MIDLAND FAMILIES DESERVE A CONSERVATIVE TEXAS BUDGET

Although the 2017 legislative session in Texas doesn’t start until January, budget talks are heating up around Austin. To harm families’ budgets the least while funding key budget areas, the 85th Legislature should pass a historic second consecutive conservative budget.

THE CONSERVATIVE TEXAS BUDGET: ENDING AN UNFAVORABLE BUDGET CYCLE

THE CONSERVATIVE TEXAS BUDGET: ENDING AN UNFAVORABLE BUDGET CYCLE

Last session, the Texas Legislature passed a generally conservative budget, defined as a budget that increases above previous appropriations by no more than the rate of state population growth plus inflation. This key spending metric accounts for changes in government spending from changes in the state’s population and the general cost of providing goods and services.

THE REAL TEXAS BUDGET: TAXPAYERS DESERVE TRANSPARENCY

THE REAL TEXAS BUDGET: TAXPAYERS DESERVE TRANSPARENCY

The 2015 Texas Legislative Session was historic as legislators passed a conservative budget that increased by less than the key economic metric of population growth plus inflation and $4 billion in tax and fee relief. The Conservative Texas Budget Coalition congratulated the Legislature for these results since it helped to reduce the growth of government giving Texans a better opportunity to reach their full potential. Although this was a favorable outcome, there’s work for the Legislature to do in 2017 to correct spending excesses since fiscal year (FY) 2004.

Real Texas Budget Shows the Need for a Conservative Spending Limit

The Texas economy has performed relatively well during much of the past fifteen years regarding economic output and job creation under a fiscally responsible system of low taxes and smart regulation. However, this Texas model can be strengthened to support greater prosperity by reforming the state’s weak constitutional spending limit.

The Texas Miracle Isn’t All About Oil

The Texas Miracle Isn’t All About Oil

First, let’s identify the Texas miracle. Since the last national recession started in December 2007, Texas has created 36 percent of all civilian jobs added nationwide in a state with less than 10 percent of the country’s population. Employment in the rest of the United States didn’t turn positive until January 2015 and didn’t surpass Texas’ job creation until November 2015.

Strengthen the conservative Texas model

Texas faces multiple economic challenges. These headwinds have slowed economic growth of what would be the world’s 12th-largest economy, potentially leading to the state’s first major recession in 30 years. This has contributed to another possible challenge — a tight state budget in the 2017 legislative session.

Ginn, Pillay: Scrutinize every dollar in Texas’ state budget

Texas’ 2017 legislative session is quickly approaching. The bedrock of the Texas miracle has been a diversified economy and a good tax climate. Lower oil prices and slower economic growth and job creation threaten the state’s prosperity.

With less revenue likely available next session, it’s essential to keep this solid economic foundation by scrutinizing every taxpayer dollar spent, so excesses and higher taxes are not on the table. The Texas Public Policy Foundation does this with its Spotlight series that highlights trends in all 10 articles of the 2016-17 state budget.

Conservative Texas Budget sends letter on tax relief to Texas Senate

Conservative Texas Budget sends letter on tax relief to Texas Senate

The Conservative Texas Budget Coalition appreciates the strides you are taking to provide substantial tax relief. While there is more work to do and we may not agree with every detail of this relief, we are encouraged to see leadership focused on more money staying in the pockets of Texans while funding essential government programs.

Getting to the heart of a ‘Conservative Texas Budget’

Texans today possess the same fighting spirit exhibited when the Texian army sent Santa Anna’s troops packing back to Mexico. So it is no surprise that a vigorous debate has erupted about the Texas budget — and Texas’ future prosperity — months before the 84th Texas Legislature convenes in 2015.

The debate began in April when our Texas Public Policy Foundation suggested reforms to the appropriations process that could lead to a sales tax cut for Texas consumers. Big spenders responded by objecting to any reduction in revenue.

The discussion intensified last month when the foundation showed, in its Real Texas Budget, that spending by the state government since 2004 has grown 8.9 percent faster than population growth plus inflation — this year at a cost of $8 billion.

DeVore: What Real Budget Transparency Looks Like

In January, Texas legislators will begin the 2015 legislative session. Their sole mandatory constitutional obligation will be to pass a budget.

To many Texans, the budget is a mere compilation of numbers — a dry exercise in math. To others, it’s a profoundly values-based document.

But to nearly every Texan, the budget is opaque, concealing secrets with byzantine complexity, preventing both citizens and their elected representatives from truly understanding its size and contents.

The Legislative Budget Board, known as the LBB, and the Texas comptroller of public accounts are the official gatekeepers of the Texas state budget. The comptroller tracks the money coming in; the LBB tracks the money going out. According to the LBB, the budget passed last year will spend 5.1 percent more than the prior budget. But is this accurate?

In a word: no.

Budget Transparency for Texans: The Real Texas Budget

To provide increased transparency to the Texas budget so ordinary Texans can understand how their tax dollars are spent, we published The Real Texas Budget. This report provides an accurate accounting of historical appropriations and spending since fiscal year 2004.