Texas Public Policy Foundation: Local Debt Grows to More Than $365 Billion in 2019
December 04, 2019
December 04, 2019
AUSTIN, Texas, Dec. 4 -- Texas Public Policy Foundation issued the following news release:
Using the Public Information Act, the Texas Public Policy Foundation secured the release of new information from the Bond Review Board revealing local governments are awash in public debt.
According to the agency, local debt totaled $365.3 billion in FY 2019, an increase of almost $11 billion over the prior year. Since FY 2017, Texas' local governments have added more than $27 bi . . .
Using the Public Information Act, the Texas Public Policy Foundation secured the release of new information from the Bond Review Board revealing local governments are awash in public debt.
According to the agency, local debt totaled $365.3 billion in FY 2019, an increase of almost $11 billion over the prior year. Since FY 2017, Texas' local governments have added more than $27 bi . . .