While the positives outnumber the negatives in the state’s new budget, Texas will be well served if its state leaders remain focused on fiscal restraint. The national recession has been punishing to states that lost their budget discipline and abandoned pro-growth tax policies, and Texas should not follow their example.
May 2024 Bond Election Report
This report examines the true cost of bond propositions considered in the May 2024 election cycle and offers recommendations to improve debt transparency and accountability. Key points: Texas voters considered almost 325 bond propositions on May 4th, 2024. Of those, approximately 260 measures were approved. The total repayment cost for every bond measure proposed was $38.8 billion....