This paper highlights Texas budget trends in Articles VI and VII since the 2004-05 budget and notes the natural resources and business and economic development functions that increase faster than population growth plus inflation in the 2016-17 budget.
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...