From Austin Business Journal, January 12, 2009...
The state of Texas will have $77.1 billion in funds available for general purpose spending for the 2010-2011 fiscal years, a new report from Texas Comptroller Susan Combs said Monday. This figure is 10.5 percent lower than the general purpose spending funds available in 2008-2009.
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Showing posts with label Texas Budget. Show all posts
Showing posts with label Texas Budget. Show all posts
Thursday, January 22, 2009
Texas should be thrifty with $77 billion budget, comptroller says
From KEYE, January 12, 2009...
When the gavel falls to open the new session of the Texas Legislature on Tuesday, lawmakers will already be facing a $9 billion challenge. That's how much less money is available for the upcoming budget, compared to the last legislative session.
A slowdown in consumer spending, a drop in oil and gas prices, a struggling housing market - all bringing in less taxes, and that's part of the reason Texas has less money to work with.
Read more...
When the gavel falls to open the new session of the Texas Legislature on Tuesday, lawmakers will already be facing a $9 billion challenge. That's how much less money is available for the upcoming budget, compared to the last legislative session.
A slowdown in consumer spending, a drop in oil and gas prices, a struggling housing market - all bringing in less taxes, and that's part of the reason Texas has less money to work with.
Read more...
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