James Frank for Texas State Representative District 69
  • Home
  • Meet James
  • Issues
  • MEDIA
  • News
  • CONTACT
Donate

Money, money, money!

  • Home
  • /
  • Election
  • / Money, money, money!

Money, money, money!

February 1, 2021 by JamesFrank in Election General News
Thanks to the wisdom of past Texas leaders, our state constitution requires the Legislature to pass a balanced budget every two years. While this constraint means that we must make tough choices on which programs to fund, it ultimately forces us to be good stewards of the state’s resources. In Texas, we don’t have the option of putting off necessary, difficult budget decisions by borrowing more money. The US Congress could certainly benefit from such a requirement, but that’s another story.
As we progress further into the 87th Legislative Session, we begin the process of creating and approving the state’s budget for the next two years. This edition of our weekly newsletter will provide an overview of the budget-building process, including a step-by-step explainer of how the budget works its way through the Legislature.
The process begins with the Comptroller’s Biennial Revenue Estimate (BRE). Essentially, this estimate lets the Legislature know how much money we have available to spend. While early projections from months ago appeared bleak due to economic fallout from the COVID-19 pandemic, the current estimate paints a picture that is much less grim.
Following the Comptroller’s report, the Legislative Budget Board (LBB) released their budgetary recommendations. This 1,000 page document will act as the starting point for our discussions. You can view the entire document here.
With the Biennial Revenue Estimate and the Legislative Budget Board’s recommendations in hand, the Legislature can now begin to draft, debate, and approve the final budget. This process can be lengthy and confusing, but will hopefully conclude with a budget that puts the needs of Texans first without raising taxes. Below, you can find a more in-depth breakdown of what to expect as the Legislature creates the budget.
May God bless you and your family,
James B. Frank Signature
James B. Frank
READ FULL NEWSLETTER HERE
Share this:
  • Facebook
  • Twitter
  • Google Plus
  • Pinterest
  • Email to a Friend
Previous Post
Priorities, Preparation, and Politics Today

Related News

Priorities, Preparation, and Politics Today
Priorities, Preparation, and Politics Today
January 26, 2021 by JamesFrank
New Session, New Speaker, New Rules
New Session, New Speaker, New Rules
January 19, 2021 by JamesFrank
It’s Game Time, Early Voting, & All the Way Down the Ballot
It’s Game Time, Early Voting, & All the Way Down the Ballot
October 21, 2020 by JamesFrank
Categories
  • Election
  • Event
  • General News
  • Legislation
  • This Week in the Legislature
  • Uncategorized
Tags
abortionbudgetbusiness franchise taxconstitutiondroughteducational testingend of life issueshomestead exemptiontax cutstaxestransportationtransportation funding
Archives
  • February 2021
  • January 2021
  • October 2020
  • September 2020
  • February 2020
  • July 2019
  • April 2018
  • August 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
Featured Video
https://www.youtube.com/watch?v=7GjqIpWMLoI
View All Videos
Calendar
February 2021
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
« Jan    

JOIN OUR TEAM

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!

James Frank District Office
1206 Hatton Road
Wichita Falls, TX 76302

James Frank Mailing
3808 B Kemp Blvd., Suite 321
Wichita Falls, TX 76308

Phone: 940-689-VOTE (8683)
E-mail: votejamesfrank@gmail.com

Privacy Policy
Quick Links
  • HOME
  • MEET JAMES
  • ISSUES
  • MEDIA
  • NEWS
  • CONTACT
  • DONATE
Connect with James
Paid for by the James Frank Campaign

Copyright © 2018 James Frank Campaign.
All Rights Reserved.

Website created by Hoegger Communications