Tracking local debt in Texas’s most populous cities, counties, and ISDs.
Key points:
- Texas’s largest local governments are drowning in debt.
- The 10 largest cities have borrowed more than $66.5 billion, or about $7,500 per resident.
- The 10 largest counties owe a combined $14 billion, or $816 per resident.
- The 10 largest school districts’ debts total $27.3 billion, or $26,230 per student.