State Budget Update: Is It Raining Yet?

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Eva DeLuna Castro /(512) 320-0222 x 103

April 10, 2002

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Many states are currently struggling with lower-than-anticipated revenue or increased costs for their fiscal 2002 budgets. This brief Policy Page answers some of the most commonly asked questions about Texas' state budget since the Legislature adjourned in May 2001 and explains why Texas may be better off in the short run, but worse in the long term.