4 things limiting Houston’s ability to generate more revenue
Houston lost $25 million in sales tax revenue in March alone because of COVID-19. But the city’s fiscal struggles existed before the coronavirus pandemic. A new Kinder Institute report compares the revenue sources and service levels among the three largest cities in Texas — Houston, Dallas and San Antonio — all of which are expected to see COVID-19-related revenue losses of between 10 and 15%. Of the three, Houston is the most constrained in its options for increasing revenue.
