Tribpedia: Budget

Tribpedia

The Texas Constitution requires the Legislature to balance its budget every year without borrowing against future receipts. That bars the government from deficit spending and forces lawmakers, who meet for 20 weeks every two years, to constantly balance demands for programs and services against voters' desire to limit taxes, fees and other costs of government.

The Legislative Budget Board — a ...

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Comptroller Study Shows Difficulty of Predicting Future

Comptroller Susan Combs’ office recently researched the accuracy of tax revenue estimates going back 40 years.
Comptroller Susan Combs’ office recently researched the accuracy of tax revenue estimates going back 40 years.

The comptroller's office recently researched the accuracy of its two-year revenue estimates going back 40 years and five comptrollers. Comptroller Susan Combs' 2011 forecast, which underestimated state revenue by billions of dollars, has become an issue in this year's race to replace her.

A damaged portion of the IH 37 frontage road, south of  FM 99 in Live Oak County, Texas on Friday, August 16, 2013. The road is on a list of roads that the Texas Department of Transportation has announced will be converted to gravel because the agency lacks funds to keep them maintained at a safe level.
A damaged portion of the IH 37 frontage road, south of FM 99 in Live Oak County, Texas on Friday, August 16, 2013. The road is on a list of roads that the Texas Department of Transportation has announced will be converted to gravel because the agency lacks funds to keep them maintained at a safe level.

Graveling Over Visible — and Invisible — Funding Holes

The state's proposal to convert some paved roads back to gravel has invisible counterparts in other areas of the state budget. But it's apparently safer to talk about transportation problems.

Gov. Rick Perry and Lt. Gov. David Dewhurst answer questions from the media after a series of education bill signings on June 10, 2013.
Gov. Rick Perry and Lt. Gov. David Dewhurst answer questions from the media after a series of education bill signings on June 10, 2013.

Amid Criticism, Perry Defends State Budget

Gov. Rick Perry is pushing back against conservative critics who say the state budget is growing too fast. Perry is still analyzing the budget legislation, but his defense of it was the clearest signal yet that he plans to sign the two-year, $197 billion appropriations bill into law.

TribLive at the Austin Club featuring State Rep. Jim Pitts and Sen. Tommy Williams  on financial issues facing the 83rd Texas Legislature.
TribLive at the Austin Club featuring State Rep. Jim Pitts and Sen. Tommy Williams on financial issues facing the 83rd Texas Legislature.

Senators Hope to Revive Plan to Fund Roads

A plan to fund Texas highway construction by diverting half of the money that currently feeds the state's Rainy Day Fund could find new life in a special session.

83rd Lege's Regular Session: What Happened, What Didn't

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Lawmakers raced to get several bills passed before the 83rd Legislature's regular session ended. And with Monday's announcement of a special session, their work isn't done. Here's a look at the deals reached and the measures that fell short in the regular session.