PRESS RELEASE: Fiscal Notes: Budget Drivers – The Forces Driving State Spending 

Contact:
Chris Bryan
Kevin Lyons
Email Us

512-463-4070
Comptroller.Texas.Gov

1-800-531-5441
ext. 3-4070
FOR IMMEDIATE RELEASE

November 27, 2018 

Fiscal Notes: Budget Drivers – The Forces Driving State Spending 

(AUSTIN) — In a November special edition of Fiscal Notes, released today, the Comptroller’s office examines the forces driving costs in state spending — costs that lawmakers will grapple with when they return for the 86th Texas Legislature in January. 

“Most of the state’s spending — nearly 90 percent of it — goes to support just three things: education, health care and transportation,” Texas Comptroller Glenn Hegar said. “We hope this detailed look at Texas budget drivers provides a valuable overview of these issues before lawmakers prepare the next state budget in 2019.” 

In this special edition, the Comptroller’s office also details: 

  • the tension between state and local education spending and the way rising Texas property values have shifted the burden toward property owners; 
  • higher education costs and the rapid increase in tuition and fees at public universities; 
  • how healthcare spending, including Medicaid, has grown as a share of total spending; and 
  • recent increases in state transportation funding.

This is the second in a series of special editions of Fiscal Notes that examine issues the Texas Legislature will face in January. Fiscal Notes is available online and can be received by subscribing via the Comptroller’s website.

Fiscal Notes furthers the Comptroller’s constitutional responsibility to monitor the state’s economy and estimate state government revenues. It has been published since 1975, featuring in-depth analysis concerning state finances and original research by subject-matter experts in the Comptroller’s office.

 


Source: Texas Comptroller

Share This Post

Add Comment

69 − 60 =