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Rainy day fund

(credit: AP Photo)

Texas Lawmakers Boost State Spending

The Texas Legislature may not be spending quite like a drunken sailor, but lawmakers have certainly got the checkbook out as they work on the next state budget.

03/31/2013

The Texas State Capitol building. (credit: Jeff Haynes/AFP/Getty Images)

State House To Debate $2 Billion Water Fund

The Texas House is expected to begin debate on a $2 billion state water fund that will be used to build new projects across the state.

03/27/2013

(credit: www.swf-wc.usace.army.mil)

Texas House Committee Approves $2B Water Fund

Lawmakers took the first step Thursday to setting up a $2 billion fund to finance water projects across the state. Members of the House Natural Resources Committee approved a plan that would take the money from the state’s Rainy Day Fund.

03/14/2013

(credit: Ben Stansall/AFP/Getty Images)

Texas Lawmakers Take Up Water Measure

Texas lawmakers are expected to begin public hearings on a proposed $2 billion fund to finance water projects across the state.

02/19/2013

(credit: ROBYN BECK/AFP/Getty Images)

State Lawmakers Get Map Of Highway Needs

Texas transportation officials are scheduled to give lawmakers a road map for the challenges the state faces in keeping up an aging highway system to move its growing population.

02/12/2013

The dry banks of a river are pictured on July 14, 2010. (credit: ROBERT MICHAEL/AFP/Getty Images)

Lawmakers To Hear Testimony On Drought, Water Plan

The state climatologist says Texas continues to experience a serious shortage of rainfall and is on track to experience the second-worst drought on record.

02/05/2013

The dry banks of a river are pictured on July 14, 2010. (credit: ROBERT MICHAEL/AFP/Getty Images)

Lawmakers To Hear Testimony On Drought

The Texas House and Senate Natural Resources Committees will be holding a joint hearing on the ongoing drought and the status of the state water plan.

02/05/2013

Texas Governor Rick Perry during the State of the State Address on January 29, 2013. (credit: CBSDFW.COM)

Governor Perry Proposes Infrastructure Upgrades, Tax Cuts

Governor Rick Perry presented a glowing assessment of the Texas economy Tuesday and said there was more than enough money in the state’s Rainy Day fund for a one-time, $3.7 billion-investment in water and transportation upgrades while also cutting taxes.

01/29/2013

Lieutenant Governor David Dewhurst testifies on Capitol Hill. (credit: Brendan Hoffman/Getty Images)

Dewhurst Ready To Tap Rainy Day Fund

Lt. Gov. David Dewhurst said, with the state’s population set to double in the next 40 or 50 years, it is time to tap the Rainy Day Fund, which could be nearly $12 billion by 2015.

01/08/2013

Lieutenant Governor David Dewhurst testifies on Capitol Hill. (credit: Brendan Hoffman/Getty Images)

Dewhurst: Take $1B From Rainy Day Fund For Water

Lt. Gov. David Dewhurst spoke Thursday at an event held by the Dallas Regional Chamber.

11/29/2012

Texas State Capitol

State’s Rainy Day Fund Climbs To $8.1 Billion

A director from the comptroller’s office said that the state’s emergency savings account is expected to hit $8.1 billion when nearly $2 billion is transferred into the fund next month.

10/17/2012

Texas State Capitol

Texas Economy Better, But State Budget Still Short

The Texas economy is coming back, but the state budget is still in trouble, top budget experts told lawmakers Tuesday.

02/21/2012

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