Texas Watchdog has released an interactive map that links to the financial disclosure statements of Houston’s city council members, including Mayor White. Each disclosure, which covers calendar year 2008, includes an accounting of real estate holdings by officials and their spouses — along with the usual stocks and bonds and mutual funds and business interests stuff.
Unfortunately, the map itself appears to note only the council members’ primary residences — not any strip centers, spec McMansions, apartment complexes, land grants, or tool sheds that might be lurking in their portfolios. For those goodies (if any), you’ll need to poke through the linked personal financial statements.
The statements, which state law requires council members to complete, are broken into 2 segments; real estate holdings are listed at the end of the first. Of course, for the more sophisticated investors in the City Council crowd, the more interesting properties are likely to be held under the name of some sort of business entity — like, say M/A Khan Holdings LP. You’ll find that sort of info in part 2.
CONTINUE READING THIS STORY