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In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years. Note that a fiscal year is named for the calendar year in which it ends, so "2022-23" means two fiscal years: the one ending in calendar year 2022 and the one ending in calendar ...
SB 1 is the Texas Senate’s proposed state budget for the 2026-2027 biennium and written by Huffman, members of the Finance Committee and Lt. Gov. Dan Patrick’s budget team.
Many Austin-area school districts will start the 2024-25 academic year with a tightened budget belt and millions of dollars in deficits. At least two area districts, including Austin, are expected ...
(The Center Square) – On the same day the Texas Senate filed its 2026-2027 biennium budget proposal, the Texas House filed a similar budget. The proposals are nearly identical, allocating more ...
The Fisc states that the federal deficit increased due to human resource expenditures, increased tax cuts, and increased military expenditure during the 1980s. The Fisc further reports that in expectations and defense spending declined in the 1990s one would expect the expenditure per state to decrease along with the government.
However, Texas was impacted by the economic downturn just like many other states, and by 2011 was suffering from tens of billions of dollars in budget deficits. In order to deal with this deficit, a supermajority of Republicans led to a massive cost cutting spree. [ 39 ]
Texas school districts, many of which were already facing budget deficits this year, had hoped for an influx of state money from the 2023 legislative session, but lawmakers didn't pass meaningful ...
In 2013, Appropriations chairman Pitts and Speaker Straus faced the task of reconciling an expected $4.7 billion shortfall in the state budget. Since 2003, annual spending by Texas state government has been kept in the lower single digits and below the rates of inflation and population growth. Pitts awaited a report from the retiring Texas ...