Garland is apparently drowning in debt, according to a new report. We're ranked as the city struggling the most with debt in the nation. Yikes!
At a glance
Rising — being discussed more frequently. 1 mention in the last 30 days, 1 the 60 before, 2 the 90 before that.
The average resident will see a $7.13 increase on their monthly utility bill.
Residents will benefit from increased public safety staffing and maintained city services.
Residents will face a slight increase in monthly utility costs.
The city is proposing a $1.028 billion budget that shifts tax revenue from debt service to operations to fund police, fire, and other city services. This is part of a plan to keep the city financially stable as it reaches its build-out capacity.
The city is looking at raising some fees for services like building inspections and code compliance to cover rising costs. They are also planning pay raises for city staff to keep up with the market.
The city's finances were reviewed by external auditors, who found them to be in good shape with no major issues identified in the latest financial statements or the handling of federal funds.
The board will need to address an oversight in the project plan regarding administrative charges, which are required for TIF operations.
The committee discussed potential state legislative actions, such as changes to property tax caps (SB-2) and proposals for a value-added tax, and their potential impact on the city's revenue and ability to fund public safety services.
Garland, Texas, Tops List Of Cities Struggling Most With Debt, WalletHub Finds CU Today
These cities have the most debt collection accounts in 2025, study finds LiveNOW from FOX
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