I have seen it numerous times on this forum as well as elsewhere. There seems to be a political meme that Republicans are more fiscally responsible and loathe to drop new taxes on people in a Robin Hood like fashion (take from the rich and give to the poor). To be honest I tended to accept this as Truth as well.
However, while I have not looked in to local politics on this level, the book Unequal Democracy not only challenges this notion but actually turns it on its head.
The author describes himself as distinctly apolitical and his bona fides seem in order so I do not think this is a liberal hit job. Rather it looks like a guy who crunched some numbers and found some surprising results. Below are some quotes but debunk/support at will.
Certainly looking at the Bush administration it does not seem Republicans are the party of fiscal responsibility but feel free to show me they are if you can. Given that the economy is a top-of-the-list issue in this election this seems worthy of a good look to see if the old notions really hold water.
Sample chapters from Unequal Democracy (lots more detail there too)