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The Fiscal Note: Crosby ISD’s $208 Million Bond

Texans for Fiscal Responsibility
Friend,

Welcome to your Friday Fiscal Note.  💸

This week,  we cover Crosby ISD’s $208 million bond election to be held on November 3. The district has only two cents of borrowing power left, and the debt incurred will have to be paid with more property taxes coming out of the pockets of local taxpayers.

And this bond comes just a few years after the district ran into trouble with the SEC over previous bonds…

Plus, James Talarico’s anti-taxpayer record continues to come under fire. The Austin Representative campaigns on affordability, but spent four legislative sessions voting to grow government and stop pro-taxpayer reforms.

Also, in cased you missed it, the Comptroller’s office is moving to end a hidden, double tax that Texans, nor the Legislature, ever voted for.

Check out all this, and more, below! 👇

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Crosby ISD’s $208 Million Bond: A Poor Record and Discrepancies

Crosby ISD taxpayers will decide on November 3 whether to authorize over $208 million in new school bonds. The sample ballot lists the measures as Proposition A and Proposition B, and comes at a time when the district only has two cents of borrowing power left, under the “fifty cent rule.” How much borrowing power two cents provides the district is up for debate…
Read More Here!

Talarico’s Broader Record: Anti-Taxpayer

We have already reported on James Talarico’s votes against adding an income-tax ban and a death-tax ban in the Texas Constitution. These votes, however, are not the full story…
Read More Here!

Huffines on the Move: Ending a Hidden, Double Tax

Comptroller Don Huffines continued the implementation of his Taxpayer First Project with an executive order aimed at a tax Texans never voted for: a tax on the fee a seller, a restaurant, or a gig worker pays a platform, stacked on top of the sales tax already charged on the purchase itself…
Read More Here!
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