Sunshine Week: lots of money, little transparency, in Texas bond campaigns

March 15, 2017

By Kenric Ward, includes “As the nation marks “Sunshine Week” to promote open government, San Antonio’s rear-engineered debt package is the city’s latest, biggest example of government operating in the dark. … Truth in Accounting, a nonpartisan organization that studies municipal finances, found that the Alamo City is heavily and unhealthily leveraged. “When all unfunded liabilities and hidden debt are included, San Antonio’s total debt amounts to $1.2 billion after available assets are deducted,” said TIA President Sheila Weinberg. …”

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