Reason Foundation

Reason Foundation

District Court Sides With Houston's TABOR

Leonard Gilroy
January 10, 2006, 6:53pm

Some great news today on Houston's Proposition 2, a local tax and expenditure limitation modeled after Colorado's Taxpayer Bill of Rights (TABOR): For background, Prop 2 is designed to reduce the cost of city government each year by limiting the growth of city revenue to the combined rates of inflation and population growth. If the city exceeds this limit, the excess revenue must be refunded to the taxpayers or be subjected to voter approval before the city could spend it. It covers all city revenues collected in a fiscal year, including property taxes, sales taxes, water and sewer fees, airport revenues, and pollution fines. For more background on Prop 2 from the initiative's backers, see here.

Leonard Gilroy is Director of Government Reform

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