You have probably heard about the Texas “budget crisis,” and been told that to avoid budget cuts we need to tap Texas’ savings account, the Rainy Day Fund. But the reality is very different from the headlines. Texas actually has MORE money to spend now than it spent two years ago.
Taxes & Spending
SAISD is to Blame for Its Budget Mess
Earlier this week, San Antonio ISD officials complained that “tough decisions” lie ahead as budget deliberations began in earnest. Some even lamented that, absent drastic action, SAISD would be forced into “cutting hundreds of staff positions” across the district. The source of district’s budget woes, according to the superintendent, was three-fold: “stagnant state funding, declining...
April 11, 2024