A report shows that Texas property taxes are among the highest in the nation.
Historically, the Legislature has provided minimal tax relief in surplus years.
Capping the growth of state spending at the rate of population plus inflation has been a priority of conservatives for years.
Strengthening the state’s spending limit has long been a priority of conservatives.
The 140 days of the legislative session have concluded. What did—and did not—get accomplished?
The bill would cap the growth of state spending to that of population plus inflation.
In a win for fiscal conservatives, the bill would cap the growth of state spending at the rate of population plus inflation.
Due to falling tax revenues caused by shelter-in-place, North Richland Hills announced reductions in spending.
While taxpayers have good reason to be skeptical of the Lubbock lawmaker’s comments, the fact that he’s already speaking out about forcing budget cuts and preventing tax increases on Texas families is promising.
A 25 percent across-the-board cut in budgeted 2021 general revenue funding to the state’s public universities and system administrations would achieve savings of nearly $250 million.