The one-pager outlines our analysis of how a “real cuts” plan compares with scenarios of a 2.5% rollback rate excluding debt and a 4% cap including debt. The current rollback rate is 8%, but it does not include local debt increases. Additionally, a tax ratification election on rates that exceed 8% can only be held after a rigorous petition process. This publication outlines the savings Texans could realize under a new plan of lowering the trigger and making a tax ratification election automatic.
POLL: Overwhelming Support for Regular Efficiency Audits
When it comes to spending public money, Texans want transparency and accountability. One way to deliver on these demands is through the third-party efficiency audit concept, which is a tool to “assess how well [government] agencies work to keep costs down while providing their services, and if those services are aligned with the purpose of...