The Texas Permanent School Fund (Fund) and its managers, the State Board of Education (Board), have become the focus of much critical attention over the past decade. Forever seeking greater sources of funding, the Texas Legislature has attempted to exercise greater control over the Fund to meet the State’s short-term needs for revenue. On the other hand, the Board has sought to accommodate the legislature while fulfilling its duty of protecting and growing a permanent, perpetual endowment fund.
Taxes & Spending
Supermajority Solutions for Texas Taxpayers
Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...
February 3, 2026