UT Arlington POLS 2312 - State Budget (2 pages)

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State Budget



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State Budget

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Talks about state budget


Lecture number:
31
Pages:
2
Type:
Lecture Note
School:
University of Texas at Arlington
Course:
Pols 2312 - State and Local Government
Edition:
3

Unformatted text preview:

POLS 2312 1st Edition Lecture 31 Outline of Last Lecture I Regressive State Taxes II Federal Funds III Texas Revenue IV Sales Tax V Pay as you go Limit Outline of Current Lecture I Constitution and Budget II LBB III BRE IV Education Policy in Texas V State Board of Education Current Lecture l The Texas Constitution sets specific spending limits on some services Non dedicted spending can t grow faster than the estimated growth of state s economy Texas will not spend more than 1 on poor children and caretakers No more than 5 of the state budget is spent on debt ll Developing the state budget falls to Legislative Budget Board LBB They analyze agency programs estimate the costs of the new legislation and create a draft budget for legislature They review 5 year projections from each department Hearings are held before the legislature begins session lll The comptroller determines the Biennial Revenue Estimate BRE The BRE can be updated if dramatic changes take place lV These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute The debate over Texas public education extends back to a period when Texas was part of Mexico Some conservatives want social sciences to cover biblical events V The State Board of Education has 15 members that serve a 4 year term They oversee the Permanent School Fund execute education budget nominate commissioner of education purchase textbooks and shape what s in them and they set the education standards for students and schools



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