Houston Faces Fiscal Crisis, Brace for Major Rate and Fee Hikes, Experts Warn
Houston, Texas – In a stark revelation at a recent city council meeting, Mayor John Whitmire declared, “Houston is broke.” The city’s financial woes have been laid bare by City Controller Chris Hollins, who disclosed a troubling deficit of $150 million to $200 million annually, outpacing revenue. The impending firefighter settlement, anticipated to cost Houstonians … Read more