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Billions in New Debt Approved in May Election Bond Measures

Billions in New Debt Approved in May Election Bond Measures

Billions in new local government debt was approved during the May 2nd municipal elections, saddling taxpayers with higher taxes for years to come.  While state lawmakers continue talking about tax relief in Austin, cities, counties, special districts, and school...

Taxpayer-Funded Failure: Conroe’s $170 Million Hotel Debacle

Taxpayer-Funded Failure: Conroe’s $170 Million Hotel Debacle

In Texas, taxpayers are too often promised that government-backed “economic development” projects will pay for themselves. But the unfolding financial disaster in Conroe is a stark reminder that when government picks winners and losers, taxpayers are often left...

May 2 Bond Elections: The Local Debt Tsunami

May 2 Bond Elections: The Local Debt Tsunami

This Saturday, May 2, Texans in cities, counties, school districts and special districts across the state will head to the polls for local elections that have the potential to carry a heavy price tag.  Tens of billions of dollars in new debt from bond proposals...