Texas’ 9 Most Populous Cities Owe $21.6 Billion in Debt

  • by:
  • Source: The Texan
  • 02/15/2022
All but two of Texas’ nine most-populated cities owe thousands of dollars per taxpayer, according to an analysis by the right-leaning think tank Truth in Accounting (TIA).Collectively, the municipalities owe over $2,400 per taxpayer, which amounts to $21.6 billion.

Using numbers from 2020, the analysis subtracts the costs cities face from their “assets available to pay bills” to reach the money available or needed to pay their bills.

Houston accounts for the largest slice of that — with $8.9 billion needed to pay the bills — followed by Dallas with $5 billion and Austin with $3 billion in payments owed.

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