and School Districts, 2nd Edition
Examining public debt owed by Texas’ most populous cities, counties, and school districts. Key points – Local government debt in Texas has reached concerning proportions. – The 10 largest cities have borrowed more than $70.3 billion, or $7,853 per resident. – The 10 largest counties owe a combined $14 billion, or $793 per resident. –...
October 18, 2023