Houston Surprisingly dealing with budget deficits

Houston has an excellent economy and city revenue is growing but what most Houstonians don’t realize is that even this success, isn’t balancing our budget.

Since 2011, the City of Houston has not been able to balance their budget; Annise Parker’s spending policies have managed to increase the deficit at the same time that we are increasing our revenue. In 2009, Mayor Bill White handed the city over to Annise Parker; she inherited a city with a balanced budget. By 2011, Houston was again running deficits. The main culprit in our budget crisis is city worker pensions; which costs a total of $3.3 Billion dollars. Houston is known for having a good economy and ranking high on a large amount of “best of” lists. However many residents don’t realize that the city is facing a deficit. For the cities credit, the budget deficit is a $6o Million dollar gap but there are no signs of us balancing our budget by the time that the new Mayor gets sworn in in January.

I hope Houston can balance its budget so we can continue to be the economic light to the world.