Dallas Taxpayers: Dig Deep, Pony Up, and then BOHICA

Sam Merten explains why Dallas taxpayers are going to be boned when the $550 million convention center hotel goes tango uniform. Per Councilmember Angela Hunt:

It seems to me that the mayor needs to be honest with taxpayers and let them know that if this hotel gets in trouble, taxes will go up if we have to dip into the general fund to pay off the debt because the reserve doesn’t protect us.