Voters should know it, too.
Expect to hear opposition based on the simplistic assertion that local, state and federal governments already owe too much money and should not be taking on any more debt -- for anything whatsoever.
That line of argument became popular last year, pushed by an
The group financed opposition to several tax rate and bond elections across
In the end, the
But the PAC has reorganized and refocused its efforts this year. It's helping to finance campaigns in opposition to several legislative incumbents in the
That includes contributions to
So how much substance is there to a too-much-debt-already argument in Arlinton ISD?
The district has been a miser when it comes to bond elections. Its most recent, a
Some other districts comparable in size to
Still, what can Arlington ISD afford?
Bonds for some projects are paid off in as little as five years, but investments in schools and other facilities usually are on the books for at least a 25-year payout.
Arlington ISD currently owes
The highest are North East ISD in
Still, how much more can
So during the period in which
Ultimately, the individual taxpayer decides whether to pay for the new bond package. That means looking at how much that individual's taxes might go up if the
To conservatively estimate that figure, district financial experts slash projected growth in the tax base in half, and within a few years drop it to zero.
The experts say under that scenario the district's tax rate for debt service could go up as much as
Not excessive, as bond packages go. The no-more-debt argument doesn't have much going for it.
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