AUSTIN, Texas (AP) - The state comptroller estimates that Texas will generate $92.6 billion in general revenue in 2014-2015, a major jump in tax collection from the last two-year budget cycle.
Susan Combs released the estimate Monday, the day before the 83rd Texas Legislature convenes. She also reported $8.8 billion in surplus revenue
More than $3.6 billion will automatically go into the Rainy Day Fund, so the Legislature has immediate control over how $89 billion can be spent. That doesn't mean they will spend all of it.
Gov. Rick Perry and Lt. Gov. David Dewhurst have promised to limit any increase in state spending to a sum of population growth plus inflation, or 9.85 percent.
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Posted: 05/22/13 - (Idabel, Okla.) – For anyone interested in learning more about building preservation, Idabel Main Street will host “Historic Building Maintenance,” a workshop on the care and maintenance of the historic district, June 25th, from 5:30pm – 7:00pm, at the Idabel Public Library. Read More
Posted: 05/08/13 - The Sherman Public Library is very excited about our upcoming Summer Reading Club for children and teens. Children ages birth-11 can Dig into Reading and join the Youth Summer Reading Club. The theme for the Teen Summer Reading Club this year is Beneath the Surface and it is open to teens ages 12-18. Read More
Posted: 05/07/13 - DURANT, Okla. – Regent Terry Matlock will deliver remarks at Southeastern Oklahoma State University’s Spring Commencement, scheduled for Saturday, May 11, at Paul Laird Field. The ceremony (for all schools) will begin at 10 a.m. A reception will follow at 11:30 a.m. in the Visual & Performing Arts Center. Read More
