Testimony presented by the Foundation’s Director of Research before the Senate Education Committee on April 22, 2004, and the Committee of the Whole on the Senate Floor on May 10, 2004.
Taxes & Spending
Hijacked: How the Bond Process is Being Used Against Taxpayers
School bonds are one of the main instruments contributing to Texas’s local government debt, which is currently over half a trillion dollars. Key points: As of 2026, school bond debt in Texas is over $236 billion. In May of 2023, Texas passed 79% of the 245 bond proposals put on the ballot, costing taxpayers $22.9...
April 7, 2026