Governor Rick Perry is delivering an economic speech he promises will detail key Texas budget principles for next year and beyond.
Texas lawmakers are planning to hear testimony about the state’s debt burden and problems with the crime victim’s fund.
Lawmakers will most likely have to tap the Rainy Day Fund to balance the budget in 2013, state comptroller Susan Combs said in an interview.
Some Texas agencies facing severe budget cuts used financial incentives ranging from $10,000 to $25,000 to entice eligible employees to retire.
Texas lawmakers started the year promising to make hard choices and not ‘kick the can’ down the road. But guess what happened.
On Thursday evening, DISD school board trustees sat down to finalize the millions of dollars of budget cuts that are now necessary.
Keller ISD board president Kevin Stevenson said Monday that major cuts will now be implemented after voters turned down a tax increase.
As state lawmakers remain deadlocked on education funding, school districts are making spending decisions, chopping things like bus service.
According to poll results released Tuesday by the nonpartisan Texas Lyceum group. more than one-fifth of Texans say education is the most important issue facing the state.
The Texas House approved slashing $4 billion from public schools and establishing a new formula that will change how funds are distributed.
The Texas House is debating legislation that will cut $4 billion from Texas public schools to deal with a multibillion dollar revenue shortfall.
The 142-page measure is part of a special legislative session to pass laws that will balance the state budget. It could save the state $467 million.