Davidson News

Davidson News

Houston Faces Fiscal Crisis, Brace for Major Rate and Fee Hikes, Experts Warn

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