The petitioners submitted over 10,000 signatures to force the city to get voter approval before approving a $35 million expense.
The Texas House gave final approval to legislation restricting localities' use of non-voter-approved spending, intending to cut down on the use of Certificates of Obligation.
The bill that was once an across-the-board restriction on localities' use of non-voter-approved spending became substantially neutered on the House floor after amendments.
Intended to finance emergency needs that cannot wait for a ratifying election, political subdivisions in Texas have racked up billions in certificate of obligation debt.
