Jim Noteware is a Houston-based real estate developer, focusing on suburban master-planned and urban infill communities. He also specializes in the turnaround of distressed properties, portfolios and organizations. He has served two big-city mayors, in Houston and Washington, D.C., working to improve the performance of large troubled public agencies.
Late in the afternoon of December 26, 2014 — a post-Christmas Friday holiday for many — the City of Houston released its Comprehensive Annual Financial Report (CAFR) for fiscal year 2014, just meeting the legal
In previous articles, I discussed the explosive growth of City of Houston expenditures over the past twelve years. The per capita cost of City government has risen 46% over that time, and the City projects
To address the City of Houston’s unsustainable fiscal trajectory, several current (and aspiring) elected officials have proposed increasing property taxes. They seem to view the City’s chronic deficits of more than a decade as a
A number of smart and caring Houstonians have watched in dismay as the City of Houston’s finances have deteriorated over the past twelve years. Only recently, however, have the City’s elected leaders and a few
As the reality of the City’s budget has become apparent in recent weeks, Mayor Annise Parker and even some prospective 2015 mayoral candidates have begun to call for more revenues. This has led others to