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30 to 1 to push for school bonds

4/12/2013

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The Austin American-Statesman reports that a pro-school-bond group has raised $30,000 to push for $900 million in additional public school debt for the Austin Independent School District. Opponents have raised less than $1,000.

It's a perfect example of dispersed costs and concentrated benefits. The public school contractors and employees who benefit from the taxpayer-financed bonds have a huge incentive to push voters to approve them. Average property taxpayers won't notice a big difference, so they don't have much incentive to organize against the bonds.

But over time, it adds up. Austin ISD currently spends over $100 million a year on debt service.

Texas public schools have way too much money at their disposal. As long as we have public schools, that's how it will be. Libertarians support ending government financing and control of schools.
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Pol. adv. paid for by Libertarian Booster PAC.
  • Home
  • About
    • Mission
    • Issues >
      • 2020 Texas Issues >
        • Taxes and Spending
        • Education
        • Jobs
        • Police
        • Marijuana
        • Guns
      • 2019 Virginia Issues >
        • Education
        • Jobs
        • Police
        • Taxes & Spending
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    • Contact
  • Blog
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    • Campaign Material Templates
    • 2022 Texas Candidate List
    • 2022 TX Candidate Info
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  • Donate
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    • Any Candidate