This topic contains 1 reply, has 2 voices, and was last updated by MC Lambeth 9 years, 6 months ago.
-
1Replies
Home › Bicentennial Blueprint › Place Limits Local Debt
This topic contains 1 reply, has 2 voices, and was last updated by MC Lambeth 9 years, 6 months ago.
Started by Douglas Allan Barmore Jr
The State does a good job or reining in debt, but allows the local municipalities to take on way too much debt.
Please place limitations on local governments, so they cannot burden the people with debt, and place the prosperity of our State in danger.
MC Lambeth, 9 years ago
Thank you for writing, Mr. Barmore, that is indeed worrisome. Please see Working Texans, starting on page 4, for Greg Abbott’s recommendations on state and local debt: http://abbotttownhall.wpengine.netdna-cdn.com/wp-content/uploads/2014/05/GregAbbottsWorkingTexansPlan.pdf
For instance, creating clear and concise transparency requirements for the disclosure of debt information to voters in state and local bond elections, and requiring all local taxing entities to post their financial statements and local government contracts online.
M.C. Lambeth
Policy, Texans for Greg Abbott