When looking at growth in the state’s budget as accurately as possible–by comparing the previous budget to the current one–both the House and Senate versions of the 2008-09 budget grow faster than population growth and inflation, with the Senate being a little more generous than the House.
Growing Pains: The Cost and Contribution of Impact Fees in Texas
Texas’s rapidly growing population requires new infrastructure and improvements, which oftentimes come at great expense. To fund these projects, local officials often impose impact fees on new development—but their use comes at a cost. Key points: Texas is the fastest-growing state in the nation. As such, it has robust infrastructure requirements. To help finance capital...