Improving state budget transparency would provide Texans and their legislators with a clear picture of how their tax dollars are spent. The current strategic budget format of Texas' budget makes it challenging for experts, much less ordinary citizens, to track funds in the budget.
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...