Cities throughout Texas rely on a combination of tax revenue and debt to finance street, bridge and sidewalk maintenance, drainage, parks, libraries, fire stations and police stations. Cities that own gas and electric utilities, such as San Antonio’s ownership of CPS Energy, carry the added burden of having to issue bonds on behalf of those utilities. Texas Comptroller Susan Combs’ office has a website called Texas Transparency that pulls in information from the Texas Bond Review Board and…
Reported by bizjournals 1 day ago.
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