New data reveals a dramatic surge in local government debt across Texas — a trend that’s pushing property taxes higher and intensifying the cost-of-living crisis for families and businesses.
According to the latest estimates from the Texas Bond Review Board, the total debt owed by cities, counties, school districts, and special districts across Texas climbed to nearly $552 billion in fiscal year 2025 — an increase of more than $52 billion in just one year.
In this video, we break down what’s driving the rapid rise in local government borrowing, how it impacts taxpayers, and what solutions can be implemented by the legislature.
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