A management structure for the Permanent School Fund similar to UTIMCO at the Permanent University Fund would be a positive step toward maintaining the integrity of the fund. It would give the State Board of Education authority over the fund commensurate with their responsibilities and provide them the necessary financial expertise.
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...