Budget Surplus

News

Is A $25 Billion Surplus Coming Next Session?

Rumors have already begun to swell around Austin that there is the possibility of a historic budgetary surplus heading lawmakers’ way as appropriators begin to consider the state budget for the next biennium. The Austin swamp is already salivating about…

Explainers

Explainer: What is the Texas Rainy Day Fund?

Most Texas taxpayers have probably never heard of the Economic Stabilization Fund (ESF) or as it’s sometimes referred to, “the Rainy Day Fund.” Our assumption is that lawmakers are content to keep the ESF hidden because if most taxpayers knew…

Commentary

Will TXLEGE Decide To Patch The Leak, Instead of Eliminate It?

Recently the groundswell of conservative voices demanding property tax elimination has reached all-time highs. The last two special sessions have not delivered the results for property tax relief that taxpayers have demanded. Property taxes have risen more than 181% in…

Commentary

Real Property Tax Relief Is Being Lowered Into A Shallow Grave

With only six days left in the second called special session real property tax relief is being lowered into a shallow grave. HB 122, the strongest legislation that the Texas House has seen in years, seeks to apply 90% of…

Commentary

Finally a Chance for Property Tax Relief

For years, the desire for property tax relief has been at the top of Texans’ concerns. As a matter of fact, in a recent poll conducted by our friends at Texas Public Policy Foundation, it was revealed that 71% of…