A management structure for the Permanent School Fund similar to UTIMCO at the Permanent University Fund would be a positive step toward maintaining the integrity of the fund. It would give the State Board of Education authority over the fund commensurate with their responsibilities and provide them the necessary financial expertise.
Local Government
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...
September 9, 2026