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Building Texas: The 2010-2011 State Budget

  

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

June 24, 2009

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Texas needs to make significant public investments in infrastructure and services to ensure our prosperity. Unfortunately, Texas is a low-tax state with a structural deficit. In 2006, the state made its structural deficit worse by pledging to pay for a local school property tax cut. The “hole” or uncovered cost of that tax cut is now almost $10 billion per biennium. To add to the state’s woes, just before the legislative session began in 2009, the country went into a severe economic recession that substantially reduced state tax revenues. Fortunately, the federal government stepped in with Recovery Act funding. Even so, many important projects and programs were left unfunded or inadequately funded. This analysis, Building Texas: The 2010-2011 State Budget, focuses on areas of the budget that are especially important to low- and moderate-income Texans.