Houston controller warns city budget crisis is worsening

Houston is going to run out of money within the next year -- that's the warning from the city controller. After losing a ...
Houston City Controller Chris Hollins said the municipal government already was facing a $230 million budget shortfall for the next fiscal year, adding that the outcome of the drainage fund case ...
A recent Texas Supreme Court decision will force the city to increase the amount of property tax revenue allocated to a dedicated drainage and street fund.