The benefits and costs of changing the state tax code can now be estimated by a dynamic computer program, developed for the Foundation by the Beacon Hill Institute. Texas-STAMP provides highly detailed information about the effects of specific tax changes on various aspects of the state economy over a five year period. Accessed over the Internet, Texas-STAMP will be used in the halls of the Capitol as legislators debate tax proposals, such as increases in the sales tax, property tax reduction and the introduction of a business activity tax. Texas-STAMP is the centerpiece of the multi-faceted, comprehensive research initiative on school finance that the Foundation began in 2003.
Tracking Local Government Debt in Texas: 2016 – 2025
Local governments in Texas have accumulated excessive public debt. Strict reforms are necessary to restore fiscal discipline. Key points: In fiscal year 2025, local government borrowing reached nearly $561 billion in combined principal and interest, which is $17,706 in debt per capita. From 2016 to 2025, total local debt rose from $331.8 billion to $561...