TITLE

Highly Regarded Texas County Serving Up Notes With a Twist

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
May 2003
SOURCE
Bond Buyer;5/20/2003, Vol. 344 Issue 31639, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Harris County of Texas has sold tax anticipation notes to bridge revenue gaps that occur in 2003, before the majority of property tax payments are made in the December to February time period. While many municipal governments have experienced multiyear revenue shortfalls, Harris County has maintained a budget surplus for the last two years, including a 40 million dollar surplus during 2002. Bills that will not be debated in 2003 include several revenue-raising measures that might have held off major cuts to health and human services programs, including Medicaid, the state's Children's Health Insurance Program, and home health care for elderly or disabled Texans.
ACCESSION #
9902978

 

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