Tag Archives: rainy day fund

Senate passes budget

Posted on April 2, 2009 by Charles Kuffner

The good news is that the budget presented by the Senate isn’t a big step backwards, which was a real concern given the bleak financial picture and the huge obligation of the property tax cuts, which we continue to be … Continue reading →

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Senate panel approves budget

Posted on March 31, 2009 by Charles Kuffner

As you know, the Lege has one task they absolutely must do every biennium, and that’s pass a budget. The Senate Finance Committee has taken its first step towards doing that. A two-year state budget that accepts federal stimulus money … Continue reading →

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The stimulus and the budget

Posted on March 2, 2009 by Charles Kuffner

State Rep. Jim Dunnam, who is the chair of the ad hoc committee that is charged with disbursing federal stimulus funds, gave an update on their proceedings. Among other things, the federal money may free up some state revenues. Normally, … Continue reading →

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Hurricane relief spending

Posted on February 5, 2009 by Charles Kuffner

So as noted, hurricane relief has been designated as emergency items by Governor Perry for the Legislature. They will have their work cut out for them. Ike and two other hurricanes — Dolly and Gustav — struck Texas last year … Continue reading →

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We have the beginnings of a budget

Posted on January 23, 2009 by Charles Kuffner

And with it, some idea of how deep the hole is. Maintaining basic state services over the next two years will cost Texas almost $84 billion, $3.7 billion more in general revenue than the state expects to raise during that … Continue reading →

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