Here’s how Texas may spend $150 billion in tax money - Dallas News

Jan 22, 2025 · AUSTIN — Texas House and Senate budget writers filed the first drafts of the next state budget Wednesday, calling for more than $150 billion in general revenue spending over the next two years ...

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Here’s How Texas May Spend $150 Billion In Tax Money - Dallas News

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Texas House, Senate Propose New Money For School Choice

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Jan 23, 2025 · There's also about $6.5 billion in additional money for property tax relief on top of what was passed two years ago.

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Texas Has Nearly $24 Billion Surplus And Projected To Have ... - CBS …

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Jan 14, 2025 · In all, lawmakers will have nearly $195 billion dollars in state revenues to spend in the next two-year budget. Over the next 140 days, lawmakers will have to develop and …

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Texas House, Senate Offer First Glimpse At How $150 Billion In Tax ...

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Jan 22, 2025 · AUSTIN, Texas — Texas House and Senate budget writers filed the first drafts of the next state budget Wednesday, calling for more than $150 billion in general revenue …

thederrick.com

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The Texas Legislature Is Back. Here’s What We’re Watching.

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Jan 14, 2025 · Texas will need to spend more than $150 billion over the next half century to meet its growing water infrastructure needs, said Jeremy Mazur, director of infrastructure and …

texastribune.org

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Texas Legislature - Dallas News

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Jan 23, 2025 · Here’s how Texas may spend $150 billion in tax money The budget proposals include investments in border security, property tax relief and school choice.

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Texas Would Need About $81.5 Billion A Year To End Property Taxes ...

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Sep 5, 2024 · In addition, the state would have had to shell out another $42 billion to cover the property taxes collected by cities, counties and special taxing districts last year. All told, the …

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Texans’ Priorities: Cut Taxes, Raise Teacher Pay, Expand Medicaid

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5 days ago · With Texas expecting a $24 billion budget surplus, the state’s residents have some ideas about how the Legislature should spend it. Property tax relief for homeowners tops …

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Texans Favor Property Tax Cuts, Teacher Raises As Priorities For …

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5 days ago · A UH poll reveals that Texans favor property tax relief and teacher pay raises as the top priorities for the state's $24B budget surplus.

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Opinion: Texas Is In A Great Spot Financially - San Antonio Express …

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6 days ago · Here’s the short version: Texas’ economy is in good shape, and we have an estimated $194.6 billion available for general-purpose spending for 2026-27.

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Fort Worth And Dallas Adopt Budgets, Tax Rates For 2025

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Sep 19, 2024 · Fort Worth kept its tax rate flat and below the no-new-revenue rate at 67.25 cents per $100 valuation. When the budget was first presented by City Manager David Cooke on …

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Dallas Plans To Lower Tax Rate, Fort Worth Plans Raise In New City ...

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Aug 14, 2024 · The overall recommended budget for Dallas is $5.1 billion, up from $4.97 billion in FY 2024. The budget includes increases for public safety, while proposing a tax rate cut.

thetexan.news

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Texas Would Need About $81.5 Billion A Year To End Property Taxes ...

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Sep 5, 2024 · Texas would have to spend tens of billions of dollars to get rid of the state’s property taxes, state budget officials said Wednesday — a reality check on some …

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Dallas Budget: What's Proposed For 2024-2025 And How It's Grown

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Aug 17, 2024 · DALLAS — Dallas’ budget has jumped in the last seven years, with the nearly $5 billion proposed 2024-2025 budget being the largest in at least 16 years.

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Texas Transportation Agencies Spend Millions Of Tax Dollars With …

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Texas’ local transportation agencies spend at least $1 billion in tax money with little to show for it By James Drew | Staff Writer Published May 1, 2015

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FAQs about Here’s how Texas may spend $150 billion in tax money - Dallas News Coupon?

How much money will Texas spend in the next cycle?

The Texas Legislative Budget Board has set that limit for the next cycle at nearly $10 billion for general revenue, based on an anticipated 8.93% growth rate in the Texas population and economy. Both bills are below the limit. The constitution sets how much must be spent in specific areas, such as education and highway projects. ...

Who is leading the state budget in Houston?

Both are Houston Republicans in their third session leading the budget. The state budget spends money collected separately by the state and the federal governments. Lawmakers have the most discretion over how money collected by the state from its residents — known as general revenue — can be spent. ...

How much money should be spent in 2027?

House Bill 1 proposes $335.7 billion in state and federal spending, including $154.1 billion in general revenue spending. Senate Bill 1 recommends spending $332.9 billion in all funds, with $151.6 billion in general revenue spending for the cycle, which begins in September and ends in August 2027. ...

How much money is coming from sales taxes?

Some 61% of the total is expected to come from $94 billion in sales taxes, a 9% increase over the current cycle. The proposals for the next biennium leave more than $40 billion of that money on the table, as yet unspoken for as lawmakers start negotiating a compromise spending plan. ...