Texas House and Senate budget writers will have up to $114.1 billion to spend in non-dedicated state tax revenue in the next budget cycle, following the Legislative Budget Board’s adoption yesterday of the constitutional tax spending limit. This limit, which must be adopted before lawmakers meet in January, reflects the LBB’s adoption of a forecasted…
This is part of our blog series for Texas 2036’s Strategic Framework, which provides in-depth, cross-cutting data to inform key decisions about the most significant issues facing the state. Since July 2022 when the Texas Comptroller announced a large uptick in state revenue for the current biennium, folks watching the Texas budget have wondered and…
This is part of our blog series for Texas 2036’s Strategic Framework, which provides in-depth, cross-cutting data to inform key decisions about the most significant issues facing the state. Texas has long prided itself on the affordability of its housing, but as prices rise rapidly in comparison to income, homeownership may soon be out of…
Our look at better job opportunities for all Texans is part of our blog series for Texas 2036’s Strategic Framework, which provides in-depth, cross-cutting data to inform key decisions about the most significant issues facing the state. Texas has experienced Gross Domestic Product growth in nine of the last 10 years, with the only exception…