The inefficiencies in the education system promise to yield significant savings to help budget writers balance the budget within available revenue. But the savings cannot be achieved unless the state, school districts, and institutions of higher education are willing to radically change the ways they do business.
Reinvigorating Federalism and Fiscal Discipline in Texas: Establishing the Office of State Sovereignty
Texas governments received $84.3 billion in federal funding in 2023, raising concerns over financial dependency and regulatory consequences. Creating an Office of State Sovereignty to monitor the application, receipt, and conditions of this aid could mitigate fiscal risk and improve transparency. Key points: Texas lacks a centralized system to oversee federal grants potentially flowing to...