2020 Real Texas Budget: The State of Texas’s Spending

The Real Texas Budget provides an overview of government spending from 2004-05 to 2018-19. It demonstrates the need for reforms to restrain the growth of government spending and increase budget transparency.

​Key points:

• Over the last 16 years, Texas state spending has increased faster than the pace of population growth plus inflation, at the excessive cost of $33.1 billion to taxpayers, or almost $2,300 for a family of four annually, on average
• The Real Texas Budget demonstrates the need for government spending restraint and an improved budget process.
• Legislators should pass a Conservative Texas Budget in 2021, holding any growth in initial appropriations of all funds to less than population growth plus inflation of 5% to $246.8 billion, excluding explicitly related COVID-19 funds.

https://www.texaspolicy.com/2020-real-texas-budget-the-state-of-texass-spending/