News

Texas Cities Racking Up Huge Amounts of Debt

Ethan Buchanan  |  March 11, 2025

According to data from Truth in Accounting, even El Paso has a bigger budget shortfall at nearly $530 million. The biggest shortfall by a major city in Texas is Dallas, coming in at nearly $6 billion. The city of Austin is right behind them, with a deficit of nearly $6 billion.

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