The Texas Senate Finance Committee has passed a budget to the full Texas Senate for approval that holds the line on spending while meeting all the critical needs.
Early analysis, empowertexans.com/, shows "the Senators have kept their budget, Senate Bill 1, within a conservative framework that limits spending growth to the combined rates of growth in state population and inflation. That framework, sometimes referred to as the “Conservative Texas Budget,” gives room for appropriations increases up to $147.5 billion in state funds and $218.5 billion in all funds. The upper chamber’s version of the budget comes in well under these figures with room to spare, appropriating $145.2 billion in state funds and 217.8 in all funds.
Over the past several weeks, senate appropriators have been diligently combing through the state’s finances, looking for ways to trim unnecessary spending, while simultaneously addressing major priorities and preserving the Economic Stabilization (“Rainy Day”) Fund for true emergencies and critical one-time expenditures."
All levels of Texas government, including Georgetown, should maintain their budget growth within population plus inflation limits. It is the fiscally responsible thing to do.
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