State Spending

3 North Texas ISDs Lead "Most Outstanding Debt" ListA total of three North Texas school districts made the state Top 10 list of those with the most outstanding debt. For all but one, the amounts were more than $1 Billion.
Bill To Tap Rainy Day Fund Before Texas HouseThe Texas House is debating legislation that would make up for a $4 billion deficit in the current budget. The measure makes about $800 million in cuts and assumes the use of about $3.2 billion from the Rainy Day Fund.
State Leaders Tell Agencies To Plan For More CutsThe state's top three elected officials asked Texas agencies Tuesday to plan for additional cuts of 2.5 percent as lawmakers address a budget shortfall expected to exceed $20 billion.