the texas budget[1]
DESCRIPTION
Texas Budge and EducationTRANSCRIPT
What is a budget?What kinds of things do you
think the state has to pay for?Where do you think the money
comes from?
• The budget is biennial, which means it is prepared every two years.
• The state distributes money to different parts of the government. (Here’s a few examples)
• The Texas Constitution requires a balanced budget, which means that the state cannot spend more money than they have.
• Texas’ 2010-11 state budget, passed by the Texas Legislature in 2009, includes more than $182 billion, and provides funding for dozens of agencies and hundreds of programs. LIKE WHAT??
Attorney Genera l DPS Railroad Commission TRS Dept. of Transporation Veterans Commission
Work force Commiss ion WIC CHIP MEDICAID Dept. of Banking Council for Developmental
Disabilities Comtroller of Public Accounts SBEC TEA Environmental
Quality Fire Protection Commission Gulf Coast Waste Disposal Historical Commission Juvenile Probation Commission Medical Board Parks and Wildlife and many, many more!!!!!!
• Texas state government collects its revenue from seven sources.
http://www.texasbudgetsource.com/state/where-the-money-comes-from/
• Where does the majority of revenue come from?
• Which of these surprised you the most? WHY http://www.texasbudgetsource.com/state/where-the-money-comes-
from/
• Texas is one of nine states that does not require its citizens to pay a state income tax.
• Revenue comes from: – sales tax– franchise (or business) tax– other taxes, such as motor fuel taxes, vehicle
sales taxes, tobacco taxes, etc.
Federal government: The American Recovery and Reinvestment
Act of 2009 provided the state with over
$12 billion Other federal funds
Fees, fines, licenses, penalties Investments Lottery Land income
Where does the state spend most of its money?
For more info, click on http://www.texasbudgetsource.com/state/where-the-money-is-spent/budget-by-area/
Who requires children to go to school?
Why is it required?If public education is free
for students, where does the money come from to run the schools?
• The Texas Constitution requires the legislature to maintain an “efficient system of public free schools.”
• 4,933,617 students enrolled in school in 2010-11
• 97,439 students enrolled in Northside ISD in 2011-12
• Why do you think spending in public education has increased? http://fastexas.org/study/exec/spending.php
• What is the trend in enrollment in this graph?
• What does this mean for public education?
http://www.tea.state.tx.us/acctres/enroll_index.html
Where does most of the money come from?
http://www.texasbudgetsource.com/school-districts/where-the-money-comes-from/
• State and Federal Funds • Local Taxes: – Local taxes mostly come from property taxes .– Property taxes vary from district to district.– Taxpayers must vote for school bonds to be
approved. (School bonds are a way to generate additional revenue)
How does all of this affect citizens in Texas?
Why do I need to know about the state budget?
Why do I need to know how public education is funded?