tag:blogger.com,1999:blog-2498525082522582900.post1768352385668932699..comments2024-03-22T16:02:08.213-05:00Comments on The Wheel: Amending the Texas Constitution for the Umpteenth TimeMark Stegerhttp://www.blogger.com/profile/02376182294736839659noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2498525082522582900.post-84557852894205611602011-10-27T03:39:18.754-05:002011-10-27T03:39:18.754-05:00Regarding Amendment 2: "The constitutional am...Regarding Amendment 2: "The constitutional amendment providing for the issuance of additional general obligation bonds by the Texas Water Development Board in an amount not to exceed $6 billion at any time outstanding."<br /><br />While I agree the ceiling for the bond debt should probably be lifted somewhat, I find a jump from $2 billion to $6 billion to be a mighty big step. Thus far I have found nothing to give any assurance the TDWB is capable of maintaining the bond quality on a 3x increase.<br /><br />I will vote against this one, but would probably support it if it were a smaller step and included some type of oversight/transparency measures.glbeachhttps://www.blogger.com/profile/10177895211614530947noreply@blogger.com