Happy New Year from the City of Houston: We’re Insolvent!
It has become standard bill of fare for the City of Houston to hold the release of its annual audit ...
Secret $2.5 Billion of Pension Savings
From the moment Sylvester Turner announced his new pension scheme roughly two months ago, the principal sales pitch has ...
Open Letter to City Employees & Retirees: Why You Should be Demanding Defined Contribuion Plans for New Employees
The City and your pension plans' management are leading you down a path that will seriously impact your pensions for ...
City Sales Tax Take Serious Nose Dive: Worst First Half-Year Since 2013
Any hopes that Houston's sales tax decline was about to ease were dashed yesterday when the Texas Comptroller reported that ...
Turner’s Pension Plan Will Require 50% of Property Taxes for 30 Years
Yesterday, the City posted more details about the proposed pension plan. The plan commits the City to pension payments in ...
Counsel Should Delay Vote on Pension Plan
Turner's Bum's Rush on $20 Billion Pension Deal For the last month Sylvester Turner has been negotiating in secret ...
Tips for Straight Party Voting in Harris County
Those of you have who were regular readers of my column know that I am not a fan of straight ...
The Pension Amortization Scam
Fair warning: This post is going to get way off in the weeds of the complex math that defined benefit ...
City’s New Pension Plan: The Good, the Bad and the Incredible
Turner’s Pension “Plan”: The Good, the Bad and the Incredible Sylvester Turner announced his pension “plan” last week. I put ...
City Sales Tax Slide Continues
City Sales Tax Slide Continues The City of Houston got more bad news this week when the Texas Comptroller announced ...
Bill King Blog is Back
Many of you have asked me to put my periodic emails in a blog format. So here it is. Over ...
Posts range from local to national issues and focus on fact-based analysis, avoiding hyperbole and partisanship. The site is intended to be an open, respectful discussion of the critical issues of our day. Contact Bill directly and let him know what matters to you - weking@weking.net