Legislative Budget Board
More than $1.7 billion will be available for Texas highway projects because of a constitutional amendment that allows more money for roads, lawmakers said this week.
Texas lawmakers have capped key parts of the next state budget at nearly $94.3 billion, up almost $10 billion from the current 2-year spending cycle.
The Texas Legislative Budget Board has set a $77.9 billion cap on state spending in the 2014-15 budget year, a 10 percent increase.
The Texas Legislative Budget Board has recommended a policy swap to put the state’s comptroller, not local school districts, in charge of negotiating school property tax breaks for businesses.