Improving state budget transparency would provide Texans and their legislators with a clear picture of how their tax dollars are spent. The current strategic budget format of Texas' budget makes it challenging for experts, much less ordinary citizens, to track funds in the budget.
Toward a More Well-Informed Citizenry
The 86th Texas Legislature sought to enhance public debt transparency through the creation of Voter Information Documents (VID). However, this instrument is not accurately providing debt amounts and needs reform. Key points: Governments are manipulating the VID methodology to deny voters accurate tax impact estimates. Many VIDs are dissimilar, making comparative analysis challenging. There is...