In the event of a major hurricane, the Texas Windstorm Insurance Association would have insufficient funds to pay its claims. Underpriced rates crowd out private insurers, putting the system at risk.
Just the Facts: Local Government Spending
Despite billions in property tax relief provided by recent state legislatures, Texans’ property tax bills continue to increase due to unrestricted spending at the local level. Key points: City and county government spending continues to outstrip increases in both population and inflation. While the state government has constitutional and statutory spending limits, local governments do...