David Méndez, a public finance attorney with BHDA, wrote an article on tax anticipation notes that was featured in the August 2020 issue of Texas County Progress magazine.
“As counties prepare their budgets and address routine maintenance and operational costs, many face the inevitable need to budget for some routine capital items. Law enforcement vehicles or road grading equipment may need replacement; radios, computers, or office equipment may have worn out; gravel and road base material may be needed to repair county roads; or the courthouse roof may need patching. All of these are, technically, capital expenditures…” To continue reading, click here.