Certificates of Obligation Should Not Be Used For Nonemergency Purposes
AUSTIN— Yesterday, Travis County Commissioners approved the sale of $328 million in Certificates of Obligation—public debt that is not approved by the voters responsible for paying it—for the construction of a new courthouse facility. Three years ago, voters turned down a similar proposal. “Travis County Commissioners are moving forward on a project rejected by the...
Press Release January 16, 2019