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Local government officials are leaning more heavily on nonvoter-approved debt instruments, like certificates of obligation (COs), than in years past. As a result, voters are increasingly denied the opportunity to voice their support or opposition to various capital projects and taxpayers are bearing a heavier burden without consent. The Texas Public Policy Foundation’s mission is to promote and defend liberty, personal responsibility, and free enterprise in Texas and the nation by educating and affecting policymakers and the Texas public policy debate with academically sound research and outreach. Funded by thousands of individuals, foundations, and corporations, the Foundation does not accept government funds or contributions to influence the outcomes of its research. The public is demanding a different direction for their government, and the Texas Public Policy Foundation is providing the ideas that enable policymakers to chart that new course. Website: https://texaspolicy.com X: / tppf Facebook: / texaspolicy Instagram: / texaspolicy LinkedIn: / texas-public-policy-foundation